Day Trading Margin Account Balance

Once you are logged into your account, click the My Account tab at the top to see your balance information. Below is an example of what a day trading margin account might look like:

Notice that there are two separate tabs on your balances report in the graphic above. The Balance Summary tab provides a high-level overview of the funds in your account, and the Detailed Balances tab offers and in-depth explanation of your account balances.

Balance Summary

In addition to listing your balance information, you will also see important account information to alert you to funds available for certain kinds of trading under the Balance Summary tab. It's helpful to check your balances before engaging in trading to ensure your trades are able to be placed.

Trading & Cash Balances

Day Trading Buying Power - Your Day Trading Buying Power is the amount of money you have available in your account to place day trades on a given trading day, and it only applies to margin accounts classified as Patter Day Trading accounts with $25,000 or more in equity.

Buying Power: Marginable Investments - This balance shows the funds in your account that may be used for the additional purchase or short selling of marginable securities. Any funds used in excess of the margin settled credit balance are a loan and will be charged margin interest.

Buying Power: Non-Marginable Investments - This balance shows the funds in your account that may be used to purchase non-marginable securities. Any funds used in excess of the margin settled credit balance are a loan and will be charged margin interest.

Cash Available for Withdrawal without Margin Loan - This balance shows the funds in your account that may be withdrawn without incurring a margin loan and margin interest.

Total Cash Balance - This balance shows the total cash credit or debit in your brokerage account. Debit balances are a loan and will be charged margin interest.

Positions

Stocks, Mutual Funds, CDs & Bonds Market Value - This balance is the real-time value of the current positions in your account, excluding options.

Options Market Value - The balance is the real-time value of the current option positions in your account, excluding non-standard options.

Total Positions Market Value - The market value of all the positions in your account is calculated as the sum of your Stocks, Mutual Funds, CDs & Bonds Market Value plus your Options Market Value.

Note: Your positions and cash balances are combined to present a Total Brokerage Account Value at the bottom of the Balance Summary tab.

Detailed Balances

Your detailed balances report expands on the information found in your balance summary. Any restrictions on the funds in your account will be noted in the Account Restrictions section at the bottom of the Detailed Balances tab.

Cash Balances

Brokerage Cash Balance - The total amount of funds in the cash portion of your account is called your brokerage cash balance.

Brokerage Margin Balance - The total amount of funds in the margin portion of your account is called your brokerage margin balance.

Brokerage Short Stock Reserve - This balance indicates the total amount set aside for the buyback of short positions in your account. Your short stock reserve balance is calculated at the end of each day based on the previous day's closing price of current short positions in your account.

Total Cash Balance& - This balance shows the total money credit or money debit in your brokerage account. Debit balances are a loan and will be charged margin interest.

Cash Available for Withdrawal

Cash Available Without Margin Loan - This balance shows the funds in your account that may be withdrawn without incurring a margin loan and margin interest.

Cash Available Including a Margin Loan - This balance shows the total amount of funds you can withdraw from your account. Any portion of this amount used to create or increase a margin loan will be charged margin interest.

Day Trading Buying Power (DTBP)

Account Maintenance Excess - Your Account Maintenance Excess balance is the amount of marginable equity above the minimum account requirements as of the previous day's closing prices.

Beginning of Day DTBP - Your Beginning of Day DTBP is equal to four times the amount of your Account Maintenance Excess as of the previous day's closing prices. This is the total amount of funds you have available for intraday trading throughout the day.

Today's Impact on DTBP - Your Today's Impact on DTBP balance is a calculation of the net impact of today's trades, using execution prices. It includes all opening transactions on a position during the current trading day. If you close out a position that you opened earlier in the day, or participated in a day trade, the impact will be reduced by the amount required for the opening transaction. Today's Impact on DTBP reduces the Current Day Trading Buying Power of your account.

Funds Applied to Open Buy Orders - This balance is the total amount of funds that will be removed from your account if all of your open buy orders are executed.

Buying Power

Funds Applied to Open Buy Orders ­- This balance is the total amount of funds that will be removed from your account if all of your open buy orders are executed.

Buying Power: Marginable Investments - This balance indicates the funds in your account that may be used for the additional purchase or short selling of marginable securities. Any buying power used in excess of the margin settled credit balance is a loan and will be charged margin interest.

Buying Power: Non-Marginable Investments - This balance indicates the funds in your account that may be used to purchase non-marginable securities. Any buying power used in excess of the margin settled credit balance is a loan and will be charged margin interest.

Short Stock Detail

Short Stock Reserve - This balance indicates the total amount set aside for the buyback of short positions in your account. Your short stock reserve balance is calculated at the end of each day based on the previous day's closing price of current short positions in your account.

Short Stocks Market Value - This balance indicates the total value of any short positions held in your account.

Today's Credit/Debit for Shorted Stocks - The potential mark-to-the-market based on current stock prices of short positions and profit/loss on closed short positions is shown as your Today's Credit/Debit for Shorted Stocks balance.

Positions Market Value

Stocks, Mutual Funds, CDs & Bonds Not Held on Margin - This balance represents the total value of any positions held in the cash portion of your account, excluding options, as of yesterday's close.

Stocks, Mutual Funds, CDs & Bonds Held on Margin - This balance represents the total value of any positions held in the margin portion of your account, excluding options, as of yesterday's close.

Short Stocks Market Value - This balance represents the value of any positions held in the short portion of your account as of yesterday's close.

Total Stocks, Mutual Funds, CDs, Bonds & Short Stocks Market Value - The total market value of all the positions in your account, excluding options, as of the previous day's market close is calculated as the sum of your Stocks, Mutual Funds, CDs & Bonds Not Held on Margin, your Stocks, Mutual Funds, CDs & Bonds Held on Margin, and your Short Stocks Market Value.

Option Market Value - The balance is the real-time value of the current option positions in your account, excluding non-standard options.

Total Account Value

Positions Market Value - The market value of all the positions in your account is calculated as the sum of your Stocks, Mutual Funds, CDs & Bonds Market Value plus your Options Market Value.

Cash Balance - This balance shows the total money credit or money debit in your brokerage account. Debit balances are a loan and will be charged margin interest.

Total Brokerage Account Value - The total value of your brokerage account is calculated as the sum of your Positions Market Value plus your Cash Balance.

Yesterday's Values

In the Yesterday's Values section of your detailed balances report, you'll see the total amount of your Stocks, Mutual Funds, CDs & Bonds Market Value balance and your Total Cash Balance shown for the current and previous trading days. You can use the side-by-side balances to see how the current market day has impacted your account.

Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (available at your local Scottrade branch office or from the Options Clearing Corporation at 1-888-OPTIONS or by visiting www.888options.com). All option accounts require prior approval by Scottrade. Market volatility, volume, and system availability may impact account access and trade execution. Supporting documentation for any claims will be supplied upon request.

Investors should consider the investment objectives, risks, charges, and expenses of mutual fund carefully before investing. A prospectus contains this and other information about the fund and is available through www.scottrade.com or through a Scottrade branch office. The prospectus should be read carefully before investing.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Scottrade's margin agreement, available at scottrade.com or through a Scottrade branch office, contains the Margin Disclosure Statement and information on our lending policies, interest charges and the risks associated with margin accounts.