facebookWhich broker offers the lowest interest rate for margin holdings? - Seedly

Advertisement

Anonymous

16 Sep 2020

General Investing

Which broker offers the lowest interest rate for margin holdings?

Discussion (1)

What are your thoughts?

Learn how to style your text

Nicholas Beh

16 Sep 2020

Student Ambassador 2020/21 at Seedly

I believe Interactive Brokers has one of the lowest margin rates in the industry. A quick look at their pricing shows a interest rate of 1.59% or below for USD.

If you are a priority banking client with some of the local banks, they often offer similarly low interest rates but do not publicly publish their rates.​​​

Write your thoughts

Advertisement