ETF portfolio orders refer to orders that trade multiple ETFs per order. The order types defined here may be traded in odd lots, whole lots, and/or fractional shares.
The commission and platform fee for ETF portfolio orders are different from those for single-stock orders, while the other trading fees (including fees charged by third parties such as settlement agencies and service charges for handling corporate actions) are the same.
The fees below only apply to orders in the US stock market. All amounts are in US dollars.
|
Fee Type |
Order Type |
Fee Rate |
Charged By |
|
Commission |
ETF portfolio order |
$0.0049/share, no minimum charge per order |
Moomoo Singapore
|
|
Platform Fee |
ETF portfolio order
|
$0.005/share, no minimum charge per order |
|
|
Settlement Fee |
ETF portfolio order |
$0.003/share |
US settlement agencies, etc. |
|
SEC Fee (sells only) |
0.0000278 * transaction amount, min $0.01/order |
SEC |
|
|
Trading Activity Fee (sells only) |
$0.000166/share, min $0.01/order, max $8.30/order |
FINRA |
|
|
Other service charges for US stock trading |
See https://www.moomoo.com/sg/hans/support/topic5_76
|
||
Notes:
You cannot place algo order for ETF Portfolios, nor can you transfer them.
ETF Portfolios cannot be split into individual ETFs. You can only trade on a portfolio basis.
With effect from January 1, 2024, the Singapore government levies a 9% Goods and Services Tax (GST) on the above fees.
Your ETF Portfolio enjoys 24/7 risk monitoring, and the strategy is constantly updated. An advisory fee is incurred every calendar day when a portfolio is held and is auto-debited from your universal account holding the portfolio every month.
| Portfolio Name | symbol | Annualized Fee Rate |
| Global Multi-asset ETF Quant Strategy - Conservative | GTSG007 | 0.3% p.a. |
| Global Multi-asset ETF Quant Strategy - Stable | GTSG008 | 0.4% p.a. |
| Global Multi-asset ETF Quant Strategy - Balance | GTSG009 | 0.4% p.a. |
| Global Multi-asset ETF Quant Strategy - Active | GTSG011 | 0.5% p.a. |
| Global Multi-asset ETF Quant Strategy - Aggresive | GTSG012 | 0.5% p.a. |
| Global ETF Allocation Strategy - Conservative | BLKSG014 | 0.3% p.a. |
| Global ETF Allocation Strategy - Stable | BLKSG015 | 0.4% p.a. |
| Global ETF Allocation Strategy - Balance | BLKSG016 | 0.4% p.a. |
| Global ETF Allocation Strategy - Active | BLKSG017 | 0.5% p.a. |
| Global ETF Allocation Strategy - Aggresive | BLKSG018 | 0.5% p.a. |
Calculation method: The advisory fee for each ETF Portfolio held is calculated by multiplying the latest fee rate applicable by the portfolio's end-of-day market value.
Fee accrual: The advisory fee is incurred each calendar day (Suppose there are 365 calendar days every year) during the time an ETF Portfolio is held. When you close all positions in the portfolio, the fee ceases to accrue upon settlement of the sell-all order.
Billing cycle: The advisory fee is charged automatically every last day of the month on a portfolio basis. Incurred yet unpaid advisory fees for portfolios currently held or already sold will be accumulated and charged automatically on the next billing date.
Paying account: The advisory fee is debited from your universal account holding the portfolio(s).
The advisory fee mentioned above may change over time, and prior notifications will be sent as soon as reasonably practicable.
All fees paid are not refundable.
With effect from January 1, 2024, the Singapore government levies a 9% Goods and Services Tax (GST) on the above fees.
Definitions
Market value: The number of settled shares (including fractional and/or odd-lot shares) times the closing price during the regular trading hours (RTH) of US stocks, excluding cash dividends and any other cash generated by previous or current positions in the portfolios. Pre-market and after-hours price fluctuations are not used for calculation. Please note that the actual value of fractional and odd-lot shares may differ from their official RTH closing price due to higher liquidity risks. Please note that due to corporate actions such as dividend issuance, the RTH official close price may be adjusted and updated after that trading day. The end-of-day ETF portfolio market value used to calculate advisory fees will NOT take such later adjustments into account after the advisory fees have incurred for that day.
End-of-day market value: The number of settled shares times the official RTH closing price. Here, "end-of-day" refers to the end of RTH on each calendar day where the number of settled shares is updated. For example, for US stocks, the normal RTH end at around 16:30 EST.
ETF Portfolio(s) held: The ETF portfolio(s) that have been settled by the cut-off time specified in each market.
There are no additional rebalancing fees other than the trading fees and advisory fees as listed above.