Understanding BDO Securities Fees

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Understanding BDO Securities' Fees

by BDO Securities | Oct 10, 2023 | 9 min. read

As an online brokerage, BDO Securities makes investing affordable with its low commission structure. In the past, purchasing stock through a broker could have cost over 1.5%. Now, thanks to its online brokerage structure, an investor can purchase stock through BDO Securities for as low as 0.25% commission, plus other small fees and taxes. This article will breakdown BDO Securities’ fee structure for both Buying and Selling stocks.

BDO Securities Buying Fees

There’s a fee for purchasing a stock with BDO Securities. This is broken down as follows:

Fee Name	Fee	Charged on
Securities Clearing Corporation of the Philippines fee	0.01%	Gross Amount
Broker’s Commission	0.25%	Gross Amount
Value Added Tax (VAT)	12.00%	Broker's Commission

You may be a bit confused regarding the numbers above, so let’s look at an example of the fees when purchasing PHP 10,000 of stock.

Fee Name	Fee	Example: Buying PHP 10,000	Fee
Securities Clearing Corporation of the Philippines fee	0.01%	PHP 10,000 x .010%	PHP 1.00
Broker’s Commission	0.25%	PHP 10,000 x .25%	PHP 25.00
Value Added Tax (VAT) charged on broker's commission	12.00%	PHP 25 x 12%	PHP 3.00

Total Fee to buy PHP 10,000 of stock PHP 29.00

Net investment after fee PHP 10,029.00

The total fees charged to purchase PHP 10,000-worth of stock amounts to PHP 29.

BDO Securities Selling Fees

The fees associated with selling a stock are the same as buying a stock. The only additional charge for selling a stock is, it includes 0.60% sales tax. Below are the fees and taxes to sell stocks with BDO Securities.

Fee Name	Fee	Charged on
Securities Clearing Corporation of the Philippines fee	0.01%	Gross Amount
Broker’s Commission	0.25%	Gross Amount
Value Added Tax (VAT)	12.00%	Broker's Commission
Sales Tax	0.60%	Gross Amount

Below is an example showing the fees associated with selling PHP 10,000-worth of stock.

Fee Name	Fee	Example: Selling PHP 10,000	Fee
Securities Clearing Corporation of the Philippines fee	0.01%	PHP 10,000 x .010%	PHP 1.00
Broker’s Commission	0.25%	PHP 10,000 x .25%	PHP 25.00
Value Added Tax (VAT) on broker's commission	12.00%	PHP 25 x 12%	PHP 3.00
Sales Tax	0.60%	PHP 10,000 x 0.60%	PHP 60.00

Total Fee plus tax to sell PHP 5,000 of stock PHP 89.00

Net investment after fee PHP 9,911.00

Conclusion

BDO Securities charges very low fees for both buying and selling stocks.

The charges for buying a stock include the stockbroker's commission fee, VAT on the commission fee, and the Securities Clearing Corporation of the Philippines Fee.

The fees for selling a stock are the stockbroker's commission fee, VAT on the commission fee, Securities Clearing Corporation of the Philippines Fee, and the sales tax.

If you haven’t signed up for a BDO Securities account, click the link below to open an account in as little as five minutes if you have a BDO Savings account.

Now that you know about BDO Securities fees, it’s time to start trading!

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For concerns, you may contact the BDO Securities Hotline at (+632) 8840-7878, Monday to Friday from 8:30AM to 5:00PM, or email us via bdosec-customercare@bdo.com.ph. BDO Securities is a PSE and PDEx Trading Participant, an SCCP and SIPF Member, and is regulated by the CMIC with website www.cmic.com.ph, and the SEC with telephone no. 0916-383-8633 and (+632) 8818-0921 and email address at msrdsubmission@sec.gov.ph.

Financial product/s of BDO Securities are not covered by the Philippine Deposit Insurance Corporation and are not guaranteed by the BDO Unibank, as the case may be.

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