>For example, a pattern day trader rule was imposed in February 2001 which required a $25,000 minimum balance to trade on margin. Technically, Accounts with le

>For example, a pattern day trader rule was imposed in February 2001 which required a $25,000 minimum balance to trade on margin. Technically, Accounts with less than $25k can trade on margin, they just can't make four or more day-trade in a five day period.