Fees and Charges

Equity Commissions

Markets Brokerage Fee *1 Other Costs Settlement Currency *2
United States
(New York Stock Exchange, NASDAQ) 		0.10% 
(Min USD 9.99)
For SELL Order only
Sales Tax: 0.0013%
Trading Fee: USD 0.000119 USD per share

For BUY Order on French and Italian ADR only
Financial Tax: 0.20%
USD
Australia *3 0.12% 
(Min AUD 19.95)
AUD
Japan 0.10%
(Min JPY 2,500)
JPY
Hong Kong 0.10% 
(Min HKD 88 or USD 12 or RMB 130) 


Warrants/CBBCs Trading: 0.10%
(Min HKD 88)
Stamp Duty *4: HKD 1.00 per HKD 1,000 gross amount

Levy: 0.0027%

Trading Fee: 0.0050%

CCASS Fee: 0.01% (Min HKD 3.00 or USD 0.38 or RMB 3.00 per execution)
HKD or USD or RMB
Shanghai – Hong Kong Stock Connect 0.30% 
(Min RMB 130)
Handling Fee: 0.00487%

Securities Management Fee: 0.002%

Transfer Fee: 0.004% (on gross amount)

Stamp Duty: 0.10% (For SELL order only)
RMB
Shenzhen – Hong Kong Stock Connect 0.30%
(Min RMB 130)
Handling Fee: 0.00487%

Securities Management Fee: 0.002%

Transfer Fee: 0.004% (on gross amount)

Stamp Duty: 0.10% (For SELL order only)
RMB
China B (Shanghai) 0.30%
(Min USD 18)
Service Charge: 0.15% (Min USD 35)

Clearing Fee: 0.05%

Levy: 0.00487%

CSRC Fee: 0.002%

Stamp Duty: 0.10% (For SELL order only)
 USD
China B (Shenzhen) 0.30%
(Min HKD 130)
Service Charge: 0.15% (Min HKD 150)

Clearing Fee: 0.05% (Max HKD 500)

Levy: 0.00687%

Stamp Duty: 0.10% (For SELL order only)
 HKD
Taiwan 0.30%
(Min NTD 800)
Transaction Fee: NTD 1,500

Remittance Charge: NTD 800

Sales Tax: 0.30% (For SELL order only)
 USD
Korea 0.30%
(Min KRW 25,000)
Remittance Charge: KRW 30,000

Sales Tax: 0.30% for Board Lot; 0.50% for Odd Lot (For SELL order only)
 USD
Indonesia 0.30%
(Min IDR 350,000)
Levy: 0.043%

V.A.T.: 10% on commission

Remittance Charge: IDR 200,000

Sales Tax: 0.10% (For SELL order only)
 USD
Malaysia 0.30%
(Min MYR 100)
Stamp Duty: 0.10% (rounded up to nearest dollar, max MYR 200)

Clearing Fee: 0.03% (Max MYR 1,000)

Remittance Charge: MYR 75
USD
Philippines 0.30%
(Min PHP 1,000)
V.A.T.: 12% on commission

SCCP Fee: 0.01%

Remittance Charge: PHP 1,000

Registration fee: PHP 1,000

Sales Tax: 0.60% (For SELL order only)
 USD
Singapore 0.30%
(Min SGD 35 or HKD 188 or USD 25)
Trading fee: 0.0075%

Clearing Fee: 0.0325% 

Remittance Charge:  SGD 0 or USD 20 or HKD 0
 SGD
Thailand 0.30%
(Min THB 800)
V.A.T.: 0.014% on gross amount

Remittance Charge: THB 1,000
USD
  1. Commission is charged on each order executed on the same day basis. For all U.S. trades, any price and/or quantity change for partially filled order will be treated as a new order and charged accordingly.
  2. When trading securities that settle in a currency other than its trading currency, you should be aware of the currency risk involved (including but not limited to exchange rate fluctuations) and the foreign exchange costs associated.
  3. GST included where applicable.
  4. Where a transaction on HKEX is subject to Stamp Duty the rate will be 0.10% of the gross amount, rounded up to the nearest Hong Kong dollar.

Any other fees will be passed through at cost


Depository Services

Markets Stock Custody Stock Deposit Stock Transfer Out Other Fees
United States Free DTC Transfer: USD 35 per stock DTC Transfer only: USD 0.015 per share
(Min USD 150 per stock)
ADR Depositary Agent Fee: USD 0.03 per share per year
Australia Free AUD 30 per stock AUD 75 per stock Any other fees will be passed through at cost
Japan Free Free JPY 3,500 per stock
Hong Kong Free CCASS Transfer: Free

Physical Cert

Govt. Transfer Deed: HKD 5.00 per stock

Handling Fee: HKD 500 per stock plus courier fee
CCASS Transfer: 
HKD 10.00 per board lot (Min HKD 100 per stock)

