US Margin Loan Rates Comparison

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Minimize Your Trading Costs

Rated Lowest Margin Fees1 by StockBrokers.com


Margin rates as low as USD 5.83% Learn More

US Margin Loan Rates Comparison2

USD 25K USD 300K USD 1.5M USD 3.5M
Interactive Brokers 6.83% 6.50% 6.28% 6.17%
E-Trade 13.70% 12.20% N/A N/A
Fidelity* 13.08% 11.83% 9.25% 9.25%
Schwab 13.08% 11.83% N/A N/A
Vanguard 13.25% 11.75% 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.

*Rates applicable only to Fidelity Brokerage Services LLC retail clients.

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

Notes:

  1. According to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "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 February 2, 2024. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. Learn more about margin loan rates.

Interactive Brokers Canada Inc. is a member of the Canadian Investment Regulatory Organization (CIRO) and Member - Canadian Investor Protection Fund. Know Your Advisor: View the CIRO AdvisorReport. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Interactive Brokers Canada Inc. is an order execution-only dealer and does not provide investment advice or recommendations regarding the purchase or sale of any securities or derivatives. Our registered office is located at 1800 McGill College Avenue, Suite 2106, Montreal, Quebec, H3A 3J6, Canada.


Know Your Advisor: View the CIRO AdvisorReport