What are the margin rates at Interactive Brokers?

Margin traders will benefit from the low rates at Interactive Brokers. For IBKR Pro customers, the maximum margin rate is 3.83%, and NerdWallet users get an extra 0.25 percentage point discount. For IBKR Lite, it's 4.83%. Those rates apply on balances between $0 and $100,000; the rates drop at higher balances.

What is IBKR margin rate?

The margin rates of Interactive Brokers (IBKR) are one of the lowest in the industry. Margin rates are charged when you trade on margin, meaning that you borrow money from your broker to trade, for which you have to pay interest. They can vary based on the amount and the currency of the borrowed money. What is the IBKR margin rate?

What are the best margin rates brokers have to offer?

If you are looking for the best margin rates brokers have to offer, Moomoo, Interactive Brokers, Robinhood, M1 Finance, and Zacks Trade are the first places you should look. Ranging from 6.08% at IBKR to 7.33% at Zacks Trade, these brokers provide margin interest rates that won’t break the bank.

Is Interactive Brokers a good investment platform?

Their flagship IB Trader workstation is one of the most comprehensive platforms out there for researching, tracking and making investments. Interactive Brokers’ commissions and fees are highly competitive, including the lowest margin trading rates in our survey of the online broker space.