Questions tagged [fees]
generic tag to be used for questions related to fees. Ideally to be accompanied by other subject tags
343
questions
0
votes
0answers
66 views
Sold to close options and Robinhood charged $0.04, but why and how?
This morning I BTO'd 5 call options for $30 and an hour later STC'd for $70, a $40 profit.
Robinhood took $0.04 on that STC order, but I can't reason about how or why?
Their fee schedule says that its ...
1
vote
0answers
77 views
Repossession fee refund after 8 years [duplicate]
2013 our car was repossessed by WellsFargo Dealer Services
It was sold at auction and fell off my credit report this year. Today I received a check for$125 from an over charge of the repossession fee.
...
1
vote
0answers
55 views
Avalilability of very short term loan options for non-salary individual in India
I am a student and I have a non-salary account. I mean, I am not getting salary and getting money every month as scholarship. The amount I am getting as scholarship is not less and is at-least ...
1
vote
0answers
39 views
What stops the depositary banks of American Depositary Receipts (ADR) from charging the maximum possible fees?
Depositary banks of ADRs periodically charge depositary fees (custodial fees) to the owners of the ADRs by subtracting from ADR dividends. The maximum fees that the depositary bank is allowed to ...
1
vote
2answers
92 views
Can capital gains be offset with transaction fees?
If you make a 2.5% capital gain on Dogecoin, but then pay that same amount in transaction fees, do you still have to pay capital gains tax?
Or can the capital gains be offset with the loss incurred ...
2
votes
0answers
24 views
What is the purpose of NSCC illiquid charges for low-volume stocks?
I understand the situations in which I will be charged an NSCC illiquid charge, and I have read: What are NSCC illiquid charges? From my understanding, stock brokers pass the NSCC illiquid charge to ...
0
votes
0answers
53 views
How to calculate all fees to get exact price or profit on wealth simple stocks
I'm trying to calculate all the fees in a trade for a buy and sell, from me being in Canada (CA). So this is for buying or selling a CAD stock or a US stock. I have some theories but wanted to check ...
-3
votes
1answer
108 views
Why is direct money transfer to other people accounts so expensive?
I see from a similar question that in the US and Canada wire transfer are even more expensive than in Europe where I live. But I am interested in the situation in Europe even though their cost is ...
0
votes
0answers
44 views
What are the stock fees charged on nonresidents?
When a foreigner invests in the US stock market, are the dividends taxed at 37%? What if the stock does not pay a dividend? Will foreigners be charged anything if the stock does not pay a dividend? Is ...
1
vote
0answers
25 views
What happens if send low value swift payment via BEN?
I am wondering what happens if I made a low value swift payment (e.g under £10) which is less than the transaction fee. Would the payment be rejected?
1
vote
0answers
83 views
Bitcoin exchange fees [closed]
Where would you go to sell a large quantity of Bitcoin? The major exchanges (such as Coinbase, Gemini, etc.) charge exchange fees in the neighborhood of 1.5% of the amount being exchanged. Are there ...
1
vote
5answers
254 views
Why do some banks charge a fee for a low account balance?
I'm learning in economics that if your balance gets too low, you have to pay a fee. Why is this? Is it to help support the bank, or as a punishment? Or is it both?
0
votes
0answers
94 views
Why broker charge me for BORROW fees when I have a long unsettled position as well to counter the short in the same account [duplicate]
The only reason why I put it here is to find out whether I am a victim or just ignorant of the way brokers deal with option positions that were exercised. Whether I am a victim or just ignorant will ...
2
votes
0answers
31 views
What happens to cost of carry when a commodity is short-sold?
Say investor B has a gold bar, and must pay 1 dollar per day to store it. Investor A shorts gold, borrowing the gold bar from B, and selling it to investor C.
What I want to know is, what happens to ...
0
votes
2answers
317 views
How OPTIONS are settled can be an eye opener and I hope I can get some answers
The only reason why I put it here is to find out whether I am a victim or just ignorant of the way brokers deal with option positions that were exercised. Whether I am a victim or just ignorant ...
2
votes
6answers
266 views
Why do credit unions in Germany charge a monthly fee (Kreditvereine Kostenloses Girokonto)?
I recently moved to Germany, and I was shocked to discover that almost all of the credit unions (Kreditvereine) and banks here charge a fee just for me to give them my money. Why?
Background: I'm from ...
7
votes
2answers
2k views
How does a fund's expense ratio work?
There are several posts here but I cannot wrap my mind around it.
Suppose a fund has an expense ratio of 0.055%, as I understand it that means $55 per $1000.
