LOCAL STOCK MARKET |
PhillipMart(Grey Market) PhillipMart is the first trading platform licensed by the Securities and Futures Commission (SFC) to provide trading of pre-IPO shares prior to their official listing on the SEHK. Its trading hours from 4:15pm to 6:30pm one business day prior to the official listing date of the new shares. For Half trading day, the trading hour of Phillipmart is from 2:15 p.m to 4:30 p.m. |
Brokerage |
Buy-side: Minimum 0.05% of Transaction Amount / HKD 10* New promotion: Customers who purchase the same share during trading hours of PhillipMart, the commission rate of the first HK$1,000,000 transaction amount is HK$ 0.**Detail Day Trade (sell share quantity < buy share quantity in Grey Market) : Minimum 0.05% of Transaction Amount / HKD10*
Fee Table for PhillipMart Period
Buy Side Commission |
Sell Side Commission |
First HK$ 1,000,000 transaction** |
PhillipMart Day Trade |
Others |
HK$ 0 |
0.05% / min. HK$ 10 |
HK Local Stock Commission Fee |
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* Day Trade refers to sell orders that offset your buy order on the same day via Phillipmart; sell share quantity < buy share quantity in Grey Market. Transactions which enjoy special offer are calculated separately with general transaction fee.
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Hong Kong Shares |
Exchange Traded Funds(ETF) |
Brokerage |
Exchange Traded Funds(ETF) For online trading and E-statement clients only: Effective on 1st April 2022, $0 commission charge on buy trades of up to amount HKD 30,000 (after amalgamation) per day; trades amount above HKD 30,000 or sell trades will follow the charges as below: 0.08% of Transaction Amount (No Minimum Charge) Day Trade: 0.05% of Transaction Amount (No Minimum Charge) 0.25% of Transaction Amount (Min. HKD 100, whichever higher)
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Stamp Duty |
None |
Transaction Levy |
0.00285% of Transaction Amount (Include 0.0027% SFC Transaction levy and 0.00015% AFRC Transaction levy; those Levy fees rounded to the nearest cent and calculated separately; Effective on 1st January 2022) |
Transaction Fee |
0.00565% of Transaction Amount (Effective on 1st January 2023) |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
Warrant and CBBC |
Brokerage |
Warrant and CBBC For online trading and E-statement clients only: Day Trade Offer: 0.03% of transaction amount(Min. HKD 15) Non Day Trade: Minimum charge for. HKD 15. 0.05% after first HKD 50,000 transaction amount
Note:Day trade offer applies to on-line transaction for same Warrant / CBBC in a same day
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Stamp Duty |
None |
Transaction Levy |
0.00285% of Transaction Amount (Include 0.0027% SFC Transaction levy and 0.00015% FRC Transaction levy; those Levy fees rounded to the nearest cent and calculated separately; Effective on 1st January 2022) |
Transaction Fee |
0.00565% of Transaction Amount (Effective on 1st January 2023) |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
HK government-issued iBond and Retail Green Bonds, Hong Kong International Airport Retail Bonds |
Brokerage |
HK government-issued iBond and Retail Green Bonds, Hong Kong International Airport Retail Bonds For online trading and E-statement clients only: $0 commission charged on online buy trades
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Stamp Duty |
None |
Transaction Levy |
0.00285% of Transaction Amount (Include 0.0027% SFC Transaction levy and 0.00015% FRC Transaction levy; those Levy fees rounded to the nearest cent and calculated separately; Effective on 1st January 2022) |
Transaction Fee |
0.00565% of Transaction Amount (Effective on 1st January 2023) |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
RMB Dual Counter Securities (HKD-RMB Dual Counter Model) |
Brokerage |
Electronic Trading Platforms 0.08% of transaction amount (minimum CNY 60) Phone Dealing 0.25% of transaction amount (minimum CNY 100)
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Stamp Duty |
0.1% of Transaction Amount (round up to the nearest dollar (Effective on 17th November 2023))^ |
Transaction Levy |
0.00285% of Transaction Amount (Include 0.0027% SFC Transaction levy and 0.00015% FRC Transaction levy; those Levy fees rounded to the nearest cent and calculated separately; Effective on 1st January 2022) |
Transaction Fee |
0.00565% of Transaction Amount (Effective on 1st January 2023) |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. CNY 3)(Max. CNY 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: CNY 0.012 per board lot per month. Fee collected on behalf of CCASS.) |
*Effective from 19 October 2020
^Effective from 1 August 2021
Footnote:Buy and Sell the same new shares (and sell share quantity < buy share quantity) during the trading hours is defined as DAY TRADE.