Physical Cert: 
HKD 10.00 per board lot (Min HKD 100 per stock)
Compulsory Share Buy-Back Fee: 
At Cost
Shanghai – Hong Kong Stock Connect 0.018% p.a. of total market value on daily basis, monthly aggregate
Free 0.018% of previous closing price 
(Min RMB 180 per stock)
Shenzhen – Hong Kong Stock Connect 0.018% p.a. of total market value on daily basis, monthly aggregate Free 0.018% of previous closing price 
(Min RMB 180 per stock)
China B (Shanghai) Free
China B (Shenzhen) Free
Taiwan 0.12% p.a.
(pay monthly based on the month end portfolio value)
Korea Free
Indonesia Free IDR 20,000 per stock IDR 350,000 per stock
Malaysia
 USD 3.00 per stock per month Free
Philippines Free PHP 800 per stock PHP 2,500 per stock
Singapore Free SGD 40 per stock SGD 80 per stock
Thailand Free Free THB 2,500 per stock
  • GST Applies to AU residents for all service fees in relation to the Australian market only
  • GST will not apply for Non-AU residents

Nominee Services

Markets Dividend Collection (Cash & Scrip) Dividend withholding Tax *1 Other Corporate Actions
United States USD 4.00 30% Tender Fee: USD 60 (voluntary) or USD 30 (mandatory)
Australia AUD 7.00 30% Any other fees will be passed through at cost
Japan JPY 800 15.315%
Hong Kong 0.60% (Min HKD 50 / RMB 50 /USD 20 / GBP 12) NIL Please refer to separate table on the following page
Shanghai – Hong Kong Stock Connect 0.60% (Min RMB 50) 10% Any Offers/Issues and Sub/Auto Exercise of Rights/Warrants: RMB 100
Shenzhen – Hong Kong Stock Connect 0.60% (Min RMB 50) 10% Any Offers/Issues and Sub/Auto Exercise of Rights/Warrants: RMB 100
China B (Shanghai) USD 8.00 10%
China B (Shenzhen) HKD 80 10%
Taiwan NTD 250 20% Bonus Share: NTD 1,500
Korea KRW 8,000 22%
Indonesia IDR 75,000 20%
Malaysia 1.35% (Min MYR 30) 25%
Philippines Handling Fee: PHP 400

Registration Fee: PHP 1,200
30% Bonus Share: PHP 1,000 (Registration Fee)
Singapore 1.35% (Min SGD 12) 20%
Thailand 1.35% (Min THB 350) 10%
  1. Dividend withholding tax is charged by the respective local government at the rate applicable to our Custodian, Monex BOOM Securities Ltd, in Hong Kong. This may not be the rate at which withholding tax would normally be applied for a resident of your country. You should seek your own professional tax advice to determine the impact that this may have on you. The rates listed are for reference only.

  • GST Applies to AU residents for all service fees in relation to the Australian market only
  • GST will not apply for Non-AU residents

Other Corporate Actions – Hong Kong Markets

Details Handling Fees Other Pass-on Charges
Book Close Fee CCASS Scrip Fee: HKD 1.50 per board lot
Bonus Share Free
Rights Issue Entitlement Free
Excess Rights Application Free
Subscription of Rights & Warrants HKD 150 CCASS Fee: HKD 0.80 per board lot
Auto-exercise of Warrants HKD 150 CCASS Fee: HKD 0.80 per board lot
Open Offer HKD 150 CCASS Fee: HKD 0.80 per board lot
Cash Offer HKD 150 CCASS Fee: HKD 0.80 per board lot

Stamp Duty: HKD 1.00 per HKD 1,000 (if any)
Share Consolidation / Split Free
Foreign Shares CCASS Custody Fee CCASS Fee: HKD 0.25 per 100 shares per month
ibond Custodian Fee Free
ibond Interest Collection Fee Free
ibond Redemption Fee Free
Change of Registration at Share Registrar HKD 800 per stock per Registration At cost

Account Services

Account Set-up and Maintenance

Account Opening Fee  Free
Initial Deposit *1  No minimum requirement on initial stock or fund deposit
Minimum Balance  No minimum requirement on stock holding or cash
Minimum Activity  No minimum requirement on number of trades or commission generated
Inactivity Fee None. All Inactivity Fees For Monex Securities Australia Pty Ltd were abolished in May 2018.  

Note: If an account holds no open positions and remains inactive for more than six (6) years, we may transfer the funds in the account to NSW Revenue as unclaimed money.
Custody Service  Free (except for Taiwan, Malaysia and SH-HK Connect and SZ-HK Connect stock holdings)

Remittance Services

Funds Deposit Free - All bank charges will be borne by client.
Funds Withdrawal Free - All bank charges will be borne by client.

Statement Services

Execution Confirmation Free - Execution confirmation will be sent by email. All the contracts for the day will be grouped in a Daily Activity Statement, which also serves as the execution confirmations and contract notes for all activities on that day.
Account Statements Free - Apply to sending Daily / Month Activity Statements by email. e-Statements within 12 months can also be downloaded online.
Statement Re-issue AUD 10.00 per Statement 
*Apply to re-issue of historical Daily / Monthly Activity Statements over 12 months old. 
Stock Balance or Account Confirmation AUD 10.00 per Request
  1. GST applies for AU residents on any transaction fees related to deposit and any other service fees


Dated: 5 June 2018 (version 1.6)

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