Where do the expenses come from? Is every ...
2
votes
1answer
236 views
How can I transfer money from a US bank account to an IBAN+BIC number (European bank account) without any fees?
I have a bank account in the US and a bank account in Lithuania. The latter is identified with an IBAN and a BIC.
How can I transfer money from my US bank account to an IBAN+BIC number without any ...
1
vote
0answers
76 views
One commodity, 2 ETCs, same specs, different return - why?
Background:
I hold silver ETC that charges 0.49% TER. There are cheaper ETCs that haven't been around when I entered the market. I am trying to assess if it makes sense to roll over. Interestingly, ...
3
votes
1answer
924 views
Legality of Bank Inactivity Fees
I hadn't been paying attention to my checking account (in which I kept a minimum balance
of $1500 just to avoid a monthly "maintenance fee") for about a year. But, yesterday I
logged in and ...
23
votes
5answers
7k views
Why do small merchants charge an extra 30 cents for small amounts paid by credit card?
Jurisdiction Australia, but could apply globally for all I know.
Looking at major Australian bank websites, their EFTPOS contracts mention nothing about transaction fees being different for small ...
-4
votes
1answer
90 views
Why are outgoing international wires from the United States typically more expensive than outgoing domestic wires?
I see on https://www.finder.com/bank-fees-wire-transfers (mirror) that outgoing international wires from the US are typically more expensive than outgoing domestic wires:
Bank
Incoming domestic wire
...
6
votes
2answers
671 views
Why are ACH transfers typically free, while wire transfers cost money?
I read on finance.umich.edu:
A wire is a real-time method of transferring immediate funds and supporting information between two financial institutions and is relatively expensive to use. An ACH is ...
1
vote
3answers
152 views
Why do SEPA transfers involve no or minimal fees, while SWIFT transfers may cost anywhere between $15 and $45?
I read on moneytransfers.com (mirror):
SEPA transfers involve no or minimal fees, while SWIFT transfers may cost anywhere between $15 and $45.
Why do SEPA transfers involve no or minimal fees, while ...
0
votes
1answer
101 views
How are volume-based fee schedules applied to HFT crypto trading?
I am trying to understand how volume-based fee schedules would work with a high frequency trading algorithm.
Let's say I am trading 1 BTC and I am averaging 1000 trades every 5 minutes.
Does the fee ...
0
votes
2answers
324 views
What is the difference between a fund and a strategy, and can you compare the two?
I am looking at some funds, and am confused by two things.
What is the difference between a fund and a fund strategy? Am I correct in saying that a fund strategy is an underlying portfolio and the ...
-1
votes
1answer
128 views
How can I convert a small amount of USD in my PayPal account to USD banknotes in Germany?
I have a small amount of USD (about $200) in my PayPal account, and I want to withdraw that amount and get USD banknotes. I live in Germany, and I only have bank accounts in EUR.
The simple method ...
0
votes
1answer
56 views
Vanguard Digital Advisor Service Question
Vanguard Digital Advisor is an all-digital service that targets an annual net advisory fee of 0.15% across your enrolled accounts.
From my research, your portfolio will consist of the following four ...
0
votes
1answer
86 views
Can you avoid fees while self representing
I am a self representing buyer, the property I am interested in purchasing located in Indiana USA, is under list contract. The seller has an agent for the property.
As I self represent myself and ...
0
votes
0answers
37 views
Reorganization Fee During Bankruptcy [duplicate]
Last year I had a little extra and decided to try my hand at penny stocks. I spent the $200 on shares in 5 different companies trading for under $1 a share, ranging from $20-$80 total per company. I ...
6
votes
4answers
3k views
Why don't index ETFs use leverage to offset their fees and eliminate tracking errors?
If a hypothetical stock index returns 100%, an ETF tracking the index might only return 99% because of ETF fees. This introduces tracking errors. Why don't index ETFs use leverage to offset the fees ...
3
votes
3answers
253 views
What is a good starting point for a new investor?
Firstly to clarify, I am not looking for financial advice, I am trying to find out where is a reasonable starting point for someone who has no experience, some cash in an ISA and is risk averse.
I've ...
1
vote
1answer
55 views
Home Loan Refinance Prepayment Penalties
I am a homeowner in the USA. Interest rates have dropped recently and I am exploring the possibility of refinancing my home loa
My existing home loan stipulates that the lender cannot charge a ...
1
vote
1answer
64 views
How can I tell if a target date fund has too many fees?
