Withdrawal fees
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.