$Tesla (TSLA.US)$ hi guys just wanna ask how much % do margi...
$Tesla (TSLA.US)$ hi guys just wanna ask how much % do margin charge if we urgent use it for 2-3 days then top up ?
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Moomoo Lily : You could check out the fee schedule of this platform from this link: https://support.fututrade.com/hc/en-us/articles/360035860153-What-is-the-Fee-Schedule-of-Futu-Inc-
EverDust : 4.8% divide by 365 days, roughly every 100000 USD = US$13.15 per day
Wwatt OP EverDust : thank u v much for ur reply...
EverDust : Also margin is not chargeable till the settlement is done which is 1-2 days due to time difference, so sometime it beneficial to use margin if you going to use it for 1-2 days to boost your income.
EverDust Wwatt OP : Like example I want to buy tesla right now but I dont have cash currently, I can buy first and top up the cash within 2 days and I wont be charge for interest
Wwatt OP EverDust : that's great thank u for the info