Moomoo Financial Singapore Pte. Ltd. supports two ways of IPO subscription:
1. Ordinary Subscription (including Cash Subscription and moomoo Financing Subscription）
2. Bank Financing Subscription
|Ordinary Subscription(Using Cash)||Subscription Fees||HK$50 / Order||Moomoo Financial Singapore Pte. Ltd.|
|Ordinary Subscription(Using moomoo Financing)||moomoo Financing Interest||The annual interest rate of moomoo Margin is the same as the annual interest rate of HK stock margin account (annualized interest rate 6.8%) .|
For details, please refer to the description of interest on margin subscription.Regardless of the IPO allotment result, the margin interest incurred will be payable.
|Moomoo Financial Singapore Pte. Ltd.|
|Bank Financing Subscription||Subscription Fees||HK$100 / Order||Bank etc.|
|Bank Financing Interest||Each stock may be different, please refer to the actual subscription page display.|
For details, please refer to the description of interest on margin subscription.Regardless of whether you win the lot for IPO, margin interest must be paid.
Bank Financing Subscription
|SFC Transaction Levy, FRC Transaction Levy, Trading Fees and Commission (only charged if you win the lot for IPO)||1.0085% * Amount of Winning||HK SFC, HK FRC, HKEX, FUTU HK|
Notes: For Singapore tax residents, Singapore government will levy a GST (Goods and Services Tax) at a rate of 8% on the above subscription fees and charges with effect from 1 January 2023. Fees & charges may be subject to changes without prior notice.
In the Singapore Budget 2022, the Minister for Finance announced that the Goods and Services Tax (GST) rate will be increased from: (i) 7% to 8% with effect from 1 January 2023; and (ii) 8% to 9% with effect from 1 January 2024. As fees and services provided by moomoo SG are subject to GST at the prevailing rate, the GST will be levied on all relevant domestic and foreign fees, including but not limited to commissions, platform fees, exchange fees, and other fees (applicable to Singapore Tax Residents).
Moomoo Financial Singapore Pte. Ltd. reserves the right to amend or charge relevant fees without prior notice.