Margin 101 | 10 Seven Risk Checks for a Margin Account Before Earnings
Around earnings releases from NVIDIA, Tesla, Apple and other closely watched stocks, prices may move sharply. $NVIDIA(NVDA)$$Tesla Motors(TSLA)$$Apple(AAPL)$ For margin account users, earnings season is not only about the direction of a stock — it is also about account risk. 1. Check your margin balance Confirm how much margin you have actually used, rather than only looking at total account buying power. The used margin loan is the only part that accrues interest, and it is the starting point for judging your real leverage. You can check your used margin loan via [Account] page or [Enquiry for Margin Limit]. 2. C
Margin 101 | 09 Volatile market? Is margin account really right for me?
A margin account is not only for users who want to scale up positions.It may also suit scenarios involving settlement timing, multi-currency financing, short selling and advanced options strategies. Whether it is suitable depends on personal experience, financial position, risk tolerance and actual trading needs. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, consider whether the product is appropriate for your objectives, financial situation and needs, and re
Margin 101 | 08 A 10% post-earnings drop: what happens to an account running 2× leverage?
Once an account is granted a margin limit, some users think: If the system says it is available, shouldn't I use all of the buying power? A margin limit represents a ceiling on what you may use. It is not a suggested position size. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, consider whether the product is appropriate for your objectives, financial situation and needs, and read the relevant PDS and risk disclosures. First, understand where "buying power" co
Margin Account 101 | 07 How much interest do you actually pay when you trade on margin?
Margin interest is generally calculated on the following factors: amount actually borrowed × annual rate × number of days actually used Tiger accrues margin interest daily and charges it monthly; the day-count basis may differ by currency. The current annual margin rate for AUD, USD, HKD and CNH is 7.99%, but rates may change — the figures shown in your account and on the official pages prevail. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, consider whether t
Margin 101 | 06 Your position falls 15% — does that trigger a margin call?
A margin call is a demand for additional margin. When a margin account's net assets or risk level no longer meet the maintenance margin requirement, a user may need to: add cash or eligible assets; repay part of the financing; or reduce existing positions. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, consider whether the product is appropriate for your objectives, financial situation and needs, and read the relevant PDS and risk disclosures. First, learn the
Margin 101 | 05 Same USD 10,000 order: why can the margin required differ so much between two stocks
Some users notice: I bought USD 10,000 of two different stocks — why did one tie up less margin than the other? Because securities differ in risk, volatility and liquidity, the applicable margin requirements may differ too. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, consider whether the product is appropriate for your objectives, financial situation and needs, and read the relevant PDS and risk disclosures. What range do margin rates fall in? Taking histor
Margin 101 | 04 How does short selling work? Reading short risk through the 2021 GameStop squeeze
An ordinary stock trade usually goes: Buy first, then sell after the price rises. That is going long. Short selling reverses the order: Borrow the security and sell it first, then buy it back later and return it. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, consider whether the product is appropriate for your objectives, financial situation and needs, and read the relevant PDS and risk disclosures. A simple example Suppose a stock currently trades at USD 100
Margin 101 | 03 Want to buy NVIDIA but only hold AUD — do you have to convert to USD first?
Many Australian investors hold mainly AUD in their accounts, while the names they follow — NVIDIA, Tesla, Apple and others — trade in USD. In a cash account, a user generally needs to hold cash in the relevant currency first.A margin account supports multi-currency financing. Tiger currently supports AUD, USD, HKD and CNH financing; actual capacity and scope are subject to your account page and approval outcome. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve significant risks and may not be suitable for all investors. Losses may exceed your initial investment. Before investing, c
Margin 101 | 02 Sale proceeds haven't settled — does the next trade have to wait?
Say you sold an Apple holding on Monday, and later the same day you spot a fresh opportunity in NVIDIA or another stock. Once you sell, the order is filled — but the cash may still be working its way through settlement. $Apple(AAPL)$$NVIDIA(NVDA)$ Since 28 May 2024, the standard settlement cycle for most US securities transactions has shortened from T+2 to T+1. In other words, a US stock sold on Monday will normally settle on the next business day. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a recommendation. Margin lending, short selling, and other leveraged trading strategies involve
Margin 101 | 01 Buying AAPL before an Apple event: does an unused limit accrue interest?
When users open the margin account page, many see a "margin limit" or "available buying power" and immediately wonder: Have I already borrowed money? Will this limit start accruing interest straight away? The answer: a margin limit is not the same as money borrowed. Your margin limit represents the financing capacity you may be able to draw on, within your approved limit, your asset position and the applicable margin requirements. Interest only arises once you actually draw on margin funds and a margin balance is created. Tiger charges margin interest on the amount actually borrowed, not on your full approved limit. Important: This material is provided for general educational and informational purposes only and does not constitute financial product advice, investment advice, or a reco