Is There a Fee for Trading Options on Pluang?

Yes. Pluang charges a transaction fee of 0.3% of the total transaction value, with a minimum of $3.00 per transaction, and this rate applies to all users — there is no tiered pricing, no volume discount, and no separate rate for new accounts. The fee is charged per transaction, which means it applies both when you open a position and again when you close it, so a full round trip incurs it twice. The minimum is the part worth planning around: because $3.00 is charged whenever 0.3% of your transaction value would come to less than that, small trades carry a proportionally much heavier cost. On a transaction of $1,000 the percentage fee applies at $3.00, exactly at the threshold; below that value the flat $3.00 minimum takes over and your effective fee rate rises the smaller the trade. The exact fee for any specific order — along with any applicable taxes — is shown on the order review screen before you tap to confirm, so you can always see the figure for your own transaction rather than estimating it.

How the Options transaction fee works:

• Rate: 0.3% of the total transaction value, with a minimum of $3.00 per transaction.
• Who it applies to: all users, with no tiering, volume discount, or promotional rate.
• Charged per transaction: it applies on opening a position and again on closing it — budget for it twice on a round trip.
• The minimum bites hardest on small trades: at a transaction value of $1,000, 0.3% equals exactly $3.00. Below that, the flat minimum applies and your effective rate climbs.
• Shown before you confirm: the order review screen displays the transaction value together with all fees and taxes charged, so you can check the exact figure for your order.
• Separate from tax: the transaction fee is not a tax. Income tax applies to Options transactions separately, and the transaction fee itself carries 11% VAT — both are itemised on the order review screen.

Related questions:

Q: Is the fee charged when I buy, when I sell, or both?
Both. The 0.3% fee (minimum $3.00) is a per-transaction charge, so opening a position is one transaction and closing it is another. A complete round trip — buying a contract and later selling it, or selling one and later buying it back — therefore incurs the fee twice. When you are working out whether a trade is worth it, count both legs, because on small positions the two charges together can be a meaningful share of your expected profit.

Q: Does the fee rate get cheaper if I trade more?
No. The 0.3% rate with a $3.00 minimum applies to all users equally — Pluang does not operate volume tiers, loyalty discounts, or reduced rates for high-frequency options traders. What does change with trade size is your effective rate, but only through the minimum: once a single transaction is worth more than $1,000, the percentage takes over from the flat $3.00 floor, so the effective rate falls to 0.3% and stays there.

Q: Why did I pay $3.00 when 0.3% of my transaction was less than that?
Because $3.00 is the floor, not a rounding artefact. The rule is 0.3% of transaction value or $3.00, whichever is greater. If you traded, say, $400 worth of contracts, 0.3% would be $1.20 — below the minimum — so the $3.00 minimum is charged instead, which works out to an effective rate of 0.75%. This is the main reason very small options trades on Pluang are inefficient: the fixed minimum consumes a much larger share of a small position.

Q: Where can I see the exact fee before I place an order?
On the order review screen. After you have chosen your contract, order type, and quantity and tapped Review Order, Pluang displays the transaction amount along with every fee and tax being charged, before you confirm. Check that figure there rather than calculating it yourself — it is the authoritative number for your specific order, and it also captures anything else applicable to that transaction.