Transaction fees in backtest

You can check the estimated transaction fees involved in backtests. All the fees to be charged will be frozen at the time of placing an order (frozen funds will affect your buying power) and will be deducted from your account at each transaction, except for the interest fees for margin trading and short selling, which will be deducted after the market closes on that day.

Table 1: Estimated Transaction Fees with Securities Accounts

Market	Product Type	Fee	Amount
US	US Stocks & ETFs	Commission	$0.0049 per share, min $0.99 per order
		Settlement Fees	$0.003 per share
		SEC Fees (sells only）	0.000008*transaction amount, min $0.01 per trade
		Trading Activities Fees (sells only)	$0.000145 per share, min $0.01 per trade, max $5.95 per trade
		Platform Fees, Fixed	$0.005 per share, min $1 per order
		ADR Custodian Fee	$0
	US Options	Commission	$0.65 per contract, min $1.99 per order
		SEC Fees (sells only）	0.000008*transaction amount, min $0.01 per order
		Trading Activities Fees (sells only)	$0.00244 per contract, min $0.01 per order
		Options Regulatory Fee (ORF)	$0.02905 per contract
		OCC Fees	$0.02 per contract (0-2750 contracts)， $55 per trade (>2750 contracts)
		Exchange Fees	$0
		Platform Fees, Fixed	$0.30 per contract
HK	HK Stocks, ETFs and Warrants	Commission	0.03%*transaction amount, min HK$3.00 per order
		Settlement Fees	0.002%*transaction amount, min HK$2.00 per trade, max HK$100.00 per trade
		Stamp Duty	0.13%*transaction amount, rounded up to the nearest HK dollar. There is no charge for trading warrants or CBBCs. For example, HK$2.01 will be rounded up to HK$3.00.
		Trading Fees	0.00565%*transaction amount, min HK$0.01
		SFC Transaction Levy	0.0027%*transaction amount, min HK$0.01
		Platform Fees, Fixed	HK$15 per order
	HK Options	Commission	0.2%*transaction amount, min HK$3.00 per order
		Platform Fees	HK$15 per order
		Trading Tariff	Tier 1 Stock Options: HK$3.00 per contract per side Tier 2 Stock Options: HK$1.00 per contract per side Tier 3 Stock Options: HK$0.50 per contract per side When the price of a single option is HK$0.01, this fee is waived
A-shares	A Shares	Commission	0.03%*transaction amount, min 3.00 CNH per order
		Platform Fees	15 CNH per order
		Handling Fees	0.00487%*transaction amount, min 0.01 CNH per trade
		Securities Management Fees	0.002%*transaction amount, min 0.01 CNH per trade
		Transfer Fees (SCDC)	0.001%*transaction amount, min 0.01 CNH per trade
		Transfer Fees (HKSCC)	0.002%*transaction amount, min 0.01 CNH per trade
		Stamp Duty (sells only)	0.1%*transaction amount
		Portfolio Fees	Market value of A shares *0.008%/365 (calculated on a daily basis, charged on a monthly basis)
		Dividend Tax	0
Margin	Margin Interest	USD Margin Interest Rate	4.8% p.a
		HKD Margin Interest Rate	6.8% p.a
		CNH Margin Interest Rate	8.8% p.a
		SGD Margin Interest Rate	4.8% p.a
		JPY Margin Interest Rate	4.8% p.a
		Securities Financing Rate	Depending on stocks. Real-time securities financing rates shall be used as substitutes (in the case of securities financing, backtests at different times may yield different results since interest on securities financing is different)

Table 2: Estimated Transaction Fees with Futures Account

Futures live trading is currently only available for trading accounts with Moomoo SG or Futu HK and is not yet supported by accounts with Moomoo US or Moomoo AU. Futures trading involves high risks and is not suitable for all investors. The amount you could lose may be greater than your initial investment.

Futures trading fees in backtests are consistent with live trading fees, but settlement fees are not included.

Risk Disclosure This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

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