What Are Brokerage Fees?

In general, brokerage fees are fees the broker charges you to hold and manage your investments. These fees might include annual fees, fees for researching investment data, and inactivity fees if you aren’t trading regularly. It’s important you are aware of the different types of brokerage fees, as well as the types of brokers available to manage your investments. Be aware of hidden fees these will cost you a fortune (bid-spread widening, holding fees, option execution fees, etc), we will disscuss them in a seperate blog post.

Full-Service Broker

Full-service brokers are paid commissions based on transactions. The average fee per transaction at a full-service broker is $150. This is much lower than in the past but still much higher than discount brokers where on average a transaction costs approximately $10.

At a full-service broker, you are paying a premium for research, education, and advice. But it’s important to remember that full-service brokers are also salespeople.

There are also full-service brokers that charge an annual fee between 1% and 1.5% of total assets managed for a client, so will eschew per-trade charges. If you don’t feel comfortable researching and making your own trades, this is a good option to consider. These brokers will also have an incentive to perform well because if your portfolio performs assets under management increase, meaning they make more for managing them. If you’re interested in the full-service broker, please contact clientservices@rwibrokers.com

Discount brokers generally do not offer investment advice. Trading fees for online discount brokers range anywhere from $7.5 to $20, but most are between $10 and $15. These rates are subject to change.

Most investors don’t bother reading Securities and Exchange Commission (SEC) filings, but SEC filings are available to the public and the information within them is like taking an open book test. The answers are provided for you. Unlike press releases, a public company must state the facts in its SEC filings. This makes it relatively easy to research stocks.

Also, pay close attention to industry trends. If fast-casual food chains that offer natural and organic food are in, go with the trend, not against it. Do your research to determine the best of the breed. And you don’t even need to dive that deep. As a general rule, if the broader market is hot, revenue growth will be the key factor driving stock price appreciation. Investors and traders love revenue growth in bull market environments. If the broader market is cold, net income growth and a strong balance sheet will be the keys to success. Investors and traders like to run to safety for dividends and share buybacks in these environments.

The Bottom Line

If you’re impulsive and/or not willing to do your homework, then you should consider a full-service broker. Otherwise, a discount broker, which allows you to execute trades but does not offer investment advice, is a better option.

Fees RWIBrokers.com


Currency/ExchangeMinMax*% of trade valueExchange, Regulatory & Clearing Fees
AUD (%)20-0.3x
CAD (shares)101.5%0.02 dollar/share-
CHF (%)30-0.3x
CNH (%)100-0.3x
EUR (%)2.25-0.08-
GBP (%)10-0.2x
HKD (%)50-0.3x
HUF (%)3000-0.3x
JPY (%)1000-0.3x
MXN (%)160-0.6x
NOK (%)100-0.3x
PLN (%)45-0.3x
SEK (%)80-0.3x
SGD (%)20-0.3x
USD (shares)7.501.5%0.015 dollar/share -


CFD on Stocks

Currency/ExchangeMinMax*% of trade valueExchange, Regulatory & Clearing Fees
AUD (%)20-0.15x
BRL (%)120-0.3x
CHF (%)30-0.15x
CZK (%)250-0.3x
DKK (%)80-0.15x
EUR (%)10600.1-
GBP (%)10-0.1x
HKD (%)50-0.15x
JPY (%)1000-0.1x
NOK (%)100-0.15x
SEK (%)80-0.15x
USD (shares)7.501%0.015 dollar/share -
ZAR (%)150-0.3x



Currency/ExchangeMinper optionExchange, Regulatory & Clearing Fees
AUD (Contracts)1010x
CAD (Contracts)55-
CHF (Contracts)1010x
EUR (Contracts)3.53.5-
GBP (Contracts)77x
HKD (Contracts)120120x
JPY (Contracts)25003000x
KRW (%)40000.05x
NOK (Contracts)4040x
SEK (%)800.05x
USD (Contracts)3.53.5-



Currency/ExchangeMinper futureExchange, Regulatory & Clearing Fees
AUD (Contracts)1010x
CAD (Contracts)88-
CHF (Contracts)1010x
EUR (Contracts)66-
GBP (Contracts)77x
HKD (Contracts)120120x
JPY (Contracts)25002500x
KRW (Contracts)1000010000x
MXN (Contracts)140140x
NOK (Contracts)5050x
SEK (Contracts)100100x
SGD (Contracts)88x
USD (Contracts)66-



