Low Cost & Lowest Margin Fees

Rated Lowest Margin Fees1 by StockBrokers.com


Margin rates as low as USD 5.83% Learn More

Rated Lowest Margin Fees1 by StockBrokers.com


Margin rates as low as USD 5.83% Learn More

US Margin Loan Rates Comparison2

$ 25K $ 300K $ 1.5M $ 3.5M
Interactive Brokers 6.83% 6.50% 6.28% 6.17%
E-Trade 13.70% 12.20% N/A N/A
Fidelity 13.08% 11.83% 9.25% 9.25%
Schwab 13.08% 11.83% N/A N/A
Vanguard 13.25% 11.75% N/A N/A

Each firm's information reflects the standard online margin loan rates obtained from their respective websites. Competitor rates and offers subject to change without notice. Services vary by firm.

Margin borrowing is only for experienced investors with high risk tolerance.
You may lose more than your initial investment.

Notes:

  1. According to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers."
  2. Annual Percentage Rate (APR) on USD margin loan balances for IBKR Pro as of March 5, 2024. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. Learn more about margin loan rates.
Disclosures
  1. Low Cost Rated by Barron's 18 Years Straight - Low cost broker 2002 through 2019 according to Barron's online broker review. 2002 - 5 Stars, 2003 - 4.9 Stars, 2004 - 5 Stars, 2005 - 5 Stars, 2006 - 5 Stars, 2007 - 4.8 Stars, 2008 - 4.5 Stars, 2009 - 4.5 Stars, 2010 - 4.2 stars, 2011 - 4.5 stars, 2012 - 4.3 stars, 2013 - 4.5 stars, 2014 - 4.5 stars, 2015 - 4.5 stars, 2016 - 4.5 stars, 2017 - 4.5 stars, 2018 - 4.5 stars, 2019 - "Interactive Brokers continues to lead as well in terms of pricing". Interactive Brokers earned a 4.5 star ranking in the February 25, 2019 Barron's Annual Best Online Brokers - “Best Online Brokers of 2019”. Criteria included Trade Experience and Technology, Usability, Mobile, Range of Offerings, Research Amenities, Portfolio Analysis & Reports, Customer Service, Education and Security, and Costs. Barron's is a registered trademark of Dow Jones & Co. Inc.
  2. According to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers."
  3. Rates were obtained on March 5, 2024 from each firm's website, and are subject to change without notice. Services vary by firm.