Frankfurt Stock Exchange
Xetra and Scoach
The largest exchange in the Eurozone – Frankfurt Stock Exchange – is now available to a wide range of traders and investors! As full-fledged members of all Deutsche Boerse trading segments, we are pleased to offer direct access to more than 360,000 securities listed on Germany’s primary exchange. Trading is performed through TRANSAQ, Russia’s popular trading platform.
Why Finam?
- Direct access to Xetra and Scoach from a Frankfurt Stock Exchange-registered broker company
- Wide array of securities and great chances for you to earn money
- Spot derivatives (warrants, certificates, etc.) and structured products
- Opportunity to implement any trading strategy
- Russia ’s most popular trading platform - TRANSAQ
- Trading in Russian and German securities trough a single platform
- Algorithmic trading in Frankfurt-based stocks and derivatives
- Margin trading
- Russian- and English-language support.
You can trade in Frankfurt:
- Stocks of German and international companies
- ADRs/GDRs of Russian issuers (Alfa-Bank, Sberbank, Gazprom, etc.)
- Exchange Traded Funds (ETFs);
- Corporate bonds
- Derivatives and structured products.
Enjoy the advantages of being an active trader!
you pay even less commission on every trade!
Based on your trading volume, we are ready to offer lower fees on securities transactions:
| ADRs/GDRs, ETFs, warrants and certificates on Xetra and Scoach | Commission fee for order executed |
|---|---|
| Commission plan INVESTOR | EUR 4.00 plus 0.19% |
| Commission plan TRADER (over 25 trades executed per month) | EUR 3.00 plus 0.09% |
Attention: Lower commission fees are applicable only to transactions made after the commission plan was switched. Commission plan is switched on client’s request. Commission fee for bond trading is EUR 4.00 plus 0.25%. Additional fee for voice and e-mail orders or trading floor orders – EUR 5.00.
Compare Finam with other brokers!
Commission fees:
| Broker | Fee |
|---|---|
| E-Trade | 0.15%, EUR 9.95 minimum |
| Deutsche Bank / maxblue | 0.25%, EUR 7.90 minimum |
| Cortal Consors | 0.25%, EUR 9.95 minimum |
| comdirect | 0.25%, EUR 9.90 minimum |
| Commerzbank | 0.80%, EUR 19.92 minimum |
| ING-DiBa | 0.25%, EUR 9.90 minimum |
| Saxobank | 0.10%, EUR 20.00 minimum |
| Finam | 0.09% + EUR 3.00 |
Client trading costs:
| Broker | Purchase of Volkswagen stocks for EUR 1,000.00 | Purchase of put warrant on Hong Kong HSCEI Index for EUR 2,000.00 |
|---|---|---|
| E-Trade | EUR 9.95 | EUR 9.95 |
| Deutsche Bank / maxblue | EUR 7.90 | EUR 7.90 |
| Cortal Consors | EUR 9.95 | EUR 9.95 |
| comdirect | EUR 9.90 | EUR 9.90 |
| Commerzbank | EUR 19.92 | EUR 19.92 |
| ING-DiBa | EUR 9.90 | EUR 9.90 |
| Saxobank | EUR 20.00 | n/a |
| Finam | EUR 3.90 | EUR 4.80 |
* commission plans of other brokers can be changed without prior notice to us
Margin trading:
- 1:4 within a trading session
- 1:2 when positions are carried overnight
Rates charged for the use of borrowed funds and securities:
| Intraday: | |
|---|---|
| Long positions | Free of charge |
| Short positions | EUR 50.00 charged for a short position to be opened in shares of each issuer (ISIN) |
| Positions carried overnight: | |
| Long positions | 9% per annum |
| Short positions | naked short sales are banned by German regulator |
Short transactions are subject to regulation by German authorities. Margin trading is offered by third parties.
Alternative ways for implementing "bearish" strategies (ETF short, put warrants, etc.) are not regarded as short positions and do not incur the EUR 50.00 charge. The list of securities available for margin trading includes all blue chips (DAX, MDAX , TecDAX and Euro Stoxx 50), and may be expanded per client’s request.
Other Costs
- Open or close an account: free of charge
- Custody services: free of charge
- Clearing services: free of charge
- Securities transfer: upon request, max. EUR 200
- Taxes: in Germany, dividends and mutual fund payments are taxable at the rate of 26.375%
- Cost of the TRANSAQ platform with Level II quotes:
- EUR 10.00 a month for individuals
- EUR 60.00 a month for professional market participants
Do you have any questions about trading terms and opening an account?
E-mail: imarkets@finam.eu
