Robinhood margin rates
The following interest rates are applied to your full margin balance depending on how much you borrow:
| Margin balance | Margin interest rate |
| Up to $50,000 | 5% |
| $50,000 up to $100,000 | 4.8% |
| $100,000 up to $1 million | 4.5% |
| $1 million up to $10 million | 4.25% |
| $10 million up to $50 million | 4.2% |
| $50+ million | 3.95% |
Check your settings
You can always check your current margin settings and usage in Account (person icon) → in the app, Menu (3 bars) → Investing → Margin investing.
Rate calculations
Robinhood’s margin interest rate is calculated by adding the Federal Funds Target Rate (the rate banks charge each other for short-term loans to meet their reserve requirements) upper bound and an interest rate, which varies depending on your settled margin account balance, resulting in the rates shown in the table above.
Interest is calculated daily at the end of the day based on settled margin balances.
If you use $3,000 of settled margin, we’ll calculate daily interest as follows:
- $3,000 settled margin is subject to interest
- $3,000 * (5% / 360) = $0.42 per day
Note, a $3,000 margin loan is equivalent to £2,240 based on the average exchange rate of 1.34 in 2025. The daily interest charge would be $0.42 which is the equivalent of £0.31 based on the same rate.
We’ll charge the margin interest to your investing account every 30 days at the end of your billing cycle.
The margin interest rate may change at any time without notice and at Robinhood UK’s discretion.
How we compare to other brokerages
We selected brokerages for comparison based on their publicly disclosed margin balances as of 17 December 2025. We didn’t compare data with brokerage firms who aren’t publicly traded or who charge commissions.
Our rates correspond to the introductory rate for the minimum margin balance tier offered by Charles Schwab and Interactive Brokers. Interest rates at these brokers vary based on how much is borrowed. Competitor rates and offers are subject to change without notice. Services vary by firm.
Disclosures
All investments involve risk including loss of principal. All examples are hypothetical and don’t reflect actual or anticipated results. Content is provided for informational purposes only, doesn’t constitute investment advice, and isn’t a recommendation for any security, account type or feature, or trading strategy. Past performance doesn’t guarantee future results.
Comparisons to other providers are based on information published on their websites as of 17 December 2025.
Margin investing involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. Before using margin, customers must determine whether this type of trading strategy is right for them given their specific investment objectives, experience, risk tolerance, and financial situation.
Regardless of the underlying value of the securities you purchased, you must repay your margin debt. Robinhood can change their margin maintenance requirements at any time without prior notice. If the equity in your account falls below the minimum maintenance requirements (varies according to the security), you’ll have to deposit additional cash or or close positions to reduce your margin loan. If you fail to meet your minimums, Robinhood may be forced to sell some or all of your securities, with or without your prior approval.
Robinhood charges a margin interest rate that varies depending on your settled margin balance and the upper bound of the Target Federal Funds Rate (the rate banks charge each other for short-term loans to meet their reserve requirements), which is set by the Federal Reserve and is subject to change without notice. The formulas used to calculate the margin interest rate are subject to change at Robinhood’s discretion. The margin interest rates shown are as of December 11, 2025.
For more information, review FINRA’s Investor Alert and our Customer Relationship Summary, Margin Disclosure Statement, and Margin Account Agreement. These disclosures contain important information on Robinhood’s UK products and services, conflicts of interests, lending policies, interest charges, and the risks associated with margin investing enabled accounts.