Non Margin - Buying Power

Cash Account Balances and Descriptions - Fidelity Investments

: Using this balance can still create a margin loan. If you spend beyond your available cash by leveraging existing holdings, you will be charged margin interest on the borrowed amount. non margin buying power

: In a margin account, you can leverage the value of marginable securities you already own to buy non-marginable ones. For instance, if you own $100 of a 50% marginable stock, you may have an additional $50 in non-margin buying power to use for other trades. Key Characteristics non margin buying power

: Your settled and available cash balance, net of any pending orders. non margin buying power

While it sounds like a simple "cash balance," it is actually a dynamic calculation based on two main factors: