Personally tested
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Independent
CapTrader non-trading fees as of October 2023
I've thoroughly tested CapTrader services with our analyst team by opening a real-money account and these are my most important findings:
- Non-trading fees at CapTrader are considered to be low overall
- Apart from trading fees, online brokerages usually charge non-trading fees as well
- Inactivity and custody fees are the most important non-trading fees for long-term stock investors
We collected all the non-trading fees charged by CapTrader in the table below:
| Non-trading fee category | Fee amount |
|---|---|
| Inactivity fee | If your portfolio is below $1,000 and no trades have been carried out during the month, then a monthly fee of $1 applies |
| Custody fee | No custody fee |
| Conversion fee | Trade value less than $1 billion: 0.3 bps * trade value; min. $3.75 |
| Account fee | No account fee |
| Withdrawal fee | Free in the current calendar month, every additional bank transfer in the current month costs 8 Euro. |
| Deposit fee | Free deposit |
Data updated on October 10, 2023
At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.
What are non-trading fees and when are they charged?
Of all aspects of investing, broker fees are among the most important but also among the most difficult to figure out. Trading commissions (or their absence at many brokers) usually make the headlines, but there are other costs that may be a bit more hidden yet equally painful. As a long-term stock investor, you should keep an eye on the following so-called non-trading fees:
- Inactivity fees are levied by some brokers if you fail to use your account for a longer period; it's usually just a small monthly fee but can be excessive at some brokers
- A custody fee is charged by some brokers for holding your stocks, bonds or ETFs; it is typically just a tiny percentage of the value of your holdings
There are other non-trading fees of slightly lesser importance for long-term investors, such as conversion fees (if your account and an asset you're trading are in a different currency), or withdrawal fees (to be paid when you withdraw money from your account). And luckily, you'll rarely encounter account fees (for simply keeping your account) or deposit fees (for placing money into your account) any more.
To read more about possible expenses you may face as a long-term investor, check out our summary of the most common brokerage fees.
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