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Interactive brokers has the best rates I think if you take their pro account. You’ll pay commissions but they may not be that much either depending on how much you trade
I don’t have a couple million where they will even entertain a margin reduction. 😂
They apparently do reduce
I got 100k with Schwab I will certainly look into this thank you for posting. Not sure if 100k is enough but can't hurt to ask!
I was actually considering moving to interactive brokers for this due to their extremely low rates
Subject Expert
Use margin sparingly.
A better way is to short something that’s lo beta / lo vola against a long position.
Wait why can’t you use Robin Hood with Deloitte?
Welcome to big 4 consulting. We have rules for tracking independence as we r a audit firm as well. Hence Deloitte forces you to use only approved brokers so they get access to the stocks you own to track if they are restricted. It applies to you and also your immediate family. So even wife and parents cannot own non approved brokers.