FAQ

Brokerage Charges FAQ

  • 01. SGX Market 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
    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

  • 03. Share Margin Financing Account Brokerage Rates

    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%

  • 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. Contract For Difference Foreign Markets Brokerage Rates

    Charges for the following markets:
    Market Commission Minimum Commission Position Finance Charge
    Australia 0.20% AUD 15 Long 6.5% per annum
    Canada CAD 0.20 per share CAD 20 Long 8.5% per annum
    China 0.30% USD 15 Long 8.0% per annum
    Europe 0.45% EUR 20 Long 5.5% per annum
    Hong Kong 0.33015% HKD 100 Long 8.25% per annum
    Indonesia 0.35% USD 15 Long 8.0% per annum
    Japan 0.30% JPY 2000 Long 3.5% per annum
    London 0.35% GBP 15 Long 7.0% per annum
    Malaysia 0.40% USD 15 Long 8.0% per annum
    Thailand 0.25% USD 15 Long 8.0% per annum
    US For Price <USD 21
    For Price >USD 21    		 USD 0.03 per share
    0.20%    		 USD 15
    USD 15    		 Long 8.25% per annum
    All Short 4.0% per annum
    Other Charges HK$
    Stamp Duty HK$1.30 per HK$1,000

    • Rates are applicable to both long and short contracts.
    • Prevailing GST applies.
    • Finance charges on outstanding positions are debited daily.

    *Charges are subject to change from time to time.

  • 06. 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 + 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) 0.0008% (w.e.f. 23 Feb 2023) x Total Value (Total Value = Price x Quantity)
    US Trading Activity Fee (for SELL order only) US$0.000145 per share (Subject to minimum US$0.01 and maximum US$7.27 per contract) (w.e.f. 1 Jan 2023)
    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.

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

    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) 0.0008% (w.e.f. 23 Feb 2023) x Total Value (Total Value = Price x Quantity)
    US Trading Activity Fee (for SELL order only) US$0.000145 per share (Subject to minimum US$0.01 and maximum US$7.27 per contract) (w.e.f. 1 Jan 2023)

    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.

  • 08. Standard Non-IntraDay 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 + Stamp Duty + SFC & FRC Transaction Levy + Trading Fee + CCASS Fee + Financial Transaction Tax*] x prevailing GST rate
    Stamp Duty HK$1.30 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

  • 09. Intra-Day Active Trader Program (ATP) HK Market Brokerage Rates

    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$1.30 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

  • 10. SH-HK Stock Connect Online Brokerage Rates

    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

  • 11. Bursa Market brokerage rates

    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

  • 12. Online Foreign Markets Brokerage 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 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 0.8%
    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 0.2%/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