![]() The annual margin rate (i.e interest on borrowed funds) is also fairly high, at a flat rate of 6.8%. However, if your net assets are less than $2,500, this option may not be available. Margin trading is available on US stocks up to a maximum of 1:2. Vs competitors such as WeBull, Interactive Brokers and eToro, the fee structure is easy to understand. A full fee schedule is available on the broker’s website.Ĭrucially, there are no account opening fees, maintenance charges, or inactivity fees, meaning traders can calculate profits on a per-trade basis. There is also a 15 HKD/15 CNH per order platform fee and various regulatory charges including stamp duty, trading tariffs, and exchange settlement fees. These are charged at 0.03% or 3 HKD/3 CNH (whichever is higher). Other charges include trading activity fees ($0.002 per contract, min $0.01 per order), an options regulatory fee ($0.0378 per contract) and OCC fees ($0.02 per contract (0-2750 contracts) or $55.00 per trade (>2750 contracts).įor Hong Kong stocks and China A-shares, there are commission fees. This is not broker-specific and the rate is negligible (0.0000051 x transaction amount at the time of writing). However, regulatory charges are applicable, for example, the US Securities and Exchange Commission (SEC) charges a small fee for stock sell orders. With Moomoo, stocks, ETFs, and options trading are commission-free for US residents. Clients can then enter the relevant futures contract code to place a trade. Users simply need to select a futures account when they register for a new profile and make a cash transfer. Head to the ‘additional features’ section below for more details.įutures trading is also available via Moomoo Financial Singapore. Users can speculate on the some of the biggest global brands using a suite of analysis tools.
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