Equities and Funds
Stocks and ETFs
Internaxx offers special Frequent Trader rates to clients who trade stocks at least 30 times per calendar year. Clients receive Frequent Trader rates by the end of the month following their 30th non-discounted stock trade, as well as a rebate for the value corresponding to the difference between Standard and Frequent Trader rates.
|
Standard Rates |
Frequent Trader Rates |
|
US, Canada Europe |
Asia- Pacific |
US, Canada UK |
Continental Europe |
Asia- Pacific |
| Trade < € 5,000 |
€ 28 |
€ 45 |
€ 19.6 |
€ 22.4 |
€ 38 |
| € 5,001 - 10,000 |
€ 35 |
€ 55 |
€ 24.5 |
€ 28 |
€ 48 |
| € 10,001 - 25,000 |
€ 45 |
€ 70 |
€ 31.5 |
€ 36 |
€ 58 |
| € 25,001 - 50,000 |
€ 90 |
€ 90 |
€ 63 |
€ 72 |
€ 78 |
| € 50,001 - 100,000 |
€ 180 |
€ 180 |
€ 126 |
€ 144 |
€ 155 |
| € 100,001 - 250,000 |
€ 250 |
€ 250 |
€ 175 |
€ 200 |
€ 215 |
| € 250,001+ |
0.1% |
0.1% |
0.07% |
0.08% |
0.085% |
Additional Call Center charge per trade |
€ 20 |
€ 20 |
€ 14 |
€ 16 |
€ 16 |
Minimum commission for Milan Stock Exchange: € 28
Additional fees levied by the exchanges will be charged directly and added to the Internaxx commission (UK: 0.5%, Ireland: 1%, Hong-Kong: 0.109%, Singapore: 0.0575% with max. SGD 200).
Commissions will be debited at the prevailing foreign exchange rate from the sub-account in which the customer settles the trade.
Investment Funds
| Fees and Commissions |
|
| Entry fees |
0% |
| Redemption fees |
0% |
| Trading commissions |
free |
| Additional Call Centre charge |
none |
Early redemption fees of € 50 will apply for investment fund positions held for less than 12 months.
Minimum investment per trade: € 2,000 or equivalent for equity, balanced and bond funds; € 10,000 or equivalent for monetary funds.
For EU-tax residents (excluding Luxembourg residents), a withholding tax will be deducted from interest earned on fixed income funds and investment funds impacted by the EU tax savings directive.
Internaxx may receive trailer fees from asset managers (up to 1% of assets under management)
Securities Custody
|
Standard Rates |
Frequent Trader Rates |
| Fee per quarter, on securities holdings |
0.05% |
0.00% |
| Minimum, per quarter |
€ 15 |
€ 0 |
| Maximum, per quarter |
€ 150 |
€ 0 |
Clients who qualify for "Frequent Trader" rates will be waived custody fees, effective from the quarter following their qualification.
Fees are calculated on assets held in custody at the end of the quarter, and debited from your account at the beginning of the next quarter. The basis for the calculation of the custody charges is the market value of stocks and the net asset value of the mutual funds and unit trusts.
The custody fee will be debited from the cash management account in your reference currency.
EU residents will be subject to a VAT tax of 12%.