: The total amount available to buy marginable assets (like standard blue-chip stocks), which usually includes up to 2:1 leverage.

Non-margin buying power is the maximum dollar amount available in your brokerage account to purchase , which are assets that require 100% of their purchase price to be funded upfront. Unlike standard "buying power," which often includes leverage to buy more than you have in cash, this balance identifies what you can spend on high-risk or volatile assets that cannot be used as collateral. Key Characteristics

: The specific amount of unencumbered cash you can spend without taking out any margin loan or incurring interest.

: This balance typically consists of your core cash plus any margin surplus from marginable securities you already own.

These assets are restricted because they are often illiquid or highly volatile: : Generally stocks trading under $5 per share.

: Specifically used for securities with a 100% margin requirement , meaning you cannot borrow against them.