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Anonymous

12 May 2021

General Investing

Moomoo margin account risk level

Hi, I’ve recently opened a Moomoo account, deposited SGD and bought some SGX stocks.

When I went to view my “Account Details”, there is a “Risk Level” section at the bottom with the following headings:

  1. Current state
  2. Initial Margin
  3. Margin-call Margin
  4. Maintenance Margin.

Qn: Should I be concerned about the above if I always buy stocks with sufficient amount of cash in my account? Thank you!

Discussion (1)

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Oh ChengKok

12 May 2021

Financial Services Consultant at AIA Singapore

As long as you buy stocks with sufficient cash, you wouldn't need to worry about margins. (as u are not borrowing any money to finance anything).

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