Login Open account
Hong Kong S.A.R
By using our website you agree to our use of cookies in accordance with our cookie policy.
Okay

Save up to 40% on margin lending

Keep more of your returns with industry-leading margin lending rates for stocks and ETFs.

Open account
Increased buying power

Increase your exposure and potential profits, with up to 3.3x leverage on individual stocks and ETFs.

Simple loan facility

Use cash or securities on your account as collateral for a margin loan.

Low commissions

Pay just 3 USD to buy US stocks – and benefit from equally low rates for Hong Kong and international equities.

See how much you could save with Saxo

It's easy to just look at commissions when choosing a broker. But hidden fees can eat up your returns. At Saxo, you won’t pay a platform, custody or inactivity fee, and our leading margin lending rates keep your running costs low. See how we compare below:

See your total annual cost of buying 100 Tencent shares with margin lending and holding for one year.

  • Commissions & fees

    HKD 23.5


    Margin lending rate

    3.66%


    Total cost

    HKD 1,226

  • Commissions & fees

    HKD 0


    Margin lending rate

    5.50% 


    Total cost

    HKD 1,810

  • Commissions & fees

    HKD 29.1


    Margin lending rate

    6.80%


    Total cost

    HKD 2,266

    Source: Comparable pricing available on websites of respective brokers as of 18 February 2022. Calculation made with Saxo entry-level prices (Saxo Classic) and margin lending account with 30% collateral and Saxo Offer Interest Rates at 36bps.

    Start saving on investment fees today

    Cut your costs down to size with Saxo. Save hundreds of dollars each year as a Classic client, or make further savings as a Platinum or VIP.

    Open account

    • What is margin lending?

    • A margin lending account enables you to put down cash or securities as collateral for a loan, which you can use to leverage your positions.

      By taking a margin loan, you can increase your buying power in stocks and ETFs, beyond the value of the cash and/or securities on your account. It’s an attractive option if you’re actively trading, or an investor expecting to generate long-term returns.

      The margin loan works as a ‘credit facility’, and the amount you can borrow depends on your financial situation and the collateral value of the assets on your account.

      Please view the factsheet for more details about margin lending.

    Industry-leading margin lending rates

    Saxo offers 3 tiers of margin lending rates as low as 1.99% on top of Saxo Offer Interest Rate*

     VIPPlatinumClassic
    HKD, USD, AUD, CAD,
    CNH, DKK, EUR, GBP,
    JPY, SGD    		Saxo Offer Interest Rate* + 1.99%Saxo Offer Interest Rate* + 2.99% Saxo Offer Interest Rate* + 3.99%

    * You can find the Saxo Offer Interest Rate in General charges and fees. Please refer to our trading platform for the most updated rates. Specific to margin lending of Hong Kong shares, the advertised margin lending pricing is only for constituent shares listed on the Hang Seng Index (HSI). Margin Lending pricing on stocks outside of the HSI is set by negotiation.

     

    Ultra-competitive stock commissions

    We offer three levels of pricing depending on your account tier.

    ExchangeVIPPlatinumClassic
    NYSE
    		0.005 USD/share (Min. USD 3)0.0065 USD/share (Min. USD 3)0.008 USD/share (Min. USD 3)
    Nasdaq (XETRA)
    		0.005 USD/share (Min. USD 3)0.0065 USD/share (Min. USD 3)0.008 USD/share (Min. USD 3)
    HKEX
    		0.05% (Min. HKD 18)0.05% (Min. HKD 18)0.05% (Min. HKD 18)

    Frequently asked questions

    For new to Saxo clients, you can tick the “I would like to enable Margin Lending on my account” question during the onboarding journey.

    If you already have an account with Saxo

    • On SaxoTraderGo: You can request Margin Lending on your account via the trading platform. Simply go to ‘Contact Support’, then ‘Request margin lending on my account’.
    • On SaxoInvestor: You can request Margin Lending on your account by clicking the “Request margin lending on my account” banner on the main Markets page on the platform.

    When a trade is funded by a loan you will be charged a margin lending interest on the loaned amount. 
    The loan interest is payable from the day that the share purchase is settled. Loan interest will continue until the settlement day for the share sale.