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Transaction of other securities |
Brokerage |
Transaction of other securities 0.25% of transaction amount (minimum HKD 100)
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Stamp Duty |
0.1% of Transaction Amount (round up to the nearest dollar (Effective on 17th November 2023))^ |
Transaction Levy |
0.00285% of Transaction Amount (Include 0.0027% SFC Transaction levy and 0.00015% FRC Transaction levy; those Levy fees rounded to the nearest cent and calculated separately; Effective on 1st January 2022) |
Transaction Fee |
0.00565% of Transaction Amount (Effective on 1st January 2023) |
CCASS Fee |
0.01% of Transaction Amount (0.002% is collected by HK Clearing) (Min. HKD 3)(Max. HKD 300) |
Stock Custody Fee |
Waived (All clients with Hong Kong stocks holding less than 5,000 board lots are eligible to this waiver. Ineligible clients: HK$0.012 per board lot per month. Fee collected on behalf of CCASS.) |
*Effective from 19 October 2020
^Effective from 1 August 2021
Footnote:Buy and Sell the same new shares (and sell share quantity < buy share quantity) during the trading hours is defined as DAY TRADE.
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Shanghai-Hong Kong Stock Connect/Shenzhen-Hong Kong Connect(Northbound ETFand A shares included)## |
Brokerage(Online) ^ |
Buy side transaction amount ¥ 30,000 or below, brokerage fee is ¥0 Buy side transaction above ¥30,000, brokerage fee is the transaction amount x 0.03% For sell side transaction, brokerage fee is the transaction amount x 0.03% No minimum charge. No platform fee. |
Brokerage(Phone ordering) |
Transaction amount X 0.25% (minimum ¥ 100) No platform fee. |
Handling Fee |
Stock: 0.00341% of Transaction Amount (Effective on 28th August 2023) ETF: 0.004% of Transaction Amount |
Management Fee |
Stock: 0.002% of Transaction Amount ETF: Waived |
Transfer Fee (ChinaClear) |
Stock: 0.001% of Transaction Amount (Effective on 29th April 2022) ETF: Waived
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Transfer Fee (CCASS) |
0.002% of the consideration of a transaction per side
(Waived 50% of the fee until 12 August 2016)
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Stamp Duty |
Stock: 0.05% of Transaction Amount on the seller ETF: Waived |
Portfolio Fee |
Daily stock portfolio value x 0.008% / 365 (Accrued daily and collected on a monthly basis ) |
Margin Interest Rate |
7.25% p.a. |
## Fees are charged in CNY and will be settled in CNY. ^For online trading and E-statement clients only
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OVERSEAS STOCK MARKETS |
AMERICAS |
U.S. Shares |
Brokerage |
NYSE NASDAQ OTC Markets |
[Effective from 03 January 2022] ZERO Commission for US Stock $0 commission for Buy Contract with traded quantity below 15 shares *Applicable to Eligible Online Buy only General Transaction (Online) USD0.0099 per share. Minimum commission USD1.00 |
(Phone Dealing) 0.25% ( Transaction Amount Below USD15,000 ) 0.20% ( Transaction Amount Above or Equal to USD15,000 ) Minimum commission USD20.00 Share Price below USD5.00: USD0.0099 per share
No Platform Fee. No Trade Amalgamation. |
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Other Fees |
Charged by |
SEC Fee |
U.S. Securities and Exchange Commission |
0.00278%. Minimum US$0.01[Effective from 20 May 2024] Applicable to Sell orders only Fee rate subjected to US SEC policy changes (Round up to the nearest cent) |
Clearing Fee |
U.S. Depository Trust & Clearing Corporation |
US$0.003 pre share. Minimum US$0.50 |
Transaction Activity Fee |
U.S. Financial Industry Regulatory Authority |
US$0.000166 per share[Effective from 02 January 2024 (Trade Date)] Applicable to Sell orders only Fee rate subjected to FINRA policy changes |
Non-DTC eligible Stock |
OTC Bulletin Board, OTC |
Calculation is based on the different OTC stocks Maximum US$75.00 The fees may exceed the order consideration |
Custody Fee |
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Free |
Canada Shares |
Brokerage (Effective trade date May 01, 2024) |
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(Electronic Trading Platforms) For average executed price above CAD2.50 0.36% of Transaction Amount or Minimum commission CAD 30 per trade, whichever is higher; Plus a flat handling fee of CAD 23 per trade. For average executed price below or equal to CAD2.50 CAD0.015 per share (min. CAD30.0) ; Plus a flat handling fee of CAD 23 per trade.
