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