The bracket for interest calculation may vary from time to time without prior notice to clients. Such adjustments are periodic and intended to reflect changes in exchange rate.
1. Financing interest rate of US dollar
In calculating interest rates, Tiger Brokers uses a combo interest rate based on the following brackets.
For example, for balances above USD1 million, interests for the first USD100,000 is charged at the first-bracket interest rate, the remaining USD900,000 at the second-bracket rate, and so forth. When determining the bid-ask bread, Tiger Brokers uses the greater of benchmark interest rate and zero.
Interests accrued on a daily basis and the actual interests of the month published on the third working day of the next month.
*In the case of balance range exceeding $200,000,000.01, there may be an additional charge of 1% on the spread if financing is not arranged in advance.
2. Financing interest rate of Hong Kong dollar
3. CNH Financing Interest Rate
*Tiger Brokers uses the internationally recognized overnight deposit benchmark as the basis to determine the interest rate, and then uses the benchmark interest rate ("BM") to determine the actual financing interest rate.
Since BM is dynamic, Tiger Brokers' A share financing interest rate is also dynamic.
4. SGD Financing Interest Rate
5.AUD Financing Interest Rate
6.EUR Financing Interest Rate
7.GBP Financing Interest Rate
8.JPY Financing Interest Rate
9.NZD Financing Interest Rate