Commission and Fees

Benefit from low fees and commissions when trading futures with ADSS Hong Kong. From individual futures products in Hong Kong to those available to trade on the wider global markets, find all the information regarding commissions and fees you need here.

A deposit of at least US$3,000 (or non-USD equivalent) is required to open an individual account and start trading futures on our TREX platform. To trade on a margin account, you must maintain a balance of at least US$2,000 or non-USD equivalent. 

The tables below display the futures products available to trade, the exchange, currency, exchange and regulatory fees.

Minimum Balance

Category Required Deposit
Individual Accounts USD 3,000 (or non-USD equivalent)

Notes: To trade a margin account you must maintain at least USD 2,000 or non-USD equivalent.

Commissions – Futures and FOPs

Hong Kong Futures

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
Hang Seng Volatility Index HKFE VHS HKD 90 90 10.00 0.54
Hang Seng China Enterprise Index HKFE HHI HKD 90 90 3.50 0.54
Hang Seng Stock Index HKFE HSI HKD 90 90 10.00 0.54
Mini-Hang Seng China Enterprise Index HKFE MCH HKD 50 90 2.00 0.10
Mini-Hang Seng Index HKFE MHI HKD 22 90 3.50 0.10

Global Futures / Metals

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
Gold NYMEX GC USD 8.80 8.80 1.50 0.01
E-mini Copper NYMEX QC USD 8.80 0.75 0.01
E-micro Gold NYMEX MGC USD 8.80 0.75 0.01
1,000-oz Silver NYMEX SIL USD 8.80 0.75 0.01
Silver NYMEX SI USD 8.80 8.80 1.50 0.01
Copper NYMEX HG USD 8.80 8.80 1.50 0.01
Palladium NYMEX PA USD 8.80 1.50 0.01
Platinum NYMEX PL USD 8.80 1.50 0.01

Global Futures / Energy

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
Gasoline NYMEX RB USD 8.80 8.80 1.50 0.01
Heating Oil NYMEX HO USD 8.80 8.80 1.50 0.01
LIGHT SWEET CRUDE OIL NYMEX CL USD 8.80 8.80 1.50 0.01
Mini Natural Gas NYMEX QG USD 8.80 0.50 0.01
E-mini Crude Oil NYMEX QM USD 8.80 1.20 0.01
Natural Gas NYMEX NG USD 8.80 8.80 1.50 0.01

Global Futures / FX

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
US Dollar NYBOT DX USD 8.80 8.80 1.35
Australian Dollar Futures CME 6A USD 8.80 8.80 1.60 0.01
Canadian Dollar Futures CME 6C USD 8.80 8.80 1.60 0.01
EUR/JPY CME RY JPY 880 880 1.60 1.66
EURO Futures CME 6E USD 8.80 8.80 1.60 0.01
GBP Futures CME 6B USD 8.80 8.80 1.60 0.01
JPY Futures CME 6J USD 8.80 8.80 1.60 0.01
Mexican Peso CME MXP USD 8.80 8.80 1.60 0.01
Mini Euro FX CME E7 USD 8.80 0.85 0.01
Mini JPY CME J7 USD 8.80 0.85 0.01
New Zealand dollars CME 6N USD 8.80 8.80 1.60 0.01
RMB/USD CME RMB USD 8.80 8.80 1.60 0.01
Swiss Franc Futures CME 6S USD 8.80 8.80 1.60 0.01

Global Futures  Agricultural

 

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
Lean Hogs CME HE USD 8.80 8.80 2.03 0.01
Live Cattle CME LE USD 8.80 8.80 2.03 0.01
Oats CBOT ZO USD 8.80 8.80 1.95 0.01
Rough Rice CBOT ZR USD 8.80 8.80 1.95 0.01
Soybean Meal CBOT ZM USD 8.80 8.80 1.95 0.01
Soybean Oil CBOT ZL USD 8.80 8.80 1.95 0.01
Soybeans CBOT ZS USD 8.80 8.80 1.95 0.01
Wheat CBOT ZW USD 8.80 8.80 1.95 0.01

Global Futures / Equity Index

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
E-mini size Dow ($5) CBOT YM USD 8.80 8.80 1.16 0.01
Mini-NASDAQ-100 Index Futures CME NQ USD 8.80 8.80 1.18 0.01
Mini-Standard & Poor’s 500 Index Futures CME ES USD 8.80 8.80 1.18 0.01
CME Bitcoin CME BRR USD 18.00 5.00 0.01
CFE Bitcoin CFE GXBT USD 18.00 0.50 0.01
Cboe Volatility Index (VX) CFE VIX USD 8.80 8.80 1.40 0.06

Global Futures / Interest Rate

Products Exchanges Codes Currency Internet Trading#
Futures
Internet Trading#
FOPs
Exchange Fess^ Regulatory Fees^
10 Yrs US T-Notes CBOT ZN USD 8.80 8.80 0.75 0.01
2 Yrs US T-Notes CBOT ZT USD 8.80 8.80 0.65 0.01
30 Yrs US T-Notes CBOT ZB USD 8.80 8.80 0.80 0.01
5 Yrs US T-Notes CBOT ZF USD 8.80 8.80 0.65 0.01

#Same commission charge for day-trade and overnight-trade
^Changes of the above Exchange and Regulatory fees will be made anytime without further notices.

