Ready to dive into the world of day trading on Webull? If you're actively trading, understanding your day trade count is crucial to avoid potential restrictions and keep your trading journey smooth. Let's get started on how to easily track your day trades on Webull and understand the rules that govern them.
The Webull Day Trade Counter: Your Key to Unrestricted Trading
For many traders, especially those with margin accounts under $25,000, the Pattern Day Trader (PDT) rule is a constant consideration. This FINRA rule limits you to three day trades within any rolling five-business-day period. Exceeding this limit can lead to your account being flagged as a Pattern Day Trader, resulting in restrictions that can seriously impact your trading flexibility. Knowing how many day trades you've made helps you stay compliant and avoid these headaches.
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| How To See How Many Day Trades On Webull |
Understanding What Counts as a Day Trade
Before we get into finding your count, it's essential to understand what exactly Webull (and FINRA) considers a day trade.
A day trade occurs when you open and close a position in the same security within the same trading day. This includes both buying and selling, or selling short and buying to cover, the same security.
Pre-market and after-hours trading on the same calendar day are also included in the day trade calculation.
Important Note: If you hold a position overnight and sell it the next day, it does not count as a day trade. However, if you sell a position held overnight, then buy and sell the same security again on the same day, that second "round trip" would count as a day trade.
Step 1: Engage with Your Webull App (Or Desktop!)
Hey there! Are you ready to take control of your Webull trading? Grab your phone or open your Webull desktop application. We're about to uncover your day trade history. Which platform are you using today – mobile or desktop? The steps are slightly different, but both are straightforward!
Sub-heading: Mobile App Navigation
If you're on the go and using the Webull mobile app, this is for you!
Open the Webull App: Tap the Webull icon on your smartphone.
Log In: Enter your PIN or use biometric authentication (Face ID/Touch ID) to log into your account.
Navigate to the "Menu" or "Account" Section: This is usually found by tapping the Webull icon at the bottom center of the screen, or sometimes a "Me" or "Account" tab in the bottom navigation bar. Look for an icon that resembles a person or a general menu.
Find Account Details: Once in the "Menu" or "Account" section, you'll see various options related to your portfolio, orders, and account. You're looking for something that relates to your "Account Details," "Positions," or "History."
Sub-heading: Desktop Platform Navigation
For those who prefer a larger screen and more detailed view, the Webull desktop platform is your go-to.
Launch Webull Desktop: Open the Webull desktop application on your computer.
Log In: Enter your credentials to access your trading platform.
Locate Account Information: On the desktop platform, your account information and various modules are typically displayed prominently. Look for a section related to your "Account," "Portfolio," or "Positions."
QuickTip: Short pauses improve understanding.
Step 2: Locating Your Day Trade Counter and Activity
This is where the magic happens! Webull generally provides a way to see your active day trade count, and if not, a clear path to review your trade history.
Sub-heading: Checking Your Rolling Day Trade Count (If Available)
Some brokerage platforms, including Webull, may have a readily visible "day trade counter" in your account header or a specific account details screen.
Mobile App: Within the "Account" or "Menu" section, look for a direct indicator like "Day Trades Remaining" or "PDT Count." This might be displayed near your account balance or in a dedicated "Account Details" screen. If it's not immediately visible, it might be in a "Settings" or "Preferences" menu under "Accounts" or "Header Details."
Desktop Platform: Similar to the mobile app, check the header of your trading platform or within the "Account" module. You might need to customize your layout or settings to make the day trade counter visible. Look for a gear icon or "Settings" to adjust what's displayed in your account header.
If you can't find a direct counter, don't worry! The next step is the most reliable way to accurately track your day trades.
Sub-heading: Reviewing Your Trade Activity for Manual Counting
This is the most reliable method and provides a clear audit trail.
Navigate to "Orders" or "History":
Mobile App: From the "Menu" or "Account" section, look for an option like "Orders," "Order History," "Trade History," or "Activity." Tap on it.
Desktop Platform: On the desktop, there will likely be a dedicated tab or section for "Orders" or "Trade History." Click on it.
Filter by Date Range: To accurately count day trades within the rolling five-business-day period, you'll need to set a custom date range. Look for a "Filter" or "Date" option within your order history. Set it to cover the last five business days.
Identify Day Trades: Now, here's the manual part, but it's crucial for understanding. Scroll through your filtered trade history and look for matching buy and sell orders of the same security that occurred on the same calendar day.
Example 1 (One Day Trade):
July 1, 2025: Buy 100 shares of XYZ
July 1, 2025: Sell 100 shares of XYZ
This is ONE day trade.
Example 2 (Also One Day Trade):
July 1, 2025: Buy 50 shares of ABC
July 1, 2025: Buy 50 shares of ABC
July 1, 2025: Sell 100 shares of ABC
This is ONE day trade. Even though there were multiple buy orders, it's one "round trip" for the security.
Example 3 (Two Day Trades):
July 1, 2025: Buy 100 shares of DEF
July 1, 2025: Sell 100 shares of DEF
July 1, 2025: Buy 50 shares of DEF
July 1, 2025: Sell 50 shares of DEF
This is TWO day trades. You completed two separate "round trips" for DEF on the same day.
Count Your "Round Trips": Systematically go through each business day within your 5-day rolling period and count these "round trip" transactions. This will give you your precise day trade count. Remember, the 5-day period is rolling, meaning it constantly updates. If you make a day trade today, it will count for the next five business days.
Step 3: Understanding the Pattern Day Trader (PDT) Rule and Its Implications
Once you know your day trade count, it's vital to understand what the PDT rule means for you on Webull.
