What is buying power in my account?

Buying power is the amount available for trading in your account, based on account equity, margin requirements, positions, and applicable risk controls.

Eligible margin accounts may use up to 4x leverage during the trading day. Actual buying power can vary depending on:

• Account equity
• Margin requirements
• Security volatility
• Concentration
• Existing positions
• Overnight exposure
• Other applicable risk controls

Buying power can fluctuate throughout the trading day, and certain securities may carry substantially higher margin requirements and reduced leverage availability.

Margin trading involves substantial risk and is not suitable for every investor.