Other Fees and Charges

There are a range of other fees that may be applied when trading securities, futures and options on our TREX platform. A monthly activity fee of US$10 (or non-US equivalent) is charged for traders and investors who do not meet our required minimums. This will be waived if you have more than US$100,000 in equity or make at least two transactions of any asset class (except forex) within the month.

Interest rates will be charged to you when trading on margin too. The rate charged will depend on the loan amount and currency, while there may be an overnight position fee per contract as well. All other fees and charges are displayed below.

Universal / Monthly Activity Fee

Monthly Activity Fee = USD10 (or non-US equivalent)

Our accounts are designed for sophisticated traders and investors who regularly meet our required minimums. If you do not meet those minimums, we charge a monthly activity fee. Generally we waive this fee for any month in which:

  • You have more than USD 100,000 in equity or
  • You can make two transactions of any asset class (excluding FX) within the month.

Universal / Corporate Actions/Dividends

The following represents fees charged by ADSS HK for the processing of Corporate Actions affecting securities in your portfolio.

Type Fees
Requests to exercise Dissenter or Appraisal Rights USD 100 + external costs
Hong Kong Stock Tenders for Cash 0.1% Stamp Duty
All Other (Mandatory, Voluntary, With Options, etc) Free

Universal / Exercise and Assignment*

Product Fees
Stock Options No fees
Non-US Index Options
  • Charged standard option commissions on exercise or assignment.
  • No charges on lapsed/expired contracts.
Futures / Futures Options
  • Charged the standard futures or futures options commission at expiration of the contract.

Notes: *ADSS HK does not charge an option exercise or assignment fee. Certain transactions are subject to the standard commissions for the applicable product.

Universal / Interest Rates Charged to You (Margin Loan)

When calculating rates, keep in mind that ADSS HK uses a blended rate based on the tiers below. For example, for a balance over USD 1,000,000, the first USD 100,000 is charged at the Tier I rate, the next USD 900,000 at the Tier II rate, etc.

ADSS HK accrues interest on a daily basis and posts actual interest monthly on the third business day of the following month.

The tiers on which interest is based may change from time to time without prior notification to clients. Such adjustments are done periodically to adjust for changes in currency rates.

Currency Loan Amount Rate Charged
USD 0 – 100,000 4.41%
100,000.01 – 1,000,000 3.91%
1,000,000.01 – 3,000,000 3.41%
3,000,000.01 – 200,000,000 3.21%
200,000,000.01 + 3.21% See note below
CNY/CNH 0 – 625,000 7.382%
625,000.01 – 6,250,000 7.382%
6,250,000.01 – 125,000,000 7.382%
125,000,000.01 + 7.382% See note below
HKD 0 – 780,000 4.258%
780,000.01 – 7,800,000 3.758%
7,800,000.01 – 780,000,000 3.258%
780,000,000.01 + 3.258% See note below
AUD 0 – 140,000 4.206%
140,000.01 – 1,400,000 3.706%
1,400,000.01 – 140,000,000 3.206%
140,000,000.01 + 3.206% See note below
CAD 0 – 140,000 3.889%
140,000.01 – 1,400,000 3.389%
1,400,000.01 – 140,000,000 2.889%
140,000,000.01 + 2.889% See note below
CHF 0 – 100,000 2.5%
100,000.01 – 1,000,000 2%
1,000,000.01 – 200,000,000 1.5%
200,000,000.01 + 1.5% See note below
CZK 0 – 400,000,000 4.622%
400,000,000.01 + 4.622% See note below
DKK 0 – 120,000,000 4%
120,000,000.01 + 4% See note below
EUR 0 – 100,000 2.5%
100,000.01 – 1,000,000 2%
1,000,000.01 – 150,000,000 1.5%
150,000,000.01 + 1.5% See note below
GBP 0 – 80,000 3.073%
80,000.01 – 800,000 2.573%
800,000.01 – 160,000,000 2.073%
160,000,000.01 + 2.073% See note below
HUF 0 – 4,500,000,000 6%
4,500,000,000.01 + 6% See note below
ILS 0 – 80,000,000 6%
80,000,000.01 + 6% See note below
JPY 0 – 11,000,000 2.5%
11,000,000.01 – 110,000,000 2%
110,000,000.01 – 20,000,000,000 1.5%
20,000,000,000.01 + 1.5% See note below
MXN 0 – 1,900,000 11.991%
1,900,000.01 – 19,000,000 10.991%
19,000,000.01 – 1,900,000,000 10.491%
1,900,000,000.01 + 10.491% See note below
NOK 0 – 850,000 2.913%
850,000.01 – 8,500,000 2.413%
8,500,000.01 – 850,000,000 1.913%
850,000,000.01 + 1.913% See note below
NZD 0 – 150,000 4.159%
150,000.01 – 1,500,000 3.659%
1,500,000.01 – 150,000,000 3.409%
150,000,000.01 + 3.409% See note below
PLN 0 – 70,000,000 5.441%
70,000,000.01 + 6.441% See note below
RUB 0 – 660,000,000 12.579%
660,000,000.01 + 12.579% See note below
SEK 0 – 850,000 2.5%
850,000.01 – 8,500,000 2%
8,500,000.01 – 850,000,000 1.5%
850,000,000.01 + 1.5% See note below
SGD 0 – 150,000 4.352%
150,000.01 – 1,500,000 3.852%
1,500,000.01 – 150,000,000 3.352%
150,000,000.01 + 3.352% See note below
ZAR 0 – 1,500,000 8.975%
1,500,000.01 – 15,000,000 8.475%
15,000,000.01 – 1,500,000,000 8.225%
1,500,000,000.01 + 8.225% See note below

