Zacks Trade 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 request margin privileges at any time. Contact our Support team with questions about margin privileges.
Margin rates starting at 8.83%1
If you trade on margin, using Zacks Trade can potentially save you money each year. Lower margin rates leave you with even more cash to trade, giving you options not only for trading margin, but also options, stocks, bonds, ETFs, and more.
| Zacks Trade margin rates (USD) | Tier 1 | Tier 2 | Tier 3 | Tier 4 |
|---|---|---|---|---|
| Balance | up to $100k | up to $1M | up to $50M | > $50M |
| Rate charged1 | 8.83% | 8.33% | 8.08% | 7.83% |
Our Pricing Guide is currently being updated. Please contact us for more information.
Portfolio Margin
Zacks Trade also offers portfolio margin accounts to qualified customers. Please contact our support team for further information. View our Portfolio Margin Disclosure before considering a portfolio margin account.
It’s time to trade your way
Make the switch to Zacks Trade to make trading on margin more convenient.
1 Zacks Trade's margin rate starts at 8.83% compared to Charles Schwab (rate starting at 12.575%), E*Trade (rate starting at 13.20%), Fidelity (rate starting at 12.575%) and Vanguard (rate starting at 12.75%). Zacks Trade commissions for stocks start at $0.01 per share with a $1.00 minimum. Competitor margin rates obtained from published websites as of 12/23/2024 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. Comparisons do not include competitor discounts or promotions.
2 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. Zacks Trade 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.