Sub-heading: The $25,000 Equity Threshold
If you have a margin account with less than $25,000 in equity, you are subject to the PDT rule. This means you are limited to three day trades within any rolling five-business-day period.
If your margin account equity drops below $25,000 and you've been flagged as a PDT, you will be restricted from making further day trades until your account balance is restored above the $25,000 threshold. This is known as an Equity Maintenance (EM) Call.
Good News: If you have a cash account, the PDT rule generally does not apply to you. You can make unlimited day trades as long as you have settled cash available. However, cash accounts are subject to "good faith violations" if you trade with unsettled funds, which can also lead to restrictions.
Even Better News: If your margin account consistently maintains $25,000 or more in equity, you are not restricted by the PDT rule and can day trade as much as you want.
Sub-heading: Consequences of Being Flagged as a Pattern Day Trader
Tip: Read once for flow, once for detail.
If your margin account (under $25k) is flagged as a PDT, you might face:
Trading Restrictions: Your account might be set to "closing-only" transactions, meaning you can only sell existing positions and not open new ones. This can severely limit your trading ability.
Margin Calls: An Equity Maintenance Call will be issued if your account drops below $25,000 while flagged as a PDT.
Temporary Bans: Failure to meet margin calls or continued violations can result in temporary suspensions of day trading privileges, or even a 90-day restriction.
Sub-heading: Requesting a PDT Reset
Webull, like many brokers, typically allows for a one-time PDT reset for your account. This can remove the PDT flag and lift trading restrictions, giving you a fresh start. However, this is usually a single opportunity for the lifetime of the account.
To request a reset, you typically need to contact Webull's customer support.
Be aware that reset requests submitted after a certain time (e.g., 3:15 PM CT for tastytrade, which has similar PDT rules) may be processed the following night.
Step 4: Strategies to Manage Your Day Trade Count
Now that you know how to see your day trades and understand the rules, here are some strategies to avoid running into PDT issues:
Sub-heading: Plan Your Trades Carefully
Before entering a trade, consider if you intend to close it on the same day. If so, factor it into your day trade count.
Use Stop-Loss and Take-Profit Orders: These can help you manage your positions and execute exits without necessarily counting as a day trade if they trigger on a subsequent day (though if they trigger the same day, they will count).
Think about overnight holds: If you're nearing your day trade limit, consider holding positions overnight to avoid a day trade count.
Sub-heading: Utilize a Cash Account (If Applicable)
If you primarily day trade and have less than $25,000, a cash account might be a better fit. Just remember to trade with settled funds to avoid good faith violations. Webull has different settlement times for different securities.
Understand settlement periods: For stocks, typically T+2 (trade date plus two business days). This means funds from a stock sale are available to withdraw or trade other securities after two business days. However, for trading the same security, the funds usually settle faster for re-entry. Always verify Webull's specific settlement policies.
Sub-heading: Maintain Sufficient Account Equity
The simplest solution, if feasible, is to maintain over $25,000 in your margin account. This completely exempts you from the PDT rule.
Conclusion: Stay Informed, Stay Trading!
Knowing how to see your day trades on Webull is more than just curiosity; it's a fundamental part of responsible and unrestricted trading, especially if you're operating with a margin account under $25,000. By regularly checking your trade history, understanding the PDT rules, and planning your trades strategically, you can navigate the exciting world of day trading on Webull with confidence and avoid unnecessary account restrictions. Happy trading!
Tip: Review key points when done.
10 Related FAQ Questions
How to check my Webull account type (cash vs. margin)?
You can usually find your account type by navigating to your "Account" or "Profile" section within the Webull app or desktop platform. It will typically be clearly labeled as "Cash Account" or "Margin Account."
How to avoid being flagged as a Pattern Day Trader on Webull?
Maintain an account equity of $25,000 or more in your margin account, or limit your day trades to no more than three in a rolling five-business-day period. Alternatively, use a cash account.
How to request a PDT reset on Webull?
Contact Webull's customer support through their in-app chat, email, or phone. Explain your situation and request a "Pattern Day Trader reset." Remember, this is typically a one-time courtesy.
How to understand if pre-market/after-hours trades count as day trades?
Yes, pre-market and after-hours trades executed and closed on the same calendar day do count towards your day trade limit on Webull.
How to calculate a "rolling five-business-day period"?
Tip: Summarize the post in one sentence.
It means that any given day's trades are evaluated based on the previous four business days. For example, if you make a day trade on Monday, it counts for Monday, Tuesday, Wednesday, Thursday, and Friday. If you make another on Tuesday, it counts for Tuesday, Wednesday, Thursday, Friday, and the following Monday.
How to know if I have sufficient settled funds in my cash account?
Webull typically shows your "Buying Power" or "Available to Trade" amount, which reflects your settled funds. You can also check your "Cash Balance" and "Settled Cash" within your account details.
How to lift an Equity Maintenance (EM) call on Webull?
To lift an EM call, you must deposit enough funds to bring your margin account equity back above the $25,000 threshold by the market close.
How to differentiate between a day trade and an overnight trade?
A day trade involves both opening and closing a position in the same security within the same trading day. An overnight trade means you hold the position open at the market close and sell it on a subsequent trading day.
How to view my past trade history on Webull?
Go to the "Orders" or "Trade History" section in your Webull app or desktop platform. You can then typically filter by date range to see your past transactions.
How to trade options without triggering the PDT rule on Webull?
The PDT rule applies to equity options just as it does to stocks. So, the same rules apply: maintain $25,000+ in your margin account or limit your options day trades to three in a rolling five-business-day period.
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