Moomoo US Help Center-Cash Sweep and Pattern Day Trading
English
Back
Download
Log in to access Online Inquiry
Back to the Top

Cash Sweep and Pattern Day Trading

The reason why you cannot participate in the Moomoo Financial Inc. Cash Sweep Program (「Program」) when you are marked as a pattern day trader (「PDT」)  is that the cash in the Program cannot count towards the $25,000 of minimum equity that a PDT is required to maintain. Cash in the Program therefore, will not count towards the day-trading buying power. This measure follows standard industry practice because permitting a PDT customer to participate in the Program could result in continuous day trade calls for the customer. Please visit FINRA's website for more details about day trading.

Please note that if you are marked as a PDT while enrolled in the cash sweep program, you will be unenrolled from the program and the cash and already-accrued interest will be paid to your brokerage account. You will not earn interest on the uninvested cash that is not in the Program.

Market Insights

Discussing

Berkshire 2025 highlights: Stepping aside as CEO, trade and market volatility
$Berkshire Hathaway-A (BRK.A.US)$ held its highly anticipated annual shareholders meeting Saturday. Here are some key takeaways from the eve Show More

Discussing

Trade war escalates: What’s next for Chinese stocks?
🎙️Discussion 1. China-EU EV negotiations kick off recently. How do you think the negotiations will impact the performance of related stocks Show More

Discussing

FOMC holds rates amid heightened uncertainty: Where will US stocks head next?
🎙️Discussion 1. With the Fed highlighting "elevated uncertainty", are you prioritizing rate projections or near-term economic data for ma Show More