An account is considered a pattern day trading account if the account holder executes more than three stock or option day trades within a five business-day period. Industry regulations require that pattern day traders must maintain a minimum account value of $25,000. If a pattern day trading account does not maintain a value of at least $25,000, the account holder will be restricted from placing opening trades in that account until the account value is raised to a minimum of $25,000. Buying power for Pattern Day Traders is limited to two (2) times the margin maintenance excess for equities and one time for options. Cross guarantees among accounts are prohibited. Please refer to our Pattern Day Trading Disclosure for more information.