A day trade call can only be met by depositing new funds/margin eligible securities that will release sufficient margin excess to satisfy the day trade call.
Please note, you cannot meet a day trade call by liquidating existing positions. In addition, funds/securities deposited to meet the day trade call must stay in your account for at least 2 business days.
If the day trade call is not met by the 5th business day, your account will be restricted to Liquidation Only for 90 days (account equity >$25,000) or until the call is met (account equity <$25,000).
Day Trading involves significant risk and is not suitable for everyone. Before engaging in day trading, carefully consider your investment objectives, experience level, and risk tolerance.
Still got questions? Contact TradeUP Customer Support by email at support@tradeup.com or reach out to us on Live Chat!