How much is the handling fee of the securities company?
According to the regulations of the CSRC, securities companies are free to open accounts, and transactions will generate handling fees. Major securities companies will decide the amount of funds according to the amount of funds of customers. The handling fee of a securities company, also known as brokerage commission, is charged by the securities company to which the customer belongs, with a maximum of 3% of the transaction amount. If the commission for each transaction of A shares and securities investment funds is less than 5 yuan, it will be charged according to 5 yuan; If the commission for each transaction of B shares is less than USD 65,438 +0 or HK$ 5, it will be charged at USD 65,438 +0 or HK$ 5.
China's current securities trading commission system is based on 1 implemented in May 2002. The China Securities Regulatory Commission, the State Planning Commission and State Taxation Administration of The People's Republic of China jointly issued the Notice on Adjusting the Standards for Collecting Securities Trading Commissions. Article 1 of the Notice clearly stipulates that "the trading commissions of A-shares, B-shares and securities investment funds shall be subject to a downward floating system, and the commissions charged by securities companies to customers (including securities trading supervision fees and stock exchange handling fees) shall not be higher than 3% of the securities trading amount, nor shall they be lower than the securities trading supervision fees and handling fees collected by thousands. According to this regulation, China implements a downward floating commission system within the maximum limit, instead of completely liberalizing the commission.