How much does it cost to buy shares?
Investing in the stock market can be an interesting option to consider when thinking of growing your wealth. However, you should be aware of the fees you have to pay when buying shares. It’s interesting to research which platform suits you best for your investment in stocks in terms of service fees to be sure to maximise the return on your wealth.
Are there fees involved in buying shares?
Whether you use an online brokerage or a traditional stockbroker, there will likely be fees when you trade in the stock market.
There are two broad types of fees: regulatory fees, which go directly to regulators and service fees charged by the brokers, which could be a fixed fee or a percentage of each trade. Fees could vary depending on the type of account you have and the services offered by the brokers.
At Xapo Bank, our members enjoy the advantage of low and transparent fees of only 1% on every trade when they buy or sell stocks, with regulatory fees applied where required.
Can I buy less than one share?
Yes, on some investment apps, it is possible to buy fractional shares, which means you own less than one share of the company. The Xapo Bank app is an example. Because you invest in US-listed stocks in dollar amounts, you have the flexibility to own a fraction of a share if desired.
Invest in the stock market easily with Xapo Bank
Xapo Bank offers its members access to a US Dollar and a Bitcoin account and the possibility to access global investment opportunities with stocks from a selection of blue chip US-listed companies. All from the Xapo Bank app. It’s accessible, reliable and safe to use.+
Learn more about our Wealth product.
+ This information is not investment advice. Security values can go up as well as down. Past performance is not indicative of future results.
Disclaimer
This article is for general information purposes only and is not intended to constitute legal or other professional advice or a recommendation of any kind whatsoever and should not be relied upon or treated as a substitute for specific advice relevant to particular circumstances. We make no warranties, representations or undertakings about any of the content of this article (including, without limitation, as to the quality, accuracy, completeness or fitness for any particular purpose of such content), or any content of any other material referred to or accessed by hyperlinks through this article. We make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.
This information is not investment advice. Security values can go up as well as down. Past performance is not indicative of future results.
Xapo Bank is a crypto-enabled bank licensed by the Gibraltar Financial Services Commission. We give our members access to a US Dollar and Bitcoin account, successfully bridging the gap between traditional banking and crypto. USDC deposits into Xapo are immediately converted to USD on a 1:1 basis, giving instant dollar cash value with zero exchange fees.
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