Margin Rates

Firstrade's margin rates are among the lowest available in the industry, as low as 8.25%

Dollar Range Above/Below Base Rate Effective Rate
$1,000,000 + - 2.25% 8.25%
$500,000 ~ $999,999 - 1.65% 8.85%
$250,000 ~ $499,999 + 0.25% 10.75%
$100,000 ~ $249,999 + 0.50% 11.00%
$50,000 ~ $99,999 + 1.00% 11.50%
$25,000 ~ $49,999 + 1.50% 12.00%
$0 ~ $24,999 + 1.75% 12.25%

As of November 04, 2022, the current base rate is 10.50%. 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 0.30%
$25,000 - $99,999 0.30%
$100,000 - $499,999 0.30%
$500,000 - $999,999 0.30%
$1,000,000 + 0.30%

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 10/16/2022.

FDIC Insured Deposit Rates

Cash Balance Rate
$0 - $24,999 0.30%
$25,000 - $99,999 0.30%
$100,000 - $499,999 0.30%
$500,000 - $999,999 0.30%
$1,000,000 + 0.30%

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 10/21/2022. Please review FDIC Sweep Program Terms & Conditions