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Choose lowest/best brokerage firm margin interest rates in 2010
Brokerage firm margin rates are at historic lows right now. But while some companies offer their customers an opportunity
to take advantage of these low interest deals, others don't. Below we are listing margin rates for major US brokerage firms.
As you can see, tradeMONSTER and
LightSpeed Trading
clearly offer the best margin rates of all discount stock brokers.
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Stocks: $7
Options: $7 plus
$1.25 per contract
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7.75%
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Scottrade
Review
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Stocks: $4.95
Options: $4.95 plus
$0.65 per contract
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4.50% - 6.50%
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TradeKing
Review
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Stocks: $2.95
Options: up to five contracts for $5,
each additional contract $1
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2.45% - 4.45%
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Optionshouse
Review
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Stocks: $0 ($4.50)
Options: $4.50 plus
$0.50 per contract
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$0-$9,999: 7.75%
$10,000-$24,999: 7.50%
$25,000-$49,999: 7.25%
$50,000-$99,999: 6.75%
$100,000-$249,999: 6.25%
$250,000-$499,999: 4.50%
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Zecco
Review
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Stocks: $7.50
Options: $0.50 per contract
minimum $12.50
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$0 - $49,999: 3.50%
$50,000 - $249,999: 2.75%
$250,000 - $999,999: 2%
over $1,000,000: 1.25%
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tradeMONSTER
Review
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Stocks: $9.95
(over 8 trades)
$14.95 (0-8 trades)
Options: $14.95
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4.00% - 6.25%
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optionsXpress
Review
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Stocks: $5
Options: $0.99 per contact
$8.95 minimum
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Click here
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ChoiceTrade
Review
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Stocks: $.00395 per share
Options: $0.50 per contract
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3.25%
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Lightspeed
Review
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Stocks: $.015 per share
($5 minimum)
OR $9.95 per trade
Options: lesser of $2.95
per contract
OR $1.50 per contract
plus $9.95
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7.57% - 7.70%
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Thinkorswim
Review
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Stocks: $4.95
Options: $0.95 per contract
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7.45%
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MB Trading
Review
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Stocks: $1-$4 automatic
$9.99 real-time
Options: $20-$30
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Less than $10,000: 6.50%
$10,000 - $50,000: 6.50%
$50,001 - $250,000: 5.00%
$250,001 and over: 3.95%
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ShareBuilder
Review
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Stocks: $7.99 - $12.99
Options: $7.99 - $12.99
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3.74% - 7.99%
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ETrade
Review
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Stocks: $8 to $19.95
Options: $8 to $19.95
plus $1.50 per contract
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3.75% - 8.575%
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Fidelity
Review
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