The common charges apply for your all buy and sell transactions
Fee Type | Amount | Remarks | Value at PHP10,000 |
Commission | 0.25% | of the gross trade amount | 25.00 |
Value Added Tax (VAT) | 12% | of commission | 3.00 |
PSE Trans Fee | 0.005% | of the gross trade amount | 0.50 |
SCCP Fee | 0.01% | of the gross trade amount | 1.00 |
TOTAL | 0.295% | of the gross trade amount | 29.50 |
Selling adds another fe called the Sales Tax
Fee Type | Amount | Remarks | Value at PHP10,000 |
Sales Tax | 0.6% | of the gross trade amount | 60.00 |
To ensure that you earn money from your trade, your break even price is 1.21% of your capital (without any buy or sell transaction charges). Until you reach this amount, you are earning almost nothing.
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