Is CITIC Securities free?

CITIC Securities fees
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 that other brokers do, or they only charge a small amount.

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 mutual fund fees Low 0.03% of trade value, but a minimum of CNY 5
Inactivity fee Low No inactivity fee

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CITIC Securities fees
CITIC Securities fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because 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 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

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

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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. several times a week).

Let's break down trading fees according to 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 Industrial Securities Interactive Brokers
US stock - - $1.0
UK stock - - $4.2
German stock - - $3.6

Fund fees

CITIC Securities fund fees are low.

Fees of a $2,000 fund purchase
CITIC Securities Industrial Securities Interactive Brokers
Mutual fund $0.8 $0.8 $15.0
EU mutual fund - - $4.4

Bond fees

CITIC Securities has bond fees.

Fees of a $10,000 bond trade
CITIC Securities Industrial Securities Interactive Brokers
US Treasury bond - - $5.0
EU government bond - - $10.0

Options fees

CITIC Securities's options fees are .

Options fees for 10 contracts
CITIC Securities Industrial Securities Interactive Brokers
US stock options - - $6.5
US stock index options - - $6.5
UK stock index options - - $23.8
German stock index options - - $20.4

Futures fees

CITIC Securities's futures fees are .

Stock index futures fees for 10 contracts
CITIC Securities Industrial Securities Interactive Brokers
US micro e-mini stock index futures - - $2.5
UK stock index futures - - $23.8
German e-mini stock index futures - - $9.6

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CITIC Securities fees
CITIC Securities non-trading fees

When it comes to non-trading fees, CITIC Securities is a rather cheap broker.

Non-trading fees include various brokerage fees and charges at CITIC Securities that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

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

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CITIC Securities fees
CITIC Securities deposit fee

Usually, brokers don't charge anything for deposits, and CITIC Securities is no different.

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

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CITIC Securities fees
CITIC Securities withdrawal fee

CITIC Securities generally doesn't charge a withdrawal fee.

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

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CITIC Securities fees
CITIC Securities inactivity fee

CITIC Securities does not apply an inactivity fee, which is great because your account won't be charged even if you do not trade for an extended period (like several months or years).

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Author of this article

Ádám Nasli

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

Ádám Nasli

Broker Expert

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent as possible.

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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