Fees
Everycharge,beforeyouconfirmanything
Bayse does not take a spread on prices and does not charge an account maintenance fee. These are all the charges that exist.
Thefullfeeschedule
| Charge | Rate | Minimum |
|---|---|---|
| Bayse platform fee | 0.500% | ₦50.00 |
| Broker-dealer commission | 0.750% | — |
| SEC & exchange fees | 0.400% | — |
| VAT on fees | 7.500% | — |
| Withdrawal fee | ₦50.00 | — |
VAT is applied to commission and platform fees, not to statutory exchange charges. Withdrawal fees apply per bank payout.
Aworkedexample
If you buy ₦100,000 worth of shares, this is exactly what leaves your wallet.
- Share value
- ₦100,000.00
- Broker-dealer commission
- ₦750.00
- SEC & exchange fees
- ₦400.00
- Bayse platform fee
- ₦500.00
- VAT on fees
- ₦93.75
- Total charges
- ₦1,743.75
- Total debited from your wallet
- ₦101,743.75
When you sell, the same charges are deducted from the proceeds instead of added to the cost. Withdrawing to your bank costs ₦50.00 per payout.