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by reducesuffering 1516 days ago
Interactive Brokers have always had the best margin rates: https://www.interactivebrokers.com/en/trading/margin-rates.p...

Current max is 1.83% but the more you borrow it asymptotically approaches 1%. (subject to change, same as RH)

2 comments

IB has very conservative risk management wrt margin and there is no margin call. If the market moves against you, they will liquidate you rapidly. Something to keep in mind when considering your LTV. Their margin rates are good, but there’s a reason they’re good.
I made an account 5 months ago and i could not make margin work on IRB and customer was unressponsive. Acated into RH and got it instantly.

Brokers are as behind compared to robinhood as car manufacturers are with RH.

Its just not a great business.