(Phone Dealing) For average executed price above CAD2.50 0.38% of Transaction Amount or Minimum commission CAD 37 per trade, whichever is higher; Plus a flat handling fee of CAD 23 per trade. For average executed price below or equal to CAD2.50 CAD0.016 per share (min. CAD37.0) ; Plus a flat handling fee of CAD 23 per trade. |
Custody Fee |
Free |
PAN-EUROPEAN REGION & MIDDLE EAST |
ASIA PACIFIC & SOUTH ASIA REGIONS |
Singapore Shares |
Brokerage |
(Electronic Trading Platforms) 0.08% of Transaction Amount (Min. SGD5 or USD5 or HKD35 or EUR5 or GBP5 AUD7 or CNH30)
(Phone Order) 0.35% per transaction less than or equal to 30,000 0.28% per transaction greater than 30,000 ( Min. SGD33 or USD23 or HKD150 or EUR23 or GBP23 or AUD40 or CNH130) |
Clearing Fee |
0.0325% of Transaction Amount (No Maximum Amount) |
Trading Fee |
0.0075% of Transaction Amount |
On-Exchange Transactions - Custodian-Custodian Settlement Fee(when involves additional custodian)* |
SGD 30 per Settlement Instruction |
Off-exchange transactions - Settlement Fee (other than Debt Securities)* |
0.015% of Settlement Amount, minimum of SGD 75 per Settlement Instruction |
Off-exchange transactions - Settlement Fee (Debt Securities)* |
SGD 5 per Settlement Instruction |
Custody Fee |
Free |
Guarantee Fee for Delivery-versus-payment (DVP) Orders* |
1.00 by denominated trade currency per Settlement Instruction(Only applied to DVP orders) |
Goods and Services Tax (GST)(for Singapore Person) |
Subject to Inland Revenue Authority of Singapore(IRAS) Announcement |
*Effective on 01 Feb 2019
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Australia Shares |
Brokerage |
0.38% of Transaction Amount (Min. AUD35, whichever higher) |
Custody Fee |
0.05% p.a. Australia stock portfolio value x 0.05% / 12 (Minimum Fees AUD 1.0 ; payable end of each month )
*Australia Stock Custody Fee will be effective on 1st May 2020
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Japan Shares |
Brokerage |
[Effective on 4 Jan 2022] JPY 0 (Purchase Transaction Amount less than or equal to JPY 250,000) Buy-side: 0.068% of Transaction Amount. (Transaction Amount over JPY 250,000) Sell-side: 0.068% of Transaction Amount. Min: JPY 100 |
Platform Maintenance Fee |
JPY 0.3 per share (Regardless any transaction. Whenever the amount calculated includes a fraction of JPY1, round-up the fraction to the nearest JPY1) |
Brokerage |
(Phone Order) 0.50% of Transaction Amount (less than or equal to JPY 1,000,000) 0.40% of Transaction Amount (over JPY 1,000,000) Min: JPY 3,000 |
Odd-lot shares Additional transaction handling fee |
Trading Japan odd-lot shares requires for an additional item of transaction handling fee. For more details, please contact Foreign Stock Department (852) 2277 6678. |
Custody Fee |
Free |
Thailand Shares |
Brokerage |
0.40% of Transaction Amount (Min. THB700, whichever higher) |
VAT Fee & Other Transaction Fees |
7.0% of Brokerage amount as above |
Custody Fee |
Free |
South Korea Shares |
Brokerage |
0.35% of Transaction Amount (Min. KRW20,000 whichever higher ) If algorithm trading is required, additional brokerage 0.05% is applied. Please contact foreign stock dept. at (852) 2277 6678 for more detail. |
Sales Tax |
0.18% of Transaction Amount
(Effective Date: 27 December 2023)
[SELL side only]
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Custody Fee |
Free |
China Shanghai B Shares (Trading Currency:USD) |
Brokerage |
0.30% of Transaction Amount (Min. USD30 ) |
Stamp Duty |
0.05% of Transaction Amount (SELL trade only) |
Handling Fee |
0.00341% of Transaction Amount (Effective on 28th August 2023) |
Settlement Fee |
0.002% of Transaction Amount( Max. USD50 ) |
CSRC Administration Fee |
0.002% of Transaction Amount |
Custody Fee |
Free |
China Shenzhen B Shares (Trading Currency:HKD) |
Brokerage |
0.30% of Transaction Amount (Min. HKD150 whichever higher) |
Stamp Duty |
0.05% of Transaction Amount (SELL trade only) |
Handling Fee |
0.00341% of Transaction Amount (Effective on 28th August 2023) |
Settlement Fee |
0.002% of Transaction Amount ( Max. HKD500) |
CSRC Administration Fee |
0.002% of Transaction Amount |
Custody Fee |
Free |
Malaysia Shares |
Brokerage |
0.30% of Transaction Amount (Min. MYR75, whichever higher) |
Stamp Duty |
0.10% of Transaction Amount(Round up to the latest integer)(Max. MYR1,000)
