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
Can I know the details about Grand Markets fees?
Sanjay sirohi
07-13
Are there any commission fees?
Rojas
08-09
What are the detailed fees of the Genesis broker?
LoukiaCharilaou
06-19
Can I know the details about IKON Menkul fees?
Serious74
06-25
What is the minimum spread I can get with VPFX?
Mansuber007
07-28