€0
account opening
No monthly account fee for active clients.
€0
SEPA withdrawal
Same-name bank account only.
0.50%
FX markup
Shown before each conversion.
€2
EU ETF minimum
For eligible European exchange trades.
Commissions
| Product | Commission | Minimum |
|---|---|---|
| US stocks & ETFs | $0.02 per share | $1.20 |
| EU stocks & ETFs | 0.02% of trade volume | €2.00 |
| Bonds | 0.20% of face value | €15 |
| US options | $0.65 per contract | $1.20 |
FX conversion
0.50% above the interbank mid-rate. EUR funding stays in EUR — only the leg crossing into a non-EUR market triggers a conversion.
Custody & account
€0 custody, €0 account opening, €0 withdrawal to a same-name SEPA account. €10/month inactivity fee applies after 180 days with zero trades.
Sample trade
Buying €5,000 of an iShares MSCI World ETF on Xetra: €2.00 commission, €0 FX (EUR pair), €0 custody. All-in cost: 0.04%.
Small monthly investor
A €250 recurring ETF purchase on Xetra pays the €2 minimum, best suited to quarterly batching.
Active equity client
A $12,000 US stock order with 120 shares pays $2.40 commission plus any exchange or regulatory fees.