Hey bunqers 🌈,
Our Stocks FAQ guide is designed to tackle the most common questions about the Stocks Tab, giving you a clearer picture and a confidence boost as you kickstart your investment journey.
Which financial products can I invest in?
You can invest in a wide range of carefully selected financial products. This includes stocks and Exchange-Traded Funds (ETFs). More details can be found here.
Which account will be used for my trades and fees?
Trades and fees will be deducted from the Bank Account you use to buy/sell your stocks. You can always change the preferred Bank Account by following these steps:
Go to 📈 Stocks
Tap on the Stock you want to buy/sell
Tap on Buy/Sell
Indicate the amount you want to buy/sell
Tap on the Bank Account right above the Buy/Sell button and change the Bank Account
Weekly portfolio
Every Monday, you'll get a push notification with your weekly portfolio update. Tap to see how your portfolio performed in the last week. You can find all past portfolio updates in 📈Stocks tab under Portfolio. Your update includes a report of your deposits, AutoSave contributions, portfolio growth, and dividends - everything you need at a glance!
How can I stop sharing Stocks purchases with friends?
By default, your Stocks purchases are visible to your friends and vice versa. However, we value your freedom of choice so you can disable this at any time. Here’s how you can do it:
Go to the 📈 Stocks tab
Tap on ⚙️ Settings
Disable the “Stocks Bought by Friends” toggle
How do I receive dividends?
If you own a stock or ETF that gives out dividends, these will be automatically deposited into the Bank Account you've selected. If you want to change it, follow these steps:
Go to 📈 Stocks
Tap on ⚙️Settings
Tap on Paid to under Dividends
Change with a preferred Bank Account
Why can’t I buy or sell a specific stock or ETF?
During periods of significant market volatility or when certain announcements greatly impact the price of one or more stocks, the Exchange Supervisory Authority has the power to stop the ability to trade certain stocks.It can also be the case that a stock has ongoing corporate actions that means it needs to halt trading.
What is the “Annual Cost” I see on an ETF?
The "Annual Cost" you see associated with an Exchange Traded Fund (ETF) is also referred to as the Total Expense Ratio (TER). It’s a fee that the provider of an Exchange Traded Fund (ETF) charges for managing the ETF portfolio. You don't need to pay this fee and worry about setting funds aside for this fee. Instead, it's automatically deducted by the ETF provider. It's important to note that the Annual Cost can impact the overall returns on your investment.
How does tax payment work?
You’ll receive a tax statement at the beginning of the following year. This statement includes the capital gains you earned, which need to be declared in your tax return.
Keep in mind that most of the French, Italian and Spanish stocks have a government-mandated tax applied. The Financial Transaction Tax (FTT) tax will be deducted every time you buy these stocks. You will see it in the app before you confirm a purchase. More details on the FTT tax can be found here.
Note: Please be aware that both bunq and Ginmon don’t hold responsibility for the submission of your tax return. This is a task that you must undertake yourself, adhering to the deadlines set by your country of residence. Further information can be found here.
Stocks tax payment by country
Germany:
Vorabpauschale: A pre-determined tax on investment income, applied annually. Ensures a minimum tax is paid even if no actual income is earned.
Capital gains tax: 25% flat rate, plus a solidarity surcharge and church tax (if applicable).
You can learn more about Capital gains tax and Vorabpauschale here.
Netherlands:
Box 3 tax: Investment income, including capital gains from stocks, is taxed under Box 3. Instead of actual income, taxation is based on a deemed return on asset value. The deemed return is taxed at 31% (as of 2024).
France:
Financial Transaction Tax (FTT): A 0.3% tax on the purchase of certain French stocks.
Capital Gains Tax: A flat 30% tax, which includes both income tax and social contributions.
Italy:
Financial Transaction Tax (FTT):: 0.1% tax on stock purchases on regulated markets, 0.2% for over-the-counter trades.
Capital Gains Tax: 26% flat rate on stock sale profits.
Spain:
Financial Transaction Tax (FTT): 0.2% tax on the purchase of certain Spanish stocks.
Capital Gains Tax: Taxed at progressive rates, starting at 19% and rising to 23%, depending on the gain amount.
Belgium:
Stock Exchange Tax (TOB): 0.35% tax on stock purchases and sales.
Capital Gains Tax: Generally not taxed for individual investors, unless trades are considered speculative or professional.
Ireland:
Deposit Interest Retention Tax (DIRT): 33% tax on interest earned from deposits, including stock dividends.
Capital Gains Tax: 33% flat rate on profits from stock sales.
Are my investments secured?
Your investments are securely stored in a separate securities account managed by Upvest Securities, a custodian regulated by the German Federal Financial Supervisory Authority.
This separate account ensures that your investments are legally safeguarded and kept distinct from the bank's own assets. This means that even in the unlikely event of the bank facing financial challenges or insolvency, your investments remain secure and unaffected. This setup provides a high level of protection for your investments.
Why didn’t I get an instant payout from my Stocks sale?
We strive to make life easy for you by making everything instant, including your Stock sales!
It typically takes 2 business days for the Stock Market to process and finalize your Stock sale. To ensure that you get your payout instantly, we forward your money to you - up to €250,000 - even before the sale is completely processed by the Stock Market.
If your stock sale exceeds €250,000, the amount will be paid out automatically once the stock market processes your sale. This should take up to 2 business days, which is why your payout might not be instant for larger transactions.
Good to know
bunq doesn't give trading advice.
Manage stocks at your own risk.
bunq Stocks is managed through our trading partner Ginmon.
Hey bunqers 🌈,
Our Stocks FAQ guide is designed to tackle the most common questions about the Stocks Tab, giving you a clearer picture and a confidence boost as you kickstart your investment journey.
Which financial products can I invest in?
You can invest in a wide range of carefully selected financial products. This includes stocks and Exchange-Traded Funds (ETFs). More details can be found here.
Which account will be used for my trades and fees?
Trades and fees will be deducted from the Bank Account you use to buy/sell your stocks. You can always change the preferred Bank Account by following these steps:
Go to 📈 Stocks
Tap on the Stock you want to buy/sell
Tap on Buy/Sell
Indicate the amount you want to buy/sell
Tap on the Bank Account right above the Buy/Sell button and change the Bank Account
Weekly portfolio
Every Monday, you'll get a push notification with your weekly portfolio update. Tap to see how your portfolio performed in the last week. You can find all past portfolio updates in 📈Stocks tab under Portfolio. Your update includes a report of your deposits, AutoSave contributions, portfolio growth, and dividends - everything you need at a glance!
How can I stop sharing Stocks purchases with friends?
By default, your Stocks purchases are visible to your friends and vice versa. However, we value your freedom of choice so you can disable this at any time. Here’s how you can do it:
Go to the 📈 Stocks tab
Tap on ⚙️ Settings
Disable the “Stocks Bought by Friends” toggle
How do I receive dividends?
If you own a stock or ETF that gives out dividends, these will be automatically deposited into the Bank Account you've selected. If you want to change it, follow these steps:
Go to 📈 Stocks
Tap on ⚙️Settings
Tap on Paid to under Dividends
Change with a preferred Bank Account
Why can’t I buy or sell a specific stock or ETF?
During periods of significant market volatility or when certain announcements greatly impact the price of one or more stocks, the Exchange Supervisory Authority has the power to stop the ability to trade certain stocks.It can also be the case that a stock has ongoing corporate actions that means it needs to halt trading.
What is the “Annual Cost” I see on an ETF?
The "Annual Cost" you see associated with an Exchange Traded Fund (ETF) is also referred to as the Total Expense Ratio (TER). It’s a fee that the provider of an Exchange Traded Fund (ETF) charges for managing the ETF portfolio. You don't need to pay this fee and worry about setting funds aside for this fee. Instead, it's automatically deducted by the ETF provider. It's important to note that the Annual Cost can impact the overall returns on your investment.
How does tax payment work?
You’ll receive a tax statement at the beginning of the following year. This statement includes the capital gains you earned, which need to be declared in your tax return.
Keep in mind that most of the French, Italian and Spanish stocks have a government-mandated tax applied. The Financial Transaction Tax (FTT) tax will be deducted every time you buy these stocks. You will see it in the app before you confirm a purchase. More details on the FTT tax can be found here.
Note: Please be aware that both bunq and Ginmon don’t hold responsibility for the submission of your tax return. This is a task that you must undertake yourself, adhering to the deadlines set by your country of residence. Further information can be found here.
Stocks tax payment by country
Germany:
Vorabpauschale: A pre-determined tax on investment income, applied annually. Ensures a minimum tax is paid even if no actual income is earned.
Capital gains tax: 25% flat rate, plus a solidarity surcharge and church tax (if applicable).
You can learn more about Capital gains tax and Vorabpauschale here.
Netherlands:
Box 3 tax: Investment income, including capital gains from stocks, is taxed under Box 3. Instead of actual income, taxation is based on a deemed return on asset value. The deemed return is taxed at 31% (as of 2024).
France:
Financial Transaction Tax (FTT): A 0.3% tax on the purchase of certain French stocks.
Capital Gains Tax: A flat 30% tax, which includes both income tax and social contributions.
Italy:
Financial Transaction Tax (FTT):: 0.1% tax on stock purchases on regulated markets, 0.2% for over-the-counter trades.
Capital Gains Tax: 26% flat rate on stock sale profits.
Spain:
Financial Transaction Tax (FTT): 0.2% tax on the purchase of certain Spanish stocks.
Capital Gains Tax: Taxed at progressive rates, starting at 19% and rising to 23%, depending on the gain amount.
Belgium:
Stock Exchange Tax (TOB): 0.35% tax on stock purchases and sales.
Capital Gains Tax: Generally not taxed for individual investors, unless trades are considered speculative or professional.
Ireland:
Deposit Interest Retention Tax (DIRT): 33% tax on interest earned from deposits, including stock dividends.
Capital Gains Tax: 33% flat rate on profits from stock sales.
Are my investments secured?
Your investments are securely stored in a separate securities account managed by Upvest Securities, a custodian regulated by the German Federal Financial Supervisory Authority.
This separate account ensures that your investments are legally safeguarded and kept distinct from the bank's own assets. This means that even in the unlikely event of the bank facing financial challenges or insolvency, your investments remain secure and unaffected. This setup provides a high level of protection for your investments.
Why didn’t I get an instant payout from my Stocks sale?
We strive to make life easy for you by making everything instant, including your Stock sales!
It typically takes 2 business days for the Stock Market to process and finalize your Stock sale. To ensure that you get your payout instantly, we forward your money to you - up to €250,000 - even before the sale is completely processed by the Stock Market.
If your stock sale exceeds €250,000, the amount will be paid out automatically once the stock market processes your sale. This should take up to 2 business days, which is why your payout might not be instant for larger transactions.
Good to know
bunq doesn't give trading advice.
Manage stocks at your own risk.
bunq Stocks is managed through our trading partner Ginmon.
Hey bunqers 🌈,
Our Stocks FAQ guide is designed to tackle the most common questions about the Stocks Tab, giving you a clearer picture and a confidence boost as you kickstart your investment journey.
Which financial products can I invest in?
You can invest in a wide range of carefully selected financial products. This includes stocks and Exchange-Traded Funds (ETFs). More details can be found here.
Which account will be used for my trades and fees?
Trades and fees will be deducted from the Bank Account you use to buy/sell your stocks. You can always change the preferred Bank Account by following these steps:
Go to 📈 Stocks
Tap on the Stock you want to buy/sell
Tap on Buy/Sell
Indicate the amount you want to buy/sell
Tap on the Bank Account right above the Buy/Sell button and change the Bank Account
Weekly portfolio
Every Monday, you'll get a push notification with your weekly portfolio update. Tap to see how your portfolio performed in the last week. You can find all past portfolio updates in 📈Stocks tab under Portfolio. Your update includes a report of your deposits, AutoSave contributions, portfolio growth, and dividends - everything you need at a glance!
How can I stop sharing Stocks purchases with friends?
By default, your Stocks purchases are visible to your friends and vice versa. However, we value your freedom of choice so you can disable this at any time. Here’s how you can do it:
Go to the 📈 Stocks tab
Tap on ⚙️ Settings
Disable the “Stocks Bought by Friends” toggle
How do I receive dividends?
