Interest is 0.90% per month plus VAT, accrued daily based on the balance of the loan amount at the end of the day.
FirstMetroSec deducts the interest charges from your account at the end of each month.
Interest rate is subject to change without prior notice.
Please review your billing statements carefully to stay informed of the amount of interest you are paying for your margin loan. Interest expense on a margin loan can materially reduce the rate of return on your investment.