Scottrade Margin Rates
Margin trading is a facility provided by a securities company for its customers, which allows its customers/investors to buy shares several times, from the amount that should be earned by available funds. How come? Yes, the easy term we can buy more stocks because securities firms give us loan funds for us to transact shares.
Scottrade offers margin trading that has transparent prices, can trade with mobile devices, real-time bidding and you can consult with more than 1500 consultants.
Margin rate for balance load $ 0.01 – $ 9,999.99 has a margin rate of Base Rate + 1.25%; $ 10,000.00 – $ 24,999.99 margin rate Base Rate + 1.00%; $ 25,000.00 – $ 49,999.99 margin rate Base Rate + 0.75%; $ 50,000.00 – $ 99,999.99 margin rate Base Rate + 0.25% and so on.
To view the full margin rate, please visit Scottrade website www.scottrade.com.