Margin Interest Rates

Margin Interest Rates

Financing interest rate of US dollar

In calculating interest rates, GPS 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, GPS 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.

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(currency: USD).

RangeInterest charged
0.00 – 100,000.002%
100,000.01 – 1,000,000.002%(BM+1.5%)
1,000,000.01 – 3,000,000.002%(BM+1.5%)
3,000,000.01 – 200,000,000.002%(BM+1.5%)
> 200,000,000.002%(BM+1.5%)
The interest rates are updated in 02-01-2022. 

*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. 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.

Euro0 ≤ 100,0002%
100,000 ≤ 1,000,0002%
1,000,000 ≤ 150,000,0002%
> 150,000,0002%
HKD 0 ≤ 780,0002%
780,000 ≤ 7,800,0002%(BM+1.25%)
7,800,000 ≤ 780,000,0002%(BM+1.25%)
> 780,000,0002%(BM+1.25%)