*The above investment and wealth management accounts were opened by Globalink Securities through Interactive Brokers, LLC, the top clearing, and delivery company in the United States. All eligible accounts are protected by the Investor Protection Society (SIPC) and the Securities and Exchange Commission (SEC) regulation. Each qualifying account provides coverage up to $30 million.
*The above minimum account opening funds for different investment and wealth management accounts can be applied to the value of securities assets deposited or transferred into the account.
*In addition to the basic commission fee for each transaction, there may be some minor access and exchange fees in the process of buying and selling transactions.
*In addition to the base commission, certain transactions are subject to a percentage of the SEC and FINRA fees. For specific fees, please refer to the website information of the company’s clearing and delivery company Interactive Brokers. Fee details
- SEC Fee: Pursuant to Section 31 of the Securities Exchange Act of 1934, national stock exchanges are obligated to pay the SEC a transaction fee based on the number of securities sold on their market. Trading rules require their broker-dealer members to pay a portion of these fees, and in turn, they charge their clients for this fee. Applies only to sell transactions and appears on the transaction confirmation as: “Fee” . (Details) Effective February 25, 2021, the rate is $5.10 per $1,000,000 in sales.
- FINRA/Transaction Fee (TAF): TAF only applies to sell transactions. From March 17, 2020, the current rate is $0.000119/share for stock, up to $5.95 per trade, and 0.002/contract for options, up to $5.95 per trade.
- Option Regulatory Fee (ORF): Options Exchange levies an Option Regulatory Fee (referred to as the “ORF Fee”) for option trades executed by Option Members at the Options Clearing Corporation (OCC), once traded, the Options Exchange imposes an Option Regulatory Fee. Applies to both sell and buy trades and appears as an option premium on trade confirmations. Effective October 1, 2021, the current combined rate is $0.02235 per contract.
*The interest of the financing account will change with the interest policy of the Federal Reserve Bank of the United States, and the company reserves the right to make corresponding adjustments according to the market interest conditions at any time. The interest of the cash account will also be adjusted from time to time, and the company may not give advance notice to the above adjustments. In addition, retirement accounts cannot in principle be financed.
*If you want to use 4x leverage on the financing limit, the minimum amount of funds in the eligible Day-Trade Account must be kept at least $25,000, and only 2 times the overnight financing limit can be reserved. The day-trade account is closed and kept in cash No financing interest will be charged overnight. All financing interest is settled daily based on the current APR and financing amount. *There is no base commission fee for stock options and index options, but a fee will be charged for each option contract depending on the account type.
*For more information, please log on to Globalinktrade www.globalinktrade.com.