Investing in financial products involves taking risk. Your investments may increase or decrease in value, and losses may exceed the value of your original investment.
Margin borrowing is only for sophisticated investors with high risk tolerance.
You may lose more than your initial investment.
Credit interest rate as of March 20, 2024. USD credit interest is paid at the stated rate on balances over USD 10,000 in securities accounts with NAV exceeding USD 100,000. Accounts with less than 100,000 NAV will receive USD credit interest at rates proportional to the size of the account. The rate paid in smaller accounts is proportionally reduced, so that if the total value of the account is $60,000 the interest rate paid is reduced by 40%. For more information, see Interest Rates.
Barron's estimated a customer's monthly costs at each of the 16 brokers in the 2018 "Best Online Broker" ranking. Interactive Brokers was the lowest cost for the Frequent and Occasional trader. For complete information, click here.