You can register for the EzMarginPro margin service by following the instructions here.
The loan interest for EzMarginPro is calculated as follows:
- Interest period: From the 25th of the previous month to the 24th of the current month.
- The loan interest payment date is the 25th of each month or the next working day if the 25th is a day off, a holiday or weekend. On the payment date, the interest is converted into a loan and added to the margin balance.
Margin list is a list of securities that are eligible for margin trading, along with their corresponding loan ratios. This list may be updated and changed by FPTS periodically.
To check the margin list, you go to the Place orders screen, then click on Check margin list.
The SMTN service applies only to securities listed in the margin list and eligible for borrowing under FPTS regulations. SMTN is valid exclusively for securities purchase transactions and does not apply to other transactions such as withdrawals or fund transfers.
When using SMTN, your intraday purchasing power increases based on the highest loan ratio (50%) for marginable securities. This ratio is valid only during the trading session and does not apply after the session ends.
If your account does not have money to pay the interest on the interest payment day, FPTS will add the accumulated interest for that month to the outstanding loan balance and calculate the interest for the next month. You just need to ensure that your account remains in a safe status.