Note: May be subject to a 1% surcharge applied to the spread if financing is not pre-arranged.

North America / Overnight Position Fee per Contract

United States – Overnight Position Fee per Standard Contract*

  US EUR GBP CAD CHP HKD AUD SEK SGD JPY CNH
3x Margin Requirements 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2x Margin Requirements 0.05 0.04 0.035 0.05 0.05 0.40 0.075 0.40 0.10 5.00 0.325
Meets Margin Requirements 0.10 0.08 0.07 0.10 0.10 0.80 0.15 0.80 0.20 10.00 0.65

 

United States – Overnight Position Fee per Contract* for Globex FX E-mini and E-micro Products

  E-mini FX Futures E-micro FX Futures
  US USD CAD CHF JPY CNH
3x Margin Requirements 0.00 0.00 0.00 0.00 0.00 0.00
2x Margin Requirements 0.025 0.005 0.005 0.005 0.50 0.0325
Meets Margin Requirements 0.05 0.01 0.01 0.01 1.00 0.065

Notes:
* Overnight position charges are applied for each net futures contract, net short call futures options, or net short put futures options on a single underlying for each business day the net futures position is held overnight. The overnight position fee for accounts with excess equity in between the minimum requirement and 3x the minimum will have their overnight position fees extrapolated based on the table above.

North America / Corporate Actions/Dividends

The following represents fees charged by ADSS HK for the processing of Corporate Actions affecting securities in your portfolio.

United States and Canada

Type Fees
Requests to exercise warrants External costs

North America / Exercise and Assignment*

United States

Product Transaction Fees
Stock Options # USD 0.000119 ✕ Quantity Stock Sold, max USD 5.95 per Trade and USD 0.0000231 ✕ Aggregate sales proceeds on stock
US Index Options No fees
Futures / Futures Options Charged the standard futures or futures options commission at expiration of the contract

Notes:
* ADSS HK does not charge an option exercise or assignment fee. Certain transactions are subject to the standard commissions for the applicable product.
# The transaction fees listed represent allocations of costs charged to ADSS HK by third-parties. ADSS HK does not assess a separate option exercise/assignment fee.

North America / Misc Fees

North America

Currency Archived Statements *
USD USD 25.00/first statement,
USD 5.00/each additional statement.
CAD CAD 25.00/first statement,
CAD 5.00/each additional statement.
MXN MXN 300.00/first statement,
MXN 60.00/each additional statement.

Notes: *We provide free web-based access to the following account statements:

  • Daily account statements are available for the prior four years and year-to-date.
  • Monthly account statements are available for 60 months.
  • Annual account statements are available for the prior five years.
  • Statements are maintained for a period of 7 years.

Asia-Pacific / Overnight Position Fee per Contract*

Product Currency US EUR GBP CAD CHF HKD AUD SGD SEK NOK INR JPY# CNH
3x Margin Requirements 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2x Margin Requirements 0.05 0.04 0.035 0.05 0.05 0.40 0.075 0.10 0.35 0.35 0.00 5.00 0.325
Meets Margin Requirements 0.10 0.08 0.07 0.10 0.10 0.80 0.15 0.20 0.70 0.70 0.00 10.00 0.65

Note:
* Overnight position charges are applied for each net futures contract, net short call futures options, or net short put futures options on a single underlying for each business day the net futures position is held overnight. The overnight position fee for accounts with margin in between the minimum requirement and 3x the minimum will have their overnight position fees extrapolated based on the table above.
# 50 crore represents approximately 2,000 board lots; 125 crore represents approximately 5,000 board lots.

Asia-Pacific / Misc Fees

Currency Asset Transfer (Out) * Archived Statements #
HKD HKD 400.00 HKD 200.00/first statement,
HKD 40.00/each additional statement.

Notes:
* When transferring Asian positions from your ADSS HK TREX account, there is a charge of USD 50.00 for each request or that amount listed in the above table.
# We provide free web-based access to the following account statements:

  • Daily account statements are available for the prior four years and year-to-date.
  • Monthly account statements are available for 60 months.
  • Annual account statements are available for the prior five years.
  • Statements are maintained for a period of 7 years.