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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.
Margin trading limit is the maximum amount you can borrow from FPTS. If you exhaust the limit and need additional funds, you can submit a Request to change the limit.
To check the current margin account status, you can go to the EzTrade’s main screen, select the "Margin Transaction Lookup" tab and then choose "Check Margin Account Details".
To check the margin loan interest for EzMarginPro, you can go to the "Margin Transaction Lookup" tab, select "Check Margin Loan Interest", choose the time period and interest date and then click "Update" to view the report. Otherwise, you can check it on the EzMobileTrading app under the "Margin" section and select "Margin trading on buying power".
Select "Margin Transaction Lookup" tab, go to the "Margin Loan Statement" section, choose the time period and then click "Update" to view the margin loan statement.
Go to "Margin Transaction Lookup" tab, select "Margin Parameters Lookup" section to view the margin parameters in your service package.
Formular of Buying power (SMCS):
SMCS = Cash + Pending buy money + Money in transit + Leveraged purchasing power from stocks - (Debit balance + Accumulated EzMarginPro interest) - Suspended purchase money.
Aggregate Buying Power (SMTH) is purchasing power after applied leverage, corresponding to the securities in the buy order. If the securities code is not part of the MarginPro list, then SMTH = SMCS.
Formula: SMTH = SMCS/(1 - TLSM of stock code).
Loan interest is calculated on a daily basis based on the actual margin balance and the lending interest rate.
Loan interest = End-of-day margin balance * Loan interest rate.
The interest rate is determined by FPTS for each period and may change as necessary.
Borrowing rate (R) is the ratio between the loan amount and the total value of the assets in the account. When the loan ratio exceeds the allowed threshold, you will be required to provide additional collateral or make a partial repayment of the outstanding debt.
When a stock reaches the lending limit set by the State Securities Commission (SSC), FPTS will temporarily suspend lending for that stock. In this case, the stock will not be included in the buying power, but the customer's loan ratio will not be affected.
To stop using the EzMarginPro service, you need to visit FPTS in person to sign a request form. Additionally, you must ensure there is enough cash to settle the principal and interest. FPTS will then proceed with debt collection and terminate the service.
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.
SMTN is automatically updated by the system at the market opening time (usually at 19:00 on the previous trading day). Changes to SMTN take effect from the next trading session.
The maximum leverage purchasing power from securities is calculated by multiplying the number of securities (including regular securities and pending rights securities) by the market price and the highest borrowing ratio (currently 50%) for each security code on the day.
No, intraday purchasing power (SMTN) is only applied to securities purchase transactions. Other transactions such as cash withdrawals, money transfers or rights execution are not eligible for SMTN.
If your account has negative base purchasing power, the SMTN will be offset against the negative portion of the base purchasing power. This means you will use less of the additional SMTN that was increased.
The intraday purchasing power is only valid in the trading session of the following day and will no longer be effective after the session ends. The borrowing ratio (R) will be recalculated based on the normal borrowing ratio for each stock.
No, SMTN can only be used for buying securities. Transactions such as withdrawing money, transferring funds or exercising rights cannot use SMTN.
You can register or cancel the SMTN service online via EzTrade or EzMobileTrading. The changes will take effect in the next trading session.
SMTN only affects the intraday purchasing power and does not directly impact the loan ratio (R) of the account. The loan ratio will be recalculated after the trading session ends and will be based on the normal loan ratio for each security.
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.