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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