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

As of March 31, 2020, the current base rate is 6.75%. 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 0.01%
$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