I've read that when investing in a target date fund (401k or IRA) there are often a lot more fees involved than other funds. These are an easy option though if you're not too sure what to invest in. ...
1
vote
1answer
87 views
When doing a FSBO, do you usually offer a percentage of the sale for real estate agents to bring their clients?
When doing a FSBO, do you usually offer a percentage of the sale for real estate agents to bring their clients?
I'm wondering of I should use a for-sale-by-owner (FSBO) site or just list my house in ...
4
votes
1answer
233 views
What are "Tax Relief Fees" on American Depositary Receipt (ADR) dividends?
I noticed that a "Tax Relief Fee" is usually deducted from ADR dividends. Consider AXA ADR's (OTC: AXAHY) 2020 cash dividend announcement, which includes a "Tax Relief Fee" of $0....
1
vote
1answer
183 views
Why do I get charged more than the depositary fees + withheld taxes on my American Depositary Receipt (ADR)?
I have 894 shares of AXAHY (which is an American depositary receipts (ADR)) on my Fidelity brokerage account. According to this answer by Flux, the depositary fees for AXAHY in 2020 are 0.04 USD per ...
1
vote
0answers
34 views
Does the Depository Trust Company (DTC) publicly announce ADR custodial fees?
To see the historical custodial fees charged by depository banks on ADRs, I usually go to the depositary banks' websites where, if lucky, I am able to find the historical fee information. Today, I ...
0
votes
1answer
224 views
How can I know the exact Depository Trust Company (DTC) fees on an American Depositary Receipt (ADR) before buying the ADR?
How can I know the Depository Trust Company (DTC) (mirror) fees on an American depositary receipts (ADR) before buying the ADR?
For example, let's say I want to purchase some AXAHY ADR via my ...
0
votes
1answer
129 views
Economics of long shots on predicit.org [closed]
Predictit.org is a prediction market run by a university as a nonprofit enterprise. They say, "Our fees are necessary to cover the costs related to running this site." In order to have a ...
0
votes
1answer
74 views
Ideal country for limited liability company (Ltd.) [closed]
Looking for and ideal country for an Ltd. with the following conditions:
English is an official language
It's creation and maintenance is at low cost
You don't have to be resident of the country
You ...
2
votes
0answers
84 views
What are New York Window fees?
Someone told me that if the stock I want to buy/sell does not trade 100% electronically, my stock broker may need to handle physical share certificates. I was told that I could be charged a "New ...
1
vote
2answers
90 views
What is a "forced buy-in" for illiquid OTC stocks?
I was reading about the illiquid fee policies of a stock broker: https://www.firstrade.com/content/en-us/customerservice/faqs/illiquidfees/. Excerpt:
Forced Buy-Ins:
Your sale of a low-priced ...
1
vote
1answer
142 views
Should I use SHA or OUR for sending an international wire to my stock broker's bank account?
I am trying to send an international wire transfer to my US stock broker, TD Ameritrade. TD Ameritrade has asked me to send a wire to its bank account at First National Bank of Omaha. My local (non-US)...
1
vote
1answer
516 views
How much does the American Depository Receipt (ADR) cost for Sony stock (SNE)?
I am a resident of USA and want to invest in Sony (SNE), a Japanese stock. My brokerage says I can only do this through an ADR. According to Charles Schwab:
American Depositary Receipts (ADRs) are ...
1
vote
1answer
66 views
In foreign mutual funds, what is the conversion fee?
I have found a mutual fund whose denominated currency is Euros but its underlying asset's currency is US Dollars (it tracks the S&P 500).
The fund can be found here.
While inspecting its fees, I ...
1
vote
1answer
93 views
Trying to understand mutual funds load and charges
I have been reading about mutual funds fees and charges. I have noticed that these fees are expressed as rates (%). I would like to ask if I have understood over which quantities are these rates ...
2
votes
1answer
48 views
Trying to understand what trading costs actually are in funds and ETFs
I'm trying to understand what the trading costs are in ETFs and funds. Is the explanation below correct?
ETFs have trading costs because they trade almost like stocks, so you need to go through a ...
6
votes
2answers
513 views
How to find the trading costs in an ETF prospectus
As a case of study, I'm reading information about Vanguard's VUSA. Currently, I'm trying to find out what are the ETF's trading costs.
I have read the Key investor information and the ETF's ...
1
vote
0answers
24 views
Can transaction fees for same-day trades be deducted from UK capital gains?
Let's assume I buy and sell the same amount of shares on the same day and that the net result is zero, excluding transaction fees.
Can - or should - these fees be deducted from the capital gains tax?
