Fees and Charges

Monex Brokerage Fees

Markets Brokerage Fee *1 Settlement Currency *2
United States
New York Stock Exchange (NYSE)
NASDAQ
0.10%  
(Min USD 9.99) 
USD
Australia *3
Australian Stock Exchange (ASX)
0.12%  
(Min AUD 19.95) 
AUD
Japan
Tokyo Stock Exchange (TSE)
0.10% 
(Min JPY 2,500) 
JPY
Hong Kong
Hong Kong Stock Exchange (HKEX)
0.10%  
(Min HKD 88 or USD 12 or RMB 130)  
Warrants/CBBCs Trading: 0.10% 
(Min HKD 88) 
HKD or USD or RMB
China
Shanghai Stock Exchange (SSE)
Shenzhen Stock Exchange (SZSE)
(via Hong Kong Stock Connect)
0.30%  
(Min RMB 130) 
RMB
China B
Shanghai Stock Exchange (SSE)
0.30% 
(Min USD 18) 
USD
China B
Shenzhen Stock Exchange (SZSE)
0.30% 
(Min HKD 130) 
HKD
Taiwan
Taiwan Stock Exchange (TWSE)
0.30% 
(Min NTD 800) 
USD
Korea
Korea Exchange (KRX) including KOSDAQ
0.30% 
(Min KRW 25,000) 
USD
Indonesia
Indonesia Stock Exchange (IDX)
0.30% 
(Min IDR 350,000) 
USD
Malaysia
Bursa Malaysia (MYX)
0.30% 
(Min MYR 100) 
USD
Philippines
Philippines Stock Exchange (PSE)
0.30% 
(Min PHP 1,000) 
USD
Singapore
Singapore Exchange (SGX)
0.30% 
(Min SGD 35 or HKD 188 or USD 25) 
SGD
Thailand
Stock Exchange of Thailand (SET)
0.30% 
(Min THB 800) 
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.

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Trade over 50,000 securities
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No joining fees
No inactivity fees
No minimum funding requirements

Monex Account Service Fees

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

Markets Stock Custody Stock Deposit Stock Transfer Out Other Fees
United States
New York Stock Exchange (NYSE)
NASDAQ
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 
Australian Stock Exchange (ASX)
Free AUD 30 per stock AUD 75 per stock Any other fees will be passed through at cost 
Japan
Tokyo Stock Exchange (TSE)
Free Free JPY 3,500 per stock
Hong Kong
Hong Kong Stock Exchange (HKEX)
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 
China
Shanghai Stock Exchange (SSE)
Shenzhen Stock Exchange (SZSE)
(via 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 Stock Exchange (SSE)
Shenzhen Stock Exchange (SZSE)
Free
Taiwan
Taiwan Stock Exchange (TWSE)
0.12% p.a. 
(pay monthly based on the month end portfolio value) 
Korea
Korea Exchange (KRX) including KOSDAQ
Free
Indonesia
Indonesia Stock Exchange (IDX)
Free IDR 20,000 per stock IDR 350,000 per stock
Malaysia
Bursa Malaysia (MYX)
USD 3.00 per stock per month Free
Philippines
Philippines Stock Exchange (PSE)
Free PHP 800 per stock PHP 2,500 per stock
Singapore
Singapore Exchange (SGX)
Free SGD 40 per stock SGD 80 per stock
Thailand
Stock Exchange of Thailand (SET)
Free Free THB 2,500 per stock
  1. GST Applies to AU residents for all service fees in relation to the Australian market only
  2. GST will not apply for Non-AU residents
Markets Dividend Collection (Cash & Scrip) Dividend withholding Tax *1 Other Corporate Actions
United States
New York Stock Exchange (NYSE)
NASDAQ
USD 4.00 30% Tender Fee: USD 60 (voluntary) or USD 30 (mandatory)
Australia 
Australian Stock Exchange (ASX)
AUD 7.00 30% Any other fees will be passed through at cost
Japan
Tokyo Stock Exchange (TSE)
JPY 800 15.315%
Hong Kong
Hong Kong Stock Exchange (HKEX)
0.60% (Min HKD 50 / RMB 50 /USD 20 / GBP 12) NIL Please refer to separate table on the following page
China
Shanghai Stock Exchange (SSE)
Shenzhen Stock Exchange (SZSE)
(via 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 Stock Exchange (SSE)
USD 8.00 10%
China B
Shenzhen Stock Exchange (SZSE)
HKD 80 10%
Taiwan
Taiwan Stock Exchange (TWSE)
NTD 250 20% Bonus Share: NTD 1,500
Korea
Korea Exchange (KRX) including KOSDAQ
KRW 8,000 22%
Indonesia
Indonesia Stock Exchange (IDX)
IDR 75,000 20%
Malaysia
Bursa Malaysia (MYX)
1.35% (Min MYR 30) 25%
Philippines
Philippines Stock Exchange (PSE)
Handling Fee: PHP 400 
Registration Fee: PHP 1,200 
30% Bonus Share: PHP 1,000 (Registration Fee)
Singapore
Singapore Exchange (SGX)
1.35% (Min SGD 12) 20%
Thailand
Stock Exchange of Thailand (SET)
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

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
Markets Other Costs 
United States
New York Stock Exchange (NYSE)
NASDAQ
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% 
Australia
Australian Stock Exchange (ASX)
nil
Japan
Tokyo Stock Exchange (TSE)
nil
Hong Kong
Hong Kong Stock Exchange (HKEX)
Stamp Duty *1: 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) 
China
Shanghai Stock Exchange (SSE)
Shenzhen Stock Exchange (SZSE)
(via Hong Kong Stock Connect)
Handling Fee: 0.00487% 
Securities Management Fee: 0.002% 
Transfer Fee: 0.004% (on gross amount) 
Stamp Duty: 0.10% (For  SELL order only) 
China B
Shanghai Stock Exchange (SSE)
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) 
China B
Shenzhen Stock Exchange (SZSE)
Service Charge: 0.15% (Min USD 35) 
Clearing Fee: 0.05% (Max HKD 500)  
Levy: 0.00687% 
Stamp Duty: 0.10% (For  SELL order only) 
Taiwan
Taiwan Stock Exchange (TWSE)
Transaction Fee: NTD 1,500 
Remittance Charge: NTD 800 
Stamp Duty: 0.30% (For  SELL order only) 
Korea
Korea Exchange (KRX) including KOSDAQ
Remittance Charge: KRW 30,000 
Sales Tax: 0.30% for Board Lot; 0.50% for Odd Lot (For  SELL order only)
Indonesia
Indonesia Stock Exchange (IDX)
Levy: 0.043% 
V.A.T.: 10% on commission 
Remittance Charge: IDR 200,000 
Sales Tax: 0.10% (For  SELL order only)
Malaysia
Bursa Malaysia (MYX)
Stamp Duty: 0.10% (rounded up to nearest dollar, max MYR 200) 
Clearing Fee: 0.03% (Max MYR 1,000) 
Remittance Charge: MYR 75 
Philippines
Philippines Stock Exchange (PSE)
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)
Singapore
Singapore Exchange (SGX)
Trading fee: 0.0075%
Clearing Fee: 0.0325%  
Remittance Charge:  SGD 0 or USD 20 or HKD 0
Thailand
Stock Exchange of Thailand (SET)
V.A.T.: 0.014% on gross amount 
Remittance Charge: THB 1,000 
  1. 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.

Dated: 5 June 2018 (version 1.6)