US stock fees (stocks, ETFs, options)

1. US stocks and ETFs

Transaction and charge fees are both in U.S. dollars

1.1 Commission

1.2 Platform Fees

Details will be introduced separately in fixed and tiered types.

1.2.1 Fixed (Suitable for ordinary traders)

1.2.2 Tiered(Suitable for high frequency traders)

Notes: 

① An order can be divided into multiple transactions but will only be charged once.

② Cumulative trading shares per month: accumulated on a monthly basis and recalculated on the first trading day of each month or after the user changes its fee packages.

③ An annual Interest rate of 4.8% is charged when the account cash balance is negative. Interest is calculated on a daily basis and is settled at the end of the month.

④ After the account is opened, the fee package for US stock trading is fixed by default, and you can switch the package by yourself.

⑤ Low-priced stocks are generally more volatile and have the possibility of being delisted, investors need to pay attention to these risks. In order to protect the interests of investors, commission and platform fees are charged at maximum 0.5% of the transaction amount. If it conflicts with the minimum standard, we will charge $0.99/order, according to the minimum standard.

⑥ Valid orders are settled based on the trading day. Transactions in the same trading day will be treated as 1 order, while transactions in the different trading days will be treated as different orders to calculate transaction related fees.

1.2.3 Comparison of different fee packages

Notes:

① If the cumulative number of shares traded each month is  less than 274,000 shares, it is recommended to choose the fixed type, which is suitable for ordinary traders.

② If the cumulative number of shares traded each month is greater than 274,000 shares, it is recommended to choose the tiered type, which is suitable for high-frequency traders.

1.3 Other Fees

Notes: 

① An order can be divided into multiple transactions but will only be charged once.

② All the transactions which have an effective settlement date of February 25, 2021 or later will have the SEC fee rate "$0.0000051 * transaction amount, min $0.01" applied.


2. U.S. Options

Transaction and charge fees are both in U.S. dollars

2.1 Commission 

2.2 Platform Fees

Details will be introduced separately in fixed and tiered types.

2.2.1 Fixed (Suitable for ordinary traders)

2.2.2 Tiered(Suitable for high frequency traders)

2.2.3 Comparison of different fee packages

Notes:

① If the cumulative number of contracts traded each month is  less than 6,800, it is recommended to choose the fixed type, which is suitable for ordinary traders.

② If the cumulative number of contracts traded each month is greater than 6,800, it is recommended to choose the tiered type, which is suitable for high-frequency traders.

③ Valid orders are settled based on the trading day. Transactions in the same trading day will be treated as 1 order, while transactions in the different trading days will be treated as different orders to calculate transaction related fees.

2.3 Other Fees


3. U.S Other Service Fees

3.1 Fund Deposit/Withdrawal/Exchange

3.2 Transfer Stock In/Out

3.3 Other Service Fees

Notes: 

① Transferring two stocks BABA and APPLE from Futu Securities to other brokers, the Transfer Fee is $150*2= $300.

② Custody Fees of ADR depending on the actual deduction amount.

③ Dividend taxation: When dividends are distributed, a certain amount of dividend tax will be charged. The tax rate varies according to the regulations of each country. For details, please refer to the daily account statement.

④ As of ADR conversion, one lot consists of 100 ADS, and less than one lot is rounded up to one lot.


The above charging standards are only applicable to orders placed through the Futu APP. For other special order trading methods, please contact Futu.