## Effective July 13, 2023 (trade date).
|
Clearing Fee |
0.03% of Transaction Amount (Max. MYR1,000) |
Custody Fee |
Free |
Indonesia Shares |
Brokerage (Online or Mobile Apps) |
0.35% of Transaction Amount (Min. IDR 200,000 whichever higher) |
Brokerage (Offline) |
0.40% of Transaction Amount (Min. IDR 200,000 whichever higher) |
Exchange Fees |
0.0433% of Transaction Amount (Effective on 1 April 2022) |
VAT |
10% of Brokerage amount as above |
Withholding Tax (SELL side only) |
0.10% of Transaction Amount (SELL side only) |
Custody Fee |
Free |
Philippine Shares |
Brokerage |
0.60% of Transaction Amount ( Min. PESO2,000 ) |
VAT Tax |
12% of Brokerage amount as above (Min. PESO20) |
Sales Tax |
0.6% of Transaction Amount ( SELL trade only ) |
Bangko Sentral Registration Document (BSRD) fee |
flat rate1,000 PHP (To be charged per side per stock each trading day) |
SCCP Fee |
0.01% of Transaction Amount |
Custody Fee |
Free |
Taiwan Shares |
Brokerage |
0.25% of Transaction Amount ( Min. commission TWD600 ) |
Sales Tax(Only limit to sell orders) |
0.3% of Transaction Amount for ordinary shares 0.1% of Transaction Amount for Exchange Traded Fund listing at Taiwan Exchange |
Trading Fee(Custodian Bank) |
TWD250 (To be charged per side per stock code per settlement currency per order channel each trading day) |
Custody Fee |
0.12% p.a. Porfolio amount x 0.12% / 12 ( Min. charge HKD55 per month) |
U.K. Shares |
Brokerage |
0.50% per transaction amount less than or equal to 30,000 0.45% per transaction amount greater than 30,000 or Min. commission (GBP48 or USD78 or EUR60) per trade, whichever higher |
Stamp Duty |
0.5% of Transaction Amount (For BUY trade only) |
Other transaction fees (if applicable) |
PTM Levy, if applicable Flat rate GBP1.00 ( applicable for some U.K. stock with transaction amount more than GBP10,000 ) Securities clearing system settlement fees, if applicable. |
Custody Fee |
Free |
NYSE EURONEXT Shares(Netherlands, Belgium,France, Portugal) |
Brokerage |
0.30% of Transaction Amount or Min. commission EUR20 or GBP17 per trade |
Other transaction fees(if applicable) |
Different based on the policy per country above; Please contact our Foreign Stock Department (852) 2277 6678 for details. |
Custody Fee |
Free |
Germany Shares |
Brokerage |
XETRA Frankfurt |
0.29% of Transaction Amount or Min. commission EUR30 per trade ( standard pricing not applicable for clients with special agreement ) |
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Other transaction fees(if applicable) |
Different based on the policy per exchange in Germany;Please contact our Foreign Stock Department (852) 2277 6678 for details. |
Custody Fee |
0.05% p.a. German stock portfolio value x 0.05% / 12 ( Minimum Fees EUR 1.0 ; payable in next calendar month ) |
Switzerland Shares ( SIX ) |
Brokerage |
0.30% of Transaction Amount or Min. commission CHF45 per trade |
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Free |
Turkey Shares ( IMKB ) |
Brokerage |
0.30% of Transaction Amount or Min. commission Turkish Lira(TRY) 33 per trade (Not allow to use SEK for settlement currency. Must use USD/HKD for settlement currency) |
VAT Fee |
5.0 % of Brokerage amount as above |
Custody Fee |
Free |
Finland Shares ( NASDAQ OMX Nordic ) |
Brokerage |
0.30% of Transaction Amount or Min. commission EUR28 per trade |
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Free |
Ireland Shares ( ISE ) |
Brokerage |
0.30% of Transaction Amount or Min. commission EUR28 per trade |
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Free |
Sweden Shares ( NASDAQ OMX Nordic ) |
Brokerage |
0.30% of Transaction Amount or Min. commission Swedish Krona(SEK) 180 per trade (Not allow to use SEK for settlement currency. Must use USD/HKD for settlement currency)
|
Other transaction fees(if applicable) |
Please contact our Foreign Stock Department (852) 2277 6678 for details |
Custody Fee |
Custody Fee 0.05% p.a. Sweden stock portfolio value x 0.05% / 12 (Minimum Fees SEK 1.0 ; payable end of each month ) *The fee is effective on 1st October 2020 |