Because securities companies have costs.

Handling fees usually include stamp duty, commission, transfer fees and other fees.

Specifically including:

Stamp duty: 65438+ 0‰ of the transaction amount. At present, it is changed from bilateral collection to seller's unilateral collection. The tax paid by the investor to the finance and taxation department after the transaction is completed. Shanghai shares and Shenzhen shares are paid at one thousandth of the actual transaction amount, and this tax is withheld by brokers and remitted by the exchange. Bonds and fund transactions are exempt from this tax.

Securities supervision fee (commonly known as three fees): about 0.2‰ of the transaction amount, which actually has a mantissa, generally omitted as 0.2‰.

Securities transaction fee: A shares, according to the turnover of 0.087 ‰; B shares, 0.000 1% according to the turnover; Fund, charged at 0.00975% of bilateral turnover; Warrants, according to the turnover of 0.0045%.

Transfer fees (Shanghai Stock Connect only): This refers to the fees to be paid for changing the account name after stock trading. Due to the different operation modes of the two domestic exchanges, the Shanghai Stock Exchange adopts the mode of "centralized registration and unified custody", so investors only need to pay this fee when trading stocks and funds in Shanghai Stock Exchange, while Shenzhen Stock Exchange does not have this fee. This fee is charged at 0.06% of the face value of the traded shares (the issue face value is one yuan per share, which is equivalent to the number of traded shares).

Brokerage trading commission: the highest is 3‰ of the transaction amount, and the lowest is from 5 yuan. If the commission of a single transaction is less than that of 5 yuan, it will be charged according to 5 yuan.

Extended data:

A securities company refers to a limited liability company or a joint stock limited company with independent legal personality, which is established with the approval of the the State Council securities regulatory authority in accordance with the provisions of the Company Law and the Securities Law and specializes in securities business.

A securities company is a legal person enterprise specializing in securities trading. Divided into securities management companies and securities registration companies. In a narrow sense, a securities company refers to a securities management company approved by the competent authority and recognized by the competent authority.

An institution that has obtained a business license with the approval of the administrative department for industry and commerce and specializes in securities business. Having the membership of a stock exchange, you can underwrite the issuance, self-management or agent trading of securities. Ordinary investors must invest in securities through securities companies.

In different countries, securities companies have different names. In the United States, securities companies are called investment banks or broker-dealers. ; In Britain, securities companies are called commercial banks); ;

In continental Europe (represented by Germany), because of the mixed operation system, investment banks are only a part of universal banks. In East Asia (represented by Japan), it is called a securities company.

References:

Securities company Baidu Encyclopedia