Categorized | FAQ

Stock Trading Charges





Stock Fees differ for every Stock Broker, the Fees below is for Online Stock Broker, COL Financial.

What are the charges for Buying and Selling Stocks?

BUYING CHARGES
Commission =.25% of the Gross Trade Amount
Value Add Tax (VAT) = 12% of Commission
Philippine Stock Exchange Transaction Fee (PSE Trans Fee) = .005% of the Gross Trade Amount
Securities Clearing Corporation of the Philippines Fee (SCCP) = .01% of Gross Trade Amount

SELLING CHARGES
Commission =.25% of the Gross Trade Amount
Value Add Tax (VAT) = 12% of Commission
Philippine Stock Exchange Transaction Fee (PSE Trans Fee) = .005% of the Gross Trade Amount
Securities Clearing Corporation of the Philippines Fee (SCCP) = .01% of Gross Trade Amount
Sales Tax = No. of Shares x Price x .005

Note: The Commission fee has a minimum charge of P20.00 per transaction.

Buying Example
Total fees for buying 10,000 shares of Stock A at P2.00/share
Commission (10,000 x P2.00 x .0025) = P50
VAT (P50 x .12) = P6
PSE Trans Fee (10,000 x P2.00 x .00005) = P1
SCCP (10,000 x P2.00 x .0001) = P2
Total Buying Charge = P59

Selling Example
Total fees for selling 10,000 shares of Stock A at Php3.00/share
Commission (10,000 x P3.00 x .0025) = P75
VAT (P75 x .12) = P9
PSE Trans Fee (10,000 x P3.00 x .00005) = P1.50
SCCP (10,000 x P3.00 x .0001) = P3
Sales Tax (10,000 x P3.00 x .005) = P150
Total Selling Charge = P238.50

That is why if you are selling a stock, compute also the charges for Buying and Selling that stock to see if you really earned from that stock. In the case above, share prices increased by P1, this means you earned P10,000 since you have bought and sold 10,000 shares then subtract the buying and selling charge, you earned P9,702.50.

I will try post charges by other Stock Brokers soon.

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