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Schwab is excellent. Their "high-yield" (lol) investor checking/brokerage account is a good offering due to no minimums, unlimited foreign ATM fee rebates, unlimited checks, etc. Their customer support is amazing. Three rings and a human picks up the phone.

My direct deposits go there, but I moved all my investments over to Interactive Brokers since Schwab doesn't offer (to my knowledge) portfolio margin and Schwab's margin rates are usurious.

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FWIW, Schwab does have portfolio margin, although I have no idea what the rates are.

Good to know, but AFAIK portfolio margin doesn't give you different margin _rates_ anywhere... Schwab is almost 10% starting vs IB's 3.6% right now

Just out of curiosity how do you employ margin in your personal investment portfolio?

I have risk management parameters for all the positions in my portfolio and for my portfolio overall. I use the kelly criterion to size my trades (beta-hedged intra-sector constituent spread trades). Margin is just additional capital I can allocate and get a slightly smaller return on. I'm about 1.5x leveraged on equities and 6x on forex right now.

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