To help you invest using a low-cost, well-diversified portfolio we provide a broad range of carefully selected Exchange Traded Funds (ETFs) in which you can invest without transaction costs.
If you do find that you are being charged transaction fees, even though the ETF for which you want to place an order is part of this Core Selection, this is probably because your order does not meet the requirements of the Fair Use Policy that applies to this offer.
Every calendar month, the first trade executed in an ETF of the "Free ETF Core Selection" is free of charge regardless of size and direction as long as it does not lead to a short position. The following trades made in that same instrument during the same calendar month will also be free as long as:
- The trade is in the same direction (i.e. buy/sell) as the first trade made that month in that instrument
- The order value is greater than 1000 EUR (or USD)
As soon as an opposite trade is executed in the same instrument within the same calendar month, the rule no longer applies to that instrument, and regular fees will be charged. Please note that some ETFs may be listed on multiple exchanges and that it is only the exchange listed that is commission free.
For more information, an overview of the Core Selection, and some examples with regard to the Fair Use Policy, click here.