Markets.com non-trading fees as of January 2024
I've thoroughly tested Markets.com services with our analyst team by opening a real-money account and these are my most important findings:
- Non-trading fees at Markets.com 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 Markets.com in the table below:
|Non-trading fee category
|$10 per month after 3 months of inactivity
|0.12% of position value per year with a minimum of £10 per month on share dealing accounts. There is no custody fee on CFD accounts
|No account fee
Data updated on January 29, 2024
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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