Handling fee refers to the expenses incurred when conducting transactions. The calculation formula of handling fee usually varies according to the transaction mode and institution.
The following are some common methods for calculating the handling fee:
1, calculated according to the transaction amount:
The handling fee is equal to the transaction amount multiplied by the handling fee rate. For example, if the handling fee rate is 0.5%, a transaction of $ 1000 will generate a handling fee of $5.
2. According to the number of transactions:
The handling fee is equal to the number of transactions multiplied by the handling fee rate. For example, if the commission rate is $65,438+00 per lot, a transaction of 65,438+000 lots will generate a commission of $65,438+0000.
The handling fee is fixed and does not change with the change of transaction amount or quantity. For example, if the handling fee for each transaction is $50, a handling fee of $50 will be incurred regardless of the transaction amount or quantity.
4. Bank transfer:
Generally, a bank transfer fee will be charged according to a certain proportion of the transaction amount. For example, if you transfer $ 1000 from a bank account to someone else, the handling fee may be $25.
5. Futures trading:
Futures trading usually charges fees according to the number of transactions and the type of contract. For example, if 100 lots (1000 contracts) of soybean meal futures are traded, the handling fee for each lot may be $65,438+$00, and the total handling fee is $65,438+$00,000.
6. Stock trading:
The handling fee of stock trading usually includes two parts, one is the fee charged by the exchange, and the other is the fee charged by the brokerage. For example, when trading 100 shares in a securities company, the handling fee charged by the exchange may be 2 dollars, and the handling fee charged by the securities company may be 4 dollars, so the total handling fee is 6 dollars.
It should be noted that the specific data and rates in the above examples are for reference only, and the actual situation may be different. In addition, there may be differences in the calculation methods and rates of handling fees in different countries and institutions.
Therefore, before any transaction, it is best to know the calculation method and rate of relevant handling fees, so as to better plan your investment and trading behavior.