The margin rate you pay generally depends on your outstanding margin balance – the higher your balance, the lower your margin rate you are charged. To further reduce your margin rate, we utilize aggregate pricing that can help reduce rates across a relationship of accounts.

Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin. Margin credit is extended by Pershing LLC, Member NYSE, SIPC.