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What are the investment fees

Understand the costs associated with your Wealth account

Updated over 3 weeks ago

We don't charge transaction fees

We don’t charge any fees for the following:

  • Buying or selling an asset

  • Funding your Wealth account

  • Withdrawing funds from your Wealth account

We do charge an annual management fee

We charge only a 0.01% annual fee on your average yearly portfolio balance, starting one year after your account is created. For example: if your average portfolio value is $10,000, you’ll pay just $1 per year.

Regulatory fees (we cover them for you!)

There are two standard regulatory fees applied when you sell a US security. But don’t worry, DolarApp covers 100% of these fees on your behalf.

These fees are charged by:

  • SEC (Securities and Exchange Commission): $27.80 for every $1,000,000 sold

  • FINRA (Financial Industry Regulatory Authority): a Trading Activity Fee (TAF) of $0.000166 per share, with a minimum of $0.01 and maximum of $8.30

Since DolarApp absorbs these costs, you never have to worry about them when executing a sale.

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