Which brokers give the best portfolio margin ?

Discussion in 'Retail Brokers' started by delta20, Apr 9, 2022.

Best in class for Portfolio margin

  1. Fidelity

    2 vote(s)
    13.3%
  2. Interactive brokers

    11 vote(s)
    73.3%
  3. T d ameritrade

    1 vote(s)
    6.7%
  4. Tasty Trade

    1 vote(s)
    6.7%
  5. Etrade

    0 vote(s)
    0.0%
  1. def

    def Sponsor

    what entity are you under? PM is a US concept and in markets like HK, risk based margin is the norm and very similar to PM.
     
    #11     Oct 25, 2023
    murray t turtle likes this.
  2. gowthamn

    gowthamn

    PM in the USA.
     
    #12     Oct 25, 2023
  3. Robert Morse

    Robert Morse Sponsor

    This is on the TDA website. Looks like Charles Schwab needs TD to offer PMA. Does that concern you if you have an account here? "However, if you're interested in trading futures and forex products, or using portfolio margin, we recommend that you open a TD Ameritrade account for the best experience."

     
    #13     Nov 2, 2023
    murray t turtle likes this.
  4. You said they give 60% of your total as PM - so for 100k portfolio value - u get 60k portfolio margin ( can we also call it options buying power?)
    Do we have to pay interest on this 60k portfolio margin they provide?
     
    #14     Dec 1, 2024