FEE SCHEDULE
Commission Rate
| Type | Fees |
|---|---|
| Stocks | $0 |
| ETFs | $0 |
| Options | $0 |
| ADRs | $0 |
| Platform Usage Fee | $0 (During Promotion*) |
Note: *Promotion begins on Nov 2018 and may end at anytime with 30 days notification ahead.
Margin Rate
| Type | Rates |
|---|---|
| Long Margin | 6.8%* |
| Short Margin | Depends on the stocks, please see details in the App and refer to the daily statement. |
Note: *We reserve the right to amend our margin interest rate from time to time in response to changes in prevailing interest rates and other factors. The Margin Rate is subject to change without notice.
Service Charges
| Type | Fees |
|---|---|
| ACH Transfer | $0 |
| Domestic Wire Transfer* | $25 |
| International Wire Transfer* | $50 |
| Returned Funding / Stop Payments | $30 |
| Stock Transfer** - Ingoing | $0 |
| Stock Transfer - Outgoing | $75 / Every stock*** |
| Mail paper daily statement, monthly statement | $3 |
| Assisted Phone Trades | $10 |
Notes:
1)* Additional wire transfer fees charged by any originating, intermediary, or recipient bank may apply.
2)** Only DTC Transfer available.
3)*** Transfer two stocks BABA and APPLE from Futu Inc. to other brokers. The transfer fee is $75 *2 is $150.
Regulatory Fees and Others
| Type | Fees | Charger |
|---|---|---|
| SEC Fee(sells only) | $0.000013 / $1.00 of transaction proceeds (minimum $0.01) | SEC |
| Trading Activity Fee (TAF,sells only) | $0.000119 / equity share, $0.002 / options contract (minimum $0.01) | FINRA |
| Options Regulatory Fee(ORF) | $0.0343 / options contract | Exchanges |
| Exchange Fees(Options only) | Varies | Exchanges |
| OCC Fees(Options only) | $0.05 / Contract(0-1100 contracts), $55.00 / Trade(>1100 contracts) | OCC |
| American Depositary Receipt (ADR) Custodian Fee | $0.01~0.05 / share | Trust Company (DTC) |
Note: Fees are rounded up to the nearest penny