Global Broker Regulation Inquiry App
WikiFX
marcustan 
1-2 years
What are the fees for Banyo’s trading products?
Broker Issues
Fees and Spreads
07-10
United States
WikiFX
Reply
Banyo’s fees vary depending on the product. For example, the application fee can be up to 3.85% of the NAV, while custody fees are charged annually at up to 2.20%. Redemption fees are up to 0.5% of the NAV. As stated in a Banyo review, these fees can differ based on the type of asset you are trading, so it’s important to confirm the specific fees for each product before engaging in Banyo trading. Understanding these fees is key to managing your trading costs effectively.
Similar Questions
Are there any hidden fees when trading bonds with First Securities?
Bhavani Durga K
06-21
Does ATG charge a commission for each lot traded on their ECN or raw spread accounts?
helpneeded
09-02
Are there any commissions at XPO FUND?
Yousef47
04-19
Are there any hidden fees at RRR Capital?
Bhavani Durga K
07-24
What are the fees at Libertex?
MarceloD
05-13