| Type | Fees (USD) | Charged by |
| Commission | $0.0049/Share, min $0.99/Order | Moomoo CA |
| Platform Fees | $0.005/Share, min $1/Order, max 1% * Transaction Amount | Moomoo CA |
Notes:
1. Platform Fees: as a technology brokerage, we have been committed to providing customers with high-quality and stable products and services. The platform fees are designed to ensure the company's sustainable investment in research and development so that we can provide you with an excellent trading experience through optimal iteration in technology.
2. Investors must be cautious of the risks commonly associated with low-priced stocks, such as lack of liquidity, higher volatility, and possibility of delisting. To protect investors' interests, we have capped the Platform Fees we charge at 1% of the transaction amount. Minimum Commission and Platform Fees are also applied at US$0.99 and US$1.00 per order respectively. If the calculated maximum Platform Fees per order is lower than the minimum charge per order, the maximum Platform Fees of 1% of the transaction amount will be assessed.
For example: Tom buys 50 XYZ shares at US$0.2 per share. Uncapped Platform Fees = 50 * US$0.005 = US$0.25, while capped Platform Fees = 50 * US$0.2 * 1% = US$0.1, the minimum Platform Fees = US$1>US$0.1. In this case, Tom is charged the capped Platform Fees of US$0.1.
3. If a day order is filled through multiple transactions, commission and platform fees will be charged only once for the entire order.
4. If a GTC order is filled through transactions over multiple trading days, transactions on each trading day will be regarded as a separate order and charged separately, subject to minimum charges.
5. Applicable exchange, electronic communication networks (ECNs) and/or specialist fees may apply based on execution venue.
| Third Party Fee | Fees (USD) |
| SEC Fees | $0.000008 * Transaction Amount (sales only) |
| Trading Activity Fees (TAF) | $0.000166/Share, max $8.30/Trade (sales only) |
Notes:
Third party fees are collected by our carrying broker Interactive Brokers Canada Inc. Moomoo Canada does not charge any additional fees. In case of any ambiguity, actual charge by third party should prevail.
2.1 Commission and Platform Fee
| Type | Fees (USD) | Charged by |
| Commission | $0.6/contract，min $1/order | Moomoo CA |
| Platform Fee | $0.3/contract，min $0.50/order | Moomoo CA |
Notes:
1. If a day order is filled through multiple transactions, commission and platform fees will be charged only once for the entire order.
2. If a GTC order is filled through transactions over multiple trading days, transactions on each trading day will be regarded as a separate order and charged separately, subject to minimum charges.
3. Platform Fees: as a technology brokerage, we have been committed to providing customers with high-quality and stable products and services. The platform fees are designed to ensure the company's sustainable investment in research and development so that we can provide you with an excellent trading experience through optimal iteration in technology.
2.2 Exercise/Assignment
Commission or platform fee are not charged for US exercise and assignment
Note:
Fees charged by each exchange may increase when the contract's liquidity is low, which may cause the fees in your trade confirmation statement to be higher than the fees calculated based on the multiple number of contracts. For fees details please refer to trade confirmation statements.
American Depositary Receipts (ADR) is a negotiable security issued by an American depositary bank that represents a specific number of shares in a non-US company. ADRs can trade on the US stock market.
ADRs have custody fees that are levied on a regular basis. In addition, some ADRs may be subject to dividend distribution fees, ratio change fees, etc. These fees differ by ADR. For specific information, please refer to your ADR prospectus or search through SEC EDGAR.
|
Fee Type |
Description |
Amount |
Payment Frequency |
|
Custody fee |
Since 2008, The Depository Trust Company (DTC) has started to charge custody fees to brokerages or clearing firms, who pass them on to ADR holders. |
0.02-0.05 USD per share on average |
Unfixed. Maybe multiple times per year |
|
Dividend distribution/ stock split fee |
Dividend distribution or stock split fees may be incurred in the event of dividend distributions or stock splits |
Unfixed |
In accordance with the occurrence of dividend distributions or stock splits |
|
Cancellation fee |
Cancellation fees may be incurred in the event of ADR delisting or cancellation |
0.02-0.05 USD per share on average |
In accordance with the occurrence of ADR delisting or cancellation |
|
Ratio change fee |
Ratio change fees are charged by the depositary bank in the event of changes in the ratio of ADRs to underlying shares |
0.02-0.05 USD per share on average |
In accordance with the occurrence of ratio changes |
Note: The above fees are for reference only. The actual fees charged, as well as payment frequency and timing, vary by ADR.
ADR fees are deducted from the cash in your account on the payable date.
When ADR fees are incurred, the custodian bank will regularly update the record date, payable date, etc. The brokerage will hold the ADR fees on the record date until they are deducted.
Record date: Fees will be charged on ADRs that have settled* by the record date. You will still be charged ADR fees if you sell them on or after the record date. *Note: ADRs will be settled by the record date if they are bought by market close two trading days before the record date.
Payable date: The date on which ADR fees are deducted by the bank. It may differ from the actual date of deduction by your brokerage, due to reasons such as funds settlement.
Please note: When ADR fees are frozen or deducted, you will receive in-app messages and email notifications.
| Type | Fees | |
| Account Opening and Maintenance Fee | Free | |
| Dividend Tax | The tax rate varies according to the regulations of each region (Automatic withholding at the time of distribution) |
|
| ADR Custody Fee | US$0.01-US$0.05/Share (pass through fees) | |
Notes:
1. Dividend taxation: When dividends are distributed, a certain amount of dividend tax will be charged. Dividend tax rates depend on clients' tax identities, nature of dividends, and other factors. For details, please refer to daily account statements.
2. ADRs (American Depository Receipts) represent ownership of non-U.S. company shares which can be traded in U.S. markets. Investors with ADR settled positions will be charged ADR Fees by DTC (Depository Trust Company), commonly at $0.01-$0.05 per share every financial year. The fees are deducted by the applicable depository in standard billing and will be passed to accounts which held the ADR on the record date.