How Binance US-Stock Fees Are Calculated, with Three Worked Examples
Binance charges no commission on stock trades. The cost has three parts: a platform fee or spread on each order, a few fees charged on specific events, and withholding on dividends. The table below follows the Binance stock fee page line by line as it stood in October 2026, and sets the promotional price next to the standard price that returns when the promotion ends. Trading sessions, payment assets and sale proceeds are covered in How to Buy US Stocks on Binance; this page deals with the money only.
The fee page line by line
| Item | Listed price | Notes |
|---|---|---|
| Commission | None | The platform fee or spread below is charged instead |
| Platform fee (smaller orders) | Promotional 0.17 USD per order on a trade value of 340 USD and below; standard 0.35 USD per order | Promotion runs until 2026-12-31 23:59 (UTC). The help page, written at the standard price, puts the threshold at 350 USD |
| Spread (larger orders) | Promotional 0.05% on a trade value above 340 USD; standard 0.10% | Above the threshold the platform fee is waived and the spread applies. The help page says it is rounded up to two decimal places |
| Currency conversion | Zero between USDC and USD | Orders placed with USDT, BNB and the like are converted to USDC first, at the rate shown on the confirmation screen |
| Regulatory fees | SEC, FINRA and CAT fees are absorbed by Binance | Zero on the user's side |
| ADR fee | 0.01 to 0.05 USD per share | Applies only to American Depositary Receipts; the help page says once or twice a year |
| Dividend withholding | 30% by default | Deducted before the dividend is credited |
| DTC transfer out | 150 USD per security per transfer | Charged when moving shares to another broker. ACATS is not supported |
| Account maintenance, custody | Not charged at present | The help page says Binance does not currently charge account maintenance, inactivity or custody fees for equity holdings |
Two pages are involved. The fee page shows current prices, promotion included. The Help Center page on stock trading is still written at the standard 0.35 USD / 0.10% / 350 USD. Where they disagree, go by what the fee page currently shows.
How the platform fee and the spread meet at the threshold
At the promotional price the threshold is 340 USD: 340 × 0.05% = 0.17 USD, exactly the platform fee. The cost is therefore continuous in order value, a flat 0.17 USD up to 340 USD and 0.05% beyond it. The standard price joins up the same way: 350 × 0.10% = 0.35 USD.
On a smaller order the fixed 0.17 USD is a share of 0.17 ÷ order value, so the share rises as the order shrinks:
| Order value | Cost at the promotional price | Share of order | Cost at the standard price | Share of order |
|---|---|---|---|---|
| 5 USD (the minimum) | 0.17 USD | 3.40% | 0.35 USD | 7.00% |
| 50 USD | 0.17 USD | 0.34% | 0.35 USD | 0.70% |
| 170 USD | 0.17 USD | 0.10% | 0.35 USD | about 0.21% |
| 340 USD | 0.17 USD | 0.05% | 0.35 USD | about 0.10% |
| 1,000 USD | 1,000 × 0.05% = 0.50 USD | 0.05% | 1,000 × 0.10% = 1.00 USD | 0.10% |
Three examples you can recompute
The fee page prices by order trade value and does not distinguish buys from sells, so each example below counts the buy and the sell as one order each, charged once each.
| Case | Promotional arithmetic | Promotional total | Standard total |
|---|---|---|---|
| Buy 50 USD, later sell at 50 USD | 0.17 + 0.17 | 0.34 USD, or 0.68% of 50 USD | 0.35 + 0.35 = 0.70 USD, or 1.40% |
| Buy 340 USD, sell after it rises to 400 USD | Buy 0.17; sell 400 × 0.05% = 0.20 | 0.37 USD | Buy 0.35; sell 400 × 0.10% = 0.40; total 0.75 USD |
| Buy 2,000 USD, sell at the same price | 2,000 × 0.05% × 2 | 2.00 USD, or 0.10% | 2,000 × 0.10% × 2 = 4.00 USD, or 0.20% |
In the second case the buy and the sell fall on opposite sides of the threshold, so one pays the platform fee and the other pays the spread. To use your own amounts, enter them in the US Stock Trading Cost Calculator or apply the arithmetic above directly.
Three event-based items: ADR fee, dividend withholding, transfer out
- ADR fee: charged per share at 0.01 to 0.05 USD. Holding 100 shares of an ADR means 100 × 0.01 = 1 USD to 100 × 0.05 = 5 USD each time it is charged. Ordinary US shares and ETFs do not carry it.
- Dividend withholding: 30% by default. On a 10 USD dividend, 10 × 30% = 3 USD is withheld and 7 USD is credited. The 30% is the default rate stated on the fee page.
- DTC transfer out: 150 USD per security per transfer. Moving three securities at once costs 3 × 150 = 450 USD, and on a single position worth 1,000 USD the fee equals 15% of its value. For a small position, selling and rebuying elsewhere usually costs less than transferring, provided you are willing to sell.
Costs the fee page does not price
- The market's own bid-ask gap. The "spread" in the fee table is the amount Binance charges on trade value. The gap between the best bid and the best ask in the quote is a separate thing and is not in the table. A limit order lets you fix the fill price at a level you accept.
- Converting USDT and other assets into USDC. The fee page prices only the conversion between USDC and USD, at zero.
- The help page's catch-all. It says other fees and costs may apply, such as currency conversion, regulatory fees, dividends, taxes and holding fees. Of these, currency conversion, regulatory fees and dividends are priced on the fee page; see the table above.
On tax, the only item the fee page states is the default 30% withholding on dividends. Whether and how gains on a sale are reported where you live appears on neither page; that depends on your local tax law.