Dif Broker

Dif Freedom Commissions
Financing Costs
Portfolio Management

Dif Freedom Commissions

Shares | Forex Options | Contract Futures | CFDs  | Margin Requirements

Shares / ETFs (Exchange Traded Funds)

a) Taxation on UK stocks- For UK stocks, a PTM levy and Stamp Duty may be applicable: A PTM (Panel for Takeovers and Mergers) Levy of GBP 1 applied to buy and sell transactions where the Gross Value of the trade exceeds GBP 10,000 A Stamp Duty is applied on all BUY transactions at the following rate: 0.5 % x Gross Value Trade.

b) Taxation on Swiss stocks – For Swiss stocks, a Stamp Tax of 0.085% is payable on the gross value of the trade.

c) Taxation on Hong Kong stocks – For Hong Kong stocks, a Stamp Tax of 0.109% is payable on the gross value of the trade.

d) Taxation o Singapore stocks 0,04%, with a maximum amount of SGD 600

e) SEC Section of $16,90 per million on US exchange CFD and stock SELL transactions where client orders.

f) To negotiate the Nordic markets is mandatory the subscription of real time prices.

g) Taxation on French stocks - 0.20% tax on the booking of Stock, only for buy trades that fall under the French FTT regulation (read more on www.tresor.economie.gouv.fr).

A.1 – DIF Broker does not provide it’s clients with the negotiation of warrants or second market stocks,

A.2 – For the Dif Freedom’s Platform users, the market commissions, market taxes, are included, such as:

A.2.1. – Stamp duty of 4%, included in Dif Broker’s commissions;

A.2.2. – Trades done in the regulated markets:

- 2€ / trade, included in the commissions.

A.3 – Commission for trading outside the regulated stock exchange - 4%

Shares | Forex Options | Contract Futures | CFDs  | Margin Requirements

Forex Options

Contract Options

 
The Commission is given in the corresponding currency traded market for each transaction (buy or sell) . The cost of Exchanges Fees could vary, depending on the type of contract negotiated even in the same market and is added to the transaction cost.

Shares | Forex Options | Contract Futures | CFDs  | Margin Requirements

Contract Futures

Shares | Forex Options | Contract Futures | CFDs  | Margin Requirements

CFDs: Stocks

CFDs: In other currencies

CFDs: Indices

CFDs: Commodites

CFDs: Currencies

CFDs: Metals

CFDs: Futures

Shares | Forex Options | Contract Futures | CFDs  | Margin Requirements

Margin Requirements: CFDs

DIF Freedom

One World Broker

Financing Costs

CFD Long overnight positions - you pay LIBOR plus 3%
CFD Short overnight positions - we pay LIBID minus 2.5%
(*) – If the rate is negative, then the clients must pay the difference.

CFD Forex Tom/Next Roll
Forex positions will be automatically rolled over each night. Tom/Next swap points are calculated each day.

Note: Prices are subject to market conditions and may be changed without a prior notice.

Borrowing Costs on Short CFD Overnight Positions

A borrowing cost will be applied to short CFD positions held overnight. This borrowing cost is dependent on the liquidity of the stocks and may be 0€ for high liquidity stocks.

The specific borrowing rate for a stock can be seen as the "Borrowing Rate" under "Account » Trading Conditions » CFD Stock/Index Instrument List" in the trading platforms. When selling a CFD, the borrowing cost for holding the position overnight is shown in the CFD Trade module in the "Est. borrowing cost per day" field.

The borrowing rate will be fixed when the position is opened and will be charged on a monthly basis.

Portfolio Management

Sucess Fee - 20%(Charged on the net profits);
Annual Fixed Fee - 3%(This commission is calculated based on the daily account value under management), plus VAT;
Minimum amount to open account - EUR 25,000.00

Clients with tracking portfolio

3% annual, charged monthly, and based on the account value at the last day of the month, with a minimum of €50, plus VAT.

Minimum amount to open account - EUR 25,000.00

Other Commissions

Custody and safekeeping of securities: 4 euros per market/per month, for users of dif Freedom’s Platform; 4bp/year, for customers that do not use the Dif Freedom’s Platform, charged every six months, with €10 minimum/by semester.

Dif Broker will not charge for the simply reception of orders;

Dif Broker will charge a settlement fee of stocks in the international markets, up to € 30 Euros per settle, plus VAT, variable according to the markets, for clients, that do not use the Dif Freedom’s Platform; In the Portuguese Market, and for these clients, there will be a charge of €5 euros to settle these trades, plus VAT.

Annual maintenance rate for account held at Dif Broker and with no movements and still open : € 36, plus VAT;

Withdrawal commission: € 1,25 per Withdrawal.

Comission of transfer in other currencie than Euro: up to 0.30% with min. of € 35. and max. of € 120, plus tax stamp; communication costs charged by financial institutions will be charged to the client;

 US Tax Code Section 1441: For clients that trade on the American market, is charged an annual fee of € 40 plus VAT;

Services Pricing

Bonds

All DIF Broker Fees charged are subject to VAT at the legal rate;

DIF Broker does not charge any commission for currency conversion, where transactions are made in currencies other than the base currency of the account. Currency conversions of trading costs as well as profits and losses from trading activities are done based on the close the rate as of 17:00 New York time.