INTEREST RATES PER CURRENCY FOR MARGIN TRADE

Currency

Tier 1

Tier 2

Tier 3

 

Below Tier 1  

Between Tier 1 & Tier 2 

Between Tier 2 & Tier 3 

USD

100,000

1,000,000

3.000,000

 

BM+2.5 %

BM+2%

BM+1.5 %

AUD

140,000

1,400,000

_

 

BM+2.5 %

BM+2%

BM+1.5 %

CAD

140,000

1,400,000

_

 

BM+2.5 %

BM+2%

BM+1.5 %

CHF

100,000

1,000,000

_

 

BM+2.5 %

BM+2%

BM+1.5 %

CNY/CNH

625,000

6,250,000

125,000,000

 

BM+6 %

BM+6%

BM+6%

CZK

400,000,000

-

-

 

BM+4 %

BM+4 %

BM+4%

DKK

120,000,000

-

-

 

BM+4 %

BM+4 %

BM+4%

EUR

100,000

1,000,000

150,000,000

 

BM+2.5 %

BM+2%

BM+1.5 %

GBP

80,000

800,000

160,000,000

 

BM+2.5 %

BM+2%

BM+1.5 %

HKD

780,000

7,800,000

780,000,000

 

BM+3.5 %

BM+3 %

BM+2.5%

HUF

4,500,000,000

-

_

 

BM+6 %

BM+6%

BM+6 %

ILS

80,000,000

-

-

 

BM+6 %

BM+6 %

BM+6 %

INR

-

-

-

 

BM+4 %

BM+4 %

BM+4 %

JPY

11,000,000

110,000,000

20,000,000,000

 

BM+2.5 %

BM+2%

BM+1.5 %

KRW

120,000,000

1,200,000,000

24,000,000,000

 

BM+3%

BM+2.5%

BM+2%

MXN

1,900,000

19,000,000

1,900,000,000

 

BM+4 %

BM+3%

BM+2. 5%

NOK

850,000

8,500,000

850,000,000

 

BM+2.5 %

BM+2%

BM+1.5%

NZD

150,000

1,500,000

150,000,000

 

BM+2.5 %

BM+2%

BM+1.75 %

PLN

70,000,000

-

-

 

BM+4 %

BM+5 %

BM+5 %

RUB

660,000,000

-

-

 

BM+6 %

BM+6 %

BM+6 %

SEK

850,000

8,500,000

850,000,000

 

BM+2.5 %

BM+2%

BM+1.5%

SGD

150,000

1,500,000

150,000,000

 

BM+2.5 %

BM+2 %

BM+1.5 %

ZAR

240,000,000

2,500,000,000

-

 

BM+4.5 %

BM+4 %

BM+4 %

 

BM – refinancing rate as of the transaction date defined by the financial management authorities conducting monetary and credit policies (monetary regulation authorities)

How to calculate the margin interest rate?

If you use the margin available on your account, you’ll be charged a daily interest calculated in relation to the amount withdrawn.

 

Calculate
INTEREST=
(Balance Tier1 x Rate Tier1/ number of day in year)

(Balance Tier2 x Rate Tier2/ number of day in year)

(Balance Tier3 x Rate Tier3 / number of day in year)

etc

Example:

Accept that BM=0.1%

Statement Reflects
USD
Securities
Commodities
Total
Ending Settled Cash
-500,000
0
-500,000
 
Tier Balance
Cash
interest
Calculation
100,000
-100,000
7.22
[100,000 x (0.1% + 2.50%)/360]
100,000-1,000,000
-400,000
23.3
[400,000 x (0.1% + 2.00%)/360]
1,000,000
0.00
0.00
 
Total
 
30.52