In observance of Martin Luther King, Jr. Day the securities exchanges and Firstrade are closed on Monday, January 20, 2020. Thank you for your business.

Margin Rates

Firstrade's margin rates are among the lowest available in the industry, as low as 5.00%.

Margin Balance Margin Rate Effective Rate
$1,000,000 + BASE - 2.25% 5.00%
$500,000 ~ $999,999 BASE - 1.65% 5.60%
$250,000 ~ $499,999 BASE + 0.25% 7.50%
$100,000 ~ $249,999 BASE + 0.50% 7.75%
$50,000 ~ $99,999 BASE + 1.00% 8.25%
$25,000 ~ $49,999 BASE + 1.50% 8.75%
$10,000 ~ $24,999 BASE + 1.75% 9.00%
$0 ~ $9,999 BASE + 2.00% 9.25%

As of September 20, 2019, the current base rate is 7.25%. Subject to change without prior notice.

Disclosure Statement for margin borrowers

Credit Interest

Cash Balance Rate
$0 - $24,999 0.01%
$25,000 - $99,999 0.02%
$100,000 - $499,999 0.05%
$500,000 - $999,999 0.10%
$1,000,000 + 0.25%

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 11/16/2019.

FDIC Insured Deposit Rates

Cash Balance Rate
$0 - $24,999 0.01%
$25,000 - $99,999 0.02%
$100,000 - $499,999 0.05%
$500,000 - $999,999 0.10%
$1,000,000 + 0.25%

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 11/18/2019. Please review FDIC Sweep Program Terms & Conditions