Brokerage Charges FAQ

Online Trading Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Minimum $25		$23.75
Up to $50,000	0.28%	0.266%
> $50,000 - $100,000	0.22%	0.209%
> $100,000	0.18%	0.171%

*Subject to Changes

Advisory Trading Rates

Contract Size	Rates*
Minimum S$40
Up to $50,000	0.50%
> $50,000 - $100,000	0.40%
> $100,000	0.25%

*Subject to Changes

Shares traded on SGX under Clob International

Contract Size			Rates*
Settlement in AUD	Settlement in HKD	Settlement in USD
Up to AUD50k	Up to HKD200k	Up to USD25k	0.28%
>AUD50K to AUD100K	>HKD200K to HKD400K	>USD25K to USD50K	0.22%
>AUD100K	>HKD400K	>USD50K	0.18%;
Minimum Brokerage			AUD25 HKD100 USD12.50

*Subject to Changes

Additional charges:

SGX Trading Fee¹ (Contract Value x 0.0075%)
CDP Clearing Fee² (Contract Value x 0.0325%)
SGX Settlement Fee (S$0.35 or equivalent in foreign currency per contract)
GST ((Brokerage + SGX Trading Fee + Clearing Fee + SGX Settlement Fee) x prevailing GST rate)

¹except for Structured Warrants which will be at 0.001% of trade value.
²except for Structured Warrants which will be at 0.004% of the contract value with no cap.

SGX will waive Clearing Fees for all Exchange Traded Funds (ETFs) traded on SGX from 1 June - 31 December 2015

Please click here to download a copy of the Schedule of Charges.

SGX Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.18%	0.171%
Minimum Commission	S$18	S$17.10

Other Charges	S$
SGX Trading Fee	Contract Value x 0.0075%
CDP Clearing Fee	Contract Value x 0.0325%
SGX Settlement Fee	S$0.35 or equivalent in foreign currency per contract
GST	(Brokerage + SGX Trading Fee + Clearing Fee + SGX Settlement Fee) x prevailing GST rate

*Subject to Changes

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%

Option 2: Longer Settlement Period

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%

Brokerage tier for Online CFD Trades:

Contract Size	Brokerage Rates*	Effective Rates Less Mileage
Min. Brokerage	S$18	S$17.10
Up to S$20,000	0.22%	0.209%
> S$20,000 to S$50,000	0.18%	0.171%
> S$50,000	0.15%	0.1425%

Brokerage tier for CFD Trades placed through your Trading Representative:

Contract Size	Brokerage Rates*
Min. Brokerage	S$30
Up to S$20,000	0.35%
> S$20,000 to S$50,000	0.30%
> S$50,000	0.25%

• For opening a long position, the finance charge of 6.5% per annum will be levied. (The interest-free period will be up to T+2 market days.)
• For opening a short position, the finance charge of 4% per annum will be levied. (The interest-free period will be up to T+2 market days.)
• For all closing positions, the brokerage charge will apply.

*Charges are subject to change from time to time.

Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.3% per trade	0.285%
Minimum Commission	US$20	US$19

Advisory Brokerage Rates

Contract Size	Rates*
Commission	0.3% per trade
Minimum Commission	US$20

Other Charges	US$
GST	Brokerage x prevailing GST % rate
Sales Tax (for SELL order only)	0.00221% (w.e.f. 13 February 2020) x Total Value (Total Value = Price x Quantity)
US Trading Activity Fee (for SELL order only)	US$0.00012 per share
Financial Transaction Tax	0.3% (Buy orders only, applicable for French/Italian ADRs)

*Subject to Changes

Intra-Day Trade Value	Intra-Day ATP Brokerage
Price x Quantity	Minimum US$10
US$30,000	Capped at US$20
US$30,001 >	0.3%

Other Charges	US$
GST	Brokerage x prevailing GST % rate
Sales Tax (for SELL order only)	0.00221% (w.e.f. 13 February 2020) x Total Value (Total Value = Price x Quantity)
US Trading Activity Fee (for SELL order only)	US$0.00012 per share

ATP special brokerage is applicable to trade value (price x quantity) of up to US$30,000. Trade value above US$30,000 will be charged the usual US brokerage rate of 0.3%.

