Regulations
- 1. Account Maintenance and Transfers (in effect from 19.01.2026)
1.1․ Account opening
Free of charge 1.2. Account maintenance Free of charge 1.3. Provision of statements, references and extracts 1.3.1. Daily, monthly and quarterly2 Free of charge 1.3.2. Provision of non-standard statements, references and extracts (Regardless of having an account at "Apricot Capital" CJSC) 1.3.2.1. RA residents AMD 20,000 (one statement, reference or extract is provided free of charge if a securities sale-purchase transaction is made on the Client's account within 30 calendar days prior to the provision date) 1.3.2.2. RA non-residents USD 50 or equivalent other currency (one statement, reference or extract is provided free of charge if a securities sale-purchase transaction is made on the Client's account within 30 calendar days prior to the provision date) 1.4. Transfer of Securities3 1.4.1. DVP transfer of securities 0-2% of the transaction volume 1.4.2. FOP transfer of equity securities 0-2% of the total market value of the securities that are the subject of the transaction 1.4.3. FOP/ST transfer of debt securities 0-2% of the total nominal value of the securities that are the subject of the transaction 1.5. Securities safekeeping3 0-1% of the total market value of equity securities per annum (total nominal value of debt securities) (the fee is charged quarterly) 1.6. Withdrawal of funds / Transfer of securities 1.6.1. In case funds (securities) are kept in the account for less than 6 months 0-3% 1.6.2. In case funds (securities) are kept in the account for more than 6 months 0-1.5% 1.7. Account closure Free of charge 1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
2Daily – Provided no later than the end of the next business day following the conclusion of the transaction, Monthly – Provided no later than the 15th day of the month following the reporting month, Quarterly – Provided upon request.
3The basis for calculating the tariff is the securities available on the customer's account on an average daily basis of each quarter. The tariff does not include the fees charged by the Agent from the Company. The fees charged by the Company's Agents for the purpose of executing the Client's transaction are subject to compensation by the Client, even if the given transaction is not executed for reasons beyond the Company's control.
- 2. Trades with Shares and ETFs (in effect from 19.01.2026)
2․1․ RA market
2.1.1. RA residents 0.3% of the trade volume, min. AMD 2,000 2.1.2. RA non-residents 0.3% of the trade volume, min. USD 5 or equivalent in other currency 2.2. Overseas markets 2.2.1. Via trading platform 2.2.1.1. USA 2.2.1.1.1. RA residents USD 0.015 per share 2.2.1.1.2. RA non-residents 0.2% of the trade volume 2.2.1.2. Canada 2.2.1.1.1. RA residents CAD 0.04 per share, min. CAD 1 2.2.1.1.2. RA non-residents 0.2% of the trade volume, min. CAD 1 2.2.1.3. France, Germany, United Kingdom, Switzerland 0.1% of the trade volume, min. USD 1 (or EUR 1, or GBP 1, CHF 1 or other currency in which the security is denominated) 2.2.1.4. Australia 0.24% of the trade volume, min. AUD 12 2.2.1.5. Other (RF included) 4 0-4% of the trade volume, min. USD 1 (or EUR 1, or GBP 1, CHF 1 or other currency in which the trade is done) 2.2.2․ Without trading platform 0-4% of the trade volume 2.3. Interest rates for short positions (negative balances) Defined according to Table 1 published on the Website 1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
4 The commission specified in this subsection is also applied in the case of Russian state/treasury and corporate securities (including OTC market), as well as Russian depository receipts. This commission does not include commissions charged by Company’s Agents.
In addition to the commissions mentioned above, the following fees are also charged by the Client:
- 3. Trades with Bonds (in effect from 19.01.2026)
3․1․ USA, Europe
0-1% of the trade volume 3.2. RA Primary market 3.2.1. RA residents 0.1% of the trade volume, min. AMD 7,000 3.2.2. RA non-residents 0.1% of the trade volume, min. USD 20 or equivalent in other currency 3․3․ RA Secondary market 3.3.1. RA residents 0.1% of the trade volume, min. AMD 1,000 3.3.2. RA non-residents 0.1% of the trade volume, min. USD 10 or equivalent in other currency 3.4. Other (RF included) 4 0.05-4% of the trade volume 1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
4 The commission specified in this subsection is also applied in the case of Russian state/treasury and corporate securities (including OTC market), as well as Russian depository receipts. This commission does not include commissions charged by Company’s Agents.
