If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines. Using borrowed money to finance the purchase of securities involves greater risk than using cash resources only. Trading of securities and derivatives may involve a high degree of risk and investors should be prepared for the risk of losing their entire investment and losing further amounts. Know Your Advisor: View the IIROC AdvisorReport. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Please see your customer agreement with Interactive Brokers Canada for further details.Ĭard program marketed and administered by Interactive Brokers Canada, the Program Manager of the Interactive Brokers Prepaid Mastercard. Cette carte est émise par la Compagnie de Fiducie Peoples sous licence de Mastercard International.Īll interest and borrowing activity is through Interactive Brokers Canada. This card is issued by Peoples Trust Company under licence from Mastercard International. Margin loan rates and credit interest rates are subject to change without prior notice.īY USING THE INTERACTIVE BROKERS PREPAID MASTERCARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. Average personal loan rate from and average credit card rate from bank. Rates obtained on Jfrom Rates.ca for average HELOC rate.For additional information on margin loan rates, click here. Interactive Brokers calculates the interest charged on margin loans using the applicable rates for each interest rate tier listed on its website. Annual Percentage Rate (APR) on CAD margin loan balances.You may lose more than your initial investment. Margin borrowing is only for experienced investors with high risk tolerance.
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