Asia Brokerage costs with Boom
first posted: 2025-03-04 07:29:27.608273
I opened a Boom account to allow stock picking on East Asia stocks. Here are the fees for the markets not covered by ibkr:
| country | qty | price (ccy) | cost (ccy) | fees (ccy) | Fee (%) | total (USD) | fee (USD) | fx |
|---|---|---|---|---|---|---|---|---|
| indo | 7,800 | 2,580.00 | 20,124,000 | 486,214 | 2.42% | 1,250.00 | 29.49 | 0.000061 |
| indo | 31,700 | 2,580.00 | 81,786,000 | 512,913 | 0.63% | 4,991.39 | 31.11 | 0.000061 |
| Korea | 10 | 161,500.00 | 1,615,000 | 70,000 | 4.33% | 1,250.00 | 51.93 | 0.000742 |
| Korea | 44 | 161,501.00 | 7,106,044 | 70,000 | 0.99% | 5,323.47 | 51.93 | 0.000682 |
| Philly | 1,600 | 42.35 | 67,760 | 3,687 | 5.44% | 1,250.00 | 64.50 | 0.017496 |
| Philly | 6,700 | 42.35 | 283,745 | 3,708 | 1.31% | 5,029.15 | 64.88 | 0.017496 |
| Malay | 2,000 | 2.68 | 5,360 | 163 | 3.03% | 1,250.00 | 36.81 | 0.226342 |
| Malay | 8,200 | 2.68 | 21,976 | 213 | 0.97% | 5,022.42 | 48.32 | 0.226342 |
| Thai | 3,100 | 12.80 | 39,680 | 2,605 | 6.57% | 1,250.00 | 77.01 | 0.029561 |
| Thai | 13,000 | 12.80 | 166,400 | 2,605 | 1.57% | 4,996.01 | 77.01 | 0.029561 |
The fee shows purport to be all inclusive starting from a HKD balance with a total cost calculator included in web interface. The fx is converted with HSBC with 1% to 2% fee according to brokerage. The HKDIDR fx cost I experienced with 2 trades of USD5000 was 0.66%
Boom is owned by Monex Group (8698 JP)
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