Luminor Trade platform
Share and ETF trading commissions:
American Stock Exchange, when value of one share is below 10 USDUSD 0.015 per share, min. USD 14
American Stock Exchange, when value of one share is above 10 USDUSD 0.018 per share, min. USD 14
Euronext Amsterdam, Euronext Brussels0.1% of Trade amount, min. €10
NASDAQ OMX Copenhagen, NASDAQ OMX Copenhagen (First North)0.1% of Trade amount, min. DKK 29
Deutsche BORSE (XETRA), NASDAQ OMX Helsinki, Euronext Lisbon, Borsa Italiana/Milan Stock Exchange0.1% of Trade amount, min. €10
London Stock Exchange (IOB)0.1% of Trade amount, min. USD 14
London Stock Exchange0.1% of Trade amount, min. GBP 7
NASDAQ, NASDAQ (Small Cap), New York Stock Exchange, New York Stock Exchange (ARCA), when value of one share is below 10 USD0.015 USD per share, min. USD 14
NASDAQ, NASDAQ (Small Cap), New York Stock Exchange, New York Stock Exchange (ARCA), when value of one share is above 10 USDUSD 0.018 per share, min. USD14
OTC Markets group (Pink Sheets), OTC Bulletin Board, when Trade amount is below 50'000 USDUSD 25
OTC Markets group (Pink Sheets), OTC Bulletin Board, when Trade amount is above 50'000 USD0.15% of Trade amount, min. USD 25
Oslo Stock Exchange0.1% of Trade amount, min. NOK 62
Euronext Paris, BME Spanish Exchanges, Vienna Stock Exchange0.1% of Trade amount, min. € 10
NASDAQ OMX Stockholm, NASDAQ OMX Stockholm (First North)0.1% of Trade amount, min. SEK 62
SIX Swiss Exchange, SIX Swiss Exchange (Blue-chip)0.1% of Trade amount, min. CHF 15
Hong Kong Exchange0.15% of Trade amount, min. HKD 140
Custody fees for stocks and ETFs: (1)
Stocks0.01% of the amount, min. €0.50 per month
ETFs0.01% of the amount, min. €0.50 per month
Security transfer:
Security transfer from other bank/ broker to Luminor Trade PlatformFree
Security transfer from Luminor Trade platform to other bank/ broker€30 per ISIN
Fee for U.S. source income reporting to IRS (2)USD 90
W-8BEN-E form processing and certification for US market access in Luminor Investor and Luminor Trade platforms35 USD or €30
Interest for negative cash account balance in Luminor Investor and Luminor Trade platforms8% per annum (3)
Subscription for real time data in Luminor Investor and Luminor Trade platformsPrices available in the platform

(1) The custody fee will be calculated daily using the end of day portfolio values and charged on a monthly basis (excluding VAT where applicable). For any currency conversions to EUR, our partner SAXO bank uses market spot exchange rate adding 0.5% margin on top. A spot exchange rate is the current price level in the market to directly exchange one currency for another, for delivery on the earliest possible value date which is provided by most Electronic Communication Network (ECN) brokers (e.g. Reuters).
(2) The detailed information on the Annual withholding tax on income earned in USA, can be found here.
(3) Interest on the negative Luminor Investor and Luminor Trade cash account balance is calculated at the rate of the current interbank ask rate, plus fixed additional interest rate of 8%. Interest is deducted at the beginning of the month for the days of the previous month when account had a negative cash balance.

More information about Luminor Trade can be found here.