B3 Brazil Fees

Transaction Fees

Product Group Fee
Exchange Fees 0.005%
Execution Fee 0.0025%
Clearing Fee 0.025%

Flat Monthly Fee

Retail Account USD 20
Institutional Account USD 100

Volume Fee 1, 2

Notional of Trade Monthly BRL %Flat Monthly Fee
0-500,000,000 0.0012%
500,000,000.01-1,000,000,000 0.0010%
1,000,000,000.01-2,000,000,000 0.0008%
2,000,000,000.01-3,000,000,000 0.0006%
3,000,000,000.01-5,000,000,000 0.0004%
5,000,000,000+ 0.0003%

Portfolio Position Fees 1, 2

Net Asset Value (BRL) Incremental Fee (% per year)
<20,000,000 0.1%
20,000,000.01-50,000,000 0.08%
50,000,000.01-100,000,000 0.06%
100,000,000.01-300,000,000 0.04%
300,000,000+ 0.02%

Notes:

  1. Fees calculated daily.
  2. Applicable to Institutional accounts only.