Small-Account Investors Now Have Unrestricted Access to Intraday Trading

Retail investors with less than $25,000 in account equity can now execute four or more intraday trades across five days using margin accounts. This follows the SEC approval of a FINRA rule FINRA rule change that eliminated the $25,000 minimum equity requirement for Pattern Day Traders. Margin and risk are now assessed in real-time. Trades will be blocked or margin calls are issued if an intraday position exceeds the risk capacity of an account's equity. Customers must add funds to the account of reduce positions if exposure grows too large.