Need a hand?

Just pop your question below to get an answer.

My account has been flagged for pattern day trading

Your Revolut trading account will be flagged for pattern day trading if you execute 4 or more day trades within 5 business days. If you receive this alert, you must maintain $25,000 in equity value in your account permanently to avoid restrictions. At Revolut, equity value doesn't include cash.

If you’re flagged for pattern day trading and have less than $25,000, you'll still be able to trade within your account. However, any sell orders for a stock or ETF purchased the same day will be rejected by DriveWealth thereafter.

This means you would have to wait at least one day to sell for any stock or ETF you purchase. If you end the day with equity value above $25,000, restrictions would be lifted the following trading day, and the limit would no longer apply as long as that $25,000 is maintained.

Can I get a one time exception?

One-time exceptions are no longer available. The pattern day trader designation is permanent and no longer expires after 90 days. The only way to remove this restriction is to maintain account equity of $25,000 or more. At Revolut, equity is defined as position value, and does not include cash.