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Replies to #53006 on Biotech Values
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spartex

09/30/07 9:26 PM

#53020 RE: rfj1862 #53006

OT: Low margin rates

rfj, I found these folks just by doing a google search; Firstrade.

http://www.firstrade.com/public/en_us/pricing/brokercomparison/

Their margin rates seem to be very competitive, and more so once you get beyond $1 million dollars of borrowing (goes from 8% to 6.5% margin rate). Schwab doesn't give you as much of a discount as you borrow into that range (only goes from 8.5% to 8%).

http://www.firstrade.com/public/en_us/pricing/marginrates/