In addition to the commissions mentioned above, the following fees are also charged by the Client:
- 4. Trades with Options (in effect from 19.01.2026)
4.1. USA
4.1.1. Based on stocks and exchange-traded funds (ETFs) USD 3 per contract 4.1.2. Other USD 5 (or EUR 5, or GBP 5, or other currency in which the option is denominated) per contract 4.2. France, Germany, United Kingdom USD 5 (or EUR 5, or GBP 5, or other currency in which the option is denominated) per contract 1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
- 5․ Trades with Futures (in effect from 19.01.2026) Defined according to Table 5 published on the Website.
- 6․ Providing Loans to Clients for Trades with Securities (in effect from 19.01.2026) The tariff is set every business day and is available on the Company's website or at the trading terminal provided by the Company)
- 7. Currency Exchange (in effect from 19.01.2026) 0-3% of the trade volume
- 8. CFD Trading (in effect from 19.01.2026)
8.1. Metals
8.1.1 XAG/USD: Silver / US Dollar 0.02% of the trade volume 8.1.2. XAU/USD: Gold / US Dollar 0.02% of the trade volume 8.1.3. XAU/AUD: Gold / Australian dollar 0.02% of the trade volume 8.1.4. XAU/EUR: Gold / Euro 0.02% of the trade volume 8․2․ Major currency pairs 0.01% of the trade volume 8.3. Overnight interest rates for CFD transactions Defined according to Table 2 published on the Website 1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
- 9. Trades with other non-standard derivatives and structured securities (in effect from 19.01.2026) 0-5% of the trade volume.
1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
- 10. Providing response to an audit inquiry (in effect from 19.01.2026)
Regardless of having an account at "Apricot Capital" CJSC
10.1. RA residents AMD 20,000 10.2. RA non-residents USD 50 or equivalent in other currency 1Tariffs set in foreign currency are charged at the exchange rate announced by the Central Bank against the Armenian dram․ Tariffs include only standard fees of Agents of “APRICOT CAPITAL” CJSC (hereinafter - the Company) (unless otherwise specified in the Tariffs), while non-standard fees charged by the Company’s Agents for transactions (including bank transfers) are subject to compensation by the Client. Commission amounts are rounded to 1 digit after the decimal point in the case of AMD and to 2 digits in the case of foreign currency, however, depending on the characteristics of the Agent through which the Client's instruction or order is executed, the rounding of the commission may be to the detriment of the Client. In the absence of the appropriate currency funds on the Client's Brokerage or Custody account, the Company has the right to charge the commission in another currency, equivalent to the commission or convert the Client's funds expressed in another currency (in the amount of commissions) for the purpose of charging the commission, except for the cases provided by RA legislation. In the above mentioned case, commission fees are charged at the exchange rate offered by commercial banks cooperating with the Company, which is most favorable for the Client. The basis for calculating the market value of securities is the data obtained from authoritative sources (for example, Bloomberg, Yahoo Finance e.t.c.), as well as the information provided by the Agents of the Company through which the custody of these securities is carried out. In the absence of the market value of depository receipts, the market value of the security underlying the depository receipt may also be taken as a basis. Depending on the business profile of the Client or a certain group of Clients, the nature, volume and riskiness of the transactions made by them, as well as within the framework of marketing campaigns carried out by the Company, by the decision of the Executive Director of the Company for the Client or group of Clients may be set Tariffs different from the Tariffs mentioned in this decision, about which the Client is properly notified in advance. Tariffs do not include VAT and are subject to taxation in the cases specified by RA legislation.
