Moomoo Malaysia Help Center-U.S. Stock / Index Options
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U.S. Stock / Index Options

Moomoo MY clients may choose accordingly based on their preference from either a Fixed or Tiered Plan structure for US Options.

 

1. Fixed Plan

Type Currency Fees Charged by
Commission USD Option Premium ≤ $0.1

$0 (During Promotion*) Moomoo MY
Option Premium > $0.1 $0.2/Contract
Platform Fees USD $0.45/Contract, minimum $0.99/Order Moomoo MY

 

2. Tiered Plan

Type Currency Fees Charged by
Commission USD Option Premium ≤ $0.1

$0 (During Promotion*) Moomoo MY
Option Premium > $0.1 $0.2/Contract
Platform Fees USD Contracts per month Fee per contract Moomoo MY
1st - 50th contracts $0.55/contract
51st - 100th contracts $0.50/contract
101st - 300th contracts $0.45/contract
301st - 500th contracts $0.40/contract
501st - 1,000th contracts $0.35/contract
1,001st - 5,000th contracts $0.30/contract
5,001st contract and every contract thereafter $0.25/contract

*The promotion begins on 18 September 2024 and continues until further notice.

 

Notes:

1. If the cumulative number of contracts traded each month is less than 450, then the fixed plan will charge lower average fees per contract than the tiered plan.

2. If the cumulative number of contracts traded each month is more than 450, then the tiered plan will charge lower average fees per contract than the fixed plan.

3. If you choose to switch to the Tiered Plan, the cumulative number of contracts for the current month will be recalculated upon the switch, and you can only switch once per calendar month. The cumulative number of monthly contracts will be calculated in calendar months, and will begin from 0 on the first day of each month or when switching your plan.

For example: If the user switched their plan on 20 January, the cumulative number of monthly contracts for the new plan will be calculated upon the switch in plan from effective date to 31 January.

4. When the account opening process is completed, the US Options trading defaults to the Fixed Plan. You may feel free to switch the fee plan at your own preference.

5. If an order is a Good-Til-Canceled order, the Commission and Platform Fees of such order shall be settled according to the trading day. Trades on the same trading day shall be charged as one order, and trades on different trading days shall be charged as different orders.

6. As a technology brokerage, Moomoo MY has been committed to providing clients with high-quality and stable products and services. The platform fees are designed to ensure the company's sustainable investment in research and development so that Moomoo MY can provide you with an excellent trading experience through optimal iteration in technology.

 

3. Other Fees

Type Currency Fees Charged by
SEC Fees (sells only) USD $0.0000278* Transaction amount, minimum $0.01/Trade SEC
Trading Activity Fees (sells only) USD $0.00279/Contract, minimum $0.01/Trade FINRA
Options Regulatory Fees
(ORF)
USD $0.012/Contract U.S. clearing, settlement, and other institutions
OCC Fees USD $0.02/Contract, maximum $55.00/Trade OCC
Option Settlement Fees USD $0.18/Contract U.S. clearing, settlement, and other institutions
Index Options Exchange Proprietary Fees USD USD 0 (During Promotion*) Exchanges
Exchange Fees USD USD 0 (During Promotion*) Exchanges

*The promotion begins on 18 September 2024 and continues until further notice.

 

Notes:

1. The Options Regulatory Fee ('ORF') is a fee assessed by exchanges on their members. The ORF fees are typically passed-through by members to their customers. ORF is collected by The Options Clearing Corp ("The OCC") on behalf of the U.S. options Exchanges. The stated purpose of the fee is to recover a portion of the costs related to the supervision and regulation of the options markets. These activities include routine surveillance, investigations, as well as policy, rulemaking, interpretive and enforcement activities. The applicable fee rate may result in a discrepancy with the fee charged by the upstream brokers or the relevant exchanges, and any excess fee will be retained while deficiency will not be charged to clients.

2. US Option settlement fees are assessed by U.S. clearing, settlement, and other institutions to cover costs including but not limited to NSCC and DTC fees and use a blended rate. If the blended rate results in a discrepancy, the charging party will retain any excess fees, but will not charge clients for any deficiency.

3. Introduction to US Stock Multi-Leg Options Order Fees: Each leg in a multi-leg options order is charged separately and subject to the minimum fee rate. Total fees are calculated by adding up the fees for each individual leg.

In Malaysia, investment products and services available through the moomoo app are offered through Moomoo Securities Malaysia Sdn. Bhd. ("Moomoo MY").

Please be advised that, the Sales and Service Tax ("SST") will be applicable after Moomoo MY being registered with the Royal Malaysian Customs Department.

Moomoo MY reserves the right to start collecting the SST from you without further notice on and from the effective date set in the SST registration approval letter.