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Overview of Ninety Nine fees and charges

When it comes to brokerage fees Ninety Nine shows a mixed picture: some fees are high but some are low. First you need to figure out your approach or you should use our questionnaire to be able to tell whether Ninety Nine fees are an advantage for you. Continue reading about Ninety Nine fees and charges to see if this is the right brokerage for you or a similar broker like DEGIRO or eToro is better for you.

Here's a high level overview of Ninety Nine's fees

Ninety Nine Fees snapshot
Assets Fee level Fee terms
US stock fee Low Commission-free stock trading
EURUSD fee - Not available
US tech fund fee - Not available
Inactivity fee Low No inactivity fee

The fees were collected on 3 Aug 2021, but the actual rates are subject to change. To see current rates, check Ninety Nine's website.

Ninety Nine fees
Ninety Nine fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely due to the fact that online brokerages' businesses can be much better scaled: From a purely technical standpoint it doesn't make that much of a difference for them if they have 100 or 5000 clients.

This is not to say however that they don't have any fees at all. They make money by charging you at various events for various rates. Usually you need to keep an eye on these 3 types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually do a trade. What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
    • A commission is either based on the traded volume or it is fixed.
    • A spread is the difference between the buy price and the sell price
    • Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These occur related to some operations you make in your account, i.e. depositing money to your account, withdrawing money from it or not trading for an extended amount of time.

We compare Ninety Nine fees with its closest competitors, DEGIRO and eToro.

Ninety Nine fees
Ninety Nine trading fees

Ninety Nine's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at Ninety Nine.

Trading fees

Ninety Nine's trading fees are average.

Stock fees and ETF fees

Ninety Nine has low stock trading fees.

Stock fees of a $2,000 trade
Ninety Nine DEGIRO eToro
US stock $0.0 $1.2 $0.0
UK stock - $3.9 $0.0
German stock - $5.9 $0.0

Financing rates

Ninety Nine financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

Ninety Nine yearly financing rates
Ninety Nine DEGIRO eToro
Apple CFD financing rate - - 6.5%
Vodafone CFD financing rate - - -
EURUSD financing rate - - 1.6%
EURGBP financing rate - - 2.1%

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

The fees were collected on 3 Aug 2021, but the actual rates are subject to change. To see current rates, check Ninety Nine's website.

Currency conversion fee

Ninety Nine will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.5% per conversion.

Ninety Nine fees
Ninety Nine non-trading fees

When it comes to looking at all the non-trading fees Ninety Nine is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at Ninety Nine that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how Ninety Nine stacks up in non-trading fees
Ninety Nine DEGIRO eToro
Withdrawal fee $0 $0 $5
Deposit fee $0 $0 $0
Inactivity fee No No Yes
Account fee No No No

Ninety Nine fees
Ninety Nine deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and Ninety Nine is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods Ninety Nine offers.

Ninety Nine deposit methods
Ninety Nine DEGIRO eToro
Bank transfer Yes Yes Yes
Credit/debit card No No Yes
Electronic wallets No No Yes
Deposit fee $0 $0 $0

Ninety Nine fees
Ninety Nine withdrawal fee

Unlike some online brokers we have reviewed Ninety Nine does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

Ninety Nine withdrawal fees and options compared
Ninety Nine DEGIRO eToro
Bank transfer Yes Yes Yes
Credit/debit card No No Yes
Electronic wallets No No Yes
Withdrawal fee with bank transfer $0 $0 $5

Ninety Nine fees
Ninety Nine inactivity fee

Ninety Nine does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Gabi Lovas

Author of this article

Gabi is now a Financial Analyst at BrokerChooser after working as a Content Editor for a year. Previously, she was a European equity reporter at Bloomberg covering European health care and chemical stocks as well as US futures, until she relocated to Spain in 2019. Gabi has a Master's degree in Economics and she is a stock investor on her own account. She is also a member of an investment club in Barcelona.

Gabi Lovas

Broker Analyst

Gabi is now a Financial Analyst at BrokerChooser after working as a Content Editor for a year. Previously, she was a European equity reporter at Bloomberg covering European health care and chemical stocks as well as US futures, until she relocated to Spain in 2019. Gabi has a Master's degree in Economics and she is a stock investor on her own account. She is also a member of an investment club in Barcelona.

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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