How much is the commission rate? What are the other charges for buying & selling stocks?
Our commission cost is one of the lowest in the stock online trading industry. For every transaction, we charge only 1/4 of 1% of the gross amount, or a minimum of P45 if you are living in the Philippines or P495 if you are living outside the Philippines, which ever is higher. Other Charges: Buying: * VAT on commission (12% of commission) * SCCP Fee (.01% of gross amt.) * Transaction Fee (.00005 x gross amt.) Selling: * VAT on commission (12% of commission) * Sales Tax (.5% of gross amt.) * SCCP Fee (.01% of gross amt.) * Transaction Fee (.00005 x gross amt.
