bunq Together

Stocks transaction fee

marcozima

I have been looking forward for bunq to support trading stocks. However there are 2 major barriers for me to really adopt it:
1) transaction fee at 0.99% is really high without a cap, even 0.45% for me as XL account! In my current bank it may be similar but capped at 19€/transaction and can get to 9€ based on the number of transactions.
2) Stocks and ETF selection is extremely limited, probably this is a starting point? I have several ETFs and none of them are listed currently…

Suggestion: update the transaction fee only for XL users adding a cap of 10€ maximum and to keep it active you may add a check for those who make at least 1 transaction per month / 12 per year cumulated.

What do you think?

thijsoost

Marco In my experience, it's better to trade with a specialized broker than through your bank

marcozima

It is true that traders are a very good choice for heavy investors. However if your bank has reasonable fees it may be an just simpler to keep all your finances in one place. For sure bunq is not competitive at all even in respect to other banks, which is a pity.