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1 vote
Accepted

Shorting stock vs buying stock on margin which fee is higher?

When you short a stock, you pay a daily borrow fee (including weekends) for every day that you are short plus the two days for T+2 settlement. The borrow rate can fluctuate daily. It can range from 0....
  • 75.5k
3 votes

How is an ETF fee calculated in a trade that ends in less than a year?

The fund expenses are taken directly from the fund on a regular basis (varies from fund to fund), often monthly. They are also usually reflected in real time. For example say you have a fund with a ...
  • 334
0 votes

Insurance Fees on Withdrawal on Trade Account

Although everything was written already, I am still answering now in the hope you do not believe that there is a fee you need to pay to get your money back. Based on the original question, not sure of ...
  • 1,526
2 votes

Insurance Fees on Withdrawal on Trade Account

If they are asking you to send them a fee, rather than deducting it from what they are sending you, then it is almost certain that there is no money and you are being scammed. Whether or not the fee ...
  • 36.8k
2 votes

Insurance Fees on Withdrawal on Trade Account

This seems to be a scam. A reputable company would, as you said, pick up the phone and have a properly staffed customer service department. Traders have to be licensed, and calls be documented and ...
  • 148k
2 votes

Insurance Fees on Withdrawal on Trade Account

Yes, transfer fees are normal, especially for international transfers. However, they are either charged to the source account, or taken out of the amount that is transferred. I don't know of a case ...
  • 8,162
3 votes

What's the difference between markups and "commissions, transaction fees and contract fees" when purchasing individual bonds on the secondary market?

In general, I'd suggest getting a dictionary. "markup" is adding amount over the nominal price. For example, you can buy a $10-priced product for $11. $1 is the markup. "commission"...
  • 148k
1 vote
Accepted

What's the difference between "Frais de gestion annuels (max.)" (~expense ratio) and "Total des frais sur encours" (~expenses on outstanding amounts)?

Frais de gestions corresponds better to "Management Expense [Ratio]" (MER) and total des frais to "Total Expense [Ratio]" (TER). The TER includes management fees plus various other ...
  • 31.6k
2 votes
Accepted

Is there any currency conversion charge (including suboptimal rate) when purchasing an ETF whose underlying assets are in a different currency?

I can't speak to the specifics of your broker or France, but it's unlikely. When you buy an ETF priced in euros at a European exchange, you are doing just that - buying something for euros on a ...
  • 2,398
3 votes

What's an Index Interest Strategy Charge Rate in a long-term care (LTC) insurance plan?

The answer is similar to that I gave here. Insurance terms are defined per policy, and per insurance company. You should address this question to your insurance agent and to the specific insurance ...
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