U.S. stock fees schedule
Type | Fee (USD) | Charged By |
Commission | $0.015/share Min.$1.99/trade Maximum of 1.5% of the transaction amount | Sahm Capital |
Settlement Fee | $0.003/share Min. $0.01/trade | U.S. Clearing House |
SEC Fee (Charged for sell orders only) | 0.00278%*trade amount Min. $0.01/trade | SEC |
Trading Activity Fee (Charged for sell orders only) | $0.000166/share Min. $0.01/trade Max. $8.30/trade | FINRA |
VAT | 15% VAT is applicable to all the fees mentioned above. | Saudi Government |
Example: Assuming selling 100 shares of Company A at $9.78, trading fees are calculated as follows.
Type | Fees (USD) | Charged by |
Commission | 100*0.015=$1.5, min. $1.99/trade | Sahm Capital |
Settlement Fee | 100*0.003= $0.3 | U.S. Clearing House |
SEC Fee (Charged for sell orders only) | 100*0.00278%* 9.78= $0.0272 | SEC |
Trading Activity Fee (charged for sell orders only) | 100*0.000166= $0.0166 | FINRA |
VAT | 15% * ( $1.99 + $0.3 +$0.0272 + $0.0166 ) = $0.35007 | Saudi Government |
Total | $1.99 + $0.3 + $0.01 + $0.0166 + $0.35007 = $2.68387 | |
