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Does Vest charge fees?
Does Vest charge fees?
Updated over 7 months ago

Here at Vest we strive for the greatest possible transparency with our users. Please bear the following information in mind:

  • Vest does not charge brokerage. This means that you can buy and sell your assets without fees.

  • Maintenance fee of $5 USD charged at the end of each quarter, only if you do not make a deposit within this period of time.

  • International withdrawal fees are a minimum of 0.25 USD (ACH) and a maximum of 35 USD (Wire).​

Important:

  • FacilitaPay is a financial institution and our partner that facilitates the funding of your investment account.

  • DriveWealth is an American brokerage agency and our partner that facilitates the custody of our clients' investment accounts in the USA.

    Complete pricing table below:

Fee

Amount

Trading / brokerage fee

0%

Account maintenance fee

US$ 5 applies to investors who do not make any deposits during the quarter.

Incoming Pix or TED transfer fee for transactions in Brazil (deposit)

US$0

Outgoing Pix transfer fee for transactions in Brazil (withdrawal)

US$0

Foreign exchange (FX) spread (only for transactions in Brazil)

1.85% of the FX rate (Pix and TED)

IOF (federal tax charged only for deposits and withdrawals in Brazil)

0.38% for the FX rate (Pix and TED)

Incoming wire transfer fee

US$0, but please be aware that your bank might charge a withdrawal fee

Outgoing ACH transfer fee (withdrawal)

US$0.25

Outgoing US wire transfer fee (withdrawal)

US$25

Outgoing non-US wire transfer fee (withdrawal)

US$35

Portfolio transfer from another brokerage firm to Vest (incoming)

US$0 per account, via ACATS

US$35 per position, via DTC

US$55 per position, via DRS

US$130 per position, via DWAC

Portfolio transfer to another brokerage firm from Vest (outgoing)

US$65 per account, via ACATS

US$35 per position, via DTC

US$55 per position, via DRS

US$130 per position, via DWAC


Securities trading is offered through Northbound Securities LLC.

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