BOND

Commissions and Platform Fees
ItemRateCharged by
Platform Usage Fee0.001 * Bond Face ValueSnowball X
Service Fee10 USDSnowball X

Note: A basic platform fee of 10 USD is charged per order, and commission fees are determined based on the bond face value for both buying and selling, with charges applied in both directions.

Example:

For a U.S. Treasury bond order with a face value of 500,000 USD:

Charge = 10 USD (platform fee) + 500 USD (commission) = 510 USD

Note: The commission part will not exceed 1.6% of the transaction value at most.

Example: For a transaction with a bond face value of 100,000 USD, the commission according to Snowball's standard would be: 100,000 * 0.1% + 10 = 110 USD; However, since the client's transaction bond value is 3,000 USD, the commission fee cannot exceed 3,000 x 1.6% = 48.00 USD, and the final charge is 48.00 USD.


Third-Party Collection Items

Snowball X collects third-party service fees on behalf, which specifically include:

ItemRateMaximum Charge
FINRA Transaction Activity Fee (only for USD-denominated bonds)0.00092 USD * quantity sold0.92 USD
Exchange FeeRefer to Bond Exchange charged fee
Custody FeeNone