Schwab’s New Advertising

Schwab is now running ads that seem to offer great margin rates (for a limited time !!! act now!!).   These are very credit card like (and predatory) in my opinion.  The margin rates offered by most brokers are near criminal when compared to a consistently fair broker like IB (unbiased, we don’t use them – we don’t use margin in retail accounts and use Merlin/Goldman in private funds).  (HT: Sea)