Margin Account Balance

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

View Graphic

Notice that there are two separate tabs on your balances report in the graphic shown here. 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 can be placed.

Trading & Cash Balances

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Cash Available for Withdrawal without Margin Loan - This balance shows the funds in your account that may be withdrawn without incurring a margin loan and margin interest.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

Bank Deposit Program Balance - This balance is the total amount of funds that have been swept into program banks. For more information, read Bank Deposit Program.

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.

Buying Power

Funds Applied to Open Buy Order ­- 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.

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.

The information and content provided in the Scottrade® Knowledge Center is for informational and/or educational purposes only. The information presented or discussed is not, and should not be considered, a recommendation or an offer of, or solicitation of an offer by, Scottrade or its affiliates to buy, sell or hold any security or other financial product or an endorsement or affirmation of any specific investment strategy. You are fully responsible for your investment decisions. Your choice to engage in a particular investment or investment strategy should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives. Scottrade, Inc. and its affiliates are not offering or providing, and will not offer or provide, any advice, opinion or recommendation of the suitability, value or profitability of any particular investment or investment strategy.