FEES SCHEDULE

This Fees Schedule outlines the applicable charges, fees, and pricing structure for users of the CUSP Limited (the “Platform”). By accessing and utilising the Platform’s services, users agree to comply with the terms set forth in this Schedule, which forms an integral part of the Terms and Conditions. The fees detailed herein are designed to ensure transparency and provide a clear understanding of the costs associated with various subscription tiers, transaction fees, portfolio management services, regulatory fees, and withdrawal charges.

Users are encouraged to review this Schedule periodically to remain informed of any changes.

Subscription Tiers and Applicable Fees

The Cusp Platform offers three different subscription tiers with corresponding fees, as outlined below. By selecting a subscription plan, the User agrees to pay the applicable fees in accordance with this Fees Schedule.

Subscription Plans and Fees

Fee Type Free Subscription 1 Subscription 2
Subscription Price (Monthly Fee) $0 $10 $20
Basic Trading $0 $0 $0
Option Price per Contract $2 $1 $0.5
Portfolio Management Fee (Tailored Portfolios) 0.75% 0.5% 0.25%
Withdrawal Fees $5 $5 $5
Regulatory Fees Covered by the Platform Covered by the Platform Covered by the Platform

Fee Applicability and Payment Terms

  • Subscription Fees: Subscription fees are charged on a recurring monthly basis. By enrolling in a subscription plan, the User expressly authorises Cusp to deduct the applicable fee from their designated payment method at the start of each billing cycle, unless and until the subscription is cancelled in accordance with the Terms and Conditions.
  • Option Price per Contract: Users engaging in options trading shall be charged the applicable fee per contract as specified under their active subscription tier. Such fees will be automatically debited at the time of trade execution.
  • Portfolio Management Fees: Portfolio management fees apply exclusively to Users utilizing tailored investment portfolio services. These fees are calculated as a percentage of the total assets under management (AUM) and shall be deducted periodically, in accordance with the Platform’s portfolio management policies and applicable billing schedule.
  • Withdrawal Fees: A flat withdrawal fee of $5.00 applies to each withdrawal transaction initiated by the User, regardless of the subscription tier selected. This fee will be automatically deducted from the withdrawal amount or charged to the User’s account balance.
  • Regulatory Fees: All mandatory regulatory fees imposed by applicable financial and securities regulatory authorities, including but not limited to the Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC), Options Clearing Corporation (OCC), and option exchanges, shall be absorbed and paid by Cusp. These fees will not be passed on to the User and will not appear as separate charges on the User’s transaction confirmations or account statements.

Changes to the Fees Schedule

Cusp reserves the right to amend or update this Fees Schedule at its sole discretion. Any modifications to the fees will be communicated to the Users in accordance with the notification provisions outlined in the Terms and Conditions. Continued use of the Platform following any fee adjustments constitutes acceptance of the revised Fees Schedule.

Refunds and Cancellations

  • All fees paid, including subscription fees, are non-refundable, and no refunds or credits will be issued for any unused portion of the subscription period.
  • Withdrawal fees and option contract fees are non-refundable once transactions are processed.
  • Portfolio management fees will be charged based on the applicable fee structure at the time of service, and no retrospective adjustments or refunds shall apply.

General Provisions

  • All fees stated in this Fees Schedule are in U.S. dollars (USD).
  • Fees and charges will be automatically deducted from your Account without requiring further authorisation from you for each transaction.
  • Users are responsible for ensuring that their account maintains sufficient funds to cover applicable fees. Cusp reserves the right to suspend or restrict services for accounts with unpaid fees.
  • In the course of delivering services to you, Cusp may incur costs, fees, charges, and/or expenses from third parties. Any such costs, fees, charges, or expenses will be governed by the terms and conditions of the relevant third parties. You agree to bear full responsibility for any such costs, fees, or charges incurred.
  • The fees, charges, and payment obligations outlined in this Fees Schedule are subject to the terms and conditions governing the use of the Cusp Platform. Users are advised to review the Terms and Conditions for comprehensive details regarding payment terms, billing cycles, fee adjustments, refund policies, and any other provisions applicable to financial transactions on the Platform. In the event of any discrepancy or inconsistency between this Fees Schedule and the Terms and Conditions, the provisions of the Terms and Conditions shall prevail.
  • This Fees Schedule forms an integral part of the Cusp Platform’s Terms and Conditions and shall be governed by the governing law as specified in the Terms and Conditions.

For any questions regarding this Fees Schedule, please contact [email protected].