Margin Rates Starting at 3.66%

If you like to trade on margin, Zacks Trade can potentially save you hundreds or thousands of dollars a year. That means you’ll have more money to invest, and the more you use Zacks Trade, the more you’ll save over time.

ZacksTrade offers margin privileges to most accounts and limited margin trading privileges in IRAs. Securities in the account are subject to various maintenance requirements. Margin involves risks and is not suitable for all investors. New clients can sign up for margin privileges during the application process. Existing clients can add margin privileges in Account Management at any time.

Zacks Trade Margin Rates (USD) Tier 1 Tier 2 Tier 3 Tier 4
Balance up to $100k up to $1M up to $3M > $3M
Rate charged1 3.66% 3.16% 2.66% 2.41%

Zacks Trade margin rates are often less than half those of other firms2

Other brokers may charge you significantly higher rates, depending on your margin loan balance, than Zacks Trade2. That means using Zacks Trade can potentially save you hundreds or thousands of dollars a year if you maintain a margin balance – the more you use us, the more you’ll save over time. Use our Margin Rate calculator to get an idea of just how significant those savings can be versus Charles Schwab, E*trade, Fidelity, TD Ameritrade and others.2 Just enter the margin debit value of your account (numbers only) to determine your margin rate and cost.

Enter Margin Debit Balance:

Margin rate:  %

Margin cost: 

For more information on our interest pricing, and margin rates denominated in other currencies, please see our pricing guide.

Now add those savings to what we save you on stock trades

Of course, low margin rates isn’t the only way you’ll keep more of your money with Zacks Trade. Our commissions on stock and option trades are also among the lowest in the industry. Visit our Compare Us page to learn more and calculate your total savings.

Calculate Your Savings

Portfolio Margin

Zacks Trade also offers portfolio margin accounts. Clients are able, in certain cases, to increase their leverage beyond Reg T margin requirements, under SEC-approved portfolio margin rules and using our real-time margin system. With Portfolio Margin, margin requirements are determined using a “risk-based” pricing model that calculates the largest potential loss of all positions in a product class or group across a range of underlying prices and volatilities. Portfolio Margin compliance is updated by Zacks Trade throughout the day, based on the real-time price of the equity positions in the Portfolio Margin account. An account must have at least 110,000 USD (or USD equivalent) in Net Liquidation Value to be eligible for a Portfolio Margin account. Portfolio Margin involves risks such as increased leverage, a shorter time limit for meeting a margin deficiency, uncertainty of future market deficiencies along with the normal risks of associated with margin account. Please click here for our Portfolio Margin Disclosure.

1. The tiers which interest is based upon may change from time to time without prior notification to customers. Such adjustments are done periodically to adjust for changes in currency rates. ZacksTrade uses a blended rate based on the tiers above. For example, for a margin balance over 1,000,000 USD, the first 100,000 is charged at the Tier I rate, the next 900,000 at the Tier II rate, etc.

2. Zacks Trade's margin rate starts at 3.66% compared to Charles Schwab (rate starting at 8.58%), E*Trade (rate starting at 9.75%), Fidelity (rate starting at 8.58%), and TD Ameritrade (rate starting at 9.25%). Competitor data obtained as of 6/30/17 are believed to be accurate but not guaranteed. Some of the brokers may reduce margin interest rates depending on account activity or margin debit balances. Actual margin interest charges are based on annual percentage assuming that the margin debit balance is constant and has not fluctuated. Please contact each broker to confirm their margin interest rate schedule.

3. Zacks Trade commissions for stocks start at $0.01 per share with a $3.00 minimum and start lower compared to Charles Schwab ($4.95 per trade), E*TRADE ($6.95 per trade), Fidelity ($4.95 per trade), TD Ameritrade ($6.95 per trade) and Vanguard ($7 for first 25 trades, subsequent $20). Zacks Trade commissions for options start at $3.00 for your first contract plus $0.75 any additional contract and are lower compared to Charles Schwab ($4.95 base + $0.75 per contract), E*TRADE ($6.95 base + $0.75 per contract), Fidelity ($4.95 base + $0.65 per contract), TD Ameritrade ($6.95 base + $0.75 per contract) and Vanguard ($20 base + $1.00 per contract). Commissions and margin rates for competitor data obtained as of 6/30/17 are believed to be accurate but not guaranteed. Some of the brokers may reduce commissions depending on account activity or balances.