How to calculate Daily Leverage Fee?
Daily Leverage Fee is a fee charged daily to your 2x leveraged account after the market closes if you hold leveraged US stock holdings after the market closes. This fee will be charged daily, including weekdays and weekends.
Here are the daily leverage fees available at Pluang.
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Pluang Reguler |
Pluang Plus |
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0,0208% /day (7,5% per year)* Daily Leverage Fees Formula: 7,5% / 360 days x units x price (USD)
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0,0125% /day (4,5% per year)* Daily Leverage Fees Formula: 4,5% / 360 days x units x price (USD) |
*Daily Leverage Fees are subject to change in accordance with changes in the Federal Funds Rate as adjusted by the Federal Open Market Committee (FOMC)*, and may change at any time without prior notice at Pluang's discretion.
*Last updated 26 December 2025.
The Daily Leverage fee rates above are valid from December 26, 2025.
Here is the Daily Leverage Cost formula:
(Number of Shares x Last Closing Price) x (Annual Interest / 360)
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Total Shares: Is the number of shares you own.
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Last Closing Price:It is the stock price at the time of the stock exchange closing. This price can change every day.
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Annual Interest is an annual interest of 5.25% for Pluang Plus users and 8.25% for regular users.
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360is the number of days in a year for interest calculations.
Example:
You buy 1 unit of ABC stock at $100.00 (so you only pay $50.00) and the current interest rate is 7.5%. When the market closes and you still own the stock, you will be charged the Daily Leverage Fee.
Here is the calculation for Daily Leverage Cost based on the example above if the price closes at $120.00:
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Pluang Plus |
Pluang Reguler |
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(Number of Shares x Last Closing Price) x (Annual Interest / 360) (1 x $120) x (4,5% / 360) = $0,02. |
(Number of Shares x Last Closing Price) x (Annual Interest / 360) (1 x $120) x (7,5% / 360) = $0,03. |