Margin Loan Rates Comparison

Compare Online Brokers

Minimize Your Trading Costs

IBKR Clients Have Access to the Lowest Margin Rates1

Rated Lowest Margin Rates1 by StockBrokers.com

AUD Margin Loan Rates Comparison2

AUD 50K AUD 100K AUD 250K AUD 500K
Interactive Brokers (No Surchage)3,4 6.12% 6.12% 5.92% 5.77%
Interactive Brokers (Surchage)3,5 7.12% 7.12% 6.92% 6.77%
Westpac Online 8.35% 8.35% 8.35% 8.35%
NABTrade 9.00% 9.00% 8.75% 8.65%
St.George Bank 10.33% 10.33% 10.08% 9.83%
Saxo Capital Markets 10.35% 10.35% 10.35% 10.35%
Bell Direct 9.90% 9.90% 9.90% 9.90%
Webull 9.60% 9.60% 9.60% 9.60%

Each firm's information reflects the standard online margin loan rates obtained from their respective websites. Competitor rates and offers subject to change without notice. Services vary by firm.

Other currency margin loans available at comparably low rates.

View Margin Rate Details

Notes:

  1. According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, May 6, 2024. "Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers."
  2. Annual Percentage Rate (APR) on AUD margin loan balances as of July 3, 2024. IBKR calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. Rates subject to change. For additional information on margin loan rates, visit our website.
  3. IBKR calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information, visit our website. Under some commission plans, overnight carrying fees may apply.
  4. The standard rate applies for non-retail (wholesale or professional investor) clients of IBKR Australia, excluding non-retail natural person clients of IBKR Australia (wholesale or professional investor) with a Standard Margin Lending Facility.
  5. For all retail clients of IBKR Australia and non-retail (wholesale or professional investor) natural person clients of IBKR Australia with a Standard Margin Lending Facility), an additional spread ("IBAU Surcharge") will be added to the standard rates in all tiers. The IBAU Surcharge is currently 1% for borrows in AUD and 2% on all other borrowings. Visit our Knowledge Base for more information.

Pursuant to Part 7.8A of the Corporations Act 2001, Interactive Brokers Australia Pty. Ltd. has prepared the following target market determinations relating to certain financial products for which it is deemed to be the issuer. Our Target Market Determinations are located here: Target Market Determinations.

Product Disclosure Statements are also available for each of these products. If applicable, you should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.