Your account with Internaxx includes a whole host of free benefits :
|Hold up to 9 currencies for no extra charge|
|Real-time quotes across 18 exchanges|
|Exclusive Morningstar equity research worth €199 a year|
|Trading ideas and technical analysis from Trading Central|
|No initial charges on 900+ funds|
|Portfolio X-Ray and Selector tools to find the right investment|
Account maintenance Fees
As an international investor, you’ll find the added value offered by an Internaxx account hard to match. The more you trade the less you pay!
Internaxx charges no custody fees.
|12 trades or more in the previous 3 months (Active Traders)||FREE|
|1 to 11 trades in the quarter||€25|
|No trades in the quarter||€45|
Forex trades do not count as qualifying trades.
Currency exchange and trades settled in a different currency
Transaction value in GBP or currency equivalent
|15,000 – 50,000||0.50%|
|50,000 – 250,000||0.40%|
Applicable spread will apply for each portion of multiple-fill stock trades.
Incoming transfers and payments
|Bank Transfer||free*||same day value|
* Internaxx Bank does not charge any fees of its own but any correspondent bank fees shall be borne by the client.
Outgoing transfers and payments
|Bank Transfers in an EU currency to a member state of the EU plus Iceland, Norway, Switzerland and Monaco (under € 50,000)||free*||execution day**|
|Other transfers||€ 10***||execution day**|
* For payments under € 50,000 made to SEPA-Zone countries (member states of the EU, Iceland, Norway, Switzerland, Monaco) with completed beneficiary IBAN and BIC details where fees are shared between the sender and the beneficiary. Otherwise, payment will be charged € 10.
** Instructions confirmed before 11 am CET on a weekday will be processed on the same day. Instructions confirmed after this time will be processed the following business day at the latest. Please send your instructions directly via your online account under the “Payments/Transfers” option.
*** Please note that intermediary banks may charge additional fees, which will be outside Internaxx’s control.
|Transfers between Internaxx Bank accounts||free||execution day*|
* Transfers between Internaxx Bank accounts may take up to 24 hours to complete.
|Receipt of securities from another institution||free (no Internaxx Bank commission)|
|Transfer of securities to another institution||€ 25 per position|
Please note we do not deliver securities in physical form, and certain transfers may take several weeks to complete.
|Fractional entitlements from a corporate action||up to € 10|
|Credit of tax adjustments from a corporate action||up to € 10|
|Account closure fee||up to € 10 (if account balance is less than € 10)|
|Money/investments credited to a closed account||up to € 10|
|Phone trading||Web commission plus €20 per trade|
|Corporate Account Fees||€500 per annum|
|Additional Work Requests||€50 (first hour) and €30 (subsequent hours)|
Internaxx reserves the right to charge a dormancy fee for the management of inactive accounts. If you don’t use your account for more than 24 months, meaning there have been no transactions nor contact, Internaxx may charge EUR 150 every 6 months. You will be notified of this one month in advance by email and offered the option to reactivate your account to avoid the charge. Account maintenance fees will be charged on a pro-rata basis upon account closure.