Does “pattern day trader” rule only apply to trades within a margin account?

Question by freeetibet: Does “pattern day trader” rule only apply to trades within a margin account?
If I don’t use a margin account, am I still at risk of being labeled a “pattern day trader” if I do 4 or more day trades in a 5 day period? I only intend to use cash to purchase stocks.

Best answer:

Answer by muncie birder
It also applies to cash accounts, but only to those accounts with less than ,000 in assets.

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