Has anyone been freed from the pattern day trading restrictions yet?
Today is Thursday June 4th 2026.
Many of the newer brokers have already lifted their pattern day trading restrictions.
E*trade is still counting my day trades as of today.
Why are the older legacy brokers so slow?
From google:
Immediate Removals (Effective June 4)
Robinhood: Officially lifted restrictions and removed flags from accounts.
Webull: Lifted day trade count restrictions and the PDT flag on Day One.
Tastytrade: Implemented the new framework to bypass existing lockouts immediately.
Other Day-One Participants: Alpaca, Cobra Trading, Firstrade, Kraken Securities, Lightspeed, Moomoo, Public, TradeStation, Tradeup, Tradier, and TradeZero.
Staggered & Phased Rollouts
Charles Schwab: Officially transitioning on June 8, 2026. The PDT designation is being eliminated, and accounts below $25K will no longer face restrictions.
E*TRADE: Transitioning shortly after June 4.
Fidelity: Transitioning on June 5, 2026.
IBKR (Interactive Brokers): Utilizing a phased rollout, meaning updates to individual accounts may take additional time.