Account opening, maintenance, account closure
Free of charge
Free of charge
Minimum assets under management
0
0
Account funding
Free of charge
Free of charge
1. To banks in the Republic of Armenia
0.2% of amount, min 20,000 AMD, max 120,000 AMD
Free of charge
2. To banks outside the Republic of Armenia
0.2% of amount, min 20,000 AMD, max 120,000 AMD
0.2% of amount, min 20,000 AMD, max 120,000 AMD
1.Purchase and sale of securities (Bonds, Shares, Fund shares, Notes, Depositary receipts):
0.15% of trade amount, min 90,000 AMD
0.15% of trade amount, min 25,000 AMD
2. Securities issued in the RA (including those traded on AMX (Armenian Stock Exchange)):
- Fixed income (excluding Armenian Eurobonds)
0.15% of trade amount, min 90,000 AMD
- Fund shares
Free of charge
- Other securities
0.20% of trade amount, min 90,000 AMD
- Fixed income (excluding Armenian Eurobonds)___
0.10% of trade amount, min 10,000 AMD
- Fund shares___
Free of charge
- Other securities___
0.20% of trade amount, min 10,000 AMD
3. Russian securities
0.40% of trade amount, min 90,000 AMD
0.40% of trade amount, min 90,000 AMD
Purchase and sale of derivatives:
1. Over-the-counter market
0.10% of trade amount, min 10,000 AMD
2. Exchange market
0.10% of trade amount, min 10,000 AMD
1. Over-the-counter market
0.10% of trade amount, min 10,000 AMD
2. Exchange market
0.10% of trade amount, min 10,000 AMD
Derivatives expiration
Free of charge
Free of charge
Asset cash-in and cash-out
contractual terms
contractual terms
Performance fee
contractual terms
contractual terms
Management fee
contractual terms
contractual terms
Primary placement organization
contractual terms
contractual terms
1. Organized by the Broker
Free of charge
Free of charge
2. Organized by third parties (only when the Broker independently joins the placement and resells securities purchased from the placement organizer).
Free of charge
Free of charge
Account opening, maintenance, and closure
Free of charge
Free of charge
Securities deposit to the account upon the Client’s instruction
Free of charge
Free of charge
Securities withdrawal from the account upon the Client’s instruction
0.20% of market value, min 100,000 AMD
0.20% of market value, min 100,000 AMD
1. Securities issued in the Republic of Armenia
0.05% per annum
0.015% per annum
2. Armenian Eurobonds
0.05% per annum
0.015% per annum
3. Foreign liquid securities (excluding Russian or those subject to segregated accounting)
0.15% per annum
0.10% per annum
4. Russian securities
0.40% per annum
0.40% per annum
5. Securities subject to segregated accounting
0.40% per annum
0.40% per annum