    The loan amount is calculated daily based on the net cash balance on each margin lending account (in different currencies) and charged on a monthly basis.

    You can find the Margin Lending Interest Costs under Trading Conditions > Trading rates for a given instrument. Furthermore, you will be able to find a breakdown of the charges to your account in the Margin Lending Interest Details report available within the platform.

    For the key risks of margin trading, please click here.

    Imagine you deposited USD 10,000 on your Margin Lending account and plan to buy 1,000 shares in the US listed Stock ABC, priced at USD 25/share.

    Stock ABC has a risk rating 1, with an initial collateral value of 63% and maintenance collateral value of 70% (haircut = 30%). This means you’ll need to put up 37% of the transaction value as collateral (cash or positions) to open the position. This will give you an effective leverage of up to 2.70x your capital at the time of opening.

    After the trade, your net cash balance will change from USD 10,000 to minus USD 15,000, since you have now borrowed USD 15,000 to finance the position value of USD 25,000.

    After the trade you will have utilised 86% of your account’s maintenance collateral value. That means you’ll have USD 750 left as unused initial collateral to open new positions worth up to USD 2,027 (assuming a risk rating 1 stock with 63% initial collateral value).

    Pre TradePost Trade
    Position details - Stock ABCPosition details - Stock ABC
    # shares-# shares1,000.00
    Share Price-Share Price (USD)25.00
    Market Value-Market Value (USD)25,000.00
    Risk Rating-Risk Rating1.00
    Initial Collateral Value (%)-Initial Collateral Value (%) 63%
    Maintenance Collateral Value (%)-Maintenance Collateral Value (%)70%
    Haircut (Maintenance Margin Req., %)-Haircut (Maintenance Margin Req., %)30%
    Pre Trade
    Position details - Stock ABC
    # shares-
    Share Price-
    Market Value-
    Risk Rating-
    Initial Collateral Value (%)-
    Maintenance Collateral Value (%)-
    Haircut (Maintenance Margin Req., %)-
    Post Trade
    Position details - Stock ABC
    # shares1,000.00
    Share Price (USD)25.00
    Market Value (USD)25,000.00
    Risk Rating1.00
    Initial Collateral Value (%) 63%
    Maintenance Collateral Value (%)70%
    Haircut (Maintenance Margin Req., %)30%

    Please note that the above example does not take transactional costs (commissions etc) and financing costs (interest) when holding the position overnight into account.

    For more FAQ, please click here.

    Ready to get started?

    Opening an account takes around 5 minutes

    Open account

    Saxo Capital Markets HK Limited
    19th Floor
    Shanghai Commercial Bank Tower
    12 Queen’s Road Central
    Hong Kong

    Contact Saxo

    Select region

    Hong Kong S.A.R
    Hong Kong S.A.R
    Products & pricing
    Platforms
    Accounts & service
    General
    Other
    Legal

    Losses can exceed deposits on margin products. Please ensure you understand the risks.

    Saxo Capital Markets HK is a company authorised and regulated by the Securities and Futures Commission of Hong Kong. Saxo Capital Markets HK Limited holds a Type 1 Regulated Activity (Dealing in securities); Type 2 Regulated Activity (Dealing in Futures Contract); Type 3 Regulated Activity (Leveraged foreign exchange trading); Type 4 Regulated Activity (Advising on securities) and Type 9 Regulated Activity (Asset Management) licenses (CE No. AVD061). Registered address: 19th Floor, Shanghai Commercial Bank Tower, 12 Queen’s Road Central, Hong Kong

    By clicking on certain links on this site, you are aware and agree to leave the website of Saxo Capital Markets, proceed on to the linked site managed by Saxo Group and where you will be subject to the terms of that linked site.

    Apple, iPad and iPhone are trademarks of Apple Inc., registered in the US and other countries. AppStore is a service mark of Apple Inc.

    Please note that the information on this site and any product and services we offer are not targeted at investors residing in the United States and Japan, and are not intended for distribution to, or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. Please click here to view our full disclaimer.