Margin Rates

Firstrade's margin rates are among the lowest available in the industry, as low as 4.50%.

Margin Balance Margin Rate Effective Rate
$1,000,000 + BASE RATE - 2.25% 4.50%
$500,000 ~ $999,999 BASE RATE - 1.65% 5.10%
$250,000 ~ $499,999 BASE RATE + 0.25% 7.00%
$100,000 ~ $249,999 BASE RATE + 0.50% 7.25%
$50,000 ~ $99,999 BASE RATE + 1.00% 7.75%
$25,000 ~ $49,999 BASE RATE + 1.50% 8.25%
$10,000 ~ $24,999 BASE RATE + 1.75% 8.50%
$0 ~ $9,999 BASE RATE + 2.00% 8.75%

As of March 31, 2020, the current base rate is 6.75%. Subject to change without prior notice.

When setting base rates, Firstrade considers indicators like commercially recognized interest rates, industry conditions related to credit, the availability of liquidity in the marketplace, and general market conditions.

Credit Interest

Cash Balance Rate
$0 - $24,999 0.01%
$25,000 - $99,999 0.01%
$100,000 - $499,999 0.01%
$500,000 - $999,999 0.01%
$1,000,000 + 0.01%

We reserve the right to amend our credit interest policy from time to time in response to changes in prevailing interest rates and other factors. Credit interest rates effective 03/31/2020.

FDIC Insured Deposit Rates

Cash Balance Rate
$0 - $24,999 0.01%
$25,000 - $99,999 0.01%
$100,000 - $499,999 0.01%
$500,000 - $999,999 0.01%
$1,000,000 + 0.01%

FDIC Insured Deposit Rates will be based on numerous factors, including the current interest rate environment, and is subject to change without notice. FDIC insured deposit rates effective 04/03/2020. Please review FDIC Sweep Program Terms & Conditions