Trading Fees
Account Conditions
last update March, 12th 2024
DIRECTA: ACCOUNT AT ZERO COSTS
ZERO account opening or closing costs, ZERO monthly or annual management fees, ZERO securities custody and administration costs and ZERO liquidity transfer costs charged to the Customer. ZERO fee for the use of proprietary platforms and ZERO fee for access to markets.
ZERO stamp duty on liquidity also for amounts exceeding € 5,000 average per year.
| Account Keeping Fees |
€ 0 |
| Account Closing Fees |
€ 0 |
| Withdrawals |
€ 0 |
| Securities transfer (outgoing) |
€ 0 |
| Stamp duty on liquidity |
€ 0 |
| Stamp duty on Securities |
as set forth by the current legislation |
| Transactions Taxes (e.g. Tobin Tax) |
as set forth by the current legislation |
| Interest on liquid assets |
€ 0 |
Other Expenses
| Certificate of membership in the Sistema Monte Titoli, upon request |
€ 5 each + € 10 Delivery Charges |
| Certificate of dividends payment, upon request |
€ 5 each one |
| Covering margined positions by Directa |
€ 10 each affected security |
| Management fees for Fatca regulatory requirements (applicable only to "US person") |
monthly fee € 20 |
| Management fees for regulatory compliance D.lgs 231/2007 modified in 90/2017 (applicable only to existing customers with account suspended for lack of adequate verification) |
monthly fee € 10 |
| Contract documentation request and specific reporting (including necessary documentation for inheritance purposes) |
€ 25 |
| Special back office operations on demand |
€ 25 |
| Off-market transactions (OTC) with a counterpart internal to Directa |
€ 50 |
| Off-market transactions (OTC) with a counterpart with a counterpart outside Directa |
|
| - trade between 0 - €1 MIO: |
9 bps, minimum € 50 |
| - trade between €1 MIO – €3 MIO: |
7 bps, minimum € 50 |
| - trade between €3 MIO – €5 MIO: |
5 bps, minimum € 50 |
| Transfer of shareholding for physical shares |
€ 80 |
Advanced Tools for your Trading experience
Dynamic Margin:
Possibility of buying and selling securities by utilizing the financial leverage.
| Automatic |
interest rates as defined in the table Marginable Securities and Interest Rates (available on the trading platforms) |
| Manual |
interest rates as defined in the table Marginable Securities and Interest Rates (available on the trading platforms) + 0.01% of the trade value at the opening of the loan. |
Long overnight funding : Marginal Lending Facility Rate + 5%
Administrative Services for US Class Actions
Proposed unilateral amendment of the Agreement
By way of covering the costs of the administrative activity to be carried out in relation to the respective competent American authorities, Directa will retain the 20% of the net amount eventually collected in the event that the practice is successful. In the event that the practice does not produce any income, there will be no cost to the Customer.
Participation in a Class Action occurs upon receipt of a written request from the customer at directa@directa.it and is subject to an assessment of adherence by Directa.
Alert via sms, Telegram sms and e-mail
With the services SMS on trade execution, SMS on login , SMS Alert and email Alert keep your account under control. You can receive notifications for each trade execution, for access to the account and, through the Alerts, on price thresholds you set on securities you're interested in.
| SMS on trade execution |
€ 0.10 each, charged at the end of the month |
| SMS on login |
€ 0.10 each, charged at the end of the month |
| OTP SMS - Sending of temporary code for double authentication |
€ 0.10 each, charged at the end of the month |
| SMS Alert |
€ 10 for 100 credits |
If you activate the service thru Telegram, the cost of the notifications on login and on trade execution are free of charge. The SMS Alerts on price thresholds include sending an informative email.
Realtime Market Data Monthly Fees
| Individual Customer |
Companies and Financial Operators |
|
| BORSA ITALIANA * (all segments) |
€ 0 |
- bid/ask only € 20 - book € 65 |
| EuroTLX * |
€ 2 |
€ 15 |
| NYSE * |
€ 0 |
$ 10 |
| NASDAQ * |
€ 0 |
$ 20 |
| AMEX * |
€ 0 |
$ 10 |
| LMAX CFDs |
€ 0 |
€ 0 |
| CME Forex futures |
€ 0 |
not available |
| CME non-Forex futures |
- bid/ask only $ 3 - book $ 15 |
not available |
| EUREX |
- bid/ask € 7.5 - book (futures only) € 15 |
€ 70 |
| XETRA * |
- ETFs + Crypto ETPs € 0 - Equities bid/ask € 10 - Equities book € 30 |
- ETFs + Crypto ETPs € 15 - Equities bid/ask € 100 - Equities book € 120 |
| OTC USA |
not available |
not available |
| SIX Swiss Exchange |
not available |
not available |
| * Free delayed Borsa Italiana, EuroTLX, XETRA, NYSE, NASDAQ and AMEX quotes available for Companies and Financial Operators |
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