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Stocks FAQ

bunq

Hey bunqers 🌈

Our Stocks Beta FAQ guide is designed to tackle the most common questions about the Stocks Tab, giving you a clearer picture and a confidence boost as you kickstart your investment journey.

Which financial products can I invest in?

You can invest in a wide range of carefully selected financial products. This includes stocks and Exchange-Traded Funds (ETFs). More details can be found here.

Which account will be used for my trades and fees?

Trades and fees will be deducted from the Bank Account you use to buy/sell your stocks. You can always change the preferred Bank Account by following these steps:

Go to 📈 Stocks
Tap on the Stock you want to buy/sell
Tap on Buy/Sell
Indicate the amount you want to buy/sell
Tap on the Bank Account right above the Buy/Sell button and change the Bank Account

Weekly portfolio

Every Monday, you'll get a push notification with your weekly portfolio update. Tap to see how your portfolio performed in the last week. You can find all past portfolio updates in 📈Stocks tab under Portfolio. Your update includes a report of your deposits, AutoSave contributions, portfolio growth, and dividends - everything you need at a glance!

How can I stop sharing Stocks purchases with friends?

By default, your Stocks purchases are visible to your friends and vice versa. However, we value your freedom of choice so you can disable this at any time. Here’s how you can do it:

Go to the 📈 Stocks tab
Tap on ⚙️ Settings
Disable the “Stocks Bought by Friends” toggle

How do I receive dividends?

If you own a stock or ETF that gives out dividends, these will be automatically deposited into the Bank Account you've selected. If you want to change it, follow these steps:

Go to 📈 Stocks
Tap on ⚙️Settings
Tap on Paid to under Dividends
Change with a preferred Bank Account

Why can’t I buy or sell a specific stock or ETF?

During periods of significant market volatility or when certain announcements greatly impact the price of one or more stocks, the Exchange Supervisory Authority has the power to stop the ability to trade certain stocks.It can also be the case that a stock has ongoing corporate actions that means it needs to halt trading.

What is the “Annual Cost” I see on an ETF?

The "Annual Cost" you see associated with an Exchange Traded Fund (ETF) is also referred to as the Total Expense Ratio (TER). It’s a fee that the provider of an Exchange Traded Fund (ETF) charges for managing the ETF portfolio. You don't need to pay this fee and worry about setting funds aside for this fee. Instead, it's automatically deducted by the ETF provider. It's important to note that the Annual Cost can impact the overall returns on your investment.

How does tax payment work?

You’ll receive a tax statement at the beginning of the following year. This statement includes the capital gains you earned, which need to be declared in your tax return.

Keep in mind that most of the French, Italian and Spanish stocks have a government-mandated tax applied. The Financial Transaction Tax (FTT) tax will be deducted every time you buy these stocks. You will see it in the app before you confirm a purchase. More details on the FTT tax can be found here.

Note: Please be aware that both bunq and Ginmon don’t hold responsibility for the submission of your tax return. This is a task that you must undertake yourself, adhering to the deadlines set by your country of residence. Further information can be found here.

Are my investments secured?

Your investments are securely stored in a separate securities account managed by Upvest Securities, a custodian regulated by the German Federal Financial Supervisory Authority.

This separate account ensures that your investments are legally safeguarded and kept distinct from the bank's own assets. This means that even in the unlikely event of the bank facing financial challenges or insolvency, your investments remain secure and unaffected. This setup provides a high level of protection for your investments.

Good to know

bunq doesn't give trading advice.
Manage stocks at your own risk.
bunq Stocks is managed through our trading partner Ginmon.