Investing in complex securities requires knowledge and involves risk due to price fluctuations. If proper risk management is not used when trading, you may lose some or all of your invested capital.

BlackBull Invest fees explained

BlackBull Invest offers simple pricing for investing in U.S., Australian, and New Zealand shares. The fee you pay depends on the market you’re investing in.

U.S. shares

  • USD $2 per trade for orders of up to 200 shares.

  • Additional shares are charged at USD $0.01 per share.

Australian shares

  • AUD $5 minimum brokerage for trades up to AUD $5,000.

  • Trades above AUD $5,000 are charged at 0.10% of the trade value.

New Zealand shares

  • NZD $15 minimum brokerage for trades up to NZD $10,000.

  • Trades above NZD $10,000 are charged at 0.15% of the trade value.

FX conversion fee

If you buy shares in a different currency to your available cash balance, a currency conversion is required.

  • FX conversion fee: 0.34% of the converted amount.

  • A minimum FX fee of USD $2 applies.

Notes

    • Brokerage fees are charged each time you buy or sell shares.
    • FX conversion fees only apply when a currency conversion is required.
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