Scottrade Buying Power -

During its peak, Scottrade was famous for its low-cost trades and straightforward buying power calculations.

: Scottrade typically offered 2:1 buying power for overnight stock positions and 4:1 buying power for day trades, following standard federal regulations. What Happened to Your Scottrade Account? Your account has likely gone through two major migrations: scottrade buying power

If you’ve been in the market for a while, you probably remember as the go-to discount broker for active traders. While the name has disappeared through a series of major industry mergers, the concept of buying power remains the most critical metric for any investor. What is Buying Power? During its peak, Scottrade was famous for its

: Your buying power was simply your settled cash. During its peak

: Scottrade was acquired by TD Ameritrade for $4 billion.