Scottrade Buying Power Official

Since was acquired by TD Ameritrade in 2017 and subsequently merged into Charles Schwab in 2023, "Scottrade buying power" is now managed through the Schwab platform.

Buying power is the total amount of money available to you to purchase securities. It is not just your cash on hand; it is the sum of your cash plus any available margin—the money you can borrow from your broker to trade. The Scottrade Legacy scottrade buying power

: Scottrade typically offered 2:1 buying power for overnight stock positions and 4:1 buying power for day trades, following standard federal regulations. What Happened to Your Scottrade Account? Your account has likely gone through two major migrations: Since was acquired by TD Ameritrade in 2017