What are the transaction fees for Futu cattle (moomoo)??
Futu Niu Niu (moomoo) transaction costs are adjusted according to the different major markets, this article will give you a detailed description。
Moomoo Trading Fees Overview
Moomoo trading fees are adjusted according to different major markets. This article will provide you with a detailed introduction.
Please note that as of January 1, 2024, the Singapore government will impose a 9% Goods and Services Tax (GST) on the above fees. As services provided by Moomoo SG are subject to GST at the prevailing tax rate, GST will be levied on all relevant domestic and foreign fees, including but not limited to commissions, platform fees, and exchange-related fees (applicable to Singapore tax residents).
In accordance with the guidelines of the Inland Revenue Authority of Singapore (IRAS), transactions settled on or after January 1, 2024, are subject to 9% GST.
Singapore Market (SG Market)
Stocks, ETFs, REITs, DLCs, Warrants
In Moomoo SG, all fees for stocks, ETFs, REITs, DLCs, and warrants are paid in Singapore Dollars (SGD).
1. Stocks, ETFs, REITs
- Commission: 0.03% of the transaction amount, minimum SGD 0.99 per order, belonging to Moomoo Financial Singapore Private Limited.
- Platform Fee: 0.03% of the transaction amount, minimum SGD 0.99 per order, belonging to Moomoo Financial Singapore Private Limited.
Please note that one order can be executed in multiple trades, but the fee is charged only once. Transaction fees for cancelled orders are settled based on the transaction date. Transactions on the same trading day are considered one order, while transactions on different trading days are considered separate orders for charging purposes.
- Other Fees: Transaction fee is 0.0075% of the transaction amount; clearing fee is 0.0325% of the transaction amount. Both belong to the Singapore Exchange.
Transaction fees for trades denominated in other currencies will be charged based on the latest exchange rates, and Moomoo Financial Singapore Private Limited reserves the right to adjust the minimum fee according to the exchange rate.
Corporate Action Fee: Moomoo Financial Singapore Private Limited does not charge any processing fees for corporate actions on Singapore stocks, however, any third-party/exchange fees will still be charged accordingly.
2. Daily Leverage Certificates (DLCs)
Commission: 0.03% of the transaction amount, belonging to Moomoo Financial Singapore Private Limited.
Platform Fee: 0.03% of the transaction amount, belonging to Moomoo Financial Singapore Private Limited, other conditions as above.
Other Fees: Transaction fee is 0.001% of the transaction amount; clearing fee is 0.004% of the transaction amount. Both belong to the Singapore Exchange.
3. Structured Warrants
Commission: 0.03% of the transaction amount, minimum SGD 0.99 per order, belonging to Moomoo Financial Singapore Private Limited.
Platform Fee: 0.03% of the transaction amount, minimum SGD 0.99 per order, belonging to Moomoo Financial Singapore Private Limited, other conditions as above.
Other Fees: Transaction fee is 0.001% of the transaction amount; clearing fee is 0.004% of the transaction amount. Both belong to the Singapore Exchange.
Futures
Index Futures
In Moomoo SG, index futures are paid in US Dollars (USD). Fees in the table below are per contract in cents, commissions and platform fees belong to Moomoo Financial Singapore Private Limited; exchange and regulatory fees are separate.
