Comparing Margin Interest Rates of 3 US Brokers (2024)

Margin interest rates are typically calculated on a sliding scale, where larger margin loan balances qualify for lower rates. Rates are computed as a percentage above the federal funds rate.

Data via the margin interest rate schedules available via each firm Aug. 29, 2024. Charles Schwab's rates for above $500k are available via a consultation with its brokers. Morgan Stanley has a further breakdown for margin loans above $5 million.
Table: Investopedia/Peter Gratton
Investopedia