The change eliminates the long-standing PDT restrictions that limited accounts under $25,000 to three day trades within a rolling five-business-day period. Once implemented, Webull users will be able to trade throughout the day without needing to maintain a $25,000 minimum balance to avoid PDT limitations.

By supporting the new rules immediately upon launch, Webull will be among the first retail brokerages to bring the updated intraday trading framework to clients, reinforcing its commitment to providing investors with flexible tools and broad market access.

Under the new framework, investors will be able to execute trades without the previous frequency limits and realized profits will immediately be applied to their intraday buying power. This enables investors to redeploy capital throughout the same trading session, allowing them to more quickly respond to market opportunities. 

The change will apply to trading in stocks, ETFs, and options, all of which are currently subject to PDT rules. By removing these restrictions, the updated margining system is expected to lower barriers for newer active traders while enabling experienced traders to operate more efficiently.

The updated intraday margining system will go live for Webull clients as the new regulatory framework takes effect, pending final approval and implementation timelines from U.S. regulators.