Skip Navigation

asked questions.

How can I participate if I don't have a Siebert brokerage account?

Muriel Siebert is proud to offer you one of the lowest discount commissions on equity trades. Opening an online account it’s easy and just takes a minute. But, remember, you will need at least $25,000 in each account that you wish to enroll.



How do I know if I am eligible to participate in the Fully Paid Lending program?

To be eligible to participate in Siebert's Fully Paid Lending Program, you need to:

  • Have at least $25,000 in each Siebert brokerage account you wish to enroll.
  • Complete digital enrollment for all eligible accounts you want to participate in the program. And, if you have "in-demand" securities you're ready to participate.




What determines which securities are eligible for fully paid lending?

Based on demand in the lending market, Siebert identifies securities in your account that may be hard to borrow due to demand for short selling, scarce lending supply, or corporate events that could affect the liquidity of a security. Siebert then determines which, if any, of those securities they want to borrow.




Which eligible securities in my portfolio are available for lending?

Fully paid and excess-margin securities are eligible for lending through the program. You may lend all or a portion of the securities in your portfolio.

Does my enrollment in the Fully Paid Lending Program guarantee that my eligible securities will be borrowed?

No, Siebert is not obligated to borrow securities. By enrolling, you are giving Siebert permission to borrow from your current and/or future eligible securities, as needed.


When enrolling, you will complete an Agreement, which is a separate agreement from any previously executed margin agreement(s).

How does a loan get terminated?

Either you or Siebert can terminate the loan at any time by selling the shares on loan (which is a termination or "recall" notice) or recalling the shares by contacting Siebert to request that a loan be returned. Siebert can terminate a loan at any time by returning the shares on loan.


Enrollment in the program can be terminated at any time according to section 20.3 of the master securities lending agreement which states; “This Agreement may be terminated by either party upon notice to the other, subject only to fulfillment of any obligations then outstanding including the termination of any Loans.”

Get Started Today

Call Us

Phone: (800) 872-0444


Submit an online inquiry and a Siebert representative will get back to you as soon as possible.

Contact us

Open an account

Take the first step.
Siebert Online

Chat with us!