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:

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

: Charles Schwab completed its acquisition of TD Ameritrade, moving all former Scottrade and TD clients to the Schwab platform . TD Ameritrade, Inc. is now at Schwab : Scottrade typically offered 2:1 buying power for