Resources

Commissions & Fees.

Transparent pricing for every product. Total trading cost = Broker + ESX + ECMA.

Brokerage Commission Fees

Transparent pricing — every trade, every product.

Equity · Main & Growth market
1.6%
Negotiable to 1.4%
OTC / unlisted market
2%
Mutual Funds & ETFs
1.6%
Corporate Bond
0.1%
GoE Treasury Bills
0.1%
GoE Treasury Bonds
0.1%
Commercial Paper
0.1%
Sub-National (State & Local) Bonds
0.1%
Sukuks
0.1%
Portfolio Transfer Out
ETB 500

Ethiopian Securities Exchange (ESX) Transaction Fees

Set by ESX. Passed through at cost.

Equity · Main & Growth market
0.36%
OTC / unlisted market
0.5%
Mutual Funds & ETFs
0.36%
Corporate Bond
0.021%
GoE Treasury Bills
0.021%
GoE Treasury Bonds
0.021%
Commercial Paper
0.021%
Sub-National (State & Local) Bonds
0.021%
Sukuks
0.021%
Interbank Money Market / Repo
TBD

Ethiopian Capital Market Authority (ECMA) Fees

Regulator fees. Passed through at cost.

Fixed Income Securities
0.005%
Shares
0.15%