Scottrade Online Stock Trading
  • Switch to Scottrade
  • Open an Online Trading Account
  • Log In
  • Contact Scottrade

Interest Rates

Commissions, Rates, Fees, and Free Services

Print This Page

Margin Interest Rates

LOAN BALANCE INTEREST RATE
$0.01 - $9,999.99 base rate(8.00%) less 0.25% = 7.75%
$10,000.00 - $24,999.99 base rate(8.00%) less 0.50% = 7.50%
$25,000.00 - $49,999.99 base rate(8.00%) less 0.75% = 7.25%
$50,000.00 - $99,999.99 base rate(8.00%) less 1.25% = 6.75%
$100,000.00 - $249,999.99 base rate(8.00%) less 1.50% = 6.50%
$250,000.00 - $499,999.99 base rate(8.00%) less 1.75% = 6.25%
$500,000.00 - $999,999.99 base rate(8.00%) less 2.25% = 5.75%
$1,000,000.00 and above base rate(8.00%) less 2.75% = 5.25%

Our base rate will be set in reference to commercially recognized interest rates, industry conditions relating to the extension of margin credit, and general market conditions. Base rate as of November 1, 2008 is 8.00%.

Credit Interest Rates

FREE CREDIT BALANCE INTEREST RATE          APY
$0.01 - 4,999.99 0.05%          0.05%
$5,000.00 - 9,999.99 0.10%          0.10%
$10,000.00 - 24,999.99 0.15%          0.15%
$25,000.00 - 99,999.99 0.20%          0.20%
$100,000.00 - 249,999.99 0.35%          0.35%
$250,000.00 - 499,999.99 0.50%          0.50%
$500,000.00 - 999,999.99 0.75%          0.75%
$1,000,000.00 and Greater 1.00%          1.00%

All commissions, fees and rates are subject to change without notice. Rates Effective 11/01/2008

Subscribe to our RSS Feeds

Brokerage Products and Services offered by Scottrade, Inc. – Member FINRA and SIPC.

Online market and limit stock trades are just $7 for stocks priced $1 and above.

Any specific securities, or types of securities, used as examples are for demonstration purposes only. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security.

Investors should consider the investment objectives, risks, charges and expenses of a mutual fund carefully before investing. A mutual fund's prospectus contains this and other information about the mutual fund. Prospectuses are available through our trading site or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.

Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for long-term investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, or it is available at one of our branch offices. It contains information on our lending policies, interest charges, and the risks associated with margin accounts.

Options are not appropriate for all investors. Detailed information on our policies and the risks associated with options can be found in Scottrade's Options Application and Agreement, Brokerage Account Agreement, and Characteristics and Risks of Standardized Options (also available at one of our branch offices). All option accounts require prior approval by Scottrade.

Investors should consider the investment objectives, risks, charges, and expenses of mutual fund carefully before investing. A prospectus contains this and other information about the fund and is available through www.scottrade.com or through a Scottrade branch office. The prospectus should be read carefully before investing. No transaction fee (NTF) funds are subject to the terms and conditions of the NTF funds program. Scottrade is compensated by the funds participating in the NTF program through recordkeeping, shareholder, or SEC 12b-1 fees.

Market volatility, volume, and system availability may impact account access and trade execution.

Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.