When withdrawing funds, there is a discrepancy between the amount available for withdrawal and the amount available in the account. When transferring to a copy account, there is a discrepancy between the amount available for transfer and the amount available in the account. This is usually because there are stock products in your positions and the stock products are currently closed. The calculation of the available amount in each business scenario is as follows:
1. Related to Live Account :
1.1. Calculation of available amount when withdrawing funds:
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Calculate Live Account maintenance margin amount
Live Account maintenance margin amount = Σ(Live Account position order occupied margin × this order product maintenance margin rate), that is, a single position order occupied margin × this order product maintenance margin rate and the sum of all orders.
Maintenance margin rate for order products: usually 100%, but during the market close period (including holidays), the maintenance margin rate for U.S. stocks and Hong Kong stocks is adjusted to 200% (for details, please refer to the * Maintenance Margin Rate Table)
- Calculate available amount
The available amount of Live Account when withdrawing money = the Live Account balance or the lower value of [Live Account equity - Live Account maintenance margin amount].
1) If the calculation result ≤ 0, the available amount is 0
2) If the calculation result > 0, the available amount is this value
1.2. Calculation of the available amount for Live Account transactions (i.e. available margin for transactions):
The available amount when trading on the Live Account = the net value of the Live Account - the sum of the margin occupied by the Live Account position orders
2. Related to Master Account :
2.1. Calculation of available amount when applying as a trader:
Refer to 1.1. Calculation of available amount when withdrawing funds from Live Account
2.2. Calculation of the available amount transferred from the Live Account to the Master Account:
Refer to 1.1. Calculation of available amount when withdrawing funds from Live Account;
2.3. Calculation of the available amount when the Master Account is transferred to the Live Account:
- Calculate account maintenance margin amount
The maintenance margin amount of the account with a single position = Σ (margin occupied by the position order of the single account × the maintenance margin amount of this order product) + Σ (margin occupied by the entrustment order of the single account), that is, the margin occupied by a single position order × the maintenance margin rate of this order product and the sum of all orders + the occupied margin of the order entrustment.
Maintenance margin rate for order products: usually 100%, but during the market close period (including holidays), the maintenance margin rate for U.S. stocks and Hong Kong stocks is adjusted to 200% (for details, please refer to the * Maintenance Margin Rate Table)
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Calculate available amount
The available amount of the account with orders transferred to the Live Account = the balance of the account with orders or the lower value of [the net value of the account with orders - the maintenance margin amount of the account with orders].
1) If the calculation result ≤ 0, the available amount is 0
2) If the calculation result > 0, the available amount is this value
2.4. Calculation of the available amount for single-account transactions (i.e. available margin for transactions):
Available amount for Live Account trading = Live Account equity - Sum of margins occupied by Live Account position orders - Sum of margins occupied by entrustment orders of single accounts
3. Related to copying accounts
3.1. Calculation of available amount when copying traders:
Refer to 1.1. Calculation of available amount when withdrawing funds from standard accounts
3.2. Calculation of available amount when adding funds:
Refer to 1.1. Calculation of available amount when withdrawing funds from standard accounts
3.3. Calculation of available amount when withdrawing funds from copying traders:
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Calculation of account maintenance margin
Maintenance margin amount of copying account = Σ(margin occupied by copying account open orders × maintenance margin rate of the order product) + Σ(margin occupied by copying account entrustment orders), that is, the sum of all orders of single open order occupied margin × maintenance margin rate of the order product + margin occupied by entrustment orders.
Order product maintenance margin rate: usually 100%, but during the market closure period (including holidays), the maintenance margin rate of US stocks and Hong Kong stocks is adjusted to 200% (for details, please refer to *Maintenance margin rate table).
- Calculate the available amount
Copy account The available amount of funds withdrawn from the copy trader = the lower value of the copy account balance or [copy account net value - copy account maintenance margin amount].
1) If the calculation result is ≤ 0, the available amount is 0
2) If the calculation result is > 0, the available amount is this value
What is the maintenance margin rate?
The maintenance margin rate refers to the minimum proportion of funds that traders must maintain in their trading accounts during margin trading. It is a risk management tool designed to ensure that traders have sufficient funds to cover losses that may be caused by market fluctuations. Normally, VSTAR's maintenance margin rate is 100%, but in specific scenarios and at specific times, such as withdrawals, transfers from standard accounts to trader accounts, and copy trading, some products will be increased to 200% during market holidays (including holidays). The following is a table of specific product maintenance margin rates (this table will be updated from time to time):
* Maintenance Margin Rate Table
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