Stock Trading Expense

• Customization: Available
• Transport Package: No Need
• Specification: 50-70 percent; 70-100 percent
• Model NO.: S-6
• Origin: China
• HS Code: 8523499090

Product Description

Stock trading costs, different markets have different rates.
We take mainland Chinese stock markets for example if full turnover of funds on each trading day.

	Rates	Rates	Principal:500K(e.g.)	22 market days/Month	12 months/Year
Stamp duty (unilateral)	0.10%	0.10000%	500000	11000	132000
Securities management fee (bilateral)	0.0020%	0.00400%	500000	440	5280
Handling fee of securities transaction (two-way)	0.00487%	0.00974%	500000	1071.4	12856.8
Transfer fee/closing costs	0.00200%	0.00200%	500000	220	2640
Brokerage commission	0.30%	0.30000%	500000	33000	396000
				Maximum costs	548776.8
					CNY
Stamp duty (unilateral)	0.10%	0.10000%	500000	11000	132000
Securities management fee (bilateral)	0.0020%	0.00400%	500000	440	5280
Handling fee of securities transaction (two-way)	0.00487%	0.00974%	500000	1071.4	12856.8
Transfer fee/closing costs	0.00200%	0.00200%	500000	220	2640
Brokerage commission	0.05%	0.05000%	500000	5500	66000
				Minimum costs	218776.8
					CNY

 

The disadvantage of frequent trading is that it increases the transaction cost, is easy to catch up with the rise and kill the fall,
and will cause the situation of "sell up and buy down". In general, investors can do short-term business, but try not to trade frequently.
It is difficult to control the stock market. Many times, we should correct our attitude and be more patient.
Chasing up and killing down is to buy when you see the stock rising, and sell when you see the stock falling.
In fact, you may become a high price taker when you catch up with the stock, and it is likely that the stock will soon rebound when you sell it.