Trading
| Scrip In/Out
| Cash In/Out
| IPO
| Expiry
| Exercise
| Distribution
| Corporate Action
| Statement
| Stock Borrowing
| Others
| Interest Rates
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I-Access Commission Rate
Investment | Commission (Note 1) | Market Order Commission (Note 1)
| Hong Kong securities | 0.25% of transaction amount with minimum charge $100
| Shanghai/Shenzhen A shares | $5 per order
| Futures | $5 per contract | $2 per contract (Note 2)
| If 3,000 or more futures contracts of any kind are traded (Note 3) in the same month, $2 per contract on the following trading day in the same month
| If 10,000 or more futures contracts of any kind are traded (Note 3) in the same month, $0 per contract on the following trading day in the same month
| Index/Currency option | $5 per contract
| Stock option | For 5 or fewer contracts, $5 per contract
For over 5 contracts, $5 per contract or 0.1% of total premium (round up to $1), whichever is lower, with minimum charge of $30
| Equity-linked option | $5 per contract
| Spot bullions | Zero
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Note 1: | One i-pons worth $5 will be granted for every $50 commission plus ISSnet system fee actually paid (after the used i-pons value) in all investment products in one day. |
| Note 2: |
Market Order Commission is only applied to orders entered by clients directly for futures transactions at market prices. It does not applicable for the following market orders:
1. Stop loss market order;
2. Auto-close order for session, day or tonight positions;
3. Force closure/auto-close order due to insufficient fund;
4. Market order in any type of special orders;
5. Market order handled by I-Access staff manually;
6. Option market order; and
7. Market order for Northbound Trading Link under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.
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| Note 3: | Futures contracts due to physically settled option exercise are not counted. |
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Hong Kong Listed Securities Other Trading Fees
Fee Item | Charge Rate
| Stamp duty (Note 4) | 0.1% of order consideration (round up to $1)
| Trading fee (Note 9) | 0.005% of trade (Note 5) consideration
| SFC levy | 0.0027% of trade (Note 5) consideration
| FRC levy | 0.00015% of trade (Note 5) consideration
| Clearing fee | 0.002% of trade (Note 5) consideration
(min. $2, max. $100)
| Trading tariff (Note 9) | $0.5 per trade (Note 5)
| ISSnet system fee | $0.5 per trade (Note 5)
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Shanghai and Shenzhen Stock Connect A Shares Other Trading Fees
Fee Item | Charge Rate
| Stamp duty | 0.1% of sold trade (Note 5) consideration
| Handling fee | 0.00487% of trade (Note 5) consideration
| Securities management fee | 0.002% of trade (Note 5) consideration
| Transfer fee | 0.002% of trade (Note 5) consideration
| Clearing fee | 0.002% of trade (Note 5) consideration
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Hong Kong Listed Securities Special Trading Fees
Fee Item | Charge Rate
| TSF settlement fee (Note 6) | $30 per order
$2.0 per trade (Note 5)
| Inter-counter transfer fee (Note 7) | $5 per order
| Monthly plan service fee | $5 per stock per month
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Note 4: |
All derivative warrants and CBBCs, most of the debts and some ETFs are not subject to stamp duty. Detailed information can be found at
http://www.hkex.com.hk/eng/market/sec_tradinfo/secstpduty.htm.
| Note 5: |
One order may have one or more trades, so other trading fees (except stamp duty) of Hong Kong securities, and other trading fees of Mainland A shares are calculated on a per trade basis.
| Note 6: |
TSF settlement fee only applies to securities transactons through the trading support facility of HKEx.
| Note 7: |
Inter-counter transfer fee only applies to dual-counter sell orders when the selling currency is different from the purchase one.
| Note 8: |
For order lasting over one trading day, the above charges are collected for each trading day with matched trade(s).
| Note 9: |
The fees are collected on behalf of and will be paid to the Stock Exchange of Hong Kong Limited.
