Like any credit loan, Interest is charged on the amount utilized or borrowed over the period of time it is used.
Here is a view of our flexible interest rates:
Note: Interest is charged on a daily basis using an annual interest rate referenced upon the size of credit used. The larger the loan used, the lower the i-rates.
To see your daily charge on margin interest, simply navigate to your Portfolio page then click on the View Monthly Account Ledger (current) link and look at the Accrued Margin Interest figure.
Note: Discounts due to our flexible margin rates will be rebated back at the end of the month.