What Fees Apply to Leveraged US Stocks on Pluang?

Two distinct fees apply to leveraged US Stocks on Pluang. The first is the standard transaction fee, charged on every leveraged order on both the buy and the sell side, at 0.2% for Pluang Plus members and 0.3% for Regular users. This covers regulatory reporting and other operational costs of routing and recording your order. The second is the Daily Leverage Fee, a holding cost that applies only to 2x leveraged positions still held after the exchange closes. It is charged every calendar day the position stays open, weekends included, and is deducted from your USD Margin Balance. Its rate is tied to the Federal Funds Rate and currently stands at 4.5% per year for Pluang Plus and 7.5% for Regular users. 4x Day Trade positions never incur it, because they are closed before the market shuts.

• Fee 1 — standard transaction fee: 0.2% for Pluang Plus, 0.3% for Regular users, charged on both the buy and the sell side.
• What it covers: Regulatory reporting and other operational costs of routing and recording your order.
• Applies to: Every leveraged order, at both 2x and 4x Day Trade.
• Fee 2 — Daily Leverage Fee: A holding cost on 2x positions still held after the exchange closes.
• Current annual rates: 4.5% per year for Pluang Plus, 7.5% per year for Regular users, effective 26 December 2025.
• Charged and deducted: Every calendar day the position is open, weekends included, taken from your USD Margin Balance.
• 4x Day Trade exemption: Never incurs the Daily Leverage Fee, because the position closes before the market shuts.

Related questions:

Q: How do the two fees differ from each other?
The transaction fee is charged when you trade, as a percentage of the transaction, on each side. The Daily Leverage Fee is charged for holding, per calendar day, and only on 2x positions carried past the close. One is a cost of transacting, the other a cost of time. A 2x position held for several nights incurs the transaction fee twice and the daily fee once per day held.

Q: Do 4x Day Trade positions ever get charged the Daily Leverage Fee?
No. The Daily Leverage Fee applies only to 2x leveraged positions still open after the exchange closes. A 4x Day Trade position is force-closed 30 minutes before the close, so it never meets the condition that triggers the fee. It still pays the standard transaction fee on both the buy and the sell, so it is not free of charges altogether.

Q: Why does the Daily Leverage Fee rate sometimes change?
Because it is tied to the Federal Funds Rate, the benchmark set by the US Federal Open Market Committee. When the FOMC adjusts that rate, Pluang's leverage fee rates can move with it, and this may happen at any time without prior notice. The current rates of 4.5% and 7.5% per year have been in effect since 26 December 2025.

Q: Does my membership tier change what I pay?
Yes, on both fees. Pluang Plus members pay 0.2% per transaction against 0.3% for Regular users, and 4.5% per year on the Daily Leverage Fee against 7.5%. The gap compounds for positions held over long periods, since the daily fee accrues on every calendar day the 2x position remains open, weekends included. Over a long holding period the tier difference becomes the larger of the two effects.