Bonds

Bonds, investment funds and metals

You obtain electronic access to European and US corporate bonds, government bonds from Asia and Europe, fixed-interest futures and fixed-interest options with Agora direct - everything through a single multi currency account.

Price table for bonds, investment funds and metals

Country / RegionProductsOrder feesMinimum
Anleihehandel
USA
Corporate bonds0,015% of the nominal value8,00 USD * plus external fees
Government bonds0,015% of the nominal value8,00 USD *plus external fees
Municipal bonds0,015% of the nominal value8,00 USD *plus external fees
Europe
Corporate bonds0,25% of the commercial value6,00 EUR *plus external fees
Other non-US bonds0,25% of the commercial value6,00 EUR *plus external fees
Hongkong
Corporate bonds0,25% of the commercial value60,00 USD *plus external fees
Other non-US bonds0,25% of the commercial value60,00 USD *plus external fees
Investmentfonds
USA
in U.S. Dollars noting20,00 USD20,00 USD Fixed Price
Europe
in Euro noting0,28 % of the commercial value6,00 EUR
Metalle
Gold USD / Ounce
1 ounce (oz) = 28,349523125 gram0,005% of the commercial value6,00 USD plus storage costs 0,10% per year
Silver USD / Ounce
1 ounce (oz) = 28,349523125 gram0,005% of the commercial value6,00 USD plus storage costs 0,10% per year
table=bonds_investmendfonds_metal;dbid=8;lang=en_GB

 

Contact *External fees National stock exchange regulations & fees Example of calculations Product request

If you have any questions or require some explanation, please contact us on stock exchange trading days on the following number: +49 (030) 789 59 75 - 0 or make use of our contact form.

Fees at FINRA, NYSE and BondDesk
1. FINRA-Gebühr für Handelstätigkeit
0,00075 USD x verkaufte Menge max. 0,75 USD
table=bonds_usfee01_finra;dbid=8;lang=en_GB
2. NYSE Bond Fees
Beschreibungwenn Liquidität zugeführt wirdwenn Liquidität entnommen wird
1 to 10 Anleihen0,000,50 USD pro Anleihe
11 to 25 Anleihen0,000,20 USD pro Anleihe
mehr als 25 Anleihen0,000,10 USD pro Anleihe
table=bonds_usfee01_nyse;dbid=8;lang=en_GB
3. BondDesk Fee / Alle Products
von öffentlich rechtlichen Agenturenwenn Liquidität zugeführt wird 1wenn Liquidität entnommen wird 2
weniger als 12 Monate up tor Fälligkeit0,10 USD pro Anleihe5 USD per order
12 - 24 Monate up tor Fälligkeit0,25 USD pro Anleihe5 USD per order
mehr als 24 Monate up tor Fälligkeit0,50 USD pro Anleihe5 USD per order
Government bonds
weniger als 12 Monate up tor Fälligkeit0,10 USD pro Anleihe5 USD per order
12 - 24 Monate up tor Fälligkeit0,15 USD pro Anleihe5 USD per order
mehr als 24 Monate up tor Fälligkeit0,25 USD pro Anleihe5 USD per order
T-bills2,50 USD per order5 USD per order
Corporate bonds 0-99
weniger als 6 Monate up tor Fälligkeit0,25 USD pro Anleihe5 USD per order
7 - 12 Monate up tor Fälligkeit0,50 USD pro Anleihe5 USD per order
13 - 24 Monate up tor Fälligkeit0,75 USD pro Anleihe5 USD per order
mehr als 24 Monate up tor Fälligkeit1,00 USD pro Anleihe5 USD per order
Corporate bonds 100-249
weniger als 6 Monate up tor Fälligkeit0,19 USD pro Anleihe5 USD per order
7 - 12 Monate up tor Fälligkeit0,38 USD pro Anleihe5 USD per order
13 - 24 Monate up tor Fälligkeit0,56 USD pro Anleihe5 USD per order
mehr als 24 Monate up tor Fälligkeit0,75 USD pro Anleihe5 USD per order
Corporate bonds ab 250
weniger als 6 Monate up tor Fälligkeit0,13 USD pro Anleihe5 USD per order
7 - 12 Monate up tor Fälligkeit0,25 USD pro Anleihe5 USD per order
13 - 24 Monate up tor Fälligkeit0,38 USD pro Anleihe5 USD per order
mehr als 24 Monate up tor Fälligkeit0,50 USD pro Anleihe5 USD per order
table=bonds_usfee01_bonddesk;dbid=8;lang=en_GB
  1. Add an order to an order book at a stock exchange or an ECN before trading the order
  2. Orders, which are immediately traded with respect to an existing sales order (bid order) or offer in an order book at a stock exchange or an ECN
Fees with MuniCenter

