Friday, October 31, 2008

Brokerage Charges

When you buy or sell in stock market, there are some charges for the transaction. Different country will have different policy. Here are some charges for different country:

Malaysia:

Brokerage

0.7% (Max) or RM40

Clearing Fees

0.015%

Stamp Duty

RM1 for every RM1000 value


Singapore:

Brokerage

0.25% (Max) or SGD30

Clearing Fees

0.04%

Access Fees

0.005%

Hong Kong:

Brokerage

0.1% (Max) or HKD50

Clearing Fees

0.0025%

Stamp Duty

0.1%

Levy Fees

0.004%

Trading

0.005%

Thailand:

Brokerage

0.4%

Bank fix charge (depend on bank)

THB500

Vat charge

0.021% - 0.571%

Capital gain tax (selling only)

0.15%

Forex differences will be count on the day of the transaction.

Most of the Securities Firm in Malaysia, if there is dividend, pay out by foreign listed company, the dividend will send to the Securities Firm, then only distribute to the shareholder accordingly.

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