If you are in the market for a Margin Loan, consider opening a margin account with Trading Direct to take advantage of very competitive interest rates. (Please visit the homepage for the current interest rate table.)
Below are 3 common reasons why investors use margin with stock, bond, or mutual fund investments...
Investors may look to use leverage to attempt to increase capital gain or income returns on investments.
For some investors, rather than liquidate portfolio holdings, it may make sense to take advantage of low margin interest rates to fund the large purchase of a home or car, using brokerage account assets as collateral for the loan.
In conjunction with the Corestone Account, clients may use check writing or a debit card for every day purchases. If there is no cash in the brokerage account, the amount of transaction purchase will increase the margin loan balance.
Use of margin entails risk. Leverage can also magnify losses. In order to open a margin account, please read and submit a Margin Agreement.
Be sure to also read the Margin Disclosure Statement.
Contact Customer Service with any questions.
Trading Direct, a division of York Securities Inc, is a discount broker who does not make any recommendations. All orders are unsolicited.