Each type of account with Moomoo CA may have a different withdrawal fee depending on the transfer method. The bank receiving the transfer may also charge a fee. Please contact your other bank for more details.
The fees for each account and transfer method are listed below.
Individual Margin Account、Individual Cash Account
Withdrawal Method
|
Currency
|
Processing Time
|
Broker Charge
|
Bank Charge
|
EFT (Electonic Funds Transfer)
|
CAD & USD
|
Usually 1-3 business days
|
1st withdrawal is free each month.
2.00 CAD or 1.00 USD fee is charged per subsequent withdrawal.
|
Free
|
Wire transfer
|
CAD & USD
|
Next business day
|
1st withdrawal is free each month.
12.00 CAD or 10.00 USD fee is charged per subsequent withdrawal.
|
Transfer fee may be charged by the bank
|
Tax-Free Account Savings Account (TFSA)
Withdrawal Method
|
Currency
|
Processing Time
|
Broker Charge
|
Bank Charge
|
EFT (Electonic Funds Transfer)
|
CAD
|
Usually 5 business days
|
1st withdrawal is free each month.
2.00 CAD fee is charged per subsequent withdrawal.
|
Free
|
Wire transfer
|
CAD
|
Usually 4 business days
|
1st withdrawal is free each month.
12.00 CAD fee is charged per subsequent withdrawal.
|
Transfer fee may be charged by the bank
|
Registered Retirement Savings Plan (RRSP)
Withdrawal Method
|
Currency
|
Processing Time
|
Broker Charge
|
Bank Charge
|
EFT (Electonic Funds Transfer)
|
CAD
|
Usually 5 business days
|
1st withdrawal is free each month.
2.00 CAD fee is charged per subsequent withdrawal.
|
Free
|
Wire transfer
|
CAD
|
Usually 4 business days
|
1st withdrawal is free each month.
12.00 CAD fee is charged per subsequent withdrawal.
|
Transfer fee may be charged by the bank
|
Note: Withdrawals from an RRSP account are subject to a 10-45% withholding tax. Click here for details.