Fees & FX
Trading Commissions Table
Stock Trades
Flat fee per trade or commission-free (if applicable) vs. Tiered volume-based pricing.
Margin Rates
Clear breakdown of interest charged on margin loans
Non-Trading Fees
Clarity on account maintenance, data fees, and withdrawal charges