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Wednesday, December 14, 2016
Breakdown of fees involved in trading
So I emailed my broker the other day and he promptly called me to say that I will receive a mail on the breakdown of the fees involved. Save the trouble of me figuring it out 😁
Here's the breakdown!
Proceeds
$115.50
(1) Brokerage Amt
$25 (Min.)
(2) Clearing Fee
$0.03 (0.0325%)
(3) Misc Fee
$0
(4) SGX Trading Fee
$0.01 (0.0075%)
GST @ 7% for (1) to (4)
$1.75
Net Amt
$142.29
Jiayou to me on making investments!
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