U.S. stock fees schedule
Type | Fees (USD) | Charged By |
|---|---|---|
Trading Commission | $0.015/share, min.$2/trade | Valuable Capital Financial Company |
Settlement Fee | $0.003/share, min. $0.01 /trade | U.S. Clearing House |
SEC Fee (Charged for sell orders only) | 0.0008%*trade amount, min.0.01 USD/transaction | SEC |
Trading Activity Fee (Charged for sell orders only) | $0.000145/share, min. $0.01/transaction, | FINRA |
VAT | 15%* (Commission+ Settlement Fee+ SEC Fee+ Trading Activity Fee) | Saudi Government |
Example: Assuming selling 100 shares of Company A at $9.78, trading fees are calculated as follows.
Type | Fees (USD) | Charged by |
Trading Commission | 100*0.015=$1.5, min. $2/trade | Valuable Capital Financial Company |
Settlement Fee | 100*0.003= $0.3 | U.S. Clearing House |
SEC Fee (Charged for sell orders only) | 100*0.0008%*9.78= $0.007824 | SEC |
Trading Activity Fee (charged for sell orders only) | 100*0.000145= $0.0145 | FINRA |
VAT | 15%* ($2+ $0.3+$0.01+ $0.0145 )= $0.348675 | Saudi Government |
Total | $2+$0.3+$0.01+$0.0145+$0.348675= $2.673175 | |
