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
: Assets bought with this balance are considered non-marginable, meaning the broker requires you to put up 100% of the purchase price upfront. non margin buying power
While it sounds like a simple "cash balance," it is actually a dynamic calculation based on two main factors: represents the total capital available in a brokerage