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🇮🇩What are the fees for Options Trading during the BETA period?

What are the fees for Options Trading during the BETA period?

KAI avatar
Written by KAI
Updated over 3 months ago

During the BETA period, Gotrade offers the following fees:

  • Trading Fee: FREE for a limited time as part of our special promotion. Terms may change without notice.

  • Exercise Fee: $5.00 per position (including 11% VAT). This fee applies to positions that are auto-exercised due to sufficient buying power (e.g., enough cash for call options or enough shares for put options).

  • Auto-Liquidation Fee: FREE for a limited time as part of our special promotion. Terms may change without notice. This fee applies to positions automatically liquidated due to insufficient buying power.

  • Regulatory Fee:

    • JFX Fee: 0.05% of the total transaction value (capped at $0.10 per transaction)

    • Applies to both buy and sell trades.

  • Options Regulatory Fee (ORF): $0.02685 per contract

    • Applies to both buy and sell trades.

  • OCC Clearing Fee: $0.02 per contract (capped at $55 per transaction)

    • Applies to both buy and sell trades.

  • SEC Fee (Sales Only): $0.000008 per dollar of the total transaction value, rounded to the nearest cent

    • Applies exclusively to sell trades.

  • Trading Activity Fee (TAF) (Sales Only): $0.00279 per contract

    • Applies exclusively to sell trades.

  • VAT (Value-Added Tax): 11% of the total transaction fee + JFX fee

    • This is a government-mandated tax in Indonesia, applied to both buy and sell trades.

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