Cryptocurrency Q&A Why can I only make 3 trades a week?

Why can I only make 3 trades a week?

Tommaso Tommaso Wed Nov 27 2024 | 5 answers 645
I'm encountering a trading limitation on my account, allowing me to execute only 3 trades per week. I'm seeking clarification on the reason behind this restriction. Why can I only make 3 trades a week?

5 answers

charlotte_clark_doctor charlotte_clark_doctor Fri Nov 29 2024
However, if your account value exceeds $25,000, these restrictions are lifted, and you can trade freely.

Was this helpful?

52
22
Valentino Valentino Fri Nov 29 2024
Trading restrictions are in place for accounts with a certain balance.

Was this helpful?

140
84
Lorenzo Lorenzo Fri Nov 29 2024
To avoid accidentally violating the rule, your broker will keep you informed and notify you of any potential issues.

Was this helpful?

79
59
CryptoPioneer CryptoPioneer Fri Nov 29 2024
Specifically, if your account has $5,000, you are limited to making three-day trades within any rolling five-day period.

Was this helpful?

111
97
alexander_jackson_athlete alexander_jackson_athlete Fri Nov 29 2024
This means that you can only engage in trading activities for three days out of every five.

Was this helpful?

263
40

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts