3/30/2023 0 Comments Comdirect outbankIt is not transparent who, from which countries, can open an account at Comdirect. After that, Comdirect charges a €1.95 monthly fee unless you meet at least one of the following conditions: There is no inactivity fee for the first 3 years after opening an account. It charges no account, deposit or withdrawal fees. Non-trading feesĬomdirect has low non-trading fees. The commission for trading on this stock exchange is 0.25% of the trade value, plus a €7.90 flat fee, with a minimum of €12.90 and a maximum charge of €62.90. The ETNs are listed on the Stockholm stock exchange. Crypto feesĪt Comdirect you can buy cryptos through ETNs (exchange-traded notes). If you want to understand what a crypto ETN is, check out our crypto blogpost. Just like in the case of options, each future index or ETF contract costs €4.5, and there is a minimum charge of €19.Ī futures stock contract costs €2.50, with a €19 minimum. Futures feesĬomdirect stock index futures commission of 10 contracts Comdirect stock index options commission of 10 contractsĮach index option contract costs €4.5, with a minimum charge of €19 per trade. Bond fees at Comdirect MarketĬomdirect's options fees are high. When trading bonds, fees may vary depending on the exchange, just as with stocks. Comdirect commission of a $10,000 government bond trade Comdirect commission for a $2,000 fund purchaseĬomdirect has average bond fees. There are some discount funds which you can buy free of charge. Comdirect forex benchmark fee of a $20,000 30:1 long position held for one weekĬomdirect fund fees are high, at between 0–5% of the trade value. We calculated with a 1% average. This catch-all benchmark includes commissions, spreads and financing costs for all brokers. To have a clear picture of forex fees we calculated a forex benchmark fee for major currency pairs. It can account for a significant portion of your trading costs.Ĭomdirect margin rates are average. You have to pay interest on this borrowed money – the interest rate is called the margin rate. Trading on margin basically means that you borrow money from your broker and can purchase more shares than you could with just the available cash in your account. If you prefer stock trading on margin, you should check Comdirect’s margin rates. The fees vary depending on whether the product is traded on a German on non-German exchange, with foreign exchanges carrying a somewhat higher fee. When you trade stocks at Comdirect, the commission is calculated using a base fee plus a volume-based fee. Comdirect stock and ETF commission of a $2,000 trade Stock fees and ETF feesĬomdirect has generally average stock and ETF commission. Comdirect trading feesĬomdirect's trading fees are high, but the fee structure is transparent. To have a clear overview of Comdirect, let's start with the trading fees. See a more detailed rundown of Comdirect alternatives. This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also compared Comdirect's fees with those of two similar brokers we selected, flatex and DEGIRO. For example, in the case of stock investing the most important fees are commissions. In the sections below, you will find the most relevant fees of Comdirect for each asset class. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.These can be commissions, spreads, financing rates and conversion fees. What you need to keep an eye on are trading fees and non-trading fees. We ranked Comdirect's fee levels as low, average or high based on how they compare to those of all reviewed brokers.įirst, let's go over some basic terms related to broker fees. No inactivity fee in the first 3 years after account opening, then €1.95 per month if you don't meet certain criteria The fees are built into the spread, 2 pips is the average spread cost during peak trading hours.Ġ-5% of trade value, charged only for buying
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