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Other Futures Trading Fees
Fee Item | Contract Class | Charge per Contract
| Trading fee
| HSI futures
CES 120 Index futures
Volatility futures
USD/CNH futures | $10
| HTI futures | $5 ($2.5 at or before 21 May 2021 day session)
| MSCI Taiwan Index futures
MSCI Asia ex Japan futures
Other MSCI futures | $7.9
$4.0
$4.8
| Gold futures | $8
| Iron ore futures | $8
| EUR/CNH futures
JPY/CNH futures
AUD/CNH futures | $6.3
| Treasury Bond futures | $6.3
| CNH/USD futures | $4.8
| Mini-HSI futures
HHI futures | $3.5
| Stock futures | $3 (Tier 1)
$1 (Tier 2)
$0.5 (Tier 3)
| Mini-HHI futures
Sector index futures | $2
| MIni-USD/CNH futures | $2 (waived at or before 30 July 2021 day session) | HSI dividend futures | $3
| HHI dividend futures | $1.5
| Interest rate futures | $5
| London metal mini-futures | $4
| BRICS futures | IBOVESPA $10
Others $5
| SFC levy
| HSI futures
HHI futures
CES 120 Index futures
Sector index futures
Dividend futures
Volatility futures
Interest rate futures
London metal mini-futures
BRICS futures
Treasury Bond futures
Gold futures
Iron ore futures
MSCI futures | $0.54
| HTI futures | $0.54 (waived at or before 21 May 2021 day session)
| Mini-HSI futures
Mini-HHI futures
Stock futures | $0.1
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Other Option/ELPO Trading Fees
Fee Item | Contract Class | Charge per Contract
| Trading fee
| HSI option | $10
| Mini-HSI option | $2
| HHI option | $3.5
| Mini-HHI option | $1
| USD/CNH option | $10
| Stock option
Equity-linked option | $3 (Tier 1)
$1 (Tier 2)
$0.5 (Tier 3)
| SFC levy
| HSI option
HHI option
Mini-HHI option | $0.54
| Mini-HSI option | $0.1
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Scrip In/Out Fees
Fee Item | Collector | Charge Rate
| Custody fee* | I-Access | $1200 anually plus $0.05 per board lot (odd lot counted as 1 board lot)
| Scrip deposit | HK Government | $5 per transfer deed |
Scrip withdrawal |
I-Access
| $5 per transfer deed (min. $30) |
HKEx
| $3.5 per lot ($3.5 for quantity less than 1 lot) |
Settlement instruction
Securities deposit |
| Free
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Settlement instruction
Securities withdrawal |
I-Access
| $30 |
Huatai
| $100 |
HKEx
| Clearing fee 0.002% of value (min. $2, max. $100) |
Investor settlement instruction
Securities deposit
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| Free |
Investor settlement instruction
Securities withdrawal |
I-Access
| $30 |
Huatai
| $100 |
Transfer to Huatai account under the same name |
I-Access
| 30元 |
* | Custody fee is charged on I-Access Investors Ltd client accounts with cash and/or securities. |
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Cash In/Out Fees
Fee Item | Charge Rate
| Cash/Draft deposit | Free (may have bank charges)*
| Cheque deposit/Bank transfer | Free
| Remittance | Per bank charges
| Withdrawal | (HK bank account) Free
(Overseas bank account) Per bank charges
| Bounced cheque | $100 + bank charges
| Stop cheque | $100 + bank charges
| Inquiry of depositor's information at bank** | Per bank charges
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* | Clients who make cash or non-cheque deposits directly into I-Access bank accounts may be subject to large cash deposit charge or non-cheque deposit process charge. I-Access will deduct the same amounts from the clients' I-Access accounts to pay for the bank charges. To avoid such charges on your deposits, clients should use cheques or transfers. For cash deposit, clients should pay attention to the banks' definitions of large cash deposit. |
| ** | When client deposit fund into an I-Access bank account, you should send a copy or photo of the bank-in slip, online bank transfer screen dump, ATM transfer screen dump, or cheque to I-Access email info@i-access.com as soon as practicable. Such proof must show the name and bank account (if not cash deposit) of the depositor. If I-Access cannot receive the abovementioned proof within one week from the deposit date, it will send an inquiry about the depositor's information at the relevant bank, and client has to pay for the inquiry fee charged by the bank. |
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IPO Fees
Fee Item | Charge Rate
| eIPO handling fee | $5.5
| IPO loan fee | Zero (loan amount $100,000 or less)
$100 (loan amount more than $100,000)
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(1) | Client who has been alloted the IPO new shares, and when the IPO shares are successfully listed, will be refunded HKEX trading fee, SFC levy, and eIPO handling fee.