To qualify, client has to transact a minimum of 4 Online trades by buying and selling the same counter within the same trading day, these will be counted as 2 trades for the purpose of determining the minimum 4 qualifying Online trades.

Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.25%	0.2375%
Minimum Commission	HK$100	HK$95

Advisory Brokerage Rates

Contract Size	Rates*
Commission	0.35%
Minimum Commission	HK$100

Other Charges	HK$
GST	Brokerage x prevailing GST % rate
Stamp Duty	HK$1.00 per HK$1,000
Transaction Levy Rate	0.0027%
Trading Fee	0.005%
CCASS Fee	0.002% (Minimum HK$2.00, Maximum HK$100)
Financial Transaction Tax (effective for Italian counters from 1 March 2013)	(Buy Trades) Additional 0.22% on gross proceeds

*Subject to Changes

SH-HK Stock Connect Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.25%	0.2375%
Minimum Commission	CNY 88	CNY 83.60

Other Charges	CNY
GST	(Brokerage + Trading Fee + Clearing Fee) x prevailing GST rate
Stamp Duty	0.1% of the consideration of a transaction on the seller (SAT)
Handling Fee	0.00487% of the consideration of a transaction per side (SSE)
Securities Management Fee	0.002% of the consideration of the transaction per side (CSRC)
Transfer Fee	(i) 0.002% of the consideration of the transaction per side (ChinaClear) (ii) 0.002% of the consideration of the transaction per side (HKSCC)

*Subject to Changes

The charges are as follows:

Commission Rate: 0.5% for all Contract Value (Price x No. of Shares), subject to a minimum of RM60

Contract Stamp: 0.1% of Trade Value (Subject to a Max. of RM 200) and rounding off to the nearest dollar. For example, RM1.20 will be rounded up to RM2.

Clearing Fee: 0.03% of Trade Value subject to a maximum of RM1000 per contract.

Subject to prevailing GST rates

01. Australia

Commission	0.8%
Minimum Commission	S$80
Remittance Charge	AUD$25

02. China "B" (Shanghai)

Commission	0.95%
Minimum Commission	S$80
Stamp Duty	0.30%
Service Charges	0.15% (min US$35)

03. China "B" (Shenzhen)

Commission	0.95%
Minimum Commission	S$75
Stamp Duty	0.30%
Service Charges	0.15% (min US$35)

04. Indonesia Market

Commission	0.75%
Minimum Commission	S$80
VAT	10% x Commission
Transaction Levy Rate	0.043%
Remittance Charge	IDR 200,000

Note:
Additional Tax of 0.1% imposed on sale proceeds

05. Japan

Commission	0.8%
Minimum Commission	S$70
Remittance Charge	Yen 1,500

06. Korea

Commission	1%
Minimum Commission	S$90
Remittance Charge	WON 30,000

Note:
Sales: Additional Sales Tax of 0.3% imposed on sales proceeds (for board lot) and 0.5% imposed on sales proceeds (for odd lot)

07. Philippines

Commission	1.0%
Minimum Commission	S$90
VAT	12% x Commission
SCCP Fees	Gross Amt x 0.01%
Remittance Charge	PHP 1,000/trade

Note:

Registration fee of PHP 1,000/trade

Sales: Additional Sales Tax of 0.6% imposed on sales proceeds.

Depository Fee: Portfolio value x 0.00000833 (based on month end portfolio value)

08. Taiwan

Commission	0.8%
Minimum Commission	S$100
Remittance Charge	NTD 800
Transaction Fee	NTD 1,500

Note:

Sales: Additional Tax of 0.3% imposed on sales proceeds

Custody Fee: Portfolio Value of 0.1%/12 (Based on month end portfolio value)

09. Thailand

Commission	0.7%
Minimum Commission	S$90
VAT	Gross Amount x 0.014%
Remittance Charge	THB 1,000