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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.
See the margin section of our website and our Margin FAQs for details about eligible accounts, interest rates, and risks associated with margin borrowing.
If you have clients who would benefit from margin, you can begin to enable their account for margin by clicking Enable Margin on the client Settings page and following the instructions that appear.
We also updated the cash interest rate formula in our Customer Agreement, effective September 30, 2019, as well as our margin terms.