--- title: "The price war for margin trading among brokerages has intensified, with clients holding screenshots to \"compare prices\" and demanding lower interest rates" description: "The price war for margin financing among brokerages is intensifying, with clients demanding lower financing rates. A brokerage executive revealed that in order to retain clients, financing rates have " type: "news" locale: "en" url: "https://longbridge.com/en/news/254692939.md" published_at: "2025-08-26T22:21:08.000Z" --- # The price war for margin trading among brokerages has intensified, with clients holding screenshots to "compare prices" and demanding lower interest rates > The price war for margin financing among brokerages is intensifying, with clients demanding lower financing rates. A brokerage executive revealed that in order to retain clients, financing rates have fallen below an annualized 3%, even lower than mortgage rates. According to Wind data, as of August 25, the margin financing balance in the Shanghai and Shenzhen stock markets reached 2.188327 trillion yuan, a ten-year high. Although investor demand for financing is rising, competition in commissions and rates has caused the interest margins of some brokerages to approach the breakeven point "The market is warming up. Recently, a major margin trading client asked us to lower the financing interest rate, which was ultimately set below an annualized 3%," revealed a branch manager of a brokerage firm. In order to retain this long-standing client, the financing rate offered is even lower than mortgage rates and is already approaching the brokerage's funding cost. According to Wind data, as of August 25, the total margin trading balance in the Shanghai and Shenzhen stock markets reached 2.188327 trillion yuan, hitting a new high in ten years. Investor demand for financing is rising, but the price war over margin trading commissions and interest rates is intensifying. Many brokerage professionals have stated that some leading brokerages are continuously setting new industry lows for margin trading rates, with overall interest spreads approaching the breakeven point ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | How PTC’s (PTC) New FlexPLM Win with SPG Shapes Its Intelligent PLM Investment Story | PTC announced that SPG Company selected its FlexPLM solution to modernize product lifecycle operations, enhancing data a | [Link](https://longbridge.com/en/news/276294946.md) | | Capfin India To Issue 1.6 Million Shares At 32.88 Rupees Each | Capfin India Ltd :CAPFIN INDIA LTD - ISSUANCE OF 1.6 MILLION SHARES AT 32.88 RUPEES EACH | [Link](https://longbridge.com/en/news/276416371.md) | | US House lawmakers propose comprehensive aviation safety bill after fatal crash | A bipartisan group of U.S. House lawmakers has proposed a comprehensive aviation safety bill following a fatal crash in | [Link](https://longbridge.com/en/news/276379777.md) | | FirstService: Capitalizing on Cyclical Dislocation with Durable Growth and Conservative 2026 Upside | William Blair analyst Stephen Sheldon has reiterated a Buy rating on FirstService (FSV) stock, citing confidence in the | [Link](https://longbridge.com/en/news/276281132.md) | | Readystate Asset Management LP Sells 288,480 Shares of Celldex Therapeutics, Inc. $CLDX | Readystate Asset Management LP has significantly reduced its stake in Celldex Therapeutics, Inc. by 86.1%, selling 288,4 | [Link](https://longbridge.com/en/news/276326472.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.