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Margin Borrowing

Margin borrowing allows you to leverage securities you already own to purchase additional securities, sell securities short, protect your account from overdraft, or access a convenient line of credit.

Trade on margin with confidence at Fidelity with our low rates, powerful tools, and convenient online account features.

Low Rates

Our margin rates are among the most competitive in the industry.


Debit Balance Margin Rate Effective Rate
$500,000 + Base - 2.825% 3.750%
$100,000 - $499,999 Base 6.575%
$50,000 - $99,999 Base + 0.50% 7.075%
$25,000 - $49,999 Base + 1.00% 7.575%
$10,000 - $24,999 Base + 1.50% 8.075%
$0 - $9,999 Base + 2.00% 8.575%

Fidelity's current Base Margin Rate, effective since 01/12/09, is 6.575%

Powerful Tools

Convenient Account Features


Eligible Securities

The following securities can be used as collateral for margin borrowing:

  • Equities trading over $3 a share (special requirements exist for certain securities and accounts)
  • Most mutual funds that have been held for at least 30 days
  • Treasury, corporate, municipal and government agency bonds

The following securities are not eligible for margin borrowing:

  • CDs, money market funds, annuities, options, precious metals, and offshore mutual funds
  • Margin borrowing is not available on UGMA/UTMA or retirement accounts

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Margin trading entails greater risk and is not suitable for all investors. Please assess your financial circumstances and risk tolerance prior to trading on margin.

Margin credit is extended by National Financial Services, Member NYSE, SIPC.

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