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

Standard Non-Intraday US Markets Online Brokerage Rates

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

Other Charges	US$
GST	[Brokerage + Sales Tax (for SELL order only) + US Trading Activity Fee (for SELL order only) + Financial Transaction Tax] x prevailing GST rate
Sales Tax (for SELL order only)	0.00278% x Total Value (Total Value = Price x Quantity) [w.e.f. 20 May 2024]
US Trading Activity Fee (for SELL order only)	US$0.000166 per share (Subject to minimum US$0.01 and maximum US$8.30 per contract) (w.e.f. 1 Jan 2024)
Financial Transaction Tax	0.3% (Buy orders only, applicable for French/Italian ADRs)

*Subject to Changes

Additional charges:

10% gross proceeds withholding on sales of PTPs by non-US resident account holders, unless a qualified notice exception is provided by a Publicly Traded Partnerships (PTP).

Please click here to view the list of PTPs.

Standard Non-Intraday HK Market Online Brokerage Rates

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

Other Charges	HK$
GST	[Brokerage + Stamp Duty + SFC & FRC Transaction Levy + Trading Fee + CCASS Fee + Financial Transaction Tax*] x prevailing GST rate
Stamp Duty	HK$1.00 per HK$1,000
SFC & FRC Transaction Levy	0.00285%
Trading Fee	0.00565% (w.e.f. 1 Jan 2023)
CCASS Fee	0.002% (Minimum HK$2.00, Maximum HK$100)
Financial Transaction Tax* (applicable for Italian counters)	(Buy Trades) Additional 0.10% on gross proceeds

*Subject to Changes

Bursa Market Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.25% per trade	0.2375%
Minimum Commission	MYR 40	MYR 38

Other Charges	MYR
GST	[Brokerage + Stamp Duty + Clearing Fee] x prevailing GST rate
Stamp Duty	MYR 1.00 per MYR 1,000
Clearing Fee	0.03% of Trade Value (Subject to a maximum of MYR 1000 per contract)

*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 + Stamp Duty + Handling Fee + Securities Management Fee + Transfer Fee] x prevailing GST rate
Stamp Duty	0.05% of the consideration of a transaction on the seller (SAT)
Handling Fee	0.00341% 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) 0.001% of the consideration of the transaction per side (ChinaClear) (ii) 0.002% of the consideration of the transaction per side (HKSCC)

*Subject to Changes

You are also eligible to earn Reward Points for brokerage paid to LTS for online trades made under CCT account. Click here for more information on our Rewards Programme.

Option 1: Lower Brokerage

SGX Market: Attractive Online Brokerage Rates

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%
Minimum $25		$23.75

US Markets: Attractive Online Brokerage Rates

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

HK Market: Attractive Online Brokerage Rates

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

Bursa Market: Attractive Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.25% per trade	0.2375%
Minimum Commission	MYR 40	MYR 38

*Subject to Changes

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 + Sales Tax (for SELL order only) + US Trading Activity Fee (for SELL order only) + Financial Transaction Tax] x prevailing GST rate
Sales Tax (for SELL order only)	0.00278% x Total Value (Total Value = Price x Quantity) [w.e.f. 20 May 2024]
US Trading Activity Fee (for SELL order only)	US$0.000166 per share (Subject to minimum US$0.01 and maximum US$8.30 per contract) (w.e.f. 1 Jan 2024)
Financial Transaction Tax	0.3% (Buy orders only, applicable for French/Italian ADRs)

*Subject to Changes

Additional charges:

10% gross proceeds withholding on sales of PTPs by non-US resident account holders, unless a qualified notice exception is provided by a Publicly Traded Partnerships (PTP).

Please click here to view the list of PTPs.

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 + Sales Tax (for SELL order only) + US Trading Activity Fee (for SELL order only)] x prevailing GST rate
Sales Tax (for SELL order only)	0.00278% x Total Value (Total Value = Price x Quantity) [w.e.f. 20 May 2024]
US Trading Activity Fee (for SELL order only)	US$0.000166 per share (Subject to minimum US$0.01 and maximum US$8.30 per contract) (w.e.f. 1 Jan 2024)

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.

Additional charges:

10% gross proceeds withholding on sales of PTPs by non-US resident account holders, unless a qualified notice exception is provided by a Publicly Traded Partnerships (PTP).

Please click here to view the list of PTPs.

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 + Stamp Duty + SFC & FRC Transaction Levy + Trading Fee + CCASS Fee + Financial Transaction Tax*] x prevailing GST rate
Stamp Duty	HK$1.00 per HK$1,000
SFC & FRC Transaction Levy	0.00285%
Trading Fee	0.00565% (w.e.f. 1 Jan 2023)
CCASS Fee	0.002% (Minimum HK$2.00, Maximum HK$100)
Financial Transaction Tax* (applicable for Italian counters)	(Buy Trades) Additional 0.10% on gross proceeds

*Subject to Changes

Intra-day Trade Value	Intra-day HK ATP Brokerage	Effective Rates* (Less 5% Mileage)
Price x Quantity	Minimum HK$80	Minimum HK$76
HK$200,000	0.12%	0.114%
HK$200,001 >	0.25%	0.2375%

Other Charges	HK$
GST	[Brokerage + Stamp Duty + SFC & FRC Transaction Levy + Trading Fee + CCASS Fee + Financial Transaction Tax*] x prevailing GST rate
Stamp Duty	HK$1.00 per HK$1,000
SFC & FRC Transaction Levy	0.00285%
Trading Fee	0.00565% (w.e.f. 1 Jan 2023)
CCASS Fee	0.002% (Minimum HK$2.00, Maximum HK$100)
Financial Transaction Tax* (applicable for Italian counters)	(Buy Trades) Additional 0.10% 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 + Stamp Duty + Handling Fee + Securities Management Fee + Transfer Fee] x prevailing GST rate
Stamp Duty	0.05% of the consideration of a transaction on the seller (SAT)
Handling Fee	0.00341% 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) 0.001% of the consideration of the transaction per side (ChinaClear) (ii) 0.002% of the consideration of the transaction per side (HKSCC)

*Subject to Changes

Online Brokerage Rates

Contract Size	Rates*	Effective Rates* (Less 5% Mileage)
Commission	0.25% per trade	0.2375%
Minimum Commission	MYR 40	MYR 38

Advisory Brokerage Rates

Contract Size	Rates*
Commission	0.3% per trade
Minimum Commission	MYR 50

Other Charges	MYR
GST	[Brokerage + Stamp Duty + Clearing Fee] x prevailing GST rate
Stamp Duty	MYR 1.00 per MYR 1,000
Clearing Fee	0.03% of Trade Value (Subject to a maximum of MYR 1000 per contract)

*Subject to Changes

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	11% on commission
Transaction Levy Rate	0.0433%
Remittance Charge	Rp 200,000
Stamp Duty (for contract value >Rp 10 million)	Rp 10,000

Note:
Additional Tax of 0.1% imposed on sale proceeds

05. Japan

Commission	0.65%
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 0.2%/12 subject to a minimum of S$2 per month (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