As of June 4, 2026, PDT restrictions no longer apply to Sarwa Trade.
This follows a recent rule change approved by the U.S. Securities and Exchange Commission (SEC), which eliminates the Pattern Day Trading rule across the US trading industry. The change applies automatically to all Sarwa Trade accounts — no action is required on your part.
What's changing
Three things are going away as of June 4, 2026:
- The $25,000 minimum equity requirement for day trading
- The "four day trades in five business days" rule that triggered PDT status
- The PDT designation itself
In plain terms: you can now day trade on Sarwa Trade regardless of your account balance, without worrying about hitting a day-trade limit.
Was your account previously restricted?
If your account had been flagged as a Pattern Day Trader with a balance below $25,000, it was likely restricted to liquidation-only trades until the balance was restored. As of June 4, 2026, that restriction is automatically lifted. You don't need to contact us, take any action, or reapply.
You'll be able to resume trading normally the next time you open the app.
What Pattern Day Trading was
For context, here's what the previous rule looked like:
Under FINRA Rule 4210, a "Pattern Day Trader" was any client who placed four or more day trades within five consecutive business days in a margin account. Once flagged, the account had to maintain at least $25,000 in equity (excluding crypto) at the end of each business day. If the balance dipped below that, the account was restricted to liquidation-only trading until the balance was restored.
The rule was introduced in 2001 to protect newer retail traders after the dot-com crash, and it applied across every FINRA-regulated broker. After more than two decades, FINRA proposed replacing it with a risk-based framework that's better suited to today's markets- and the SEC approved that change in April 2026.
Let us know if you have any other questions in the meantime, reach out and we'd be happy to help.