US STOCKS
| Item | Rate | Charged by |
|---|---|---|
| Commission | USD 0.003 per share USD 0.99 minimum per deal maximum 1% of trading value | Snowball X |
| Platform fee | USD 0.004 per share USD 1.00 minimum per deal | Snowball X |
| Withholding charges* | USD 0.004 per share | External Agencies |
Notes: We advise investors to be more prudent with low-priced stocks. Trading low-priced stocks (below $1) carries risk of stock prices being volatile, and the risk of delisting. The charges of commission and platform fee on a trade together is capped at 1% of trading value. The minimum charge is USD1.99 and the maximum charge is capped at 1% of the trading value.
*The Withholding charges are a simplified summary of all kinds of miscellaneous fees collected by external agencies such as exchanges, SEC, and FINRA.
Other service charges for US stocks:
| Item | Rate | Charged by |
|---|---|---|
| Dividend tax | 10% of dividend (automatic withholding at the time of distribution) | US Tax Authority |
| American Depositary Receipt (ADR) custodial fees | USD 0.01~USD 0.03/share | Deposit Trust Company (DTC) |
| Capital gains tax | New Zealand residents, Mainland China residents fill out W8ben to exempt from capital gains tax | N/A |
| Position transfer fee | There is no charge for ACATS transfer on Snowball X | N/A |
| Real-time quote fees | Free on Snowball X | N/A |
| Account management fee (or minimum monthly commission) | Free on Snowball X | N/A |