Stock Buying Power Thinkorswim Apr 2026
The amount available for purchasing and holding stocks. In a margin account, this typically offers 2:1 leverage for positions held overnight.
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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 stock buying power thinkorswim
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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 The amount available for purchasing and holding stocks
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Available capital for trades opened and closed on the same day . This usually provides up to 4:1 leverage but requires a minimum balance of $25,000 to maintain Pattern Day Trader (PDT) status. Stock buying power on (TOS) is the total
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.