Pay less for margin. Keep more capital.

Get margin rates from 6.5% or lower on Clear Street when you open an account today.1

Open an Account

Clear Street vs. Others

See how Clear Street’s annual margin rates for debit balances under $50,000 compares with published rates at other brokers.

Broker Annual margin rate
Clear Street Debit balance under $50,000* 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 are the highest published standard USD margin tier for each broker, from each broker's published rate schedule, as of October 12, 2026. Lower rates may apply at higher balances or through negotiated pricing. These tiers are not competitor pricing for a $1 million margin loan. Rates are variable and subject to change. Broker names link to rate schedules. E*TRADE, Charles Schwab, and Fidelity.

*Clear Street’s 6.5% rate applies to debit balances $50,000 and below. See the full rate schedule to learn more.

Margin pricing and tools

Lower margin rates can make a meaningful difference in your   borrowing costs. With Clear Street, that's just the beginning.

Monitor risk

Track margin usage, buying power, and portfolio exposure with our dashboard.

AI, meet margin

Ask Omni AI to explain your buying power and portfolio exposure in plain language.

Dedicated support

Connect with a dedicated account executive by phone, email or chat.

Grow your portfolio with Clear Street

Compare 12 months of interest on a $1,000,000 margin debit at Clear Street's 6.5% rate versus a hypothetical 11% rate.

This comparison is provided for illustrative purposes only and represents a mathematical calculation and not actual account performance.

Hypothetical Rate · 11% Clear Street · 6.5%
CUMULATIVE INTEREST COST $120k $80k $40k $0 Start 3 months 6 months 9 months 12 months
AFTER 3 MONTHS $11,250 potential difference
AFTER 6 MONTHS $22,500 potential difference
AFTER 9 MONTHS $33,750 potential difference
AFTER 12 MONTHS $45,000 potential difference

Hypothetical illustration only. 11% is not any specific broker's rate. Assumes a constant $1,000,000 margin debit, unchanged annual rates of 11% and 6.5%, and simple interest calculated as balance × annual rate × months ÷ 12. Interest is paid separately, with no compounding. Differences shown are cumulative. Portfolio value alone does not determine interest. Actual costs depend on daily borrowing, day-count conventions, fees and rate changes. Rates are assumptions, not live quotes or guarantees for the full period. Clear Street's 6.5% rate applies to account debit balances below $50,000; your rate may differ. Please review the customer agreement and margin disclosure schedules for actual margin terms. Margin borrowing increases risk; you can lose more than you deposit.

Tiered margin rates. Bigger balance, lower rate.

Margin interest is charged on the balance you borrow.

Account equity
Rate you pay
Under $50,000
Benchmark + 2.62%  = 6.5%
$50,000 and above
Benchmark + 1.45%  = 5.33%

How your rate is applied

  • The benchmark is the Overnight Bank Funding Rate (OBFR), which is variable and currently around 3.88% (as of Sep 28, 2026).
Join Clear Street now

Get our low margin rates and all of this

Trading
Screener
Options
Shorting
Execution
Omni
Risk
Alerts

Trade the markets you use today.

Stocks, ETFs, equity and index options, all in one account.

Start trading

Screen the market, don’t just scroll it.

Multi-factor screening across fundamentals, technicals and valuation.

Start trading

Build the options trade you actually want.

Analyze probabilities, compare contracts and construct multi-leg strategies across equity and index options.

Start trading

Trade both sides of the market without limitations.

Go long or short, with access to hard-to-borrow locates when the opportunity calls for it.

Start trading

Choose how you execute.

Trade with advanced order types and algorithmic routes including VWAP, TWAP and DMA.

Start trading

Ask Omni instead of digging.

Research companies, analyze your account and move from a question to a trade setup.

Start trading

Know what’s actually at risk.

Track positions, P&L, buying power, margin and exposure as your book changes.

Start trading

Stay on top of the market without watching every tick.

Set alerts around price, position and market conditions so you know when something relevant changes.

Start trading

Frequently asked questions

What margin rate does Clear Street charge?

Clear Street offers a 6.5% current annual margin rate for debit balances under $50,000, subject to current terms. Rates are based on a variable benchmark.

Does my margin rate depend on how much I borrow?

Yes. Rates vary by debit balance tier. Learn more on Clear Street's pricing page. Contact Clear Street to confirm.

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. You should review your margin agreement which specifies the calculation and billing schedule.

Countdown until the next Fed announcement

-- Days
-- Hours
-- Minutes
-- Seconds

Next Fed rate decision · October 28, 2026 · 2 p.m. ET

Countdown to the Fed decision. Margin rates are variable and subject to eligibility.

Give your next trade a stronger foundation

Explore margin at Clear Street. Margin rates from 6.5%* for debit balances under $50,000, plus trading tools, Omni AI, and institutional-grade support. Margin involves risk.

Join Clear Street

1 Margin interest rates are based on a variable benchmark and will change over time.