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Compare Online Brokers

Minimize Your Trading Costs

Rated Lowest Margin Fees1 by StockBrokers.com

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
Calculate Your Rate

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 2021: Read the full article Online Broker Reviews, January 18, 2021. "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 1/4/21. 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.co.uk/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.co.uk/interest.