Global Broker Regulation Inquiry App
WikiFX
marcustan 
1-2 years
What are the fees for Banyo’s trading products?
Broker Issues
Fees and Spreads
07-10
United States
WikiFX
Reply
Banyo’s fees vary depending on the product. For example, the application fee can be up to 3.85% of the NAV, while custody fees are charged annually at up to 2.20%. Redemption fees are up to 0.5% of the NAV. As stated in a Banyo review, these fees can differ based on the type of asset you are trading, so it’s important to confirm the specific fees for each product before engaging in Banyo trading. Understanding these fees is key to managing your trading costs effectively.
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