Interest rates rise, a rare securities company does not raise margin

Pinetree Securities with the advantage of cheap capital from Hanwha Group, Korea is a company that still maintains a margin interest of 9%/year until the end of 2022 with a lifetime transaction policy of 0 fees.

Facing exchange rate pressure, the State Bank of Vietnam recently raised the operating interest rate by 1% per year for the second time in just one month. In order to match the new bank interest rate, large and small securities companies in the market have also adjusted their margin lending rates from about 2 months ago. The commonly applied adjustment rate increases by 1-1.5%/year, the average margin lending interest rate in the market is in the range of 12-14%/year and can continue to increase until next year in the current financial context. now.

Outside of that uptrend, Pinetree Securities is still holding steady interest rates at 9%/year. Along with the policy of 0 transaction fees, this is considered the most attractive fixed interest rate on the market today. It is known that this company has kept the above margin interest rate for 3 years since Hanwha Group invested in acquiring HFT and changed its name to Pinetree Securities.

According to the company’s share, although business profit in the third quarter of 2022 recorded a decrease, bank interest rates increased rapidly, but the margin interest rate of 9%/year will still be kept stable until the end of 2022.

Experienced investors tend to use margin leverage when there is a chance to catch the bottom and low interest rates. According to some experts, the current market is volatile, but it is also an opportunity when the market price of good stocks also plummets. In order to choose the right company for using margin leverage, in addition to reputation, low interest, other factors such as transaction fees, experience on application platforms, supporting tools, etc. are also considered by investors. private review. For inexperienced people, the use of margin is recommended to be limited to avoid risks.

Recently, Pinetree has improved the updated version of WebTrading (WTS) so that Investors can edit orders or extend their own margin loans right on the web. WTS version is oriented to serve professional investors, so the website interface is also reorganized with utility functions, order books, account statements… Along with the core system operating according to standards In Korea, transactions on the web will be high speed and secure.

Sunshine/Economic Lifestyle