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Low Cost & Lowest Margin Fees

Rated Lowest Margin Fees1 by StockBrokers.com


Margin rates as low as 0.75% Learn More

Rated Lowest Margin Fees1 by StockBrokers.com


Margin rates as low as 0.75% Learn More

US Margin Loan Rates Comparison2

$25K $300K $1.5M $3.5M
Interactive Brokers3 1.59% 1.25% 1.01% 0.86%
E-Trade 8.45% 6.95% 5.45% 5.45%
Fidelity 7.82% 6.57% 4.00% 4.00%
Schwab 7.82% 6.57% N/A N/A
TD Ameritrade 9.00% 7.50% 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 sophisticated investors with high risk tolerance.
You may lose more than your initial investment.

Notes:

  1. According to StockBrokers.com Online Broker Survey 2020: Read the full article Online Broker Reviews, February 12, 2020. "Interactive Brokers leads the industry with the lowest margin rates".
  2. Annual Percentage Rate (APR) on USD margin loan balances for IBKR Pro as of 9/2/2020. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information on margin loan rates, see ibkr.com/interest.
  3. IB calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information, see ibkr.com/interest.
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 2020: Read the full article Online Broker Reviews, February 12, 2020. "Interactive Brokers leads the industry with the lowest margin rates".
  3. Rates were obtained on September 2, 2020 from each firm's website, and are subject to change without notice. Services vary by firm.