According to the requirements of the Hong Kong Securities and Futures Commission (SFC), Tiger Brokers (Hong Kong) is required to set an exposure limit for clients’ virtual asset holdings based on the client’s net assets and personal information.
By default, your exposure limit is automatically calculated based on the declared net assets you selected during account opening. The default exposure limit = upper limit of the declared net assets bracket × 20%.
*Note1 : The net assets declaration during account opening is based on a multiple-choice question divided into asset range brackets. The upper limit of the selected bracket is used as your declared net assets for exposure limit calculation.
*Note 2: The maximum declared net assets considered for calculation purposes is capped at HKD 8 million. If the the upper limit of the declared net assets bracket is HKD 8 million or above, the exposure limit will be calculated based on HKD 8 million.
*Note 3: The relevant exposure limit ratio can be adjusted based on the customer needs along with supporting asset proof.
If the combined total of your open virtual asset buy orders and your current virtual asset holdings exceeds your exposure limit, any new virtual asset buy orders will be automatically rejected by the system.
To continue trading, you may choose to cancel some unfilled buy orders or reduce your existing virtual asset holdings.
You may contact Tiger’s customer service to request an adjustment to your exposure limit. If you wish to significantly increase the limit, you may be required to provide supporting documents as proof of assets.
Exposure limit adjustment requests are typically reviewed and processed within a few hours.