Firstrade Ready on Day One to Support FINRA's New Intraday Margin Framework

Firstrade Securities Inc. has announced it will fully support the Financial Industry Regulatory Authority’s (FINRA) new intraday margin framework from the effective date of June 4, 2026. The U.S. Securities and Exchange Commission (SEC) approved amendments to FINRA Rule 4210 on April 14, 2026, paving the way for the modernized system.

Under the new rules, the minimum equity required for active trading is $2,000 — the standard margin account minimum. Traders will face no limit on the number of day trades they can execute, as long as they have available buying power. Intraday margin buying power will be calculated in real time based on a client's current margin excess, rather than relying on the prior day’s closing balance.

“This is a meaningful step toward a more open and flexible trading environment,” said John Liu, CEO and Founder of Firstrade. “We're proud to deliver this for our clients from day one.”

The brokerage, known for its commission-free trading on stocks, ETFs, options, and mutual funds, said the changes make active trading more accessible to a broader range of investors. The update also expands flexibility for pattern day traders by eliminating previous restrictions tied to a minimum equity threshold of $25,000.

Firstrade noted that clients can find more details through its Help Center or 24/7 customer service team. The firm emphasizes that margin trading involves risks, including the potential to lose more than deposited, and that day trading carries substantial risk not suitable for all investors.