When you use your margin line, Hapi charges interest on the balance actually used. The calculation is done daily and charged on a monthly basis.
Interest rates
Applied only to the margin amount used
Calculated daily and charged monthly
Rates are variable and may change at any time based on market conditions and benchmark rates
Margin balance | Annual rate |
Up to $5,000 | 8.00% |
$5,000 – $25,000 | 7.25% |
$25,000 – $100,000 | 6.25% |
$100,000 – $500,000 | 5.75% |
$500,000 – $1,000,000 | 5.60% |
More than $1,000,000 | 5.40% |
👉 Deposits, sales, or incoming funds in your account are first applied to reduce the margin balance, which may lower future interest charges.
How is the charge calculated?
Daily interest = Borrowed amount × Annual rate / 360
Interest accrues daily and, if not paid, may increase your margin balance.
Example
(For illustrative purposes only and does not reflect actual charges)
You have a borrowed balance of $10,000 for 30 days at an annual rate of 7.25%:
Calculation | Operation | Result |
Daily interest | $10,000 × 7.25% / 360 | $2.01 per day |
Monthly interest (30 days) | $2.01 × 30 | $60.42 for the month |
When and how is it charged?
Accrues daily based on your end-of-day balance
Charged once per month at the end of the billing cycle
Appears in your history as "Margin interest"
Deducted first from your available cash; if insufficient, it is added to your margin loan balance
👉 Interest starts accruing as soon as you use margin.
How is the margin balance repaid?
The margin loan is reduced automatically:
Deposits: applied first to the margin balance
Asset sales: used to repay the loan before generating available cash
Dividends or other income: also reduce the balance
👉 Withdrawals may be restricted while a margin balance exists.
Where can you monitor margin usage and interest in the app?
History → details of the monthly charge
Buying power section → margin used, maintenance margin, and available margin buffer
Disclosures
Please review the account agreement and margin disclosures for more details:
Need help?
You can contact the support team from the app. The support team does not provide investment, tax, or legal advice.
Legal Disclaimer: Using margin involves risks and is not suitable for all investors. When trading on margin, you may lose more than your initial investment. Past performance does not guarantee future results. This content is for informational purposes only and does not constitute advice, a recommendation, or an offer to buy or sell securities. Margin use is subject to market conditions, regulatory requirements, and Hapi’s internal policies.