Once you are logged into your account, click the My Account tab at the top to see your balance information. Below is a sample of what a margin account might look like:
*Numbers displayed are examples only
You'll notice that not only is your balance listed, but you will also see important account information to alert you to funds available for certain kinds of trading. It's helpful to check your balances before engaging in trading to ensure your trades are able to be placed.
Positions
Stocks, Mutual Funds & Bonds not held on Margin - Value of any positions held in the cash portion of the account
Stocks, Mutual Funds & Bonds held on Margin - Value of any positions held in the margin portion of the account
Short Stocks Market Value - Value of any positions held in the short portion of the account.
Total Stocks, Mutual Funds, Bonds & Short Stocks Market Value - The sum of the following: Stocks, Mutual Funds & Bonds not held on Margin + Stocks, Mutual Funds & Bonds held on Margin + Short Stocks Market Value
Options Market Value - Value of current options positions, excluding non-standard options
Money Balances
Cash Balance - Money balance in the cash portion of the account (debit or credit)
Margin Balance - Money balance in the margin portion of the account (debit or credit)
Short Stock Reserve - Money set aside for buy back of short positions in the account. This is calculated each day based on the previous day's closing price of current short positions in the account.
Total Money Balance - Cash money balance, plus margin money balance, plus short sale proceeds
Total Account Value - Sum of the following fields: Total Stocks, Mutual Funds, Bonds & Short Stocks Market Value + Options Market Value + Total Money Balance
Margin Equity Percentage - The percentage of equity you own on margin
Short Stock Detail
Short Stock Reserve - Money set aside for buy back of short positions in the account. This is calculated at the end of each day based on the previous day's closing price of current short positions in the account.
Short Stock Market Value - Value of any positions held in the short portion of the account
Today's credit/debit for shorted stocks - Potential mark-to-the-market based on current stock prices of short positions and profit/loss on closed short positions
Buying Power
Positive Cash and Margin Balance - The net positive balance of money in the cash and margin portion of the account. If the sum of the cash and margin balance is negative, the amount will display as $0.00
Loan Value from Marginable Securities - The amount of equity from marginable securities, which may be used to purchase additional securities
Funds Applied to Open Buy Orders - Funds held to cover open buy orders
Buying Power: Non-Marginable Securities - May be used to purchase non-marginable securities or to withdraw from the account. Any buying power used in excess of the available money balance is a loan and will be charged margin interest.
Buying Power: Marginable Securities - May be used for the additional purchase or short selling of marginable securities. Buying Power is equal to twice the amount that may be used to purchase Non-Marginable Securities. Any buying power used in excess of the available money balance is a loan and will be charged margin interest.
Cash Available for Withdrawal - The sum of the following: Stock loan value of marginable stocks + Cash money balance + Margin money balance + Short sale proceeds - Funds applied to open buy orders. Any amount withdrawn in excess of the Positive Cash and Margin Balance available money balance is a loan and will be charged margin interest.
Yesterday's Positions' Value
Stocks, Mutual Funds & Bonds not held on Margin - Value of any positions held in the cash portion of the account, excluding options, as of yesterday's close.
Stocks, Mutual Funds & Bonds held on Margin - Value of any positions held in the margin portion of the account, excluding options, as of yesterday's close
Short Securities Market Value - Value of any positions held in the short portion of the account as of yesterday's close
Market Value as of Yesterday's Close - Sum of the following: Stocks, Mutual Funds & Bonds not held on Margin + Stocks, Mutual Funds & Bonds held on Margin + Short Securities Market Value
Yesterday's Total Money Balance - Yesterday's cash money balance, plus margin money balance, plus short sale proceeds
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.
| Trading Web Site | 10/17/09 |
| ScottradeELITE | 10/17/09 |
| Trading Web Site | 11/14/09 |
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Any specific securities, or types of securities, used as examples are for demonstration purposes only. No information on this Web site should be considered a recommendation or None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.
Investors should consider the investment objectives, risks, and charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. 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. Margin Disclosure Statement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.
Options involve risk and are not appropriate for all investors. Detailed information about the risks associated with options can be found in the Scottrade Options Application and Agreement, Brokerage Account Agreement, or by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from your local branch office. Supporting documentation for any claims will be supplied upon request.
Market volatility, volume, and system availability may impact account access and trade execution.
Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.