Overview of CITIC Securities fees and charges

It's safe to say that CITIC Securities's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use CITIC Securities even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of CITIC Securities's fees

CITIC Securities Fees snapshot
Assets Fee level Fee terms
US stock fee - Not available
EURUSD fee - Not available
US tech fund fee Low 0.03% of trade value, but a minimum of CNY 5
Inactivity fee Low No inactivity fee

CITIC Securities fees
CITIC Securities fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely due to the fact that online brokerages' businesses can be much better scaled: From a purely technical standpoint it doesn't make that much of a difference for them if they have 100 or 5000 clients.

This is not to say however that they don't have any fees at all. They make money by charging you at various events for various rates. Usually you need to keep an eye on these 3 types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually do a trade. What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
    • A commission is either based on the traded volume or it is fixed.
    • A spread is the difference between the buy price and the sell price
    • Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These occur related to some operations you make in your account, i.e. depositing money to your account, withdrawing money from it or not trading for an extended amount of time.

We compare CITIC Securities fees with its closest competitors, Interactive Brokers and TradeStation.

CITIC Securities fees
CITIC Securities trading fees

CITIC Securities's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at CITIC Securities.

Trading fees

CITIC Securities's trading fees are low.

Stock fees and ETF fees

CITIC Securities has low stock trading fees.

Stock fees of a $2,000 trade
CITIC Securities Interactive Brokers TradeStation
US stock - $1.0 $1.0
UK stock - $4.2 -
German stock - $3.6 -

Fund fees

CITIC Securities fund fees are low.

A $2,000 fund buy fees
CITIC Securities Interactive Brokers TradeStation
Mutual fund $0.8 $15.0 $15.0
EU mutual fund - $4.4 -

Bond fees

CITIC Securities has bond fees.

Bond fees of a $10,000 trade
CITIC Securities Interactive Brokers TradeStation
US Treasury bond - $5.0 $20.0
EU government bond - $10.0 -

Options fees

CITIC Securities's options fees are .

Stock index options fees of 10 contracts
CITIC Securities Interactive Brokers TradeStation
US stock index options - $6.5 $10.0
UK stock index options - $23.8 -
German stock index options - $20.4 -

Futures fees

CITIC Securities's futures fees are .

Stock index futures fee of 10 contracts
CITIC Securities Interactive Brokers TradeStation
US micro e-mini stock index futures - $2.5 $5.0
UK stock index futures - $23.8 -
German e-mini stock index futures - $9.6 -

Financing rates

CITIC Securities financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

CITIC Securities yearly financing rates
CITIC Securities Interactive Brokers TradeStation
Apple CFD financing rate - 1.6% -
Vodafone CFD financing rate - 1.6% -
EURUSD financing rate - 1.6% -
EURGBP financing rate - 1.6% -

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

CITIC Securities fees
CITIC Securities non-trading fees

When it comes to looking at all the non-trading fees CITIC Securities is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at CITIC Securities that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how CITIC Securities stacks up in non-trading fees
CITIC Securities Interactive Brokers TradeStation
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No Yes
Account fee No No No

CITIC Securities fees
CITIC Securities deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and CITIC Securities is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods CITIC Securities offers.

CITIC Securities deposit methods
CITIC Securities Interactive Brokers TradeStation
Bank transfer Yes Yes Yes
Credit/debit card Yes No No
Electronic wallets No No No
Deposit fee $0 $0 $0

CITIC Securities fees
CITIC Securities withdrawal fee

Unlike some online brokers we have reviewed CITIC Securities does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

CITIC Securities withdrawal fees and options compared
CITIC Securities Interactive Brokers TradeStation
Bank transfer Yes Yes Yes
Credit/debit card Yes No No
Electronic wallets No No No
Withdrawal fee with bank transfer $0 $0 $0

CITIC Securities fees
CITIC Securities inactivity fee

CITIC Securities does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Ádám Nasli

Author of this article

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Ádám Nasli

Analyst head

Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He's also eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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