Securities investors in China have to pay various fees and taxes when buying and selling on commission. These fees can be divided into brokerage fees, trading venue fees and national tax according to the collection agency. At present, when investors trade A-shares, funds and bonds listed on Shanghai Stock Exchange and Shenzhen Stock Exchange in China, the fees they need to pay mainly include commission, stamp duty and transfer fees.

1 commission fee: this fee is mainly used for expenses such as unified communications. Generally calculated by transaction. When trading Shanghai stocks and funds, Shanghai local brokers charge 1 yuan for each transaction, and foreign brokers charge 5 yuan for each transaction; Trading Shenzhen stocks and funds, brokers charge one yuan.

Commission: This is the fee that investors need to pay to the securities company after the entrusted transaction is completed. Shanghai stocks, funds and Shenzhen stocks are all paid to securities according to 0.5% of the actual transaction amount, and the starting point of commission for Shanghai stocks and funds is 10 yuan; The starting point of Shenzhen stock trading commission is 5 yuan; The Shenzhen Stock Exchange Fund receives a commission of 0.3% of the actual transaction amount; The maximum commission charged for bond transactions shall not exceed two thousandths of the actual transaction amount, and the bulk transactions may be appropriately reduced.

Stamp duty: 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 0.4% of the actual transaction amount, and this tax is withheld by the brokerage firm, and the exchange agrees to pay it. Bonds and fund transactions are exempt from this tax.

4 transfer fees: 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 market adopts "centralized registration and unified custody", so investors only need to pay this fee when trading Shanghai stocks and funds, and there is no such fee when trading Shenzhen stocks. This fee is charged at one thousandth of the number of shares traded (per share), and less than one yuan is charged at one yuan.

Transfer custody fee: this is the fee paid when handling the transfer custody business of Shenzhen stocks and funds. This fee is calculated by households, and each household pays 30 yuan to the transferor securities company when transferring custody. Please refer to the following table: