Robinhood and Webull Shares Rally After SEC Ends $25,000 Day-Trading Minimum

Robinhood Markets and Webull shares jumped after the U.S. Securities and Exchange Commission approved updates backed by the Financial Industry Regulatory Authority to change the pattern day trading rule. The rule had previously limited traders with less than $25,000 in margin accounts to no more than four day trades in five business days.
The change removes the $25,000 minimum balance requirement for day trading, which had been a major restriction for smaller retail investors. Following the news, Robinhood stock rose about 7%, from $79.09 to above $84, while Webull gained about 8%, from $5.82 to around $6.30.

The SEC approved updates that remove the $25,000 minimum balance rule for pattern day trading.

Traders with less than $25,000 in a margin account could not make more than four day trades within five business days.

Both companies benefit when more retail investors can trade more freely on their platforms.

The rule change removes the $25,000 minimum, but trading still comes with other rules and risks.

Benzinga

The SEC approved updates proposed by the Financial Industry Regulatory Authority to overhaul the pattern day trading rule, which previously restricted traders with less than $25,000 in margin accounts from making more than four day trades within five business days.

Schaeffers Research

Trading platforms Webull Corp (NASDAQ:BULL) and Robinhood Markets Inc (NASDAQ:HOOD) are buzzing today, after the Securities and Exchanges Commission (SEC) eliminated the pattern day-trader minimum balance of $25,000.

24/7 Wall Street

Robinhood Markets (NASDAQ:HOOD | HOOD Price Prediction) stock is up 7% today, rising from $79.09 to $84 and change, while Webull (NASDAQ:BULL) shares are surging 8%, climbing from $5.82 to $6.30.

Benzinga

The move to eliminate the PDT rule removes a key structural friction that had capped intraday activity for retail traders with smaller accounts, while forecasts for explosive prediction-market growth highlight a new, higher-margin product frontier for retail trading platforms.

Investors Business Daily

Webull, Robinhood stock rally after the SEC eliminates minimum requirements for day trading. Bernstein sees rebound for HOOD stock.

CNBC Television

Shares of Robinhood jumped on news that the Securities and Exchange Commission will end limits on day-trading for smaller, retail investors. CNBC's MacKenzie Sigalos explains.

The Motley Fool

The SEC scrapped its previous $25,000 margin account requirement for pattern day traders. Since Robinhood primarily serves smaller, retail customers, this could be a positive short-term development for the stock.

Invezz

Webull stock price has rebounded in the past few days, and this trend may continue in the near term as it has formed a highly bullish chart pattern and its growth trajectory is continuing. BULL jumped by 13% on Wednesday, reaching its highest point since March 5 this year.

The Motley Fool

Today, April 15, 2026, traders are optimistic that more relaxed SEC day-trading rules will boost Robinhood's results.

Investopedia

A federal regulator just gave investors who buy and sell frequently its blessing to trade, with one less rule to worry about—and the news is lifting the stocks of companies that could benefit.

Zacks Investment Research

SEC backs scrapping "pattern day trader" label, swapping the $25k rule for intraday margin, boosting HOOD, BULL and other retail brokerages.

Benzinga

Robinhood is also getting a sentiment lift from the idea that prediction markets could become a major new product line, with bulls pointing to potential $1 trillion prediction market volumes over time.

Seeking Alpha

Webull is set to benefit from the removal of pattern day trader rules, as it could accelerate trading volumes and user growth. The company posted fourth-quarter revenue of $165.19 million, up 49.8% over its year-ago comp, with funded accounts at around 5 million and customer assets at $24.6 billion....

Show All Sources