Retail and Institutional clients with an account registered on the B3 (Brasil, Bolsa, Balcão) are charged a flat monthly custody fee. This is a pass-through fee charged by B3 for maintaining an open account registration, and it applies for as long as the account remains open regardless of whether you traded that month.
Fee Schedule
| Account Type | Monthly Fee | Applies When |
| Retail - Active | USD 5.00 | Account traded and/or held an open position during the calendar month |
| Retail - Inactive | USD 1.00 | No trades and no open positions during the entire calendar month |
| Institutional Account | USD 100.00 | Always applied, regardless of trading activity or open positions |
How Retail activity is determined
Your account is considered Active for a given month if either of the following occurred:
- At least one opening or closing trade was executed, or
- An open position was held at any point during the month
Your account is considered Inactive only if neither condition was met — no trades occurred and no position was open at any time during the month.
Institutional Accounts
Institutional accounts are charged a flat USD 100.00 every month, with no active/inactive distinction. This fee applies as long as the account is registered on B3, independent of trading activity.
Can I avoid this fee?
Since this fee is tied to your account's registration status on B3 rather than trading activity, it will continue to apply monthly even if the account is unused. If you would like to discuss closing or de-registering your account, please contact our customer support.
Additional Information