Why Is Vest Changing Its Commission Model?
At Vest, our mission is to be your partner in building financial freedom. To fulfill this promise, we're heavily investing in innovation, launching the Digital USD Card, Vest AI, the advanced Data Center, and much more.
To maintain this pace of innovation, accelerate the growth of our team, and better support our most loyal customers, we're introducing Vest Points, our membership program that replaces the current quarterly commission model.
What Are Vest Points?
Vest Points is our new membership program designed to give you control over your investing experience.
Instead of a quarterly maintenance fee, you now have the opportunity to achieve a zero fee ($0 USD) every month simply by completing key activities within the platform.
When Does the New Model Take Effect?
The new commission model will go into effect on November 7, 2025. You must remember two key elements:
Point Accumulation: You'll earn points by completing key actions on Vest. You can start accumulating points today.
First Charge: The first monthly fee will be applied on November 7, 2025, and will be based on the points you have accumulated from today until that date.
How does Vest Points work?
The goal of Vest Points is simple: earn 100 points per month to use Vest commission-free.
100 Vest Points = Zero Fee ($0 USD)
Points Earned | Monthly Charge |
100 Vest Points or more | $0 USD (Commission-free) |
1 – 99 Vest Points | $2 USD charge |
0 Vest Points | $3 USD charge |
How Do I Earn 100 Monthly Points?
There are several easy ways to reach 100 points:
Earning Criteria | Points |
|
Maintain an account balance of $5,000 USD or more | 50 Vest Points | These points renew monthly if you maintain the required balance. |
Enroll in the Fully Paid Stock Lending (FPSL) program | 50 Vest Points | These points renew monthly as long as you remain enrolled.* |
Refer a friend who opens and funds their account | 50 Vest Points per friend | In this case, points accumulate. If you refer four friends who deposit funds, you'll earn 200 points (2 months commission-free). |
Make total deposits of $20 USD or more in a month - This applies to accounts with a portfolio of less than $5,000 USD.
| 50 Vest Points | You can sum up several small deposits to reach $20 USD. Important: You will only receive a maximum of 50 points per month for deposits, regardless of the total amount deposited. |
Note: The FPSL program isn't as complicated as it sounds. [Read here for more details] on how it works and its benefits.
Other Vest Points Considerations
Fee Waiver (Freebie): You will have one Fee Waiver (Freebie) every semester. You can activate it in the Vest Points Center, and it will allow you to skip one month's commission.
Point Management: The new "Vest Points" section will be available in your Vest app starting in November, where you can view your point balance and ways to earn more.
(*) An exception is made if you requested adherence to the program and, due to operational, regulatory and risk criteria, you are not eligible, in which case you will receive the 50 points. This can be avoided if your criteria change.