Electronic trading systems

PNB TWS trading platform (USA and European markets)

Minimum investment amount                    5000 USD

Country Fee Minimum fee per order
USA (equities/ETFs) *    
- turnover up to 100 000 shares/ETFs month 0,02 USD per share/ETF 15 USD
- turnover from 100 000 to 300 000 shares/ETFs month** 0,015 USD per share/ETF 15 USD
- turnover from 300 000 to 3 000 000 shares/ETFs month** 0,01 USD per share/ETF 15 USD
- turnover above 3 000 000 shares/ETFs month** 0,007 USD per share/ETF 15 USD
Canada (equities) *    
- turnover up to 100 000 shares month 0,025 CAD per share 15 CAD
- turnover from 100 000 to 300 000 shares month** 0,02 CAD per share 15 CAD
- turnover from 300 000 to 3 000 000 shares month** 0,015 CAD per share 15 CAD
- turnover above 3 000 000 shares month** 0,01 CAD per share 15 CAD
Europe (equities) *    
- Germany/France/Netherlands/Belgium/Italy 0,25% of trade value 20 EUR
- UK (LSE, IOB) 0,25% of trade value 15 GBP/25 USD
- Switzerland 0,25% of trade value 25 CHF
- Norway 0,25% of trade value 150 NOK
- Sweden 0,25% of trade value 150 SEK
USA (Bonds)* 0,045% of nominal value 25 USD
Europe (Bonds)* 0,045% of nominal value 20 EUR
USA (futures and options)    
- Futures    
- turnover up to 1 000 contracts month*** 12,5 USD per contract -
- turnover from 1 000 to 10 000 contracts month*** 10,0 USD per contract -
- turnover above 10 000 contracts month*** 7,5 USD per contract -
- CFE Bitcoin (GXBT) 20,0 USD per contract -
- CME Bitcoin (BRR) 30,0 USD per contract -
- Options on futures**** 12,5 USD per contract -
- Options on equities**** 2,5 USD per contract 20 USD

 

* Indicated commissions do not include Stock Exchange and other fees (commissions) occurred when executing clients’ orders; these commissions are paid by the client separately. European FTT (Financial Transactions Tax) in the amount of 0,2% of the transaction value and/or UK ST (Stamp duty) in the amount of 0,5% of the transaction value also paid by client separately. These taxes apply only on purchase of shares/ADRs (American Depositary Receipts). Additionally, the Client pays third-party pass-through charges for transactions with the American Depositary Receipts (ADR): 0,01 USD – 0,03 USD per share (usually charged from the dividends paid).

** Volume tiered commissions are applied based on monthly cumulative trade volume. If for example, you execute 600 000 shares in a month, fees would be: 0,02 USD/share for 100 000 shares; 0,015 USD/share - for 200 000 shares and 0,01 USD/share - for 300 000 shares.

*** Volume tiered commissions are applied based on monthly cumulative trade volume. If for example, you execute 15000 futures in a month, fees would be: 12,5 USD/contract for 1000 futures; 10 USD/contract for next 9000 futures and 7,5 USD/contract for last 5000 futures.

**** Additional fee is charged for option order cancellation and modification – 0,01 USD/contract.

 

Monthly fee for the trading platform PNB TWS * for clients who generate at least USD 100 commissions per month - free of charge for clients with deposits over 100´000 USD - free of charge for clients who generate at less than USD 100 commissions per month - 20 USD * first 3 months - free of charge  

 

Market data PNB TWS Private individuals Legal entities and professionals
US Securities & Commodities Non-Professional Bundle * 10 USD n/a
AMEX + NASDAQ Level I + NYSE level I 10 USD n/a
AMEX  10 USD 24 USD
NASDAQ Level I 10 USD 23 USD
NYSE Level I 10 USD 50 USD
ArcaBook Equities 10 USD 40 USD
ArcaBook Options 10 USD 60 USD
CBOE Futures Exchange Level I 3 USD 7,50 USD
NASDAQ TotalView 15 USD 76 USD
NYSE Open Book Real Time 25 USD 60 USD
OTC Markets Level I (Previously listed as PINK) 3 USD 24 USD
Montreal Exchange Level I 6 CAD free of charge
Montreal Exchange Level II 9 CAD free of charge
Toronto Stock Exchange Level I Professional n/a 67 CAD
Other exchanges (USA, Europe) upon request upon request

 

 

Currency Fee
USD 10
CAD 12
CHF 11
EUR 8
GBP 7
Other CCY upon request

 

 

PNB QUIK trading platform (Russian and Foreign markets)

Minimum investment amount                    5000 USD

Exchange/Instrument Fee Minimum fee
Moscow Exchange (equities/bonds/OFZ) *    
   - monthly turnover up to 15 000 000 RUB 0,15% of trade value -
   - monthly turnover from 15 000 000 up to 30 000 000 RUB 0,12% of trade value -
   - monthly turnover over 30 000 000 RUB 0,08% of trade value -
FORTS (futures/options) * 8 RUB per contract -
Equities (AMEX, NYSE, NASDAQ) 0.02 USD per share/ETF 25 USD
Equities (LSE, IOB) 0.25% of trade value 15 GBP/25 USD
Futures (CME, ICE, CBOT, CBOE) 12.50 USD per contract -
Futures (CME, ICE, CBOT, CBOE) monthly turnover ovet 1 000 contracts 10.00 USD per contract -

 

* Indicated commissions do not include Stock Exchange and other fees (commissions) occurred when executing the client’s orders. These commissions are paid by the client separately. Monthly fee for the platform PNB QUIK  MICEX and FORTS - over 5 deals per month - free of charge MICEX and FORTS - no transactions carried out during a month - 300 RUB Foreign markets – 50 USD Funds withdrawal from PNB QUIK platform account RUB - 300 RUB USD - 25 USD Funds transfer to PNB QUIK platform account - free of charge

 

PNB Trade trading platform (currency exchange operations via InternetBanka)

Service type Fee
Purchase and sale of non-cash currency, including on margin accounts, via PNB Trade platform No fees for transactions*
Monthly fee for the PNB Trade platform free of charge
Funds transfer to the PNB Trade platform account free of charge
Funds withdrawal from the PNB Trade platform account free of charge

 

* Transactions are carried out for the market prices quoted by PNB Banka (i.e. for the prices prevailing in the market at the specified time and available to PNB Banka for performing transactions with counterparties with a limited amount of certain financial instruments). The place of order execution - PNB Banka.

 

PNB MetaTrader trading platform (marginal currency exchange operations)

The minimum amount for execution of transactions (minimum amount of Security Deposit) - 1000 EUR (or equivalent in USD)* * PNB Banka has rights (but not an obligation) to accept also a smaller amount as a Security Deposit.

 

Service type Fee
Marginal currency exchange operations via PNB MetaTrader platform No fees for transactions**
Monthly fee for the PNB MetaTrader platform free of charge
Funds transfer to the PNB MetaTrader platform account free of charge***
Funds withdrawal from the PNB MetaTrader platform - payments within PNB Banka – free of charge - payments to an account in another bank – according to PNB Banka’s fees for execution of payments

 

** Transactions are carried out for the market prices quoted by PNB Banka (i.e. for the prices prevailing in the market at the specified time and available to PNB Banka for performing quoted with counterparties with a limited amount of certain financial instruments). The place of order execution - PNB Banka. *** The indicated fee does not include a fee for money transfer, which can be withheld by the bank from which this transfer is made.