- Fees overview
- What are the fees you charge for trades?
- What is the minimum transaction size?
- What are the fees for margin-trading?
- What are the fees for manual execution?
- How do you calculate rollovers?
- What are the overnight fees?
- What spreads does EXANTE offer?
- What leverage rates do you offer?
- Can I buy bonds and use them as a collateral for trading?
- Can I short a stock and how much does it cost?
- Can I trade stocks in pre-market and aftermarket?
- Can I participate in IPO (Initial public offering)?
First of all, we wanted to let you know that the fees we charge are for real trades. We do not have a minimum transaction size. You can trade any number of instruments starting from one traded unit. The size of the minimum traded unit varies by instrument. You can see the specific value on EXANTE’s trading platform in the instruments field. We have a fee for withdrawing funds – it’s 30 EUR/USD/GBP.
When trading Stocks & ETFs, the maximum rate on the main US exchanges is $0.02 per share. With European exchanges, fees vary from 0.01% to 0.18%. Trading on major European exchanges, such as Euronext Brussels or Euronext Paris, is subject to a 0.05% fee. EXANTE grants access to major Asian exchanges as well, with fees ranging from 0.1% on the Tokyo exchange to 0.25% on the Hong Kong Exchanges.
|American Stock Exchange||$0.02 / share|
|NASDAQ Global Markets||$0.02 / share|
|New York Stock Exchange||$0.02 / share|
|Toronto Stock Exchange||0.02 CAD / share|
|London Stock Exchange||$0.05|
|Moscow Stock Exchange||0.01%|
|Oslo Stock Exchange||0.18%|
|Xetra Stock Exchange||0.05%|
|Italian Stock Exchange||0.1%|
|Singapore Stock Exchange||0.15%|
|Australian Securities Exchange||0.15%|
|Madrid Stock Exchange||0.1%|
|Tokyo Stock Exchange||0.1%|
Trading futures or options on the main US exchanges will cost you up to $1.5 USD. The exception here is futures trading on ICE Intercontinental Exchange where the maximum fee is $2.5 USD. Options trading on ICE will run you up to $1.5 USD. Futures trading on the main European Exchanges has a fee of 1.5 EUR. The fee for trading on DGCX is 2 USD, on HKEX - 12 HKD, 20 JPY on OSE, 1.5 AUD on ASX and 2.5 USD on SGX.
|Exchange||Futures trading fee|
|MGEX Minneapolis Grain Exchange||1.5 USD|
|NYMEX New York Mercantile Exchange||1.5 USD|
|CME Chicago Mercantile Exchange||1.5 USD|
|COMEX Commodity Exchange||1.5 USD|
|CFE CBOE Futures Exchange||1.5 USD|
|CBOT Chicago Board of Trade||1.5 USD|
|EUREX (DTB,SOFFEX)||1.5 USD|
|Belfox Euronext Brussels||1.5 USD|
|MATIF Euronext France||1.5 USD|
|MONEP Euronext France||1.5 USD|
|FTA Euronext NL Derivatives||1.5 USD|
|IDEM Borsa Italiana SpA||1.5 USD|
|MEFF Mercado Español de Futuros Financieros||1.5 USD|
|DGCX Dubai Gold & Commodities Exchange||2 USD|
|HKEX Hong Kong Futures Exchange||12 HKD|
|OSE Osaka Securities Exchange||20 JPY|
|SGX Singapore Exchange||2.5 USD|
|TOCOM Tokyo Commodity Exchange||215 JPY|
|ASX Australian Stock Exchange||1.5 AUD|
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 and Government bonds). If you want to trade currency pairs, live market spreads start at 0.2 pips. There are also overnight fees applicable to short positions and FX. They depend on the market and are constantly changing. Current overnight fees can be found in the clients area.
EXANTE’s clients will now be able to trade 15 crypto assets. Leverages vary depending on the currency. For BTC, the leverage is 33%, for BCH, DASH, ETH, LTC, XMR, XRP and ZEC – 50%. The leverage goes up to 100% for BAT, ETC, IOTA, NEO, OMG and XAI.
The price steps and price step values are $0.01 for BCH, BTC, DASH, ETH, LTC, NEO, XMR and XAI fund. For BAT, EOS, IOTA and XPR these are $0.0001, for ETC and OMG – $0.001. Shorting is only allowed for BTC, DASH, ETH, XMR, XPR and ZEC.
