Fees

Transaction Fees

US Transaction charges

Trades up to $100 $1

Above $100 but under $1,000 1.4%

Above $1,000 but under $10,000 1.2%

Above to $10,000 0.9%

NG Transaction charges

Buy transaction

Brokerage fees 1.00%

Stamp duty, CSCS & NSE charges 0.375%

VAT on charges 7.5%

CSCS Trade alert ₦4.2

Example - buy transaction

If you buy shares worth ₦10,000 the total charge will be ₦152.01. Here’s the breakdown.

Brokerage fees ₦100

Stamp duty, CSCS & NSE charges ₦37.5

VAT on charges ₦10.31

CSCS Trade alert ₦4.2

sell transaction

Brokerage fees 1.00%

Stamp duty & SEC charges 0.675%

VAT on charges 7.5%

CSCS Trade alert ₦4.2

Example - sell transaction

If you sell shares worth ₦10,000 the total charge will be ₦184.26. Here’s the breakdown.

Brokerage fees ₦100

Stamp duty, CSCS & NSE charges ₦67.5

VAT on charges ₦12.56

CSCS Trade alert ₦4.2

bank deposits

There is a processing fee at rate of 1.25%, capped at ₦300.

Examples - bank deposits

For ₦5,000, processing fee will be ₦62.5

For ₦24,000 or more it will be ₦300

Naira card deposits

1.5% + ₦100

₦100 fee waived for transactions under ₦2500. Transactions fees are capped at ₦2,000.