Skip to main content

What are the investment fees

Understand the costs associated with your Wealth account

Updated this week

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.

Did this answer your question?