The $25,000 PDT Rule May Finally Be Dying in 2026!
Cobra Trading is ready to unlock intraday leverage with as little as $2,000.
Be the first to know the exact launch date and your new buying power!
FINRA has approved the removal of the longstanding $25,000 minimum equity requirement for pattern day trading. Upon final SEC approval, this restrictive 2001 rule will be eliminated permanently. Cobra Trading stands fully prepared to implement the updated regulation immediately, enabling our clients to day trade without the legacy capital threshold.
Frequently Asked Questions
When will the new rules go into effect?
FINRA approved the change in September 2025. SEC final approval is expected Q1–Q2 2026. Cobra plans to roll out the new system as soon as the rule is lifted. You’ll get an exact date from us the moment we have it.
What will the new account minimum be at Cobra Trading?
We expect the account minimum to daytrade will be $2,000; matching the current minimum to obtain a margin account. The final number will be confirmed once the SEC publishes the exact rule. Cobra Trading may set its account minimum higher than the proposed minimum.
Will the “4-day trades in 5 days = PDT flag” still exist?
No. That definition is being eliminated completely. Margin will be calculated in real time based on volatility and position size instead of a blunt $25k threshold.
Will I get more leverage?
Qualified daytrading accounts will have 4:1 Reg-T intraday (2:1 overnight) on liquid stocks, exactly what Cobra already offers clients above $25k today. The primary change with removal of PDT will allow unlimited margin trades instead of the current 3 round-trip trades in a 5 day period.
Is there still risk of margin calls or liquidations?
Yes.
Can I day trade options without any minimum?
Nothing changes for options trading — those were never subject to the $25k rule.
Who can I contact for more information?
You can hop in our Live Chat or email us at info@cobratrading.com