Sunday, September 27, 2020

Margin trading account rates, a comparison

After learning I could borrow against my Bitcoin to get cash without a tax event, I did a bit of research and found the rates charged for borrowing against a Stock Portfolio. I was shocked by the rates.

https://investorjunkie.com/stock-brokers/best-margin-rates/

You'll pay 8-11% to borrow against your stock portfolio from major US brokers. Borrowing against your BTC at 5-15% seems quite fair in this context.


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