Zero commission for US stock

Hotline: (852) 2277 6678 (Mon to Fri) Foreign Stock Department e-mail: foreignstock@phillip.com.hk

美股佣金 US Commission Rate

 

 Online Commission
Trade Amt. Buy Sell
USD 1,500 0 0.068% of trade amt.
Min. USD 1
>USD 1,500 0.068%;
Min. USD 1
>USD 1,500 under Prepaid promotion 0.068%;Min. USD 1
Max. USD 5
 Phone Commission
Trade Amt. Buy Sell
USD 1,500 0.25% of Trade Amount <USD15,000,
0.20% of Trade Amount ≥USD15,000, Min. USD20 per order
>USD 1,500
>USD 1,500
Prepaid Promotion

 

View on WEIBO

View on YoKu

 

Terms and Conditions:

    1. The promotion is effective on 16 November 2020 under further notice.
    2. If the clients place order via mobile and online platform and the total buy consideration of US stock under $1500, they could enjoy the $0 commission.
    3. During the promotion period, if clients’ total buy consideration of US stock on a trade day is less than the settled cash in his/her stock account plus the US stock sale proceeds on that trade day, those buy trades can be classified as "Prepaid Trades", which can enjoy a promotional commission rate. Each eligible "Prepaid" buy trade will be charged at a flat rate of USD 5. For sell orders, standard commission rate will be applied.
    4. All online Buy trades over $1500 would be charge 0.068% of the total amount , min $1.
    5. All online buy trade and sell trade would be amalgamated. The clients buy same stock in the same day would be amalgamated into one trade.
    6. The commission fee for online selling orders is 0.068% of the transaction amount, and the minimum fee is $1.
    7. We would charge a settlement fee (NSCC/DTC Clearing Fee) and a transaction fee (FINRA TAF). There will be a settlement fee of 0.3 US cents per share for buying and selling transactions. Trading activity fee will be charged at 0.0119 US cents per share at the time of sale.
    8. The commission charge of phone ordering is 0.25% (less than $15,000) and 0.20% (equal to or higher than $15,000) of the transaction amount. The minimum charge is US$20.
    9. Non-online trading order are calculated in amalgamation. Customers buy and sell the same stocks on the same account on the same trading day on the same platform. All sell orders and buy orders will be combined separately.
    10. The offer does not apply to staff members (except Account Executives and IFA), Phillip Capital Management (HK) Limited clients, Capital Investment Entrance Scheme (CIES) clients, institutional clients and accounts that are already entitled to other interest rate promotions.

Disclosure and Disclaimer
Phillip Securities Group (the "Company") reserves the right to vary any promotion offers and services at anytime without further notice. In case of dispute, the decision of the Company shall be final. Investment involves risks. For more details, please refer to the Risk Disclosures Statement at www.poems.com.hk.
If do not wish to receive any more messages from Phillip Securities Group ,please contact our Customer Service Department at cs@philllip.com.hk or 22776555.

Frequently Asked Questions

1. How can I qualify for the zero commission on US stocks?

Clients who place orders online and buy US stocks less than US$1,500 in the same trading day will enjoy a zero commission discount. Only charge transaction activity fee and settlement activity fee.

2.What is order amalgamation?

A order amalgamation means that a customer buys the same stock multiple times (or sells the same stock multiple times) through the same trading channel on the same trading day, and the related transactions are automatically combined into a single purchase transaction (or a single sell transaction).

3.What do online and offline transactions mean?

Online transactions: including SATS and mobile platforms
Offline trading: place orders with brokers and traders over the phone

4. What is the transaction activity fee (FINRA TAF) and settlement fee (NSCC/DTC Clearing Fee)?

Trading activity fee: It is collected by FINRA (The Financial Industry Regulatory Authority, the largest non-government securities self-regulatory association in the United States). All members of the association trade registered securities on American exchanges (exempt from the exchanges under the Securities Exchange Act of 1934). Except for registered securities), no matter where the transaction is, a transaction activity fee is required. Based on the number of shares sold, 0.0119 US cents per share will be charged.
Settlement fees: Settlement fees collected by the US Securities Clearing Corporation (NSCC) and the U.S. Depository Trust Company (DTC-The Depository Trust Company) for providing clearing and settlement services for securities. A settlement fee of 0.3 US cents per share is charged.

5.How can I enjoy the PREPAID offer?

Client can enjoy the PREPAID offer if the available balance on the customer statement and the total US stock sell orders for the day are greater than the total US stock buy orders for the day.

6.Can the above offers be used at the same time?

Yes, all the above offers can be used at the same time.

