Margin Rates

Firstrade's margin rates are among the lowest available in the industry, as low as 5.25%.

Margin Balance Margin Rate Effective Rate
$1,000,000 + BASE - 2.25% 5.25%
$500,000 ~ $999,999 BASE - 1.50% 6.00%
$250,000 ~ $499,999 BASE + 0.25% 7.75%
$100,000 ~ $249,999 BASE + 0.50% 8.00%
$50,000 ~ $99,999 BASE + 1.00% 8.50%
$25,000 ~ $49,999 BASE + 1.50% 9.00%
$10,000 ~ $24,999 BASE + 1.75% 9.25%
$0 ~ $9,999 BASE + 2.00% 9.50%

As of October 1, 2018, the current base rate is 7.50%. Subject to change without prior notice.

Disclosure Statement for margin borrowers

Credit Interest

Cash Balance Rate
$0 - $24,999 0.06%
$25,000 - $99,999 0.07%
$100,000 - $499,999 0.08%
$500,000 - $999,999 0.14%
$1,000,000 + 0.27%

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 10/01/2018.