What is Intraday Leverage Plus

1. What is Intraday Leverage Plus

Intraday trading is a strategy where traders open and close positions within the same trading day.

Intraday Leverage Plus is a feature designed specifically for day traders. With higher leverage, it allows you to control larger positions while investing only a small portion of your capital.

2.  How to Apply

You are eligible to apply for Intraday Leverage Plus if you meet the following criteria:

• Member Level: V3 or above.

• Credit Record: Your trading activity during the past year (from the date you registered your interest) complies with the platform’s risk control requirements.

Application Process: If you meet the eligibility requirements, simply click here to submit your application: Apply for Intraday Leverage Plus. The review process usually takes 3–5 business days. Once your application is approved, your account will be updated automatically. You will be notified via in-app message and email, and the applicable margin requirements and related parameters will be reflected in your account.

3.  Supported Markets and Products

Note: Moomoo SG is continuously expanding its coverage to more markets and product categories. When new markets or products become available, users with existing access will automatically be granted access. No additional application is needed.

4. Trading Hours for Intraday Leverage Plus（Singapore Time）

5.  Intraday and Overnight Margin Ratios

After enabling Intraday Leverage Plus, you'll see two sets of margin ratios on the stock quotes page for eligible stocks:

• Intraday Ratio: Applicable only during intraday trading. This ratio typically offers higher leverage, allowing you to trade with less capital.

• Overnight Ratio: The standard margin required during non-intraday sessions.

6.  How Intraday and Overnight Margins Are Calculated

After enabling Intraday Leverage Plus, you'll see both intraday and overnight margin ratios for Initial Margin, Maintenance Margin, and Excess Liquidity. This helps you manage your current trading capacity and overnight risk.

• Intraday Margin

• Meaning: Dynamically calculated based on the current time. It uses the lower Intraday Margin Requirement during intraday hours and the Overnight Margin Requirement during non-intraday hours.

• Function: Reflects whether your account is currently at risk or if you can open new positions.

• Overnight Margin

• Meaning: A reference value that's always calculated using the Overnight Margin Requirement, regardless of the current time.

• Function: This is an alert reference. It reflects your account's risk status without the Intraday Leverage Plus benefit. It helps you assess the feasibility of holding positions overnight in advance, avoiding liquidity issues or risk control triggers due to insufficient funds for overnight requirements.

Example Scenario

Let's say you own Stock A worth $10,000. The stock has:

• An Intraday Maintenance Margin Ratio of 25%

• An Overnight Maintenance Margin Ratio of 30%

7. How Intraday Leverage Plus Affects Buying Power

When using Intraday Leverage Plus, the system applies the Intraday Initial Margin Requirement to calculate your maximum buying power. Typically, your maximum buy/sell quantity is higher during intraday hours than overnight, depending on two key factors:

Key Factors

• Order Stock (Stock You Wish to Trade): Whether the stock you are about to trade is within intraday hours and supports Intraday Leverage Plus.

• Holding Stock (Stocks You Already Hold): Whether the stocks in your portfolio are within intraday hours and support Intraday Leverage Plus.

How It Works

If either of the above conditions is met, your buying power calculation changes as follows:

• Order Stock qualifies: The margin required for the trade is reduced, allowing you to buy more shares of that stock.

• Holding Stock qualifies: The margin required for your existing positions is reduced, freeing up additional available funds (buying power), which increases your buy/sell quantity for all eligible stocks.

Note: If neither condition is met, the margin requirements for intraday and overnight remain the same, and you do not receive any Intraday Leverage Plus advantage.

Example Scenarios

8. What Happens When the Intraday Session Ends?

To ensure you can safely hold positions overnight, we recommend checking whether your ELV meet the overnight requirements before the intraday session ends. The system will also send alerts if an overnight risk is detected.

Once the intraday session ends, the system immediately uses the Overnight Margin Requirement for risk control calculations:

• If Funds are Sufficient: Your positions will be retained overnight as normal. No action is needed.

• If Funds are Insufficient: This means your account does not meet the Overnight Requirement. The risk control system will operate, any unfilled orders may be automatically cancelled, and your positions may be force-liquidated to cover the shortfall.