US stock commission
| Level | Rate per share | Min fee per order | Max fee per order | Charged by |
| VIP 0 | 0.0099 USD per share | 0.99 USD | Trade total × 1% | UMX |
| VIP 1 | 0.00525 USD per share | |||
| VIP 2 | 0.00525 USD per share | |||
| VIP 3 | 0.00525 USD per share | |||
| VIP 4 | 0.004475 USD per share | |||
| VIP 5 | 0.004475 USD per share | |||
| VIP 6 | 0.002 USD per share | |||
| VIP 7 | 0.002 USD per share | |||
| VIP 8 | 0.00175 USD per share | |||
| VIP 9 | 0.001 USD per share |
Third-party fees
Fee type |
Fee rates |
Charged by |
Trading activity fee |
1. Sell orders only: 0.000195 USD per share |
FINRA (Financial Industry Regulatory Authority) |
SEC regulatory fee |
1. Sell orders only: 0.0000206 USD per order |
US Securities and Exchange Commission (SEC) |
Notes:
- "Good 'Til Canceled (GTC)" orders are billed separately for each trading day. Transaction fees are based on the execution date; all executions within the same trading day are treated as a single order. Executions occurring across different trading days are billed as separate, independent orders.
- For fractional share orders of less than 1 share, UMX charges a platform fee of 1% of the total trade value, capped at 1 USD. No commissions or third-party fees apply. For fractional share orders of 1 share or more, UMX will bill according to the standard rate schedule mentioned above.
- UMX may adjust third-party and service fees based on requirements from exchanges, regulators, and other external organizations.
- Dividend tax: taxes are withheld on the ex-dividend date based on the total distribution. Actual rates vary by your tax residency and your underlying asset's market. Please refer to the final tax charges on the payment date.
- Dividend fees: UMX will pass through any fees charged by listed companies, agents, or clearing houses resulting from company actions. An estimated amount is withheld on the ex-dividend date. Please refer to the final charges on the payment date.
Other service charges
| Fee type | Fee rates | Charged by |
| ADR (American Depository Receipts) fee | 0.01 - 0.05 USD per share | DTCC (Depository Trust and Clearing Corporation) |
| Dividend tax | Tax rates may vary depending on the nature of the listed security and/or tax policies in the investor's country/region of residence and/or the issuer's country of incorporation | US Internal Revenue Service (IRS) |
| Real-time market data fee | Upon registration, clients can select and pay for a market data plan tailored to their specific needs. | US stock exchange or data provider |
| Act on behalf of clients in handling shareholder meeting matters We currently offer two types of services: meeting attendance assistance (for the client or an authorized representative) and voting. You may choose one based on your requirements. | 10 USD per application | UMX |
Notes:
1) What is ADR and what are ADR fees?
An ADR (American Depositary Receipt) is a transferable certificate issued by a US depositary bank to make it easier for shares of foreign companies to trade in the US market. An ADR typically represents publicly traded shares of a non-US company. Under US regulations, many companies that aren't registered in the US must list and trade in the US in the form of ADRs.
ADR fees are charges that the depositary bank collects from investors holding the ADR at a given time, to cover the cost of managing the ADR (registration, recordkeeping, and other administrative work). In 2008, the SEC approved a process under which the DTC (Depository Trust Company) collects this fee periodically on behalf of the depositary institution (a bank or investment bank) from investors.
2) How much are ADR fees, and how are they charged?
ADR fees are typically 0.01–0.05 USD per share, though the amount and timing vary by ADR. Check the specific ADR's prospectus for details. Fees are charged in one of the following ways:
- ADRs with dividends: Most ADRs deduct the fee directly from common stock dividends. The fee may be deducted when the broker receives the dividend, or from the investor's account after the dividend is paid.
- ADRs with no dividends: If an ADR doesn't pay dividends regularly, the fee is charged by the broker to current holders on a designated record date. The depositary bank announces the fee notice date, record date, and deduction date in advance. The fee is charged to whoever holds the ADR on the record date, regardless of trades that happen afterward.
Brokers typically pre-freeze the estimated fee amount ahead of time and notify customers by email, app push notification, or other channels. The actual deduction date may differ slightly from the depositary bank's stated deduction date.
Reminder: UMX will generally notify customers by email or app push notification 5 trading days before the fee is deducted. If the deduction could push your account toward forced liquidation, or cause your available funds to go negative, make sure to add funds or close positions in time to avoid it.
3) How can I look up ADR fees?
Investors can find fee information on each ADR depositary bank's website or the SEC's EDGAR company search tool. Most ADRs on the market today are held by one of the following four banks:
Investors can log in to the above banks' websites and enter the ADR ticker to search. If no result is found, try another bank, or check the fee disclosure directly in the ADR's prospectus on EDGAR. You can also log in to the UMX website or app to check your ADR fees.