MARGINRATES.COM Brought to you by Trading Direct.
Low margin loan rates for your online brokerage account.
Effective December 19th 2024, the broker call rate (also known as the call money rate) is 6.25%. What rate of margin interest are you paying your broker?
Trading Direct, a division of York Securities, Inc., has made provided clients with extremely low margin rates since inception of the company in 1997. Unlike other brokers who may base their margin rates upon an arbitrary base figure, Trading Direct's rates have always been based on the official broker call rate, as published in financial newspapers. See table for the rate of interest you would pay on your debit balance. Visit tradingdirect.com for more information.
Trading Direct, a division of York Securities, Inc., has made provided clients with extremely low margin rates since inception of the company in 1997. Unlike other brokers who may base their margin rates upon an arbitrary base figure, Trading Direct's rates have always been based on the official broker call rate, as published in financial newspapers. See table for the rate of interest you would pay on your debit balance. Visit tradingdirect.com for more information.
MARGIN INTEREST RATE TABLE
Debit Balance Tier | Margin Interest Rate |
$0 - $49,999.99 | 9.00% (Broker Call +2.75%) |
$50,000 - $99,999.99 | 8.25% (Broker Call +2.00%) |
$100,000 - $249,999.99 | 7.50% (Broker Call +1.25%) |
$250,000 - $499,999.99 | 6.625% (Broker Call +0.375%) |
$500,000 - $999,999.99 | 6.00% (Broker Call -0.25%) |
$1,000,000 and above | 5.75% (Broker Call -0.50%) |
As of 12/19/24, the official published broker call rate is 6.25%.
Why pay more? View the comparison against other online brokers.
Company Information: Trading Direct is an online discount broker, based in New York City, that commenced operations in 1997. Trading Direct's parent company is York Securities, a discount brokerage firm who commenced operations in 1979. All accounts at Trading Direct will be carried by the clearing agent, Axos Clearing, LLC. Disclosure: Use of leverage entails risk, and may not be appropriate for all investors. Not all securities are marginable. Trading Direct does not provide investment advice. All orders are unsolicited.
Links to tradingdirect.com: • Home Page• Margin Agreement & Disclosure Statement• Contact Trading Direct