Interest Policies in Cross Margin and Isolated Margin Modes
In both cross margin and isolated margin modes, when users incur liabilities, corresponding interest will be generated. The details are as follows:
Cross Margin Mode
In cross margin mode, all assets in the user's account are considered as a whole to offset liabilities. If liabilities are incurred during trading, interest will be calculated on this part of the liabilities and deducted on the hour.
Isolated Margin Mode
In isolated margin mode, the assets and liabilities for each trading pair or contract are calculated independently. Liabilities incurred on a particular trading pair will only be offset by the assets of that pair. Liabilities in isolated margin mode will also accrue interest and be deducted.
Interest-Free Threshold for Cross-Currency and Portfolio Margin Accounts
For cross-currency and portfolio margin accounts in cross margin mode, we offer an interest-free threshold. Specifically:
Unrealized profits and losses within the interest-free threshold will not generate interest.
When unrealized profits and losses exceed the interest-free threshold, the excess will accrue interest at the standard rate.
Interest Calculation and Deduction Mechanism
To ensure users understand the details of interest calculation and deduction, we provide the following information:
Timing of Interest Calculation and Deduction:
Liabilities incurred by users in both cross margin and isolated margin modes will have interest recorded hourly on the hour.
Interest is calculated based on the hour, and interest is deducted every hour.
The interest calculation period lasts for 10 minutes, during which new liabilities will also be included in the interest calculation.
Examples of Interest Calculation and Deduction:
Suppose a user incurs a borrowing action at 22:55; interest will not be recorded at that time.
At 23:00, interest on the liabilities will be calculated and deducted.
If the user repays the borrowing at 22:57, no interest will be incurred for that borrowing action.
Conclusion
The CRMClick.io platform aims to provide users with a fair and transparent trading environment. With clear interest calculation and deduction policies, users can better manage their liabilities and interest costs, ensuring a smooth and efficient trading process. We will continue to optimize our platform and services to meet the evolving needs of our users.
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