TRADES AND FEES

Basic information on exchange-imposed fees:

• Fees are charged only for real trades
• There is no 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 in Instruments on the EXANTE trading platform)
• The withdrawal fee is 30 EUR or an equivalent

How stocks & ETF trade differs across exchanges:

• The maximum rate on the main US exchanges is $0.02 per share
• On European exchanges, the fees vary from 0.02% to 0.18%
• 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 0.25% on Hong Kong Exchanges

How  futures and options trade differs across exchanges:

• The main US exchanges charge up to $1.5 USD per instrument
• The exception is futures trading on ICE Intercontinental Exchange where the maximum fee is $2.5 USD 
• Options trading on ICE will entail a charge of up to $1.5 USD per instrument
• Futures trading on the main European Exchanges has a fee of 1.5 EUR per instrument
• DGCX: 2 USD per instrument
• HKEX: 12 HKD per instrument
• OSE: 20 JPY per instrument
• ASX: 1.5 AUD per instrument
• SGX: 2.5 USD per instrument

Important note: Current fee size applicable to your account can be found 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. 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.

Have a look at the overview of EXANTE’s service fees.

A monthly inactivity fee applies to accounts with no trading activity within the latest 181 days, no open positions  and/or a balance under €5,000. Empty accounts with a balance under €100 may be closed after two years of inactivity.

Basic information on service fees:

• Fees are charged only for real trades
• There is no 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 specific values in Instruments on the EXANTE trading platform.)

Having an account with EXANTE is always free - regardless of funds added and instruments used.

Important note: Keep in mind that some charges may arise before the money reaches your EXANTE account. These charges may be applied by an issuing, intermediary and/or beneficiary bank that processes wire transfers. Please contact your bank if you are unclear about transfer costs.

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).

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.

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.

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.

You can always check the rollover and overnight fees that may be applicable to your account in your clients area on exante.eu:

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.

Overnight fees are applicable to short positions and Forex (FX).

They depend on the market conditions and are constantly changing. The most up-to-date overnight fees for short trades and FX can be found in the client's area. All other instruments are not subject to overnight fees.

Live market spreads start at 0.3 pips on the most popular currency pairs‎.

See our webpage for a complete list of spreads: https://exante.eu/markets/Currencies/

Standard EXANTE leverage rate starts from 20% for stocks and 5% for currencies.

Detailed information on leverage rates for any given instrument can be found on EXANTE desktop app.

1. Right-click on the chosen instrument in the list of Instruments
2. Choose 'Instrument Info'

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 support@exante.eu for more information on haircuts.

Short selling is available for liquid instruments that either have a predefined limit or comply with the daily “locate” requirement for sufficient liquidity.

You can see whether an instrument is available for short selling:

• On the EXANTE desktop platform: Click ‘Instruments’ on the top-toolbar > right-click on the chosen instrument > select ‘Instrument Info’
• In the Client’s Area: Click ‘Terms’ on top-toolbar > choose ‘Short Allowance Status’

Trade limit and leverage rates depend on the instrument, clients' trading strategy and current market conditions. The default rate is 12% for easy-to-borrow stocks for all clients, albeit this can change depending on the market situation. 

Important: Need to open a short position for  a hard-to-borrow stock? Please contact support@exante.eu to inquire about  the potential rate and availability.

It is possible to trade stocks in pre-market and aftermarket, but it depends on the particular instrument and the selected stock exchange.

Please note that liquidity can be very low during these hours and orders can be filled at unattractive prices.

If this instrument is traded by an exchange offered in EXANTE, it is possible to take part in an IPO. 

However, it depends on the particular instrument and stock exchange. The minimum trade value for participating in IPO is 100,000 euros (or equivalent in other currencies).