There is a one-time subscription fee of 0.5%, one-time redemption fee of 0.5% and a safekeeping fee of 3.5% p.a. charged on a daily basis.
An inactivity fee charges monthly from the accounts that did not perform any trading activity within the latest 181 days, do not have any open positions at all and have balance less than €5000. The empty accounts with the balance less than €100 may be closed after two years of inactivity.
Recently, we introduced our EXANTE MasterCard. There is no issue fee and the card can be issued in GBP, EUR and USD. There is a minimum deposit of 10,000 GBP/EUR/USD to get the card. There is no minimum transaction size with a maximum transaction size of 20,000 GBP/EUR/USD per day. The minimum withdrawal size is 50 GBP/EUR/USD and the maximum withdrawal size is 2,000 GBP/2,500 EUR/2,500 USD per day. There are no maintenance or transaction fees, but there is a 1% withdrawal fee with a minimum of 3 GBP/EUR/USD.
What are the fees you charge for trades?
The fees depend on the market you trade in, on the instrument, on the traded volume, and on several other factors. Current fee size applicable to your account can be found at any time in your Client's area. For example, these are fees applicable to orders of some stocks on AMEX.
Approximate (generalized) fees are published on our website; they may, however, vary depending on your personal trading conditions. Standard commissions on all instruments can also be seen in the Demo mode. They always match the ones in Live (real-time) platform mode.
What is the minimum transaction size?
EXANTE has no minimum transaction size. You can trade any sum or number of instruments. The size of the minimum traded unit may vary by exchange. You can see this value in the Instrument Info in EXANTE Trading Platform. Please note that the size can be lower than one (1) — e.g., if you choose to trade crypto fund shares.
What are the fees for margin-trading?
We do not charge margin-trading fees per se. You can trade with leverage as long as you keep Margin Utilization below 100%.
In case you exceed 100% of the margin, there is a fee equivalent to 100% p.a. on the exceeded value charged daily. To reduce margin utilization, we might close your positions manually. The fee for manual execution in case of a margin call is 90 EUR.
The fees for exceeding the margin are set for each margin call occurred and are charged daily. The fees for the upcoming weekends are charged on the night from Wednesday to Thursday.
What are the fees for manual execution?
The fee for voice trading in case you place phone/email orders is 90 EUR. That fee is charged if the instrument is available in the online platform. If the trading platform is missing an instrument you want to trade, please send a request to our support team. The requested instrument will be added within 1-2 days.
How do you calculate rollovers?
The term rollover is used exclusively for FX positions. Rollover fees are charged on FX positions held overnight. Every day at 4:00 PM GMT each account is charged or credited with the rollover fee for FX positions held the previous night.
The rollover is calculated as (current notional value x * rate * days) / 360.
They are published on a daily basis. If the overnight rate is positive, it will be added up to your account. If the rate is negative, you will be charged with the stated amount.
What are the overnight fees?
Overnight fees are applicable for short positions and FX. They depend on the market conditions and are constantly changing. Current overnight fees for short trades and FX can be found in the client's area. All other instruments are not subject to overnight fees.
What spreads does EXANTE offer?
Live market spreads start at 0.3 pips on the most popular currency pairs. See our webpage for full list of spreads: https://exante.eu/markets/Currencies/
What leverage rates do you offer?
Standard EXANTE leverage rate starts from 20% for stocks and 5% for currencies.
Please check our website for more detailed information: https://exante.eu/markets/
Can I buy bonds and use them as a collateral for trading?
Yes, you can trade bonds with EXANTE and use them as a collateral. See more information on trading fees on our website https://exante.eu/markets/Bonds/ and contact EXANTE at firstname.lastname@example.org for more information on haircuts.
Can I short a stock and how much does it cost?
Short selling is available for liquid stocks with either a predefined limit or utilising a daily locate procedure. Limits and rates depend on the stock, clients' trading strategy and current market conditions.
Default rate currently is 12% for easy-to-borrow stocks for all clients, albeit this can change depending on market situation. In order to open position in a hard-to-borrow stock, client needs to contact email@example.com for a rate and availability.
Can I trade stocks in pre-market and aftermarket?
Generally yes, but it depends on instrument and stock exchange. Please note that liquidity can be very low during these hours and orders can be filled at unattractive prices.
Can I participate in IPO (Initial public offering)?
Generally yes, but it depends on instrument and stock exchange. Minimum volume for participating in IPO is 100,000 euros (or equivalent in other currencies).