: Charles Schwab completed its acquisition of TD Ameritrade, moving all former Scottrade and TD clients to the Schwab platform . TD Ameritrade, Inc. is now at Schwab
Buying power is the total amount of money available to you to purchase securities. It is not just your cash on hand; it is the sum of your cash plus any available margin—the money you can borrow from your broker to trade. The Scottrade Legacy scottrade buying power
Understanding Buying Power: From Scottrade to Charles Schwab : Charles Schwab completed its acquisition of TD
During its peak, Scottrade was famous for its low-cost trades and straightforward buying power calculations. It is not just your cash on hand;
Since was acquired by TD Ameritrade in 2017 and subsequently merged into Charles Schwab in 2023, "Scottrade buying power" is now managed through the Schwab platform.