When you purchase stocks using margin, a margin debit balance will be created in your account.
If your settled cash balance is negative, margin interest will be charged based on the applicable margin interest rate. Interest accrues daily and is settled at the end of each month.
The margin interest rate may change according to market conditions. Please refer to your account statement for the actual rate applied. You can view the current rate on the stock's Margin & Short Selling Information page or navigate to Me → My Rate → Margin Rate
If you place an order using margin, the estimated daily interest for the order will be displayed on the order preview page.
Debit interest per day = Credit limit used * financing interest rate / 360
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