Lowest rates take margin loan awards

Smith Barney and St George Margin Lending have filled the first two places in the annual Money Magazine Best of the Best awards for margin loans over $20,000. The ability to apply for the margin loan online, trade options and see updated portfolio valuation on the web were minimum requirements. The best one-year fixed interest rates averaged over the year to October decided the winners which came in at 7.3 per cent and 7.6 per cent respectively