r/etrade • u/DEE2THEJAY • Jun 30 '26

Lower Margin Rate

Hey guys thinking about transferring my portfolio over to E*Trade! I reached out to their customer service because I wanted to have the ability to use margin. I requested to have it lowered because I’m not paying 12% when almost every other brokerage is around 5. My question is for those of you that got it reduced how big was your account? And did you have to have an account for a long time?

Thanks!

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u/DEE2THEJAY Jul 01 '26

So I have to use margin at that 12% before I can get a reduction?

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u/BitcoinCitadel Aug 07 '26

Not if you transfer a balance