Stock Buying Power Thinkorswim [BEST]

Walk through the rules in more detail.

Typically equal to your settled cash minus any requirements for open positions. Options generally require 100% of the purchase price upfront. 🔍 How It Is Calculated

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Stock buying power on (TOS) is the total amount of capital available to purchase shares, including any leverage provided by your broker. It is separate from Option Buying Power because options cannot be bought on margin in the same way stocks can. 📊 Key Buying Power Metrics

Not all stocks are treated equally. Volatile "meme" or penny stocks often have 100% margin requirements , meaning you cannot use leverage to buy them. Walk through the rules in more detail

Leverage amplifies both gains and losses. Using your full buying power significantly increases the risk of a margin call if the trade moves against you.

Active but unfilled orders (e.g., a limit order set far from the current price) reduce your available buying power until they are canceled. If you'd like, I can help you: 🔍 How It Is Calculated Let me know

Explain how to in the TOS order confirmation window.