Cost for trading margin and shorting a stock

[Terry Tang 0]

Hi,

I'm still trading in SIM and I'm just wondering how much does a broker like IB charge you for trading margin and shorting a stock? I know for IB you can have 4x leverage on your equity. How much are they charging you for the money you borrow from them?  And how much does IB charge you for shorting a stock?

 

 

 

[Upendra 4]

That information should be there on the IBKR website, I remember it is lower than most of the other firms - I pay fidelity @7.5 to 8.5% interest  on margin money depending on the amount.