hi...i understand all trades are margin. can you inform us o...
hi...i understand all trades are margin. can you inform us of the margin (%) of each market - US, HK and SG? can we take naked shorts?
what is the interest rate for margin financing?
thank you.
what is the interest rate for margin financing?
thank you.
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FTDeger : @Team moomoo
Team moomoo : Hi there, Futu SG will provide the Margin function in March. The margin interest rate of Long Margin for Hong Kong stocks is 6.8% and U.S. stocks is 4.8%. SG rate is to be revealed. The margin interest is calculated daily and deducted at the end of the month.
The margin interest of Short Maring is depends on the stocks, please see details in the App and refer to the daily statement.
101773677 OP Team moomoo : what is the % of margin financing?
Alfred ZiYuan : is the trade automatically converted to margin trade if insufficient money in wallet? newbie here and a bit lost
101773677 OP Alfred ZiYuan : you wont be able to trade if you have insufficient funds to cover the margin.