Futures Name | Commission | Platform Fee | Exchange Fee | Regulatory fees |
China A50-CN | 0.99 | 1 | 1.1 | 0 |
FTSE China H50-FCH | 0.99 | 1 | 0.6 | 0 |
TSI Iron Ore CFR China (62% Iron Fine Powder) - FEF | 1 | 1 | 2 | 0 |
Nikkei 225 Index - NK | 4 | 1 | 0.6 | 0.15 |
- commodity futures
In Singapore Futu Bull (moomoo), commodity futures SICOM TSR20 (code TF) are paid in USD USD, commission 1, platform fee 1, attributable to Moomoo Financial Singapore Pte Ltd; exchange fee 1.2, regulatory fees 0, both for other。
The US market (US Market)
Stocks, ETFs
In Singapore, all fees for trading the US market are paid in USD。
- Commissions: No fees are charged for the trading of shares and ETFs, attributable to Moomoo Financial Singapore Pte Ltd。
Please note that 0 commission only applies to Moomoo Financial Singapore Pte.Ltd.Eligible customers trade in U.S. stocks。
- Platform fee: fixed for each single 0.$99, attributable to Moomoo Financial Singapore Pte Ltd。
Where an order can be divided into multiple transactions, but only one fee is charged。Also, when the cash balance of the account is negative, interest will accrue at an annual rate of 4.8% (daily, monthly fee); low-priced stocks are generally volatile and may be delisted, investors need to be aware of these risks。Transaction costs for valid orders prior to cancellation are settled on a trade date basis。Transactions on the same trading day are treated as one order, and transactions on different trading days are treated as different orders for charging。
- Other expenses: settlement expenses are U.S. 0.$003, up to 1% of the amount of each transaction, attributable to the U.S. clearing agency; SEC fee (sales only) is 0% of the transaction amount.0008%, minimum 0 per single.$01, attributable to the Securities and Exchange Commission (SEC); transaction activity fee (TAF, sales only) of 0 per share.$000166, minimum 0 per order.$01, up to 8 per order.$30, attributable to the Financial Industry Regulatory Authority (FINRA); ADR custody fee of 0 per share.01-0.$05, attributable to American Depository Trust Company (DTC)。
- US fractional transaction fee: no commission for transactions of size < 1 share, platform fee of 0% of the transaction amount.99%, maximum 0 per single.$99; standard per-share transaction fees are charged for transactions of size > 1 share。
Please note that there is no "SEC Fee," "Settlement Fee" or "Trading Activity Fee" for orders under 1 share in U.S. decimal trading。Orders of 1 share or more will be charged "SEC fee," "settlement fee" and "trading activity fee" will be charged in accordance with the above standards.。
- Algorithmic trading fees: U.S. stock algorithmic trading orders are subject to an additional transaction amount of 0 in addition to the above standard fees..05% of the cost。
- Company operating change fees: Moomoo Financial Singapore Pte Ltd does not charge any processing fees for corporate actions in Singapore shares, however, any third party / exchange fees will still be charged accordingly。
- Depository Receipt (ADR) Conversion
In the table below, 1 hand is 100 ADS, less than 1 hand is rounded to 1 hand。
Type | Amount | Attributable party |
Handling fee | $550 per stock per order (including stock transfer fee 400 HKD converted to 50 USD) | Third Party |
Cable Fee | $17 per stock per order | Third Party |
Management fee | $100 per stock per order | Moomoo Financial Singapore Pte Ltd |
Conversion fee | $5 per lot per share (including third party fees) | Moomoo Financial Singapore Pte Ltd |
Option
1.fixed scheme
Type | Currency | Amount | Attributable party |
Commission | USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD | 0 per contract.65 USD, minimum 1 per order.99 USD | Moomoo Financial Singapore Pte Ltd |
Platform Fee | USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD USD | 0 per contract.30 USD, minimum 0 per order.99 USD | Moomoo Financial Singapore Pte Ltd |
2.Grading scheme
In terms of commissions, moomoo distinguishes according to the number of contracts, as shown in the following table.
1-50 | 0.70 USD |
51-150 | 0.65 USD |
151-300 | 0.60 USD |
301-500 | 0.55 USD |
501-2000 | 0.50 USD |
2001-5000 | 0.45 USD |
5001-10000 | 0.40 USD |
10001-50000 | 0.35 USD |
50000-100000 | 0.30 USD |
100001 and above | 0 |
Platform fee is 0 per contract regardless of grade.30 USD, minimum 0 per order.99 USD, together with commission, attributable to Moomoo Financial Singapore Pte Ltd。
Please note:
- If the cumulative number of contracts traded per month is less than 200, it is recommended to choose a fixed plan; if the cumulative number of contracts traded per month exceeds 200, it is recommended to choose a ladder plan。
- If you choose to switch to the ladder package, the cumulative number of monthly contracts will be recalculated at the time of switching, and each natural day can only be switched once。
- After the account opening process is completed, U.S. options trading defaults to a fixed plan。Feel free to change your expense plan to your liking。
- An order can be divided into multiple transactions, but commissions and platform fees are only charged once。
- Transaction costs for valid orders prior to cancellation are settled on a trade date basis。Transactions on the same trading day are treated as one order, and transactions on different trading days are treated as different order charges。