| (2) | If client cancels an IPO subscription, or is not allotted IPO shares, or the IPO company withdraws its listing, eIPO handling fee will not be refunded. |
| (3) | If client sells the IPO stock subscribed through I-Access at the New Share Board or on the first day of listing of the new stock, client will be rebated all the transaction costs of the sell order, including stamp duty, SFC levy, HKEX trading fee, clearing fee, trading tariff and system fee. |
| (4) | All the abovementioned refund and rebate will be deposited into client's I-Access cash account after market close on the first listing day of the IPO stock. |
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Securities/Contract/Bond Expiry Fees
Fee Item | Collector | Securities/Contract Class | Charge Rate |
CBBC mandatory call/
expiry |
| No cash value | Nil |
I-Access | With cash value | $5 |
HKEx | $0.8 per board lot |
Expiry of futures open position |
I-Access | | $5 per contract
| HKEx
| HSI futures
CES 120 index futures
Volatility futures
USD/CNH futures | $10 per contract |
MSCI Taiwan Index futures
Other MSCI futures | $7.9 per contract
$4.8 per contract | EUR/CNH futures
JPY/CNH futures
AUD/CNH futures
Treasury Bond futures | $6.3 per contract
| CNH/USD futures | $4.8 per contract
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HHI futures
Mini-HSI futures | $3.5 per contract |
HTI futures | $2.5 per contract |
Mini-HHI futures
Mini-USD/CNH futures
Stock futures
Sector index futures | $2 per contract |
HSI dividend futures | $3 per contract |
HHI dividend futures | $1.5 per contract |
London metal mini-futures | $1.5 per CNH contract
$1.6 per USD contract |
Interest rate futures | $5 per contract |
BRICS futures | IBOVESPA $10 per contract
Others $5 per contract |
Gold futures | $16 per contract |
Iron ore futures | $8 per contract |
Equity-linked option (not exercised)
| I-Access | | $5 per contract |
Bond expiry or redemption
| I-Access | | $5
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Warrant Exercise Fees
Fee Item | Collector | Charge Rate
| Exercise of in-the-money derivatives warrant | I-Access | $5 |
HKEx | $0.8
| Exercise of equity warrant |
I-Access | $1 per lot (min. $5, max. $100) |
HKEx | $0.8 per lot (max. $10,000) |
Index/Currency Option Exercise Fees
Fee Item | Collector | Contract Class | Charge Rate |
Exercise of in-the-money index/currency option |
I-Access | | $5 per contract |
HKEx
| HSI option
USD/CNH option | $10 per contract |
Mini-HSI option | $2 per contract |
HHI option | $3.5 per contract |
Mini-HHI option | $1 per contract |
Physically Settled Index Option Exercise Fees
Fee Item | Collector | Contract Class | Charge Rate |
Exercise of in-the-money index option |
I-Access | | $5 per contract |
HKEx
| HSI option | $10 per contract |
HHI option | $3.5 per contract |
I-Access | Futures commission | $5 per contract |
Stock Option/ELPO Exercise Fees
Fee Item | Charge Rate
| Handling charge | $5 per contract
| Exercise fee | $2 per contract (not applicable to short positions or ELPO)
| Stamp duty | 0.1% of exercise amount (round up to $1)
| Trading fee | 0.005% of exercise amount
| SFC levy | 0.0027% of exercise amount
| FRC levy | 0.00015% of exercise amount
| Clearing fee | 0.002% of exercise amount (min. $2, max. $100)
| HKEX trading tariff | $0.5
| ISSnet system fee | $0.5
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Distribution Fees
Fee Item | Collector | Charge Rate
| Scrip fee | HKEx | $1.5 per lot ($1.5 for quantity less than 1 lot)*
| Cash dividend | I-Access | $50 |
HKEx | 0.12% of dividend |
Interest of unlisted bonds | I-Access | $50 | Non-cash distribution
E.g. bonus shares, warrants, rights | I-Access | $50
| Unclaimed dividend or other entitlements | I-Access | $230 |
HKEx | $200
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* |
Holdings held at an I-Access account with the scrip fee already paid before are exempted if they are not ever sold till the fee calculation date. Quantity sold and purchased back has to pay the scrip fee.
