benchmark Posted March 14, 2023 Posted March 14, 2023 I'm curious what's the best margin rate out there from brokerage firms? IBKR has 5.3%, is that the best?
Red Lion Posted March 15, 2023 Posted March 15, 2023 Schwab just offered me today to match IB’s margin rate after I transferred my securities to IB. I declined and continued with the transfer, but I must say I didn’t realize margin was negotiable.
Munger_Disciple Posted March 15, 2023 Posted March 15, 2023 9 hours ago, benchmark said: I'm curious what's the best margin rate out there from brokerage firms? IBKR has 5.3%, is that the best? Only for very high $$$ margin amounts. Its higher for lower amounts: https://www.interactivebrokers.com/en/trading/margin-rates.php
Munger_Disciple Posted March 15, 2023 Posted March 15, 2023 1 hour ago, RedLion said: Schwab just offered me today to match IB’s margin rate after I transferred my securities to IB. I declined and continued with the transfer, but I must say I didn’t realize margin was negotiable. Yes Schwab margin has always been negotiable.
learner Posted March 21, 2023 Posted March 21, 2023 How much do you lever up your portfolios usually?
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