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Margin Rate

Prime = Prime Rate

USD Prime Rate = 6.75%

CAD Prime Rate = 4.45%

Currency

Tier

Rate Charged

USD

0 < $100,000

Prime + 0%

≥ $100,000

Prime - 0.6%

CAD

0 < $100,000

Prime + 0%

≥ $100,000

Prime - 0.6%

 

1. Moomoo Canada accrues interest on a daily basis and posts actual interest monthly. Please note that the tiers on which interest is based may change from time to time without prior notice. Such adjustments are done periodically to adjust for changes in currency rates and other factors. We will publish the current rates on a best-efforts basis.

2. The short borrowing rate varies by stock. Please refer to the details available in the app.

3. Margin trading entails greater risk, including, but not limited to, risk of loss and incurrence of margin interest debt, and is not suitable for all investors. Please assess your financial circumstances and risk tolerance before trading on margin.

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