Currency/ExchangeMin% of trade value
AUD (%)100.006
CAD (%)100.006
CHF (%)100.006
CNH (%)500.006
CZK (%)1500.006
DKK (%)400.006
EUR (%)50.006
GBP (%)50.006
HKD (%)500.006
HUF (%)20000.006
ILS (%)250.006
JPY (%)7500.006
MXN (%)1200.006
NOK (%)500.006
NZD (%)100.006
PLN (%)250.006
RUB (%)4000.006
SEK (%)1000.006
SGD (%)100.006
USD (%)60.006
ZAR (%)1000.006


CFD on Forex

Currency/ExchangeMin in USD% of trade value in USD
AUD (%)30.005
CAD (%)30.005
CHF (%)30.005
CNH (%)30.005
CZK (%)30.005
DKK (%)30.005
EUR (%)30.005
GBP (%)30.005
HKD (%)30.005
HUF (%)30.005
ILS (%)30.005
JPY (%)30.005
MXN (%)30.005
NOK (%)30.005
NZD (%)30.005
PLN (%)30.005
RUB (%)30.005
SEK (%)30.005
SGD (%)30.005
USD (%)30.005
ZAR (%)30.005



Currency/ExchangeMinMax*% of trade valueExchange, Regulatory & Clearing Fees
AUD (%)20-0.3x
EUR (%)10600.2-
HKD (%)50-0.3x
EUR (%)10600.2-
USD (%)10-0.2-



Currency/ExchangeMin% of trade valueExchange, Regulatory & Clearing Fees
USD (%)100.15x


Mutual Funds

Currency/ExchangeTicket ChargeMinAbsolute Markup% of trade valueExchange, Regulatory & Clearing Fees
EUR (%)-10-0.15-
Global (Transaction)15-0--
USD (Transaction)10-0--



Currency/ExchangeMinMax% of trade valueExchange, Regulatory & Clearing Fees
EUR (%)10600.1-
HKD (%)100-0.2x
USD (% of Face Value)10-0.015-


Other fees

Withdrawals to your bankaccount

The first chargeback in a calendar month is free. For each subsequent reversal the rates apply in the following table:

Currency Methode Tarief
EUR SEPA EUR 1,00 per withdrawal
EUR WIRE EUR 8,00 per withdrawal
USD WIRE USD 10,00 per withdrawal

The above costs do not relate to any costs charged by third parties. The account holder is solely responsible for any additional costs charged by the beneficiary or corresponding bank. In addition, processing costs charged by your bank or its corresponding bank, which are not included in RWIBrokers.com's chargeback costs, can be deducted from the refundable amount.

For more information about the chargeback costs of the other currencies, please send an e-mail to clientservices@rwibrokers.com

Cancel / Adjust costs

Type cost Costs per order Execution credit
Cancel/Adjust optionorder US USD 0,01 USD 0,005 per contract (max. USD 0,01 of USD 0,035 per order)
Cancel/Adjust option- or futureorder on Eurex EUR 0,50 EUR 2,50 per execution same product same dag
Cancel/Adjust Direct Routed Order naar TGATE EUR 0,50 EUR 2,50 per execution same product same day
Cancel/Adjust orders other exchanges Free No fees

Partial Executions

If an order concerns partial execution over several trading days, a commission will be charged for each trading day. This is also the case if after a partial execution, the remaining order is adjusted. This is seen as a new order whereby transaction costs are again charged.

Inactivity Fees

If the value of your trading account is less than USD 1,000 (or equivalent in another currency) and you have paid commission less than USD 1 (or equivalent in another currency) in a given calendar month, inactivity costs will be charged. . The amount of this inactivity costs is calculated as follows: Inactivity costs = USD 1 - commission paid in calendar month

Exposure Fee

RWIBrokers.com charges a daily exposure fee for a small minority of accounts that have a very high worst-case loss risk. This is to protect RWIBrokers.com and its clients against accounts that hold high-risk positions that currently meet the margin requirements of the stock exchange, but can nonetheless still achieve excessive losses in the event of a significant market movement.

Implicit Transaction Costs

In addition to explicit transaction costs which EasyBroker charges, there are also implicit transaction costs. These costs are based on the bid / offer spread. At the moment you send an order to the stock exchange, there is a so-called price of arrival, the mid-price. If your order is executed for a higher or lower price than the mid-price, then the implicit costs are the difference between the mid-price and the execution price. These costs are implicit because they are not visible on the order confirmation and are not charged by RWIBrokers.com itself. The bid and offer prices are realized by buyers and bidders on the market and are beyond the control of EasyBroker.

Exchange, Regulatory & Clearing Fees

Where in the rate overviews is ticked by means of a cross that there is Exchange, Regulatory & Clearing Fees, RWIBrokers.com charges these costs to its customers in addition to the transaction costs of RWIBrokers.com. An overview of these costs can be found here.