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
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | Average | 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
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 mid-tier which means you need to pay special attention to asset classes with high trading fees.
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 average stock trading fees.
| Ninety Nine | DEGIRO | eToro | |
|---|---|---|---|
| US stock | $0.0 | $1.0 | $0.0 |
| UK stock | - | $3.1 | $0.0 |
| German stock | - | $4.9 | $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 | DEGIRO | eToro | |
|---|---|---|---|
| Apple CFD financing rate | - | - | 10.3% |
| Vodafone CFD financing rate | - | - | - |
| EURUSD financing rate | - | - | 3.5% |
| EURGBP financing rate | - | - | 3.4% |
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.
| 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 | 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 | 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).
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