Typically equal to your settled cash minus any requirements for open positions. Options generally require 100% of the purchase price upfront. 🔍 How It Is Calculated
Active but unfilled orders (e.g., a limit order set far from the current price) reduce your available buying power until they are canceled. If you'd like, I can help you: stock buying power thinkorswim
Stock buying power on (TOS) is the total amount of capital available to purchase shares, including any leverage provided by your broker. It is separate from Option Buying Power because options cannot be bought on margin in the same way stocks can. 📊 Key Buying Power Metrics Typically equal to your settled cash minus any
Leverage amplifies both gains and losses. Using your full buying power significantly increases the risk of a margin call if the trade moves against you. If you'd like, I can help you: Stock
You can find these in the gadget in the top-left sidebar.
The calculation changes based on your account type and the time of day: Account Type Calculation Logic Typical Leverage Settled cash minus open orders. 1:1 (No leverage) Margin (Overnight) Total account equity minus margin requirements. Margin (Intraday) Excess maintenance margin multiplied by four. ⚠️ Critical Rules & Warnings