Introduction
What is margin trading and short selling
How can I do margin trading or short selling
Is there any fee for margin trading and short selling
How do I know whether a stock supports margin trading or short selling
Where can I find the margins for margin trading and short selling
How many funds or shares can I borrow at most for margin trading or short selling
What is margin trading or short selling for
How to apply for short selling of Hong Kong shares
What is short position declaration for HK stock
What is unified buying power
What are securities borrowing collateral rules?
What's trade preview (Estimated)
How will corporate actions impact
Stamp Duty Supplemental Terms for global master securities lending agreement
About Margin Calls
Details of the margins for margin trading and short selling are available on the "Margin Trading" page.
Mobile app: Select a target stock, then on the Detailed Quotes, tag the icons located to the right of the quote.
Desktop: Select a target stock, then on the Detailed Quotes, tag the icon below the quote.
If you want to buy on margin a stock with a market value of $1 million, when the initial margin is 100%, you need $1 million to establish a position (at 1x leverage); when the initial margin is 80%, you only need $0.8 million, which means you borrow $0.2 million from Futu (at 1.25x leverage).
If you want to short sell a stock with a market value of $1 million, when the initial margin is 100%, you need to ensure that you have $1 million in your account; when the initial margin is 80%, you only need $0.8 million, which means you use your own $0.8 million as collateral to borrow the stock with a market value of $1 million from Futu.
The maintenance margin is the minimum margin you must maintain in your account if you want to keep a certain stock. Maintenance Margin Amount = Market Value of Open Positions × Maintenance Margin.