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Now Available: Margin Borrowing
We are pleased to introduce margin borrowing, with support for fractional share investing, at margin interest rates at least 2% better than Charles Schwab's and TD Ameritrade's published rates as of September 17th, 2019, which are subject to change.
To enable margin borrowing, log into your account and follow the simple on-screen signup instructions after you click the Enable Margin link which is next to each margin-eligible account on the Settings page.
We also updated the cash interest rate formula in our Customer Agreement, effective September 30, 2019, as well as our margin terms.