Pattern Day Trader Reset

Hi @wallstready, glad you found our server. The Pattern Day Trader (PDT) designation is assigned to individuals who place four or more day trades within five business days or have two or more unmet day trade calls within 90 days. A customer who no longer intends to day trade, and would like to have the classification removed, may make a one-time request for removal. Just so you know, this is a one-time exception that requires you to confirm that you will no longer trade in a way that is consistent with a PDT. This designation will not be removed a second time, per industry regulations. To get this request entered, please get in touch with us through the link below. Our customer service representatives are available 24 hours a day, seven days a week. Contact Information: https://www.fidelity.com/customer-service/contact-us Clients classified as a PDT must maintain a minimum account equity of $25,000. Accounts classified as PDT that fall below the required $25,000 start-of-day account value are placed in a minimum equity day trade call and must place trades in type cash using cash buying power. Clients have five business days to meet the minimum equity call by depositing cash or increasing regulatory net worth value to meet the $25,000 minimum. Failing to meet the minimum equity requirement may result in the account having reduced or restricted buying power. This restriction requiring trades to be placed in type cash will remain on the account for 90 calendar days. You can learn more about pattern day trading and margin from the margin FAQs page. Trading margin FAQs: https://www.fidelity.com/trading/faqs-margin