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In credit transactions, you can buy and sell money and shares from the securities company.
In order to borrow money for credit purchase, the interest rate is included, and the loan fee is included in the credit sale.
It is important to understand interest rates, loans, and reverse-day walking, as beginners tend to see only profits for buying and selling.
What is credit transaction?
What is credit transaction?
“Transactions to borrow funds and shares from securities companies”
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In real trading, you can prepare your own funds to buy shares. On the other hand, credit transactions involve deposits and purchases by borrowing money and shares from securities companies.
| 項目 | Real Trading | Credit |
|---|---|---|
| Required Funds | In principle, a full amount is required | Trade with deposit |
| Shop | Not basic | Available |
| Loan Cost | None | Interest rate and rental fee |
| Risks | The scope of the unit | There is also a loss enlargement in leverage |
The basics of credit transactions are the cost of borrowing.
Rent = Exp sInterest rate
Interest rate is the cost of borrowing money.
Mainly generated by credit purchase.
In credit purchase, you will buy a stock by borrowing the purchase funds from the securities company. Therefore, the interest rate cost will be increased according to the amount borrowed and the number of days held.
For example:
- Credit: 1,000,000 yen
- Interest rate: 3% per year
- Number of days held: 30 days
In general, I think:
Interest cost = 1,000,000 yen × 3% × 30 days ÷ 365 daysIn this example, about 2,466 yen is an estimate of interest rate cost. Actual calculation method and end count processing depends on the securities company.
About rental fee
The rental fee is the cost of renting a share.
Mainly, it is generated by credit sales, i.e. by empty sales.
We rent stocks from securities companies and sell them later. There is a rental fee for this "renting a share".
If the interest rate is the rental fee of the money, the rental fee is the rental fee of the stock.
Differences between interest rates and loan fees
What are the differences between interest rates and loans?
| 項目 | Tag | Rental fee |
|---|---|---|
| Rent | Money | Company |
| Major Transactions | Buy Credit | Contact Us |
| 性質 | 利息 | Stock Rental Fee |
| Impact | Starting at the number of days held | Starting at the number of days held |
The longer the retention period, the greater the burden.
Why important?
In credit transactions, the cost is increased just by holding it.
In the case of stock, interest rates and rental fees will not occur if you own stock.
However, the more the number of shares held, the more the interest rate and the rental fee will be charged.
For example, even if the profit is 5,000 yen, if it is 2,500 yen such as interest rate and stock rental, the substantial profit will be reduced.
| 項目 | Price |
|---|---|
| Purchase | +5,000 yen |
| Interest Rate | -2,500yen |
| Real Profit | +2,500 yen |
It is important to think not only profit but also cost reduction.
Easy-to-understand points for beginners
1. may not be suitable for long-term holding
Credit transactions are costly depending on the number of days held.
For this reason, long-term and interest rates and rental fees are piled up.
Of course, it depends on the market and strategy, but beginners need to check the cost before using credit trading as a tool for long-term ownership.
2. Notes on back-to-day sales
In addition to the rental fee, there is a possibility that there is a reverse walk.
Reversed daily life is an additional cost that occurs when a stock shortage occurs.
In the case of emptied stocks, shareholder benefits, and supply and demand biased in particular, there is a possibility that the reverse-day walk will increase.
Please check not only the rental fee but also the reverse day.
3. Different conditions with system credit and general credit
Credit transactions include system credit and general credit.
The handling of interest rates, loan fees, repayment deadlines, and retrospectives depends on the trading segment.
| 区分 | How to check |
|---|---|
| Legal Notice | Repayment period, reverse-day, target symbol |
| General Credit | Interest rate, rental fee, repayment deadline, inventory status |
証券ation is required before ordering because the conditions differ for each securities company.
Practical Approach
Beginners can easily understand credit transactions as follows:
“Credit trading is cost-effective leverage”
Credentials have a risk of holding costs and increasing losses while dealing with small funds.
The points you want to check are as follows:
- Interest rate if you buy credit
- Stock Price
- Back to Back
- Number of days
- Purchase fee
- Repayment period
Let’s calculate not only profits but also cost s before trading.
Common misunderstandings
| misunderstanding | In fact |
|---|---|
| Free Credit | Interest rate and rental fee required |
| See only profit | Need to deduct the cost of ownership |
| Easy to sell | There is a risk of borrowing, reverse-day walking and stepping |
| No cost if you repay immediately | It may cost depending on the condition even on daily |
| Same as any securities company | Interest rate and rental fees vary by company |
In credit transactions, costs vary depending on what you borrow.
Interest rate is included in credit buy. The loan fee is included in the credit sale.
In addition, it is possible to go back and forth by empty sales.
For beginners, check the following three:
- Check the credit interest rate of the securities company
- Check whether the rental fee is reversed
- Cal the cost of each number of days
Credentials are important not only for profits but also for cost management. Make sure to check how many days you have before trading.