Broker Check

MARGIN INTEREST CHARGES FOR ACCOUNTS HELD AT NATIONAL FINANCIAL SERVICES, LLC


National Financial Services

Interest on Credit Extended in Margin Accounts
The annual rate of interest charged will vary from a minimum of 1% to a maximum of 3% above the National Financial Base Lending Rate (NFBLR)* depending upon your average debit balance.

Current NFBLR: 9.75%

Average Debit BalanceInterest to be Charged above NFBLR
$0 - $24,9993%
$25,000 - $49,9992 ½%
$50,000 - $99,0002%
$100,000 - $499,9991 ½%
$500,000 and over1%
* The NFBLR is set at the discretion of NFS with references to commercially recognized interest rates, industry conditions regarding the extension of margin credit and general credit conditions.