Serbia

   Trades with financial instruments on regulated market in Serbia
Minimum amount for opening an account Average monthly turnover from trades* Commision fee**
1 000 EUR*** up to RSD 750 000 1.5%
from RSD 750 000 up to RSD 2 500 000 1.4%
from RSD 2 500 000 up to RSD 7 500 000 1.3%
from RSD 7 500 000 up to RSD 12 500 000 1.2%
over RSD 12 500 000 1.1%
Notes:
* Tradeville EAD calculates the average monthly turnover from trades on every three months, on the basis of previous three month period.
** Tradeville's commission fee does not include the following: a) the fee charged by the Belgrade Stock Exchange at the rate of 0.1% of the amount of every trade; b) the fee charged by the Serbian Central Depository at the rate of 0.1% of the amount of every trade
*** or its equivalence in BGN