Currency | Annual Interest Rate | Charged by |
---|---|---|
HKD | 6.8% | Tiger Brokers |
USD | 4.8% | Tiger Brokers |
Tips:
1)For HKD and USD, the days of the year are 365 and 360.
2) The margin interest is accrued daily and credited on the first natural day of next month.
3) Margin Interest Calculation:
For HKD: Margin Amount * Margin Interest Rate / 365 days * Number of Days (HKD)
For USD: Margin Amount * Margin Interest Rate / 360 days * Number of Days (USD)
Securities trading services are provided by Tiger Brokers (HK) Global Limited, a wholly owned subsidiary of the listed company (NASDAQ: TIGR).