How we ranked fees

We ranked Ninety Nine’s fee levels as low, average or high based on how they compare to those of all reviewed brokers.

First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.

• Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
• Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

In the sections below, you will find the most relevant fees of Ninety Nine. In the case of stock investing the most important fees are commissions.

We also compared Ninety Nine’s fees with those of two similar brokers we selected, DEGIRO and eToro. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of Ninety Nine alternatives.

To have a clear overview of Ninety Nine, let’s start with the trading fees.

Ninety Nine trading fees

Ninety Nine trading fees are low but currency conversion fees can be quite high.

Stock fees

Ninety Nine charges no stock commission in most cases. Stock trading is free of all traditional commissions, including execution, custody or corporate actions fees.

However, Ninety Nine does charge a currency exchange commission of 0.5% for each transaction, as the broker offers only EUR as a base currency but you can trade only US stocks, which must be paid in USD. 

In addition, there is a settlement cost of €5 per transaction on certain stocks, an item that Ninety Nine says is passed on by its custodian bank. Ninety Nine says that such charges may be lowered or even fall to zero if trading volume carried out by Ninety Nine clients in that particular stock increases.