Trading Fees

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Updated on October 3, 2019












N.B: Flat commission executions are not counted in the degressive commission calculations.
(1) MTA, SEDEX, traded funds, MOT and EuroTLX: double commissions for trade executions € 500,000.
(2) Applied after the 2.5 million of brokered trade since account opening

Some of these services can be unavailable for U.S. persons.

Account Conditions

Directa does not apply account management costs; no fees are charged for cancelled or not executed order, or for withdrawals; no interests are paid on liquid assets (on the account).


Entry fee
0
Interest on liquid assets
0
Cancelled or Not Executed orders
0
Account Keeping Fees
0
Account Closing Fees
0
Withdrawals
0
Taxes, Transactions Taxes (e.g. Tobin Tax, Stamp Duty)
as set forth by the current legislation

Trade Reports Delivery Costs
Online
0
Postal Shipping
- After each trade: € € 2.50 per note
- Monthly: € € 0.50 per note
- Upon request: € € 0.10 per note + € € 10 (delivery charges)
Account Statement Delivery Charges
Online
0
Postal Shipping
- Monthly: € € 10 (annual € € 120)
- Quarterly: € € 10 (annual € € 40)
- Yearly: € € 10
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

Additional Services

Dynamic Margin:
Possibility of buying and selling securities by utilizing the financial leverage.

Security lending for short overnight:
Automatic
interest rates as defined in the table table
Manual
interest rates as defined in the table table + 0.01% of the trade value at the opening of the loan.
Long overnight funding
"'Marginal lending facility"' rate + Directa's additional percentage(see the table)
Trading Platforms Usage Fees:
Base
Free
dLite
Free
optionRuler
Free
Darwin
Free
Order Monitor
Free
Mobile Trading (touchTrader)
Free
Traderlink Visual Trader (VT)
Free
SMS Alert
€ 25 for 100 credits
€ 100 for 400 credits

SMS on login
€ 0.15 each, charged at the end of the month
SMS on trade execution
€ 0.15 each, charged at the end of the month

Market Access Fees (monthly):
MTA, MTF and SEDEX
0
MOT and EUROTLX
€ 30 reduced or zeroed based on level of trading activity
IDEM and AGREX
0
NYSE and NASDAQ
0
AMEX and OTC USA
0
CME
0
EUREX
0
XETRA
0
LIFFE
0
BATS Chi-X Europe
0
Forex
0

Realtime Market Data Fees (Non Professional Users):
MTA, MTF, SEDEX and MOT
0
EUROTLX
0
IDEM
0
NYSE and NASDAQ
0
AMEX and OTC USA
not available
CME
$ 15/month
EUREX
€ 12/month
XETRA
€ 1 /month Indices Only
€ 21 /month Stocks and Indices

LIFFE (CAC40 Future only)
0
LIFFE (commodities only)
€ 24/month
BATS Chi-X Europe
0
Forex
0

Market Data and Timetable

  • Note: to receive the market data , professional users should contact Directa for information.