Compare Online Brokers

Minimize Your Trading Costs

Rated Lowest Margin Fees1 by StockBrokers.com

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.

View Margin Rate Details
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 December 5, 2023. 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.