- Please visit FINRA to learn more about Pattern Day Trading Protection
- In order to prevent Alpaca Brokerage Account customers from unintentionally being designated as a Pattern Day Trader (PDT), the Alpaca Trading platform checks the PDT rule condition every time an order is submitted from a customer. If the order could potentially result in the account being flagged as a PDT, the order is rejected, and API returns error with HTTP status code 403 (Forbidden).
What is pattern day trading protection? Why is it denying my trades?
December 2022
Was this helpful?