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
| 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
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.
| CITIC Securities | Interactive Brokers | TradeStation | |
|---|---|---|---|
| US stock | - | $1.0 | $0.0 |
| UK stock | - | $3.7 | - |
| German stock | - | $3.2 | - |
Fund fees
CITIC Securities fund fees are low.
| CITIC Securities | Interactive Brokers | TradeStation | |
|---|---|---|---|
| Mutual fund | $0.7 | $15.0 | $15.0 |
| EU mutual fund | - | $4.4 | - |
Bond fees
CITIC Securities has bond fees.
| 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 .
| CITIC Securities | Interactive Brokers | TradeStation | |
|---|---|---|---|
| US stock index options | - | $6.5 | $6.0 |
| UK stock index options | - | $21.1 | - |
| German stock index options | - | $18.2 | - |
Futures fees
CITIC Securities's futures fees are .
| CITIC Securities | Interactive Brokers | TradeStation | |
|---|---|---|---|
| US micro e-mini stock index futures | - | $2.5 | $15.0 |
| UK stock index futures | - | $21.1 | - |
| German e-mini stock index futures | - | $8.6 | - |
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 | Interactive Brokers | TradeStation | |
|---|---|---|---|
| Apple CFD financing rate | - | 5.3% | - |
| Vodafone CFD financing rate | - | 4.5% | - |
| EURUSD financing rate | - | 2.7% | - |
| EURGBP financing rate | - | 2.1% | - |
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.
| 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 | 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 | 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).
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