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Adjustment of US Stock Fees $1 per trade
(Applicable to eligible clients in Singapore)
T&C
1.Commencing March 1, 2024, at 00:00:00 (Singapore time), uSMART Securities (Singapore) will launch out a fixed trading fee of US$1 per transaction for eligible clients' US stock trades. This promotion will remain in effect until further notice.
2.This fee adjustment applies to clients meeting any of the following criteria:
a.Singapore Citizens;
b.Singapore Permanent Residents (PR);
c.Holders of a valid Singapore Pass (EP/ WP/ LTVP/ SP/ DP);
d.Non-Singapore Citizens residing in Singapore with a valid Singapore address. Proof of Singapore address during account opening can be provided through utility bill or bank statement dated within the last 3 months. Alternatively, the Singapore address listed on Singpass (if applying with Singpass) can be used as proof.
3.For clients meeting the eligibility criteria outlined in (2), the fee structure for the three account types offered by uSMART Securities (Singapore) is as follows:
For uSMART Trader and Standard Account:
U.S. Stocks Price |
Commission |
Platform Fee |
Stock price ≥ 40 USD |
$0 |
US$1 /Order (Fixed) |
Stock price<40 USD |
$0 |
USD 0.005 Per Share Minimum USD 1.00 Per Order Maximum 0.50% * Transaction Amount |
For uSMART Intel Account:
U.S. Stocks Price |
Commission |
Platform Fee |
Stock price ≥ 40 USD |
$0 |
US$1.88 /Order (Fixed) |
Stock price<40 USD |
$0 |
USD 0.01 Per Share Minimum USD 1.88 Per Order Maximum 0.50% * Transaction Amount |
4.This fee adjustment applies only to stocks and ETFs listed on US stock exchanges, excluding OTC, and Mainboard stocks with a stock price US$40 or above. It is not applicable to US fractional shares, option trades, interday trading and short selling. Both cash and margin accounts are applicable.
5.This fee adjustment is applicable solely to individual and joint accounts.
6.This fee adjustment is eligible to both new and existing users. New users refer to those who registered, opened accounts, or deposited funds on or after March 1, 2024; existing users refer to those who registered, opened accounts, or deposited funds before March 1, 2024, as users of uSMART Securities (Singapore).
7.uSMART Securities (Singapore) reserves the right to change the eligibility criteria (eligible clients) for this fee adjustment.
8.Other fees related to US trades, including regulatory fees, exchange fees, and fees from upstream institutions, may still apply.
9.The company reserves the right to change, suspend, or terminate the above promotion, terms, and conditions at any time without prior notice to customers. All matters are subject to the interpretation of the company.
10.The company reserves the absolute discretion to change or cancel the promotion without further notice. In case of any dispute, uSMART Securities (Singapore) Pte. Ltd. reserves the final decision-making authority for the promotion, which is binding on participants. If there is any suspicion of fraud, violation of any regulations, or improper conduct leading to the termination of customer accounts, the company reserves the right to take any necessary legal action to recover rewards already deposited or paid to customers.
Notes
1.New uSMART users refer to those who did not have any trading accounts with uSMART and did not have any trading accounts with other uSMART entities.
2.If your uSMART account displays signs of abuse, fraud or suspicious activity (examples of and not limited to; making trades that make no economical sense or benefits, closing account immediately after claiming rewards), uSMART may, in its sole discretion, forfeit your rewards and limit your participation in future promotions.
3.By taking part in this promotion, you acknowledge that you have read and consented to these Terms and Conditions.
Disclaimer
This promotion is governed by the above terms and conditions. uSMART Securities (Singapore) Pte. Ltd. ("uSMART") reserves the right to change its terms and conditions or terminate this promotion without prior notice or liability to any person. Should any disputes arise in relation to the promotion, the decision of uSMART is considered final and will bind all participants of this promotional event. uSMART shall not be obliged to give any reason on any matter concerning this promotion and no correspondence or claims will be entertained.
This promotion does not constitute a recommendation or an offer or solicitation to buy or sell any investment products. It does not have any regard to your specific investment objectives, financial situation or particular needs. Investments are subject to investment risks including the possible loss of principal amount invested. Past performance is not necessarily indicative of future performance. Professional advice should be sought prior to making any investment decisions. uSMART will not be held responsible for any losses related to your investment activities.
This advertisement has not been reviewed by the Monetary Authority of Singapore.