Hey bunqers 🌈,

At bunq, we aim to make Stock trading as transparent and straightforward as possible. Here's a simple breakdown of how fees are calculated when you buy and sell stocks with Ginmon through the bunq app.

How are 'Organize your Income' and 'Auto Round Up' fees calculated?

Organize Your Income

The fee is designed to ensure you never spend more than the amount you set in the organizer. For example, if you decide to invest €30 in any stock or ETF whenever you receive your salary, we’ll make sure the total amount, including any fees applied, always equals €30. This way, you stay in complete control of your budget.

Auto Round Up

The process is similar — each week, the money you save is invested, and we ensure the total amount you set aside includes the fee this stock or ETF has. This ensures there are no unexpected charges.

For the first three months, there are no fees, so your entire savings go directly toward purchasing Stocks or ETFs. After this period, fees will be included in your total Auto Round Up amount, ensuring full transparency and giving you complete control over your investments.

First 3 months

For your first three months of trading stocks, we charge no fees for buying or selling stocks. This applies up to a limit of €100,000 in completed buy and sell orders.

Note: Trade volume over €100,000 won’t be covered by the 3-month free offer.

After the first 3 Months

Once your first three months are over, a fee of 0.99% is applied per buy and sell order.

bunq Pro users

If you're a bunq Pro user, you enjoy a 20% discount on fees when buying or selling stocks. This means your total fee is 0.79%, with 0.21% going to Ginmon and 0.58% going to bunq.

bunq Elite users

As a bunq Elite user, you benefit from a 50% discount on fees when buying or selling stocks. In this case, your total fee is 0.49%, with 0.15% going to Ginmon and 0.34% going to bunq.

What is Financial Transaction Tax (FTT)?

The Financial Transaction Tax (FTT) is a government-mandated tax applied to certain French, Italian, and Spanish stocks. If you purchase qualifying stocks from these countries, you’ll need to pay the tax, regardless of where you live. The FTT will be displayed in the app before you complete a purchase and will be added to the purchase price. The applicable rates are: - 🇮🇹 Italian stocks - 0.1% - 🇪🇸 Spanish stocks - 0.2% - 🇫🇷 French stocks - 0.3%

More details about the Financial Transaction Tax can be found here.