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Fees overview: exchange-imposed fees
Fees overview: exchange-imposed fees
Updated over a month ago

This article provides detailed information about trading fees for various instruments, minimum and standard commissions, as well as subscription prices for real-time market data across different exchanges

Fees are charged only for trades that have been successfully executed. If your order was rejected, the commission won’t be charged.

Note! EXANTE applies either fixed or variable fees depending on the instrument. For percentage-based commission fees, the final amount is rounded up to the nearest hundredth in the given currency. With higher-frequency trading, a 10-cent rounding error may accumulate within three minutes.

What is the difference between minimum and standard trading commissions?

Keep in mind that there are two types of commissions - minimum and standard.

If you place one order for 1 to 50 shares, the commission will be $1 per trade or equivalent in other currency.

If an order contains more than 50 shares, a standard commission of 0.02 USD (or the equivalent in other currencies) will be applied to the excess shares.

How do the commissions for stocks & ETF trades differ across exchanges?

  • The fixed commission on the main US exchanges is $0.02 per share.

  • Trading on major European exchanges, such as Euronext Brussels or Euronext Paris, is subject to a 0.05% fee.

  • EXANTE also grants access to major Asian exchanges, with fees ranging from 0.1% on the Tokyo Exchange to 0.189% on the Hong Kong Exchange.

Exchange

Fixed commission

Minimum commission

American Stock Exchange

$0.02/share

1 USD

NASDAQ Global Markets

$0.02/share

1 USD

New York Stock Exchange

$0.02/share

1 USD

Toronto Stock Exchange

0.02 CAD/share

1 CAD

London Stock Exchange

0.05%

1 GBP

Oslo Stock Exchange

0.075%

50 NOK

Euronext Brussels

0.05%

1 EUR

Euronext Lisbon

0.05%

1 EUR

Euronext Paris

0.05%

1 EUR

Xetra Stock Exchange

0.05%

1 EUR

Milan Stock Exchange

0.1%

1 EUR

Swiss Exchange

0.075%

1 CHF

Singapore Stock Exchange

0.19%

2.5 SGD

Australian Securities Exchange

0.12%

6 AUD

Tokyo Stock Exchange

0.1%

150 JPY

How do the commissions for futures and options trading differ across exchanges?

Please note that the price may be adjusted to reflect changes in the applicable exchange rate.

Exchange

Futures trading fee

NYMEX New York Mercantile Exchange

Approx. from 2 USD to10 USD

CME Chicago Mercantile Exchange

Approx. from 1.7 USD to 25.5 USD

COMEX Commodity Exchange

Approx from 2 USD to 7.5 USD

CBOE Futures Exchange

Approx. from 1.705 USD to 2.6 USD

CBOT Chicago Board of Trade

Approx. from 1.8 USD to 7.2 USD

EUREX

Approx. from 1.6 EUR to 3.20 EUR

HKEX Hong Kong Futures Exchange

Approx. from 14 HKD to 22.54 HKD

SGX Singapore Exchange

Approx. from 3.1 USD to 3.5 USD

TOCOM Tokyo Commodity Exchange

215 JPY

ASX Australian Stock Exchange

Approx. from 2.4 AUD to 3.5 AUD

Note: EUREX charges an additional fee in instances of low Order to Trade ratio.

What are the external fees for transactions in the UK and Ireland markets?

As of July 2020, the applicable fees for transactions in the UK and Ireland markets are the following:

(1) Stamp Duty in the UK: 0.5% of the transaction value (for buy-side transactions)

(2) PTM Levy in the UK: £1 per contract where the gross value of the trade exceeds £10,000

(3) Stamp Duty in Ireland: 1% of the transaction value

(4) ITP Levy in Ireland: €1.25 per contract where the trade value exceeds €12,500.

(5) France: a charge of 0.3% applies on buy-side trades for specific securities

(6) Spain: a charge of 0.2% applies on buy-side trades for equities whose market capitalisation exceeds EUR 1 billion

(7) Italy: a charge of 0.1% applies on all buy-side trades

Please check the links for up-to-date information.

What are the fees associated with the bond trading?

The bond fees are as follows:

  • Trading fee: 0.09% (of deal value)

  • Minimum fee for manually executed deals: 50 USD per deal (not applicable to MOEX bonds traded on the Broker platform)

  • Custody fee: 0.3% (annually). This information is in the Transactions report as 'Custody Fee.'

What are the subscription fees for certain exchanges?

Accessing real-time feeds from the exchanges listed in the "Market Data Subscriptions" section in the Client's area incurs a fee charged by the exchange. You can subscribe to any of the markets through the Client’s Area → Settings → Market Data Subscriptions.

The article "Real-time data feed" provides detailed instructions on how to subscribe to the real-time market data feed.

Note: The rates may change at the discretion of the exchange.

How to subscribe to real-time market data feed?

You can subscribe to real-time market data feeds in your client area and through the desktop trading platform. You can find detailed instructions on the subscription process in the article Real-time data feed.

What are the cash conversion fees?

Fee for cash conversion:

  • 0.25% on all major currency pairs (except EUR/USD, where the rate is 0).

  • For the rest currencies, it equals 0.4%.

  • No additional fee is applied when converting through the Account Summary module on the trading platform or with automatic currency conversion.

Where can I find information about the fees associated with my account?

You can find the current fees applicable to your account at any time in your Client's Area.

EXANTE allows you to trade both private and corporate bonds with fees starting at 9 bps for a range of bonds (i.e. both European and US Corporate/Government bonds).

If you want to trade currency pairs, live market spreads start at 0.2 pips.

What is the interest fee?

The interest fee is charged for holding a negative position in cash. The rates vary depending on the currency. Feel free to examine EXANTE interest rates in your Client’s Area.

What are the overnight fees?

Overnight fees apply to short positions and FX. They depend on the market and are constantly changing. Current overnight fees can be found in the Client's area.

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