Fees for municipal bonds are only charged to the seller.

Fees for corporate and government bonds are charged to both sides.

BeschreibungGebühren
Corporate bonds
1 to 1010,00 USD per order
11 to 1915,00 USD per order
20 to 4920,00 USD per order
50 to 9925,00 USD per order
100 to 24935,00 USD per order
250 to 49950,00 USD per order
mehr als 50075,00 USD per order
Government bonds / Treasurie Bonds
1 to 24912,00 USD per order
mehr als 25020,00 USD per order
Kommunalanleihe weniger als 18 Monate up tor Fälligkeit
weniger als 5.0000,00 USD pro Anleihe
5.000 to 9.9995,00 USD pro Anleihe
10.000 to 19.9992,50 USD pro Anleihe
20.000 to 49.9991,00 USD pro Anleihe
50.000 to 99.9991,00 USD pro Anleihe
100.000 to 249.9990,25 USD pro Anleihe
250.000 to 2.999.9990,10 USD pro Anleihe
mehr als 3.000.0000,10 USD pro Anleihe
Kommunalanleihe 19 to 61 Monate up tor Fälligkeit
weniger als 5.00010,00 USD pro Anleihe
5.000 to 9.9995,00 USD pro Anleihe
10.000 to 19.9992,50 USD pro Anleihe
20.000 to 49.9991,25 USD pro Anleihe
50.000 to 99.9991,00 USD pro Anleihe
100.000 to 249.9990,50 USD pro Anleihe
250.000 to 2.999.9990,50 USD pro Anleihe
mehr als 3.000.0000,25 USD pro Anleihe
Kommunalanleihe mehr als 61 Monate up tor Fälligkeit
weniger als 5.00010,00 USD pro Anleihe
5.000 to 9.9995,00 USD pro Anleihe
10.000 to 19.9992,50 USD pro Anleihe
20.000 to 49.9992,50 USD pro Anleihe
50.000 to 99.9991,25 USD pro Anleihe
100.000 to 249.9990,60 USD pro Anleihe
250.000 to 2.999.9990,60 USD pro Anleihe
mehr als 3.000.0000,25 USD pro Anleihe
table=bonds_usfee02;dbid=8;lang=en_GB
Information on trading in bonds in the USA:
  • Commission/fees apply to all kinds and types of orders
  • As part of issuing the order, the full trading fees are always shown as final prices. They include all the stock exchange and other outside expenses.
  • Any changed orders are treated as the cancellation and replacement of an existing order by the new order. At certain stock exchanges, this can create a situation where the current minimum commission due for changed orders is handled in the same way as for new orders.
    Example: You issue an order for bonds with a nominal value of USD 10,000.00. You than adapt the current order and receive a statement covering the remaining USD 10,000.00 in nominal value. In this case, the minimum commission will be due for each of the statements involving USD 10,000.00. Any orders, which remain overnight, are viewed as new orders for the purposes of calculating the minimum order on the following day.
  • Value-added-tax (VAT), in many cases also called the consumer tax or the tax on goods and services, is calculated separately for the services concerned.
Information on trading in bonds in Europe:
Euronext Bonds external fees
Alle Products
Börsengebühr0,04% pro Trade (min. 2,00 EUR)
Abrechungsgebühr0,10 € pro Trade
table=bonds_europe;dbid=8;lang=en_GB
  1. Handling expense are currently set at 0.00 – however, changes may be introduced.
  2. The stock exchange may also charge a fee of EUR 2.00 per order, which goes beyond the set permissible ratio between order and trade of 5:1. In this ratio, any new and amended orders will be taken into account, but no cancellations.
  3. External fees are calculated based on the trading value. The trading value is defined as follows: the nominal value multiplied by the price in percent and divided by 100.
  • Commission/fees apply to all kinds and types of orders
  • As part of issuing the order, the full trading fees are always shown as final prices. They include all the stock exchange and other outside expenses.