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Corporate Action Fees
Fee Item | Collector | Charge Rate
| Preferential subscription
E.g. rights subscription, preferential offer | I-Access | $1 per lot (min. $50, max. $100)
| HKEx | $0.8 per lot (max. $10,000)
| Preferential offer has to collect commission, SFC levy and trading fee
| Share consolidation/
subdivision | I-Access | $50 per input |
Acquisition/Privatization | I-Access | $50 |
HK Government | Stamp duty 0.1% of value (round up to $1)
| HKEx | $0.8 per lot (max. $10,000)
| Register for general meeting | I-Access | $50 per person | Reverse consolidation/
subdivision | I-Access | $50 |
Statement Fees
Fee Item | Charge Rate
| e-statement | Free
| Statement by mail | $50 per statement + postage
| Previous day's e-statement | For statements within 1 month, free for first 10 requests, then $5 per statement
For statements one month ago, $5 per statement
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Other Fees
Fee Item | Charge Rate
| Real-time quotation service | $210 per month
| Short selling due to option exercise | 0.5% of market value on settlement date (max. $100000)
| Shareholder registration | $20 per time
| Client's auditor
confirmation request | $200 per time
| Error trade processing | $4,000 per time ($3,000 charged by HKEx included)
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Interest Rates
Account | Balance | Annual rate
| Cash | HK$ Deposit | 0.00%
| US$ Deposit | 0.00%
| RMB Deposit | 0.00%
| Debit |
The lower of lending stock value and credit value or below
Prime rate
Credit value or below
Prime rate + 5.00%
The portion exceeding credit value but not more than portfolio value
Prime rate + 8.00%
The portion exceeding portfolio value
20%
| Margin | Deposit | 0.00%
| Debit |
Marginable value or below
Prime rate + 2.00%
The portion exceeding marginable value but not more than portfolio value
Prime rate + 5.00%
The portion exceeding portfolio value
20%
| Derivatives | Deposit | 0.00%
| Debit | Prime rate + 5.00%
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1. |
Prime rate is that of HSBC: currently 5.875% p.a. |
| 2. |
Debit balance interest is calculated every day, based on 365 days/year. Daily interest = Debit balance x relevant interest rate p.a. / 365, round up to $0.01 (Japanese yen 1).
| 3. |
Credit balance interest is calculated every day, based on 365 days/year. Daily interest = Credit balance x relevant interest rate p.a. / 365, round down to $0.01 (Japanese yen 1).
| 4. |
Accrued daily interest is collected or paid at month end.
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Stock Borrowing
Fee Item | Charge Rate
| Open Borrowing Account | Inland Revenue Department registration fee $270
| Open Lending Account | Inland Revenue Department registration fee $270
| Borrow a stock | $5 per time plus lending interest at Prime rate + 3.00% on previous closing value (min. $1)
| Borrowing interest | Closing value of borrowed stock (excluding that of stock borrowed on the day) at Prime rate + 3.00% (min. $1 per day)
| Lend a stock | Free
| Lending interest | Client receives interest based on closing value of lent stock at Prime rate
| Return a stock | Free
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Prime rate is that of HSBC: currently 5.875% p.a.
Borrowing interest is debited to the accrued interest of margin account.
Lending interest is credited to the accrued interest of cash account.
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