Calculate your margin savings on Clear Street

Our institutional infrastructure helps lower your borrowing costs so more of your capital stays with you.

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Compare Your Current Margin Rates to Clear Street

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Potential savings over 3 years

$135,000 That’s $45,000 a year you could put toward your next move.
Your broker · 11% Clear Street · 6.5%

Cumulative interest cost

Estimates assume a constant margin debit and unchanged annual rates for the selected period. Simple interest = amount borrowed × annual rate × years (or months ÷ 12). Interest is assumed paid separately, with no compounding. Amount borrowed means your margin loan, not your portfolio value. Actual costs depend on daily balances, day-count conventions, fees and rate changes. The 6.5% comparison rate is a supplied assumption, not a live quote or a guarantee for the full period.

"Clear Street gives my hedge fund access to some of the most competitive margin rates in the industry."

Lance Bernstein

Professional trader

Clear Street vs. Others

See how Clear Street’s 6.5% annual margin rate compares to others.

Broker Annual margin rate
Clear Street Comparison rate* 6.5%
E*TRADE Debit balance under $10,000 12.45%
Charles Schwab Debit balance under $25,000 11.825%
Fidelity Debit balance under $25,000 11.825%

Competitor rates supplied for this comparison, dated September 10, 2026. Shows the highest published standard USD margin tier for each selected broker; lower rates may apply at higher balances or through negotiated pricing. These tiers do not represent competitor pricing for the calculator’s default $1 million margin loan. Rates are variable and subject to change. Broker names link to rate schedules.

*Clear Street’s 6.5% rate was supplied for this comparison. Applicable balance tiers and eligibility terms have not been independently verified.

Transparent pricing built for active traders

Volume-based equity pricing, straightforward options fees and competitive rates on margin and cash.

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See pricing
Stocks & ETFs
Monthly shares traded
Rate per share
First 300,000
$0.0030
300,001 – 1,000,000
$0.0020
Above 1,000,000
$0.0010
Options
Item
Rate
Commissions, per contract
$0.30
Margin & Financing
Account equity
Rate you pay
Under $50,000
6.50%
$50,000 and above
5.33% (BM + 1.45%)
6BM = 3.88%
Interest on idle cash
Account value
Cash yield you earn
Under $50,000
0.00%
$50,000 – $1,000,000
3.43% (BM - 0.45%)
Over $1,000,000
3.68% (BM - 0.20%)
BM = 3.88%

Frequently asked questions

How much could I save by switching to Clear Street?

At 6.5% versus 11%, a constant $1 million margin loan would cost approximately $55,000 less per year, assuming unchanged rates and excluding compounding and other fees.

What margin rate does Clear Street charge?

Clear Street offers a 6.5% annual margin rate, subject to eligibility and current terms. Rates may change.

Does my margin rate depend on how much I borrow?

Contact Clear Street to confirm the rate applicable to your borrowing amount and whether any balance requirements apply.

How is margin interest calculated and charged?

Interest depends on how much you borrow, your applicable annual rate, and how long the loan remains outstanding. Your margin agreement specifies the calculation method and billing schedule.

Still have questions?

Search the developer docs and support articles for a direct answer.

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