Schwab day trading requirements
Charles Schwab is a good broker for beginners but traders are waiting with No minimum for funding your account -- Schwab eliminated this requirement for a always be a little confusing and overwhelming; particularly to new day traders. The most significant of these requirements is that your account must maintain at least $25,000 worth of equity. If you do not meet this minimum, you will receive a margin call to meet the minimum equity requirement, which you must meet. Otherwise, the account's day trading buying power will be frozen for 90 days or until the margin call is met.