RockFlow Transaction Fees

RockFlow believes that providing best execution prices is in the best interests of users. We committed to let our users get the best available prices for stocks and ETFs across exchanges.

RockFlow hope users can experience better trading with low costs: Low commissions with no added spreads, ticket charges, platform fees, or account minimums.

1. Commission Fee

1.1 U.S. Stocks

Type	Charged By	Fee	Pricing
Commission	RockFlow	Fractional Share Commission (Number of shares in a single transaction < 1 share)	$0.006/share × number of shares Min. Charge/Order: Max($0.4, Trade Value × 0.15%) Max. Charge/Order: Trade Value × 2%
		Whole Share Commission (Number of shares in a single transaction > 1 share)	$0.006/share × number of shares Min. Charge/Order: Max($1,Trade Value × 0.15% )
Third Party Fee¹	SEC (U.S. Securities and Exchange Commission)	SEC Membership Fee (Charged for sell orders only)	0.000008 × Trade Value Min. Charge/Order: $0.01
	FINRA(U.S. Financial Industry Regulatory Authority )	Trading Activity Fee (Charged for sell orders only)	$0.0.000145 / Share × number of shares Min. Charge/Order: $0.01 Max. Charge/Order: $7.27
	Exchanges	Exchange Fee	Different exchanges and transaction types have different fees

¹If there is any change in the fees charged by third parties such as exchanges and regulators, RockFlow will adjust the fees it charges on their behalf accordingly.

²To protect clients' interests, RockFlow charges the fractional share trading commission up to 2% of the trade value respectively. If the calculated maximum commission per order is lower than the minimum commission per order, RockFlow would charge the lowest one:

For example, there is a user who buys 0.1 shares of stock at a price of $100 in one order. Since the Min. Charge/Order($0.4) > the Max. Charge/Order($0.02), RockFlow will charge a commission of $0.02 as the lowest price.

Pricing Methods	Pricing Methods Comparision	Other Brokers Charge	RockFlow Charges
Min. Charge/Order	$0.4	✅
Max. Charge/Order	$100/Share × 0.1 Shares × 2%=$0.02		✅The lowest.

（3）In order to provide the optimal execution price, RockFlow will transmit the order to the optimal exchange for execution, so the fee will fluctuate.

1.2 Hong Kong Stocks

Type	Charged By	Fee	Pricing
Commission	RockFlow	Commission	0.03% × Trade Value + HKD 10
Third Party Fee¹	HKEX	Trading Fee	0.005% × Trade Value
	HKSCC	Settlement Fee	0.002% × Trade Value Min. HKD 2 and Max. HKD 100 / Order
	SFC	Transaction Levy	0.0027% × Trade Value
	Government of Hong Kong	Stamp Duty	0.13% × Trade Value (Rounding up to the nearest integer)
	Financial Reporting Council	FRC Transaction Levy	0.00015% × Trade Value

¹If there is any change in the fees charged by third parties such as exchanges and regulators, RockFlow will adjust the fees it charges on their behalf accordingly.

1.3 U.S. Stocks Options (Baby bull & Baby bear)

Type	Charged By	Fee	Pricing
Commission	RockFlow	Commission	$0.9/contract Min. $1.9/Order
Third Party Fee¹	SEC (U.S. Securities and Exchange Commission)	SEC Membership Fee (Charged for sell orders only)	$0.0000229 × Trade Value Min. $0.01/Order
	FINRA(U.S. Financial Industry Regulatory Authority )	Trading Activity Fee (Charged for sell orders only)	$0.00244× Quantity Sold Min. $0.01/Order
	Exchanges²	Option Regulatory Fee	0.03025/contract
	OCC (Options Clearing Corporation)	OCC Clearing Fee	Trades of 1-2750 contracts: $0.02/contract Trades > 2750 contracts: $55/trade
	Exchanges	Exchange Fee	Varies by Exchanges and transaction Type

¹If there is any change in the fees charged by third parties such as exchanges and regulators, RockFlow will adjust the fees it charges on their behalf accordingly.

²The OPtions Regulatory Fee is charged by the following exchanges: AMEX, BATS, BOX, CBOE, CBOE2, EDGX, EMERALD, ISE, GEMINI, MERCURY, MIAX, NOM, NASDAQBX, PSE, PHLX.

• When options contracts expire in-the-money, there may be exercise and stock settlement fees incurred.

2. Margin Fee and Securities Financing Fee

2.1 Margin Fee

Currency	Long Margin Rate
USD	7.375%
HKD	7.375%

• To adapt to changes in currency exchange rates, Long Margin Rate may be adjusted periodically.
• The number of financing days is calculated based on 365 natural days, and interest is calculated on a calendar day(If you return the money within the day you borrow, the interest would be free. Otherwise, interest would be charged). Long Margin Interest formula: financing amount × long margin rate × actual financing days/365.
• Long Margin Interest formula: financing amount × long margin rate × actual financing days/365.

2.2 Securities Financing Fee

• Securities financing fee depends on the stocks. Please refer to the daily statement when the actual order is placed.
• Securities Financing Interest formula: Market value of securities lending × interest rate of short selling × actual securities lending days/365.
• If the account is in arrears after deducting interest in the current month, the amount of the arrears will be included in the amount of this month's financing.

3. Foreign Exchange Fee

Charged By	Type	Fee
RockFlow	Application Fee (Refund if application failed)	$0.003/Share Min. $1/Order
RockFlow	Interest Rate	8%

• Securities financing fee depends on the stocks. Please refer to the daily statement when the actual order is placed.
• Securities Financing Interest formula: Market value of securities lending × interest rate of short selling × actual securities lending days/365.
• If the account is in arrears after deducting interest in the current month, the amount of the arrears will be included in the amount of this month's financing.

ATN： The current commission rates have included benefits for the promotion period. RockFlow reserves the right to adjust the commission rate at any time according to new promotion plans and market changes. Relevant adjustments will be notified in a timely manner through the official website, customer service, text messages, emails and other channels. Please pay attention to commission changes.