Buying power is the money available within a brokerage account for the purchase of securities. Your Active Invest account buying power will determine how many shares of an IPO or units of a SPAC IPO that you may purchase. The components of buying power include settled cash, cash from recent transactions that have not yet settled, incoming wires and any instant funding from pending ACH deposits.
Mobile App
On the SoFi mobile app, buying power is displayed near the Performance summary section and also on the order entry page.
Website
On SoFi.com, buying power is displayed near the Performance summary section and also on the order entry page.