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What are your margin rates?

Our current margin rates are listed below:

margin balance margin rates
$0-$9,999 10.25%
$10,000-$49,999 9.75%
$50,000-$99,999 9.25%
$100,000-$249,999 8.75%
$250,00-$499,999 8.25%
$500,000+ 7.75%

You must have at least $2,000 in your margin account before buying stocks on margin. The maintenance margin requires you to have a certain level of equity in the margin account. If the account value falls below the maintenance margin, Motif will issue a margin call and you will have to deposit cash into the account.