3.Other expenses
Type | 费用 | Attributable party |
Option Regulatory Fee (ORF) | 0 per contract.01 USD | U.S. Clearing, Settlement and Other Institutions |
SEC Fees (Sales Only) | 0 of the transaction amount.0008%, minimum 0 per order.01USD | SEC |
Transaction Activity Fee (Sales Only) | 0 per contract.00279 USD minimum per order 0.01 USD | FINRA |
OCC Liquidation Fee | 0 per contract.02 USD, up to 55 USD per order | OCC |
Option Settlement Fee | Varies by transaction | U.S. Clearing, Settlement and Other Institutions |
Among them, the option supervision fee (ORF) is the fee charged by the exchange to its members.。ORF fees are usually passed on by members to their customers and are collected by the Options Clearing Corporation (OCC) on behalf of the U.S. Options Exchange。
The stated purpose of this fee is to recover some of the costs associated with the supervision and management of the options market.。These activities include routine oversight, investigations, and policy, rule-making, interpretation and enforcement activities。The applicable rate may differ from the fees charged by the upstream broker or related exchange, the excess will be retained and the shortfall will not be charged to the customer。
S. option settlement fees are assessed by U. S. clearing, settlement and other agencies to cover fees including, but not limited to, NSCC and DTC fees, using a blended rate。Mixed rates may vary, the excess will be retained and the shortfall will not be charged。
SEC fees and transaction activity fees are charged only at the time of sale。
Depositary Receipts (ADRs)
American depositary receipts (ADRs) are transferable securities issued by American depositary banks that represent a specific number of shares of non-U.S. companies that can be traded on the U.S. stock market.。
ADRs regularly levy custody fees, and certain ADRs may be subject to dividend distribution fees, ratio change fees, etc.。In general, ADR fees are deducted from the cash in your account on the payable date。When the fee is incurred, the custodian bank will regularly update the registration date, payable date, etc., and the brokerage firm will freeze the amount receivable on the registration date and then deduct the bank according to the date on which the depositor actually withheld the amount.。
Equity Registration Date: A fee will be charged for ADSs purchased before the close of trading two trading days prior to the equity registration date and will be settled on the equity registration date。If you sell ADSs on or after the Record Date, you will still be charged ADS fees。
Payable Date: The date on which the bank deducts the ADR fee。May be different from the brokerage deduction date due to funds settlement, etc.。
Type | 描述 | Amount | Frequency |
Escrow fee | ADR issuers charge escrow fees to third parties, which pass these fees on to ADR holders | Average per share 0.02 to 0.05 USD | Fluctuation |
Dividend distribution / stock split fee | Dividend distribution / stock split expenses may be incurred in the event of a dividend distribution or stock split. | Fluctuation | Based on dividend distribution / stock split |
Take consumption | Cancellation charges may be incurred if ADRs are delisted or cancelled | Average per share 0.02 to 0.05 USD | Delisting or cancellation based on ADR |
Proportional change fee | If the ratio of ADRs to the underlying shares changes, the depositary bank will charge a ratio change fee | Average per share 0.02 to 0.05 USD | Proportional |
Hong Kong Market (HK Market) - Equity, ETF, Warrants, CBBCs
- Commission: 0% of the transaction amount paid in HKD.03% or 3 HKD per order, whichever is higher, attributable to Moomoo Financial Singapore Pte Ltd。
- Platform fee: fixed at 15 HKD per order, attributable to Moomoo Financial Singapore Pte Ltd。
Please note that an order can be divided into multiple transactions, but only one fee is charged。When the account cash balance is negative, 6.8% APR (daily, monthly)。In addition, transaction costs for valid orders prior to cancellation are settled on a trade date basis。Transactions on the same trading day are treated as one order, and transactions on different trading days are treated as different orders for charging。
- Other fees: all paid by HKD, free of trade duties; settlement fee is 0% of the transaction amount..002%, minimum 2 HKD, maximum 100 HKD, attributable to HKEx; stamp duty is 0% of the transaction amount.1% (rounded), attributable to the Hong Kong Government; transaction fee is 0% of the transaction amount.00565%, minimum 0.01 HKD, attributable to HKEx; SFC transaction levy is 0% of transaction amount.0027%, minimum 0.01 HKD, attributable to the Securities and Futures Commission of Hong Kong (SFC); the FRC transaction levy is 0% of the transaction amount.00015%, attributable to Hong Kong Financial Reporting Council (FRC)。
Also, please note that if each order is divided into multiple transactions, a regulatory fee will be charged for each transaction。Moreover, under normal circumstances, no stamp duty is payable on the purchase and sale of warrants, CBBCs and ETFs, the scope of which is subject to the official announcement of the Hong Kong Government.。
