If you are an institution, click below to learn more about our offerings for RIAs, Hedge Funds, Compliance Officers and more.

Compare Online Brokers

Minimize Your Trading Costs

Rated Lowest Margin Fees1 by StockBrokers.com


Margin rates as low as 1.33% Learn More

US Margin Loan Rates Comparison2

USD 25K USD 300K USD 1.5M USD 3.5M
Interactive Brokers 2.33% 1.99% 1.78% 1.66%
E-Trade 9.20% 7.70% N/A N/A
Fidelity 8.57% 7.32% 4.75% 4.75%
Schwab 8.57% 7.32% N/A N/A
TD Ameritrade 9.75% 8.25% N/A N/A

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.

Margin borrowing is only for sophisticated investors with high risk tolerance.
You may lose more than your initial investment.

Notes:

  1. According to StockBrokers.com Online Broker Survey 2022: Read the full article Online Broker Reviews, January 11, 2022. "Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers."
  2. Annual Percentage Rate (APR) on USD margin loan balances as of 5/10/22. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. For additional information on margin loan rates click here.

Pursuant to the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019, 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. You should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.