Fees and Tariffs
Annex 3 - Fees and Tariffs Schedule to the Regulation on Provision of Brokerage (Agency) Services on the Securities Market
General Provisions
Title Broker International Ltd. (“Company”) charges the Client fees and tariffs at the rate indicated herein for the transactions executed on his/her trading account solely in connection with Regulated Activities carried out by the Company within the scope of its authorisation under License No. AFSA-A-LA-2022-0022 and in accordance with applicable AIFC legislation, by way of direct withdrawal from the Client’s account. The fees and tariffs set out in this Annex do not constitute an offer or an obligation on the part of the Company to provide any service or execute any transaction. The Company has the right to agree on different fees and tariffs for the indicated transactions with each Client individually on a discretionary basis, subject to internal approval procedures and applicable AIFC requirements. Any amendments to the applicable fees and tariffs shall be applied prospectively and shall enter into force from the date determined by the Company, subject to prior notification to the Client in accordance with the Regulation.
Tariffs
Individual tariff plan Individual tariff plans may be applied in special cases upon the Company’s approval. The Company reserves the right, at its sole discretion, to determine the applicability, duration and conditions of any individual tariff plan.
Commission for securities transactions on exchanges (AIX and KASE)
0.05% of the turnover (+ exchange fees), at least 1 MCI per order.
Digital Assets (Professional Clients only)*
Fees for transactions in Digital Assets apply exclusively to Professional Clients and only where such transactions are permitted under the Company’s license and applicable AIFC rules. The Company does not provide Digital Asset services to Retail Clients. With a turnover of up to 1,000,000 US Dollars – 1.75% of the turnover; With a turnover from 1,000,000 to 5,000,000 US Dollars – 1.5% of the turnover; With a turnover of over 5,000,000 US Dollars – 1% of the turnover.
Over The Counter (OTC)
For turnover up to US Dollars 1,000,000 – 1% of the turnover; For turnover from US Dollars 1,000,000 to US Dollars 5,000,000 – 0.5% of the turnover; For turnover exceeding US Dollars 5,000,000 – 0.25% of the turnover.
Commission for repo transactions on the KASE exchange
1% percentage point of the placement rate.
Commission for transactions with shares on foreign exchanges
Funding of sub-accounts for trading on foreign markets in Russian rubles and US dollars 0.3% of the funding amount Withdrawal of funds from a sub-account 0.4% of the withdrawal amount
USA (NYSE/Nasdaq):
0.005 US Dollars per share + 0.15% of turnover, minimum 1 USD per trade.
Europe (LSE/Xetra/Euronext):
0.3% of the turnover, minimum US Dollars 10 per trade.
Asia (TSE/SEHK):
0.4% of the turnover, minimum US Dollars 10 per trade.
Commission for derivatives at (CME/CBOE/ICE) (Professional Clients Only)*
Fees for derivatives transactions apply exclusively to Professional Clients. Transactions in Options, Futures, Contracts for Differences (CFDs) and similar instruments are not available to Retail Clients in accordance with the Company’s license.
Futures
1.5 US Dollars per contract.
Options
3 US Dollars per contract.
Bonds
0.3% of the turnover, minimum US Dollars 10 per trade.
Transfer of assets (Bonds) to the Company
0.5% of the total par value of the securities multiplied by the number of securities (minimum 1 MCI)
Transfer of assets (Bonds) from the Company
0.5% of the total par value of the securities multiplied by the number of securities (minimum 1 MCI)
Transfer of assets (Any securities, except for bonds) to the Company
0.5% of the closing price* of the security multiplied by the number of securities to be credited, but not less than 7 MCI for the execution of each order to credit securities
Transfer of assets (Any securities, except for bonds) from the Company
0.5% of the closing price* of the security multiplied by the number of securities to be debited, but not less than 50 (Fifty) US Dollars for the execution of each order to debit securities (minimum 7 MCI)
Cancellation of order
Cancellation of the order due to incorrectly specified banking details – 1 MCI
Issuance of accounting documents
Issuance of accounting documents from a personal account (statement of personal account, statement of securities and cash flows):
Free -1 time per month
At the request of the client – 1 MCI (for per report) Issuance of accounting documents with historical data (over 3 months) – 2 MCI.
Depositary receipts
Conversion of depositary receipts into shares and vice versa - 75 tenge for every 100 depositary receipts (minimum 2 MCI)
Document recovery
100 tenge for each sheet of the document
Client account management fee
0.6% per annum of the par value of assets (Bonds)/closing price* on the last day of the month (any securities except Bonds)
Currency conversion (ancillary to Client transactions)
Where currency conversion is required solely for the purpose of executing a Client’s transaction, such conversion shall be carried out only as an ancillary and technical step related to the execution of such transaction. The Company does not provide standalone currency exchange or money services and does not act as a foreign exchange dealer. The fee for such currency conversion shall be 0.25% of the exchange rate applied at the time of conversion, which may be determined by the Company or a relevant counterparty to the transaction.
Third Party Fees
All third-party fees (including exchange fees, counterparty fees, bank commissions, conversion fees, and safekeeping fees) incurred in connection with Client transactions shall be rebilled to the Client in full and may be debited from the Client’s account by the Company in accordance with these Regulations, without the need to obtain separate confirmation from the Client for each such debit upon receipt of invoices/writing off funds from the Company’s account by counterparties. The Company shall not be responsible for the amount or changes of such third-party fees. Other services provided by the Company may be agreed upon with the Client separately, by signing a relevant supplementary agreement. * For the purpose of calculating the fee, the closing price of securities determined by the Exchange as of the closest date preceding the date of registration of the relevant order is applied. If the closing price cannot be determined, the current market price shall be used.