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Pricing > US Margin Loan Rates > Compare Rates of Major Firms  

How to save money and reduce trading costs: Switch to Place Trade and enjoy some of the lowest margin rates of any major broker!




How much can I save on margin loan rates?

Do I make too much money to contribute to an IRA or Roth?

With margin rates as low as 0.75% you could save thousands by switching from your current broker!


Place Trade 2.09% 1.75% 1.01% 0.86%
E-Trade 8.45% 6.95% 5.45% 5.45%
Fidelity 7.82% 6.57% 4.00% 4.00%
Schwab 7.82% 6.57% N/A N/A
TD Ameritrade 9.00% 7.50% N/A N/A

Important Notes:

  • The information above reflects the standard online margin loan rates which were obtained from each of the above-listed firms' websites. Services, rates and offers vary by firm, all of which are subject to change without notice. 
  • Trading on margin and borrowing money via margin loans involves risks and is only for experienced investors with a high-risk tolerance. (These risks are in addition to the risk of loss involved with online trading of stocks, options, futures, currencies, foreign equities and fixed income which can be substantial on their own.) You should be certain that you clearly understand all of the risks involved with trading on margin prior to requesting margin permissions for your account as you may lose more than your initial investment.
  • Place Trade helps to reduce investment risk with real-time margin. It is very important that you monitor your account and remain in compliance with margin requirements at all times. Accounts which fall below minimum margin requirements are subject to automatic liquidation of securities in order to return to required levels.  
  • Annual Percentage Rate (APR) on USD margin loan balances for Place Trade as of 1/4/2021. The interest charged on margin loans is calculated using a blended rate (of the applicable rates for each interest rate tier covering the amount of your margin balance).
  • Please visit our margin interest rate pages for more information on margin loan rates, risks and other helpful tips.


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1-800-50-PLACE (1-800-507-5223) or 1-919-719-7200 


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All investing involves risk, including the possible loss of principal and there can be no assurance that any investment strategy will be successful.