Margin fee: 12.00% annualized on overnight positions only.?

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i'm looking @ small broker, suretrader, margin account (i don't have lot of money , declined @ few large brokers). emailed them , said accept small balance of $3,500.

know when invest small broker, there lot of hidden fees , i've been researching them past few hours.

- margin fee: 12.00% annualized on overnight positions only.

large brokers, it's 8-9% fee if don't cover within 30 days. on each annualized fee? seems happens if don't cover within day!?

https://suretrader.com/fee_account.aspx

appreciated if seasoned investor @ these fees, , tell me if should worry anything. know people "you should go td ameritrade" in honesty, none of large brokers accept balance.

appreciated,
chris

i'm looking @ small broker, suretrader, margin account (i don't have lot of money , declined @ few large brokers). emailed them , said accept small balance of $3,500. know when invest small broker, there lot of hidden fees...


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