Day trading refers to the action of buying and selling a lot of securities in the same day, or even in seconds. Day traders seek to take advantage of the price fluctuations that occur during a trading session.

Pattern day trading is a rule set by one of our regulators called FINRA.

This rule states that users are limited to no more than three trades per day in a five business day period unless you have $25,000 in your account.

However, this rule does not apply to "cash accounts", which are the type of account you have when you create your Hapi account. This rule only applies to other types of accounts called “margin accounts”. This means that you can trade stocks and ETFs without worrying about the number of daily transactions.

Do you have any additional questions regarding Day Trading? You can contact our support team here. We're here to help!