: The specific amount of unencumbered cash you can spend without taking out any margin loan or incurring interest.
These assets are restricted because they are often illiquid or highly volatile: : Generally stocks trading under $5 per share. what is non margin buying power
: Specifically used for securities with a 100% margin requirement , meaning you cannot borrow against them. : The specific amount of unencumbered cash you
: This balance typically consists of your core cash plus any margin surplus from marginable securities you already own. : This balance typically consists of your core
: While it is used for "non-marginable" assets, using this balance in a margin account can still trigger a margin loan. This happens if you leverage the loan value of other holdings to buy these assets, resulting in margin interest charges.
: New stocks may be restricted for the first 30 days of trading.