Examples

Transactions of US trading enjoying Zero commission offer

E.g.1Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
1st Transaction AAPL 5 Online Buy 100 500 0.00
2nd Transaction AAPL 5 Online Buy 100 500 0.00
          Total 1,000 0.00
兩筆交易將自動合併成為1單買入交易,總成交金額低於1500美元,可享有零佣金優惠。
E.g.2Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
Ist transaction AAPL 5 Online Buy 100 500 0.00
2nd Transaction AAPL 5 Online Buy 100 500 0.00
3rd Transaction AAPL 10 Online Buy 100 1,000 0.00
          Total 2,000 1.36
3筆交易將自動合併成為1單買入交易,總成交金額為2000美元。1500美元以上的交易收費為總成交金額的0.068%。
APPL交易經合單後佣金為1.36美元。
E.g.3Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
1st transaction AAPL 5 Online Buy 100 500 0.00
2nd Transaction AAPL 5 Online Buy 100 500 0.00
          Total 1,000 0.00
3rd Transaction GOOG 1 Online Buy 1,500 1,500 0.00
          Total 1,500 0.00
由於AAPL合單以後的總成交金額以及GOOG交易的成交金額均低於1500美元,所有交易都可享有零佣金優惠。
E.g.4Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
第1宗交易 AAPL 5 Online Buy 100 500 0.00
          Total 500 0.00
2nd Transaction AAPL 5 Offline Buy 100 500 20
          Total 500 20
由於交易渠道不一,線上和線下交易不能合單。線上買入金額低於1500美元,可享有零佣金優惠。
線下買入則不享有新優惠,收費為成交金額的0.2%,最低收費為$20美元,所以收取20美元佣金。

 

E.g.5Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
1st transaction AAPL 15 Online Buy 100 1,500 0.00
          Total 1,500 0.00
第2宗交易 AAPL 15 線上 賣出 100 1,500 1.02
          總數 1,500 1.02
由於交易方向不一,買入和賣出交易不會合單。線上買入金額低於1500美元,可享有零佣金優惠。
線上賣出則享有新佣金優惠,收費為成交金額的0.068%,收取1.02美元。

 

Prepaid Offer Examples

Examples of transactions enjoying orepaid offer

當日戶口結單上可用結餘為10,000美元

E.g.6Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
1st Transaction AAPL 40 Online Buy 100 4,000 3
2nd Transaction AAPL 40 Online Buy 100 4,000 3
          Total 8,000 5
客戶「已預付金額」為 10,000美元,2單美股買單合成1單只需8,000 美元,尚餘「已預付金額」2,000 美元。
故該8,000 美元買單屬於「預付交易」,僅收取最高收費的5美元。

當日戶口結單上可用結餘為10,000美元

第1宗交易AAPL40線上買入1004,0003
E.g.7Stock nameStock codeChannelBuy/Sellprice(USD)Transaction amt.(USD)Brokerage(USD)
第2宗交易 AAPL 40 線上 買入 100 4,000 3
          總數 8,000 5
第3宗交易 AAPL 40 線上 賣出 100 4,000 2.72
          總數 4,000 2.72
客戶「已預付金額」為 10,000美元,2單美股買單合成1單只需8,000 美元,尚餘「已預付金額」2,000 美元。
故該買單屬於「預付交易」,僅收取最高收費的5美元。
線上賣出則享有新優惠,收費為成交金額的0.068%,收取2.72美元。

當日戶口結單上可用結餘為10,000等值美元

E.g.8股票名稱交易數量交易渠道交易方向成交價格(USD)交易金額(USD)交易佣金(USD)
第1宗交易 AAPL 40 線上 買入 100 4,000 2.72
第2宗交易 AAPL 70 線上 買入 100 7,000 4.76
          總數 11,000 7.48
客戶「已預付金額」為10,000美元,2單美股買需11,000美元,不足以「預付」以上所有交易。
客人戶口需要存入11,000美元才能享有預付優惠,所以佣金為成交金額的0.068%,7.48美元。

 

當日戶口結單上可用結餘為-10,000港元、20,000 美元、10,000 加元

E.g.9股票名稱交易數量交易渠道交易方向成交價格(USD)交易金額(USD)交易佣金(USD)
第1宗交易 AAPL 40 線上 買入 100 4,000 2.72
第2宗交易 AAPL 40 線上 買入 100 4,000 2.72
          總數 8,000 5.00
客戶「已預付金額」為美元等值約26,000,足以「預付」8,000美元等值的美股買單。
故該美股買單屬於「預付交易」,可享特惠佣金最高收費5美元。

 

當日戶口結單上可用結餘為1,000,000等值美元

E.g.10股票名稱交易數量交易渠道交易方向成交價格(USD)交易金額(USD)交易佣金(USD)
第1宗交易 JD 10,500 線上 買入 90 945,000 642.60
          總數 945,000 642.60
第2宗交易 JD 500 線上 買入 90 45,000 5.00
          總數 45,000 5.00
第3宗交易 AAPL 15 線上 買入 100 1,500 0.00
          總數 1,500 0.00
雖然客戶足以「預付」以上所有交易,但第1單JD股數超過預付優惠股數限制的10,000股,故不包括在這次優惠計劃當中。
第2單JD買單屬於「預付交易」,可享特惠佣金最高收費5美元。
第3單AAPL交易總成交金額低於1500美元,可享有零佣金優惠。

(以上佣金收費計算並未扣除交易活動費和結算費)

Top of Page
Contact Us
Please contact your account executive or call us now.
Foreign Stock
Tel : (852) 2277 6678 (24Hr)
Fax : (852) 2277 6006
Email : foreignstock@phillip.com.hk

Enquiry & Support
Branches
The Complaint Procedures
About Us
Phillip Securities Group
Join Us
Phillip Network
Phillip Post
Phillip Channel
Latest Promotion
E-Check
Login
Investor Notes
Free Subscribe
Contact Us
avatar