What is minimum commission?Minimum Commission
The lowest commission a broker charges per trade. When a trade is very small and the percentage commission falls below it, you still pay the minimum, so fees take a bigger share.
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- China A-Share Rules100-Share Lots and Trading Costs
A-share purchases must be in multiples of 100 shares; every trade pays commission and a transfer fee, sells also pay stamp duty, and minimum commissions make small trades expensive.
- Hong Kong Stock RulesStamp Duty and Trading Costs
Buyers and sellers of Hong Kong stocks each pay 0.1% stamp duty, with anything under a dollar counted as a dollar; add trading fees, levies and broker commission and you have the cost of each trade.
- Taiwan Stock RulesDay Trading and the Halved Transaction Tax
A stock day trade means buying and selling the same stock on the same day and settling only the difference; the transaction tax is halved to 0.15%, but you still have to account for commission and the risk of not being able to sell.
- US Stock RulesThe Costs Behind Zero Commission, and Dividend Withholding Tax
Zero commission isn't zero cost: there's still the bid-ask spread and small regulatory fees on sales; dividends to non-US residents are withheld at 30% by default, reduced under a tax treaty once you file a W-8BEN.
Related terms
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