  • Any changed orders are treated as the cancellation and replacement of an existing order by the new order. At certain stock exchanges, this can create a situation where the current minimum commission due for changed orders is handled in the same way as for new orders.
    Example: You send an order for 200 ounces, of which 100 ounces are traded. You adapt the order for the remaining 100 ounces and this order is also traded. The minimum fee is charged in this case for both trading procedures each involving 100 ounces. Any orders, which remain overnight, are viewed as new orders for the purposes of calculating the minimum order on the following day.
  • Value-added-tax (VAT), in many cases also called the consumer tax or the tax on goods and services, is calculated separately for the services concerned.
Information on trading in bonds in the Hong Kong:
Hongkong Stock Exchange (SEHK)
Alle Products
Börsengebühr0,005% of the commercial value + 0,50 HKD pro 1 Trade
Abrechungsgebühr0,002% of the commercial value (min. 2,00 HKD)
Stempelsteuer0,1% werden weitergegeben für Aktienausführungen
SFC-Transaktionsabgabe0,0027% werden weitergegeben für Aktien- und Optionsscheinausführungen
table=bonds_hongkong;dbid=8;lang=en_GB
  • Commission/fees apply to all kinds and types of orders
  • Stock exchange fees, stock exchange tariffs, CCASS handling fees and CCASS custody fees are included in the fees. State stamp tax (0.1%, rounded up to the next whole number (1.00: this only applies to shares) and SFC transaction taxes (0.003% applies to shares and option certificates) are passed on directly to the customer. Please note the details in your account statements.
  • Any changed orders are treated as the cancellation and replacement of an existing order by the new order. At certain stock exchanges, this can create a situation where the current minimum commission due for changed orders is handled in the same way as for new orders.
    Example: You issue an order for bonds and receive a statement with a nominal value of USD 20,000.00. You than adapt the current order and receive a statement covering the remaining USD 10,000.00 in nominal value. In this case, the minimum commission will be due for each of the statements involving USD 10,000.00. Any orders, which remain overnight, are viewed as new orders for the purposes of calculating the minimum order on the following day.
  • Value-added-tax (VAT), in many cases also called the consumer tax or the tax on goods and services, is calculated separately for the services concerned.
Example of calculations for bonds:

Trading value = nominal x price in percent ÷ 100

Example of calculations:

The nominal value = EUR 1,500,00
The price = 106.62 %
Total value = 1,500.00 x 106.62 ÷ 100 = EUR 1,599.30

Commission of 0.25 % = 1,599.30 x 0.0025 = EUR 3.99 / but minimum fee EUR 6.00

Commission of EUR 6.00

The stock exchange also charges a fee of EUR 2.00 for each order, which goes beyond the set permissible ratio between the order and trade of 5:1. In this ratio, new and amended orders are taken into account, but no cancellations.

Example of calculations:

Four orders are transmitted and each of them is changed once. Trading takes place and a fee of EUR 6.00 is charged. The calculation takes place as follows:

4 order and 4 amendments = 8 orders, with 1 trade.
This provides a ratio of orders for trading of 8:1. The difference between the ratio of 8:1 and the permissible ratio at the stock exchange of 5:1 is 3 (8:1 – 5:1 = 3).

3 x EUR 2.00 = EUR 6.00

stock exchange fee: EUR 6.00

Do you need some information on the transaction fee for a particular product? Then send us an e-mail using our contact form.

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