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Lim & Tan Securities flexible Share Margin Financing Account allows you to choose either a longer interest free period or lower brokerage rates, similar to our attractive Online Brokerage rates. To open an account, you can contact your remisier/dealer, our Online Trading Helpdesk on 6799 8188 or our Margin Department on 64370139/120/147/165.
Option 1: Lower Brokerage
| Attractive Online Brokerage Structure | ||
| Contract Size ($) | Online Rates | Effective Rates Less Mileage |
| Up to 50K | 0.28% | 0.266% |
| > 50K to 100K | 0.22% | 0.209% |
| > 100K | 0.18% | 0.171% |
- Minimum brokerage $25. Effective minimum brokerage after limtan Reward Points is $23.75.
- Brokerage for margin trades under this option is entitled to the 5% cash rebates under limtan Reward Programme. Alternatively, you may opt to join Plus! programme to earn LinkPoints. LinkPoints earned are eligible only for brokerage payment and reduction of drawdown.
- No interest free period. i.e. Interest for Share Margin Financing will commence from due date of share purchase.
Option 2: Longer Settlement Period
- Longer settlement period of up to 14 interest-free days from purchase date.
- Competitive interest-free days from purchase date.
- Brokerage rates charged are as follows:
| Contract Size ($) | Online Rates for Margin Account |
| Up to 50K | 0.4% or $25 whichever is higher |
| > 50K to 100K | 0.32% |
| > 100K | 0.20% |
- Minimum brokerage $25.
- Brokerage for margin trades under this option are not entitled to the 5% cash rebates under our limtan Reward Programme.
Plus! programme is not applicable for this option.
Terms & Conditions
1. All decisions made by Lim & Tan Securities on matters concerning this program are final.
2. All terms and conditions pertaining to Share Margin Financing Account shall apply.
3. Lim & Tan Securities reserves the right to amend, delete or vary the above terms and conditions without prior notice.