FAQ

Brokerage Charges FAQ

  • 01. SGX Brokerage Rates

    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.

  • 02. Cash Collateralised Trading Account Brokerage Rates

    SGX Online Brokerage Rates
    Commission 0.18%
    Minimum Commission SG$18
    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
  • 03. Share Margin Financing Account Brokerage Rates

    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%
  • 04. Contract For Difference Account Brokerage Rates

    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.

  • 05. Standard Non-IntraDay US Markets Brokerage Rates

    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) 0.00207% (w.e.f. 12 April 2019) 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

  • 06. Intra-Day Active Trader Program (ATP) US Markets Brokerage Rates

    Intra-Day Trade Value Intra-Day ATP Brokerage
    Price x Quantity Minimum USD$10
    US$30,000 Capped at USD$20
    US$30,001 > 0.3%
    Other Charges US$
    GST Brokerage x prevailing GST % rate
    Sales Tax (for SELL order only) 0.00207% (w.e.f. 12 April 2019) 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.

  • 07. HK Market Brokerage Rates

    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%
    Financial Transaction Tax
    (effective for Italian counters from 1 March 2013)
    (Buy Trades) Additional 0.22% on gross proceeds

    *Subject to Changes

  • 08. SH-HK Stock Connect Online Brokerage Rates

    SH-HK Stock Connect Online Brokerage Rates
    Commission 0.25%
    Minimum Commission CNY 88
    GST Brokerage 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)
  • 09. Bursa Malaysia Online Brokerage Rates

    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

  • 10. What are the Online Foreign Market Brokerage Rates

    01. Australia
    Commission 0.8%
    Minimum Commission S$70
    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$80
    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 0.5% 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