How much will I be charged when investing in US stocks?
Below are the charges which will be charged:
- Account Opening and Maintenance Charges: 0
- Third Party Charges:
- Brokerage (on buy and sell trades) 0.50% of the trade value (minimum $1 per trade)
- One Time Account Setup: $5 (for processing of Form W-8BEN to prevent double taxation)
- Outward Bank Transfer: 0 from Stockal; your bank could charge a fees
- Withdrawal (wire chargers) to your local account: $10 (charged by the US bank)