- Algorithmic trading fees: In addition to the above standard fees, Hong Kong stock algorithmic trading orders are subject to an additional transaction amount of 0.05% of the cost。
- Changes in the Company's operations: moomoo does not charge any fees for the conduct of Hong Kong-listed companies (except S $10 per application for the handling of shareholders' meeting affairs)。However, any third party / exchange fees will still be passed on to the customer。Note, however, that dividends may also be taxable。Tax rates will vary according to individual countries。
China Mainland Market (CN Market) - Equity
- Commission: 0 of the transaction amount paid in offshore CNH.03%, minimum 3 CNH per order, attributable to Moomoo Financial Singapore Pte Ltd。
- Platform Fee: Fixed at 15 CNH per order, attributable to Moomoo Financial Singapore Pte Ltd。
Please note that an order can be divided into multiple transactions, but only one fee is charged。In addition, transaction costs for valid orders prior to cancellation are settled on a trade date basis。Transactions on the same trading day are treated as one order, and transactions on different trading days are treated as different orders for charging。
- Other fees: all paid by offshore RMB CNH, the fee is 0% of the transaction amount..00341%, attributable to SSE / SZSE; securities management fee of 0% of transaction amount.002%, attributable to the CSRC; China Settlement Transfer Fee is 0% of the transaction amount.001%, attributable to China Securities Depository and Clearing (CSDC); Hong Kong settlement transfer fee is 0% of the transaction amount.002%, attributable to the Hong Kong Securities Depository and Clearing Corporation (HKSCC); stamp duty is 0% of the transaction amount.05%, attributable to the Singapore Stock Exchange (SAT); portfolio fee equal to the value of shares held * 0.008% / 365 (daily basis, monthly fee), attributable to the Hong Kong Securities Depository and Clearing Corporation (HKSCC); dividend tax of 10% of dividends and bonuses (deducted by the State Administration of Taxation when dividends are distributed), attributable to the Stock Exchange of Singapore (SAT)。
- Other service fees: free of charge for deposits and withdrawals, stock deposits, dividend collection, equity collection, dividend collection, changes in the company's operations, annual general meeting, mailing and stamping of daily / monthly account statements, dividend recovery, etc.。
- Long margin: 6 per annum.8%, charged in offshore CNH。
Long margin rate
Currency | Long margin rate (per annum) |
SGD Singapore Dollar | 4.8% |
USD | 4.8% |
Hong Kong Dollar HKD | 6.8% |
CNH Offshore RMB | 6.8% |
IPO Subscription Fee
Singapore Unit
Type | 费用 | Attributable party |
Subscription Fee | Change according to the specific situation | Moomoo Financial Singapore Pte Ltd |
CDP Management Fee | S $10 per order | Singapore Stock Exchange |
Hong Kong Stock
For Hong Kong stocks, FTU Bull Bull supports two subscription options: ordinary subscription and bank financing subscription, where the former includes cash subscription and moomoo financing subscription。
Specifically, in ordinary subscriptions, cash subscriptions are charged a subscription fee of HK $50 per order, which is attributable to Moomoo Financial Singapore Pte Ltd; moomoo financing subscriptions are charged moomoo financing interest, and the annual interest rate on their margin is the same as that of Hong Kong stock margin accounts, both of which are 6.8 per cent; and, regardless of the outcome of the new share placement, interest is payable on the spread。
The fees for bank financing subscriptions are attributable to the relevant banks and a subscription fee of HK $100 per order is charged; the interest on bank financing varies according to the interest per share; similarly, the interest is payable regardless of the outcome of the IPO.。
However, the two subscription methods also have something in common: both charge an SEC transaction levy, an FRC transaction levy, a transaction fee and a commission (only when the transaction is successful);.0085% earnings charge; all charged by the Hong Kong Securities and Futures Commission, the Hong Kong Accounting and Financial Reporting Council, the Hong Kong Stock Exchange and Fortis Securities International (Hong Kong) Limited。
stock transfer
For traders who transfer shares, moomoo does not charge any fees for U.S., Hong Kong or Singapore shares.。
And for the transfer of shares, the situation is different.。
US Stock: $150 per transaction per stock, attributable to Moomoo Financial Singapore Pte Ltd.。
Hong Kong Stock: HK $500 per share per transaction, attributable to Moomoo Financial Singapore Pte Ltd。
Singapore Unit:
- Transfer to Central Custody (CDP): processing fee of S $100 per share per transaction attributable to Moomoo Financial Singapore Pte Ltd; CDP charges S $10 per share per transaction attributable to CDP。
- Transfer to other brokerage firms or financial institutions: processing fees of S $100 per transaction per share attributable to Moomoo Financial Singapore Pte Ltd; CDP charges S $5 per transaction per share attributable to CDP。
·Original
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