Overview of Brokerpoint fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates Brokerpoint charges.

Brokerpoint commission and other fees
Brokerpoint commission and other trading fees

The good news is that Brokerpoint has low trading fees in general. We ranked the fees of Brokerpoint as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Brokerpoint commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Brokerpoint commission and other trading fees
Brokerpoint CapTrader TradeStation
Stock and ETF Low Low Low
Forex Low High -
Fund Average Average Average
Bond Low Low Low
Options High High Low
Futures High High Low
CFD High High -
Financing rate Low Low -

Now let's go over the trading fees for each asset class one by one.

Brokerpoint stock and ETF commissions, spreads

Brokerpoint stock and ETF commissions are low. Brokerpoint stock and ETF commissions are charged as per the table below.

Brokerpoint stock and ETF commission
Brokerpoint
US stock $0.01 per share for up to 2000 shares; $0.005 per share above that; min. $2
UK stock 0.10% of trade value, min GBP 2
German stock 0.10% of trade value
Indian stock Not available

You can compare Brokerpoint stock and ETF fees with the two closest competitors.

Brokerpoint stock and ETF commission, spreads vs competitors
Brokerpoint CapTrader TradeStation
US stock $2.0 $2.0 $1.0
UK stock $2.8 $11.2 -
German stock $2.7 $4.8 -
Indian stock - - -

Stock and ETF commissions are calculated for a $2,000 trade

Brokerpoint forex commissions and spreads

Brokerpoint forex fees are low. Brokerpoint forex commissions and spreads for individual currency pairs are charged as per the table below.

Brokerpoint forex commissions and spreads
Brokerpoint
EURUSD fee 0.8 pips * order volume
GBPUSD fee 0.8 pips * order volume

Check out how Brokerpoint forex fees compare to its two closest competitors.

Brokerpoint forex fees vs competitors
Brokerpoint CapTrader TradeStation
EURUSD benchmark fee $9.4 $14.2 -
GBPUSD benchmark fee $6.9 $12.1 -
AUDUSD benchmark fee $8.6 $12.1 -
EURCHF benchmark fee $6.7 $11.3 -
EURGBP benchmark fee $10.2 $14.2 -

Forex fees are calculated for a $20,000 trade using 30:1 leverage

Brokerpoint fund commissions

Brokerpoint fund commissions are average. The table below shows how Brokerpoint fund commissions are calculated.

Brokerpoint fund commissions
Brokerpoint
Mutual fund $14.95 per transaction or 3% of trade value, whichever is lower

Check out how Brokerpoint fund fees compare with the competition.

Brokerpoint fund commissions
Brokerpoint CapTrader TradeStation
Mutual fund $15.0 $15.0 $15.0

Fund commissions are calculated for a $2,000 trade

Brokerpoint bond commissions

Brokerpoint bond commissions are low. The table below contains the description of Brokerpoint bond commissions.

Brokerpoint bond commissions
Brokerpoint
US Treasury bond For the first $10,000 face value: 0.002% of trade value with $5 min.
EU government bond Below €50,000 face value: 0.1% of trade value with €2 min

See how Brokerpoint bond fees stack up against the competition.

Brokerpoint bond commissions vs competitors
Brokerpoint CapTrader TradeStation
US Treasury bond $5.0 $5.0 $20.0
EU government bond $10.0 $10.0 -

Bond commissions are calculated for a $10,000 trade

Brokerpoint options commissions

You can see below the description of Brokerpoint options commissions. Brokerpoint options fees are high.

Brokerpoint options commissions
Brokerpoint
US stock index options $2 per contract
US stock options $2 per contract
UK stock index options £3 per contract
German stock index options €1.89 per contract

Compare options commissions charged by Brokerpoint with those of CapTrader and TradeStation.

Brokerpoint options commissions vs competitors
Brokerpoint CapTrader TradeStation
US stock index options $20.0 $35.0 $10.0
US stock options $20.0 $35.0 $10.0
UK stock index options $42.0 $49.0 -
German stock index options $22.7 $24.0 -

Options commissions are calculated for 10 contracts

Brokerpoint futures commissions

You can see below how Brokerpoint futures commissions are charged. Brokerpoint futures fees are high.

Brokerpoint futures commissions
Brokerpoint
US micro e-mini stock index futures $2 per contract
UK stock index futures £3 per contract
German e-mini stock index futures €1.89 per contract

Compare how the futures commissions of Brokerpoint stack up against those of CapTrader and TradeStation.

Brokerpoint futures commissions vs competitors
Brokerpoint CapTrader TradeStation
US micro e-mini stock index futures $20.0 $35.0 $5.0
UK stock index futures $42.0 $49.0 -
German e-mini stock index futures $22.7 $24.0 -

Futures commissions are calculated for 10 contracts

Brokerpoint CFD commissions and spreads

Brokerpoint CFD fees are high. Brokerpoint CFD commissions and spreads for different assets are charged as per the table below.

Brokerpoint CFD commissions and spreads
Brokerpoint
S&P 500 CFD fee 0.01% of trade value with $2 min
Europe 50 CFD fee 0.02% of trade value with €2 min
Apple CFD $0.003 per share from 2001 shares
Vodafone CFD 0.1% of trade value with £4 min

Below you can see how Brokerpoint CFD fees compare with those of CapTrader and TradeStation.

Brokerpoint CFD fees vs competitors
Brokerpoint CapTrader TradeStation
S&P 500 index CFD fee $4.8 $5.1 -
Europe 50 index CFD fee $5.5 $6.1 -
Apple CFD $3.2 $1.2 -
Vodafone CFD $5.9 $5.9 -

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Brokerpoint financing rates

Brokerpoint financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how Brokerpoint financing rates compare with those of CapTrader and TradeStation.

Brokerpoint financing rates vs competitors
Brokerpoint CapTrader TradeStation
EURUSD financing rate 1.7% 1.7% -
GBPUSD financing rate 1.1% 1.1% -
S&P 500 CFD financing rate 1.6% 2.4% -
Europe 50 CFD financing rate 1.5% 3.1% -
Apple CFD financing rate 1.6% 2.4% -
Vodafone CFD financing rate 1.5% 2.5% -

Brokerpoint commission and other fees
Brokerpoint non-trading fees

In addition to trading fees, it's important to see if Brokerpoint charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Brokerpoint with its two closest competitors.

Brokerpoint non-trading fees vs competitors
Brokerpoint CapTrader TradeStation
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee Yes Yes Yes

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Brokerpoint commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Brokerpoint and its closest competitors. To learn more about Brokerpoint, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Tekla Csike

Author of this article

Tekla is an aspiring young professional with a master's degree in psychology. As a writer, she aims to transform the sometimes daunting complexity of a topic to an easily understandable version, so the readers can feel the pleasing experience of learning constantly.

Tekla Csike

Intern

Tekla is an aspiring young professional with a master's degree in psychology. As a writer, she aims to transform the sometimes daunting complexity of a topic to an easily understandable version, so the readers can feel the pleasing experience of learning constantly.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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