If you own a stock or ETF that gives out dividends, these will be automatically deposited into the Bank Account you've selected. If you want to change it, follow these steps:
Go to 📈 Stocks
Tap on ⚙️Settings
Tap on Paid to under Dividends
Change with a preferred Bank Account
Why can’t I buy or sell a specific stock or ETF?
During periods of significant market volatility or when certain announcements greatly impact the price of one or more stocks, the Exchange Supervisory Authority has the power to stop the ability to trade certain stocks.It can also be the case that a stock has ongoing corporate actions that means it needs to halt trading.
What is the “Annual Cost” I see on an ETF?
The "Annual Cost" you see associated with an Exchange Traded Fund (ETF) is also referred to as the Total Expense Ratio (TER). It’s a fee that the provider of an Exchange Traded Fund (ETF) charges for managing the ETF portfolio. You don't need to pay this fee and worry about setting funds aside for this fee. Instead, it's automatically deducted by the ETF provider. It's important to note that the Annual Cost can impact the overall returns on your investment.
How does tax payment work?
You’ll receive a tax statement at the beginning of the following year. This statement includes the capital gains you earned, which need to be declared in your tax return.
Keep in mind that most of the French, Italian and Spanish stocks have a government-mandated tax applied. The Financial Transaction Tax (FTT) tax will be deducted every time you buy these stocks. You will see it in the app before you confirm a purchase. More details on the FTT tax can be found here.
Note: Please be aware that both bunq and Ginmon don’t hold responsibility for the submission of your tax return. This is a task that you must undertake yourself, adhering to the deadlines set by your country of residence. Further information can be found here.
Stocks tax payment by country
Germany:
Vorabpauschale: A pre-determined tax on investment income, applied annually. Ensures a minimum tax is paid even if no actual income is earned.
Capital gains tax: 25% flat rate, plus a solidarity surcharge and church tax (if applicable).
You can learn more about Capital gains tax and Vorabpauschale here.
Netherlands:
Box 3 tax: Investment income, including capital gains from stocks, is taxed under Box 3. Instead of actual income, taxation is based on a deemed return on asset value. The deemed return is taxed at 31% (as of 2024).
France:
Financial Transaction Tax (FTT): A 0.3% tax on the purchase of certain French stocks.
Capital Gains Tax: A flat 30% tax, which includes both income tax and social contributions.
Italy:
Financial Transaction Tax (FTT):: 0.1% tax on stock purchases on regulated markets, 0.2% for over-the-counter trades.
Capital Gains Tax: 26% flat rate on stock sale profits.
Spain:
Financial Transaction Tax (FTT): 0.2% tax on the purchase of certain Spanish stocks.
Capital Gains Tax: Taxed at progressive rates, starting at 19% and rising to 23%, depending on the gain amount.
Belgium:
Stock Exchange Tax (TOB): 0.35% tax on stock purchases and sales.
Capital Gains Tax: Generally not taxed for individual investors, unless trades are considered speculative or professional.
Ireland:
Deposit Interest Retention Tax (DIRT): 33% tax on interest earned from deposits, including stock dividends.
Capital Gains Tax: 33% flat rate on profits from stock sales.
Are my investments secured?
Your investments are securely stored in a separate securities account managed by Upvest Securities, a custodian regulated by the German Federal Financial Supervisory Authority.
This separate account ensures that your investments are legally safeguarded and kept distinct from the bank's own assets. This means that even in the unlikely event of the bank facing financial challenges or insolvency, your investments remain secure and unaffected. This setup provides a high level of protection for your investments.
Why didn’t I get an instant payout from my Stocks sale?
We strive to make life easy for you by making everything instant, including your Stock sales!
It typically takes 2 business days for the Stock Market to process and finalize your Stock sale. To ensure that you get your payout instantly, we forward your money to you - up to €250,000 - even before the sale is completely processed by the Stock Market.
If your stock sale exceeds €250,000, the amount will be paid out automatically once the stock market processes your sale. This should take up to 2 business days, which is why your payout might not be instant for larger transactions.
Good to know
bunq doesn't give trading advice.
Manage stocks at your own risk.
bunq Stocks is managed through our trading partner Ginmon.