Online Trading Commissions and Fees

Commissions & Fees


See our pricing to know what you’re paying

There are no fees to open or maintain your account.
Other account fees, fund expenses, and brokerage commissions may apply.

ONLINE
TRADES
BROKER-ASSISTED TRADES
International Stocks

€ 4.95

Commission starts from € 4.95 per trade
Online pricing + kr 25 service charge
Foreign Exchange (FX)

0.0 pip
No commission

There is no commission on trade and spread starts from 0.0 pip
Online pricing + kr 250 service charge
International ETFs

No commission

There is no commission on trade
Online pricing + kr 25 service charge
Global Commodities

No commission

There is no commission on trade
Online pricing + kr 250 service charge
Global Fixed Income

€ 0.95 per bond

€ 10 minimum / € 250 maximum
Online pricing + kr 250 service charge
Cryptocurrencies

0.05%

Commission starts from 0.05% of trading volume.
Online pricing + kr 250 service charge

Common Questions

What is the broker-assisted trades?

A broker-assisted trade is any trade placed by a broker/financial consultant. Note that an investor can call a broker/financial consultant for help with a trade without a charge, as long as the investor, not the broker, actually places the trade.

If I place a trade myself online but I call in with a question about the trade, do I have to pay the
“broker-assisted trade” fee?

No, as long as you place the trade yourself, you do not have to pay the “broker-assisted trade” fee.

PSS reserves the right to act as principal on any fixed income transaction, public offering or securities transaction. When PSS acts as principal, the executable price includes our transaction fee (outlined above) and may also include a markup that reflects the bid-ask spread and is not subject to a minimum or maximum.  When trading as principal, PSS may also be holding the security in its own account prior to selling it to you and, therefore, may make (or lose) money depending on whether the price of the security has risen or fallen while PSS has held it. When PSS acts as agent, a commission will be charged on the transaction.

Money Transfer Fees

PSS offers fast and efficient payment tools for your convenience.

FEES TO FUND TRANSFER
BUSINESS DAYS TO COMPLETE

Online account transfer

to another account at PSS

€ 0

There is no fee on account transfer to another account at PSS.

0-1 days

Most online account transfers are processed and reflected in real time.

International Bank Wire

payment from and to another bank account

€ 55

will be deducted from incoming or outgoing fund.

0-3 days

Usually bank wire payments take up to 3 business days.

Credit and Debit Card

Payment from and to an account at PSS

2.45%

will be deducted for all credit and debit card deposit.
0-1 days for deposit
1-31 days for withdraw

Any withdrawal payment to a credit or a debit card may take up to one calendar month to be reflected in your credit or debit card statements.

Bitcoin Payment

for deposit and withdraw from your PSS account

€ 0

PSS do not charge any fee on Bitcoin deposit and withdraw.

0-1 days

Most Bitcoin payments are processed and reflected on bitcoin wallet in real time.

Overnight Swap
Charge

No swap charge for Forex, ETFs, and Commodities trading

International Stock Trading

Daily Swap
Interest

Swap Charge
Time

OSL Oslo Stock Exchange Up to 0.045% 16:00 UTC
NASDAQ US Nasdaq Exchange Up to 0.025% 20:00 UTC
NYSE New York Stock Exchange Up to 0.025% 20:00 UTC
ARCA & MKT New York Stock Exchange MKT and Arca Up to 0.025% 20:00 UTC
OTC US OTC Markets Up to 0.025% 20:00 UTC
TSE Toronto Stock Exchange Up to 0.035% 20:00 UTC
TSX TSX Venture Exchange Up to 0.035% 20:00 UTC
HKEX Hong Kong Exchanges Up to 0.053% 10:00 UTC
SGX-ST Singapore Exchange Up to 0.053% 10:00 UTC
ASX Australian Securities Exchange Up to 0.035% 08:00 UTC
TYO Tokyo Stock Exchange Up to 0.015% 09:00 UTC
Euronext Euronext Amsterdam Stock Exchange Up to 0.045% 16:00 UTC
VIE Vienna Stock Exchange Up to 0.045% 16:00 UTC
FWB Frankfurt Stock Exchange Up to 0.045% 16:00 UTC
SWB Stuttgart Stock Exchange Up to 0.045% 16:00 UTC
DUB Irish Stock Exchange Up to 0.045% 18:00 UTC
MIL Milan Stock Exchange Up to 0.045% 16:00 UTC
CSE NASDAQ OMX Copenhagen Up to 0.045% 16:00 UTC
BME Bolsa de Madrid Up to 0.045% 16:00 UTC
OMX Stockholm Stock Exchange Up to 0.045% 16:00 UTC
SIX Swiss Exchange Up to 0.045% 16:00 UTC
LSE London Stock Exchange (UK Companies) Up to 0.030% 18:00 UTC
LSIN London Stock Exchange (Int’l Companies) Up to 0.030% 18:00 UTC

Forex Trading

No daily swap charge

ETFs Trading

No daily swap charge

Commodities Trading

No daily swap charge

Cryptocurrency Trading

Daily Swap Interest

Up to 0.085%

Swap Charge Time

00:00 UTC

Precious Metal Trading

Daily Swap Interest

Up to 0.045%

Swap Charge Time

00:00 UTC

Oil and Gas Trading

Daily Swap Interest

Up to 0.045%

Swap Charge Time

00:00 UTC

For daily swap charge for fixed income trading, please contact your sales trader for more information.

Investment
Management

Investment management service may not be available for investors from certain countries. Please consult with your sales trader for more information.

MINIMUM INVESTMENT AMOUNT
INVESTMENT MANAGEMENT FEES
Smart Portfolio Builder
Kr 50,000
No advisory fee
Smart Portfolio Builder Premium
Kr 250,000
Pay a one-time planning fee of kr 3,000, and just a kr 300 a month advisory fee after that
PSS Managed Portfolios
Kr 250,000
Starts at 0.90% per year
PSS Private Client Service
Kr 5,000,000
Starts at 0.50% per year (Fee rates decrease at higher asset levels)

Restrictions apply: The standard online € 4.95 commission does not apply to all stock transactions, large block transactions requiring special handling, or restricted stock transactions (except for vested equity awards issued from an employer or corporate stock plan trades).PSS Satisfaction Guarantee: If you are not completely satisfied for any reason, at your request PSS will refund any eligible fee related to your concern within the required timeframes. PSS reserves the right to change or terminate the guarantee at any time. Conditions Apply: Trades in ETFs available through PSS ETF OneSource are available without commissions when placed online in a PSS account. Service charges apply for trade orders placed through a broker (kr 250) or by automated phone (kr 50). An exchange processing fee applies to sell transactions. Certain types of PSS ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including PSS ETFs). PSS reserves the right to change the ETFs we make available without commissions. All ETFs are subject to management fees and expenses. PSS receives remuneration from certain third‐party ETF companies participating in PSS ETF OneSource for recordkeeping, shareholder services, and other administrative services, including program development and maintenance. Participating firms also may make additional payments for other ETF-related opportunities, such as education and events, and reporting. Standard fees apply on both transactions when placing simultaneous orders to sell one or more transaction fee funds and purchase additional transaction fee fund(s) with the proceeds. Some funds may also charge sales and/or redemption fees. Per-trade transaction fees do not exceed 8.5% of principal, up to € 4.95. Trades below kr 1,000 in principal are exempt from the transaction fee. Exchange Process Fee—This is a fee PSS charges to offset fees imposed on us by Oslo Stock Exchange.Oslo Stock Exchange (OSE) assesses transaction fees based on the aggregate amount of sales of certain securities. The OSE recalculates the amount of this fee periodically—at least once per year but sometimes more often. Oslo Stock Exchange offsets the transaction fees by charging their member broker-dealers such as PSS, and we, in turn, offset this fee by charging you an Exchange Process Fee for covered sell transactions. The exchanges may charge these fees even on transactions executed on other exchanges, which can result in multiple fees being imposed on PSS for a single transaction. PSS offsets these fees by charging you a single Exchange Process Fee for each covered transaction. The Exchange Process Fee will rise or fall periodically depending upon the rates set by the OSE. Large block transactions (orders of more than 250 bonds) may be available for special handling and/or pricing.For PSS Global Accounts, this pricing does not apply to trades placed on foreign stock exchanges, which are subject to commissions and local broker fees.

This offer is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard insurance may be required. Program terms and conditions are subject to change. Periodic investment plans [cost-averaging, dividend reinvestment or PSS’s Automatic Investment Plan (“AIP”)] do not assure a profit and do not protect against loss in declining markets. Please read the PSS Smart Portfolio Builder disclosure brochures for important information, pricing, and disclosures related to the PSS Smart Portfolio Builder and PSS Smart Portfolio Builder Premium programs.

There is no advisory fee or commissions charged for PSS Smart Portfolio Builder. For PSS Smart Portfolio Builder Premium, there is an initial planning fee of kr 3,000 upon enrollment and a kr 300 per month advisory fee charged on a quarterly basis as detailed in the PSS Smart Portfolio Builder disclosure brochures. Investors in PSS Smart Portfolio Builder and PSS Smart Portfolio Builder Premium (collectively, “PSS Smart Portfolio Builder Solutions”) do pay direct and indirect costs. These include ETF operating expenses which are the management and other fees the underlying ETFs charge all shareholders.

The cash allocation in PSS Smart Portfolio Builder will be accomplished through enrollment in the PSS Smart Portfolio Builder Sweep Program (Sweep Program), a program sponsored by PSS By enrolling in PSS Smart Portfolio Builder Solutions, clients consent to having the free credit balances in their PSS Smart Portfolio Builder Solutions brokerage accounts swept to deposit accounts at PSS Bank through the Sweep Program. PSS Private Client (“PPC”) is a non-discretionary investment advisory service sponsored by PSS.

The Managed Account Select program is sponsored by PSS. Please read the PSS Managed Account Services Disclosure Brochure for important information and disclosures. In addition, please read the participating manager’s disclosure brochure, including any supplements, for important information and disclosures.

Investments in managed accounts should be considered in view of a larger, more diversified investments portfolio. Services may vary depending on which money manager you choose and are subject to a money manager’s acceptance of the account.

Investment returns will fluctuate and are subject to market volatility, so that an investor’s shares, when redeemed or sold, may be worth more or less than their original cost. Unlike mutual funds, shares of ETFs are not individually redeemable directly with the ETF. Shares of ETFs are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

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Trading Platform

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Be sure to make appointment before you visit our branch for online trading service as not all branches have a financial service specialist.