Margin Rate
Individual account interest rate standards
Margin Financing Fees for HK Stock Margin Accounts
| Charge Type | Details | Fee Collecting Party |
| Standard – Margin Account Financing Charges (Not applicable to IPO financing loans) |
For individual accounts, the annual interest rate is 7.63%. Interest will accrue from the day after securities settlement is completed (Hong Kong stocks settled on a T+2 basis). Interest is calculated on a daily basis and charged monthly. For other securities accounts, please refer to the fees displayed in the App. |
uSMART |
| PRO Account Exclusive* – Margin Account Financing Charges (Not applicable to IPO financing loans) |
For individual accounts, the annual interest rate is 6.63%. Interest will accrue from the day after securities settlement is completed (Hong Kong stocks settled on a T+2 basis). Interest is calculated on a daily basis and charged monthly. For other securities accounts, please refer to the fees displayed via the App. |
uSMART |
*1. This offer is only applicable to PRO account who selected either "PRO Account - Default Commission Plan” or “PRO Account High-Frequency Trading Plan”. In addition, clients must maintain PRO account status throughout the entire relevant calendar month (For example, on March, From 1 March to 31 March, both dates inclusive). Any upgrade or downgrade of PRO account tier, or switching between the designated commission plans, will not affect the calculation.
2. Clients must complete at least 2 trades in HK stocks, U.S. stocks or A-shares during the relevant month. Fund subscription/redemption, IPO subscription, wealth management product transactions, currency exchange, stock transfer and other non-securities transactions will not be counted.
3. Only Clients who satisfy both conditions 1 and 2 above will be eligible for the “PRO Client Exclusive – Margin Account Financing Charges”offer.
4. Hong Kong stock margin interest will be handled on a "charged first, refunded afterwards" basis. The relevant interest will first be charged at an annual interest rate of 7.63%. For clients who satisfy the above conditions, the overcharged concession amount is expected to be refunded to their trading accounts on or before the 15th business day of the following month. The actual refund timing shall be subject to the Company's processing arrangements.
5. This offer applies only to financing interest arising from the purchase of Hong Kong stocks with HKD financing and calculated based on the HKD Hong Kong stock margin financing rate. It does not apply to IPO loans, borrowing in other markets or other currencies, overdue interest, handling fees, platform fees, transaction levies, stamp duties, third-party fees, or any other charges.
The fees shall take effect from 1 May 2026 until further notice.
All other charges shall remain the same as those applicable to securities trading accounts (i.e. cash accounts).
The Company reserves the right to adjust the interest charged on account debit balances, concession arrangements, calculation methods and related terms from time to time without prior notice.
The Company reserves the right to determine whether a client is eligible for this financing rate concession based on the client's past credit, trading, and position records, account status, and/or risk assessment results. In case of any dispute, the Company's decision shall be final and binding.
Margin Financing Fees for US Stock Margin Accounts
| Charge Type | Details | Fee Collecting Party |
| Margin Account Loan Charges | Annual interest rate of 6.63%, calculated from the day of securities settlement (T+1 settlement for US stocks). Interest is calculated daily and deducted monthly. | uSMART |
A-Share - Margin Account Financing Service (The unit of calculation is RMB)
| Charge Type | Details | Fee Collecting Party |
| Margin Account Lending Rate | Annual interest rate 7.98%. Interest calculation starts on the day after securities settlement is completed (A-share settlement: T+1). Interest is calculated daily and deducted monthly. | uSMART |
For institutional or corporate client
The annual interest rate of Hong Kong dollar is 7.63%, that of US dollar is between 6.63%, and that of CNH is 7.98%.
Interest calculated daily and deducted monthly, the company reserves the right to adjust the account overdue interest charges from time to time without prior notice.
The content of this page is for reference only. Please refer to the official fee schedule on the uSMART Securities website for specific fee standards. The actual applicable charges are subject to the information shown in the APP and the latest announcement by the Company.
