Q&A with Apricot: What Are the Costs Associated with Investing?

Investing is a powerful tool to grow your wealth, but it’s important to understand the costs involved. Let’s break down the common fees and expenses you might encounter:

1.  Commissions:

• What they are: Fees charged by brokers for executing buy or sell orders on your behalf.
• How they vary: Can be a flat fee per trade or a percentage of the transaction value.
• Apricot Capital’s approach: We offer low commissions starting from the equivalent of 1 USD in AMD, helping you keep more of your returns. Find our fees here.

2.  Account Maintenance Fees:

• What they are: Fees charged annually or monthly for keeping your brokerage account open and active.
• How they vary: Can be a flat fee or can be waived.
• Apricot Capital’s approach: We believe in making investing accessible, so we don’t charge any yearly maintenance fees.

3.  Withdrawal Fees:

• What they are: Fees for transferring money out of your brokerage account.
• How they vary: Can be a flat fee, a percentage of the transaction value or waived.
• Apricot Capital’s approach: We don’t charge any withdrawal fees for transfers to Armenian bank accounts.

Other Potential Costs:

• Inactivity Fees: These fees are charged if your account remains inactive for a certain period (e.g., no trades or deposits). It’s important to be aware of this if you plan to hold investments for the long term without frequent trading.
• Apricot Capital’s approach: We don’t charge any inactivity fees.
• Fund Expense Ratios (For ETFs): These are annual fees charged by the fund manager for managing the fund’s investments. The expense ratio is expressed as a percentage of the fund’s total assets.

Making Informed Decisions:

• Do your research: Compare fees across different brokers before opening an account.
• Factor fees into your overall strategy: High fees can eat into your returns over time.
• Choose a broker that aligns with your needs: Look for transparency and competitive pricing.

At Apricot Capital, we are transparent about our fees and keep them as low as possible. We want you to focus on growing your investments, not worrying about hidden costs.

Ready to Grow Your Capital?

Apricot Capital offers the possibility to invest in a variety of investment options. Open a brokerage account for free with Apricot and start building your wealth. No minimum deposit requirement, free yearly servicing, low commissions. Download our Apricot app from the  App Store or Google Play. 

Want to learn more about investing? Check out other articles in our Q&A series, Glossary and Apricot talks: the smart investor’s podcast.

It’s important to remember that investments are subject to market fluctuations and carry inherent risks. Consider your financial goals and risk tolerance before investing. 

Apricot Capital is regulated by the Central bank of Armenia.

*The examples in this text are for illustrative purposes only. This does not constitute investment advice or a recommendation to buy or sell any specific investment instrument. The past performance mentioned in this text is not indicative of future results.