Rebels
Well maybe I didn't explain it very well.It's tax we pay but this is very small
Here is an example.
the cost is 24.95 € and the tax on shares is 16.63 € on a total amount of 230 shares of Total .For the rest we don't pay nothing.But as you see the cost on transaction is much higher then in the US or Canada I guess.
U heeft gekocht 230.00 TOTAL(FR0000120271) aan 42.52 EUR
Transactie : Limit (42.52 EUR)
Geldigheid : Day
Tijdstip creatie order : 19/11/2009 11:42:25
Uitvoeringsdatum : 19/11/2009 11:43:50
Plaats van uitvoering : Euronext Paris
Datum van uitvoering :19/11/2009
Bruto bedrag 9779.60 EUR
Kosten 24.95 EUR
9804.55 EUR
Taks op beurstransacties (1.70000 Pro mille) 16.63 EUR
Wissel EUR/EUR 1.000000
9821.18 EUR
Te debiteren bedrag 9821.18 EUR Valuta 24/11/2009
Onder voorbehoud van rechtzetting door de clearing
Volledige vereffening
Here is what we pay per country on transaction cost alone exclusive tax cost.Canada is the highest cost for us.
TARIFFS FOR THE MAIN STOCK EXCHANGE TRANSACTIONS -
Excl. stock market taxes
2.1 STOCK MARKETS - ONLINE
EUROPEAN MARKETS
Euronext Brussels
Per order and per block from 0 to E 2,500 E 7.50
Per order and per block from E 2,500.01 to E 5,000 E 14.95
Per order and per block from E 5,000.01 to E 50,000 E 24.95
Euronext Amsterdam, Paris
Per order and per block from 0 to E 5,000 E 14.95
Per order and per block from E 5,000.01 to E 50,000 E 24.95
Frankfurt (Xetra), Milan (Borsa Italiana), Madrid (Bolsa de Madrid)
Per order and per block from 0 to E 50,000 E 24.95
London (SETS)
Per order and per block from 0 to £ 50,000 £ 29.95*
* + 0.50% stamp duty on buy orders
Switzerland (SIX Swiss Exchange)
Per order and per block from 0 to CHF 50,000 CHF 49.95
Helsinki (OMX)
Per order and per block from 0 to E 25,000 E 39.95
Stockholm (OMX)
Per order and per block from 0 to SEK 200,000 SEK 375
Copenhagen (OMX)
Per order and per block from 0 to DKK 200,000 DKK 300
AMERICAN MARKETS
Nyse , Nasda q, Amex, OTCBB
Per order and per block from 0 to $ 50,000 $ 29.95
CANADIAN MARKETS
TSX, TSX Venture
Per order and per block from 0 to CAD 50,000 CAD 39.95
