Margin Calculator Step-by-Step Instruction

Reviewing Your Calculations

After clicking "Calculate" in either section of the tool, you can review how the changes impact your positions and balances below:

Before and After. Tab to or mouse over the amount column in the Balances section to see what your original balance was prior to calculating the changes.

Icons with alt text. You can tell if the margin requirement on a position has changed by the icon shown next to the margin requirement percentage. A green checkmark indicates a decrease in margin requirements while a red exclamation point indicates an increase in margin requirements. You can hover over the margin requirement to view the before and after requirements. It also explains how Fidelity calculates the margin requirement for each position in your account.

Workplace Positions. A position with a yellow background indicates a change resulting from the hypothetical trades you entered in your worksheet or can indicate an open order, if you had selected to include open orders in the calculations.

For illustrative purposes only

Margin credit is extended by National Financial Services, member NYSE/SIPC. The balances and margin requirements shown are updated to reflect today's trade executions and nontrade activity. The Hypothetical Transaction Tool and the Price Change Tool attempt to show the impact on your margin requirements and balances, based on transactions and/or security price movements that you enter into the tool. The balances calculated in these tools may be different than balances reflected elsewhere, which may impact the amount you can trade through any of Fidelity's online channels. It is necessary to review all trades for accuracy prior to entry on the trade screen.

Margin requirements displayed are specific to the account selected. Different margin requirements may be applicable to other accounts and positions you hold at Fidelity. In addition to the initial Federal requirement and house maintenance requirements for securities, Fidelity may impose higher margin maintenance requirements which consider certain factors, such as concentrated positions, security liquidity, ownership concentration and industry concentration. Fidelity reserves the right to change margin requirements without notice.

The quote data provided on the Margin Calculator is as-of the last trade in the marketplace.