How does Just2Trade calculate the Margin Interest Rate?
The margin interest rate is charged monthly but calculated on a daily
basis for a 360-day year; the daily cost is based on your debit at the end of
each day. You can calculate the daily cost by multiplying the amount you have
borrowed by the Current Interest Rate divided by 360. Daily Cost = (Amount
Borrowed) x (Current Interest Rate/360). Please click on the
Margin Interest Rate to find your Current Interest Rate.