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)
① If an order is divided into multiple transactions, the order will only be charged once
② Accumulated Monthly Orders: Accumulated on a monthly basis and recalculated on the first trading day of each month or after the user changes fee package.
③ An annual Interest rate of 6.8% is charged when the account cash balance is negative (effective June 06, 2017). Interest is calculated on a daily basis and is settled at the end of the month.
④ The default fee package for HK Stocks is set to "Fixed" after account opening. The user can switch to other fee package if needed.
⑤ 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
① If the cumulative number of orders each month is less than 35, it is recommended to choose the fixed type, which is suitable for ordinary traders.
② If the cumulative number of orders each month is greater than 35, it is recommended to choose the tiered type, which is suitable for high-frequency traders.
① Charges are calculated in "transaction amounts closed" in charge items (each order may be divided into multiple transactions)
② Under normal circumstances, no stamp duty is levied when trading warrants, CBBCs, ICBCs and ETFs the exact range of stamp duty is subject to the official statement of the Hong Kong Government.
③ Table is for reference, actual charges may differ
④ On the FUTU platform, SFC Transaction Levy is abbreviated as SFC Levy, FRC Transaction Levy is abbreviated as FRC Levy
⑤ FRC Transaction Levy will be effective from January 1, 2022
① Please refer to the HKEx website for the classification of options.
② 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 Futu does not support short stock positions after exercise delivery, please ensure that sufficient stock positions is present for exercise delivery if needed, otherwise Futu will retain the right to liquidate such option positions.
② The HK commission-free seed currently does not apply to HK stock option trades, but applies to HK stock trading due to the exercise of stock options.
① Shares less than one lot are counted as one lot
② When cash dividends are paid on HK stocks, Futu will collect two types of fees on behalf of the HKEX
A: Registration and transfer fee, HKD1.5/lot, any amount less than one lot is counted as one lot (calculated based on the number of new shares added between the previous registration date and the current registration date; if no new shares are added, no fees will be charged)
B: Dividend Collection Fee, calculated as 0.2% of total cash dividends, subject to a minimum of HK$30. (0.12% of the total cash dividends is charged on behalf of the exchange, and the remaining 0.08% is charged by Futu)
● No dividend collection fee will be charged if the dividend payout balance is <= 0 after the registration and transfer fee is collected;
● If the balance of the dividend payout is >0 but less than HK$30 after the registration and transfer fee is collected, the full amount of the dividend will be deducted as dividend collection fee.
③ For express physical stock registration, the registration time period only includes the processing time of the registrar, but excludes that of the CCASS and Futu, and an additional stamp duty fee of HK$5 per deed will be charged.
*Starting from 1st November 2021, an administration fee will be charged for account cancellation and/or service termination within 180 days from the date of account opening.
The above charging standards are only applicable to orders placed through the Futu APP. For other special order trading methods, please contact Futu.