Non Margin Buying Power 〈4K | 480p〉

: Many brokers, such as Fidelity Investments and Public , include a "maintenance buffer" (often around 10%) in this calculation to reduce the risk of an immediate margin call if the market fluctuates. Common Non-Marginable Securities

represents the total capital available in a brokerage account to purchase "non-marginable" securities—assets that cannot be used as collateral and must be paid for in full. Core Components non margin buying power

These assets generally carry higher volatility or lower liquidity, leading regulators and brokers to prohibit borrowing against them: : Many brokers, such as Fidelity Investments and

While it sounds like a simple "cash balance," it is actually a dynamic calculation based on two main factors: If you spend beyond your available cash by

: Using this balance can still create a margin loan. If you spend beyond your available cash by leveraging existing holdings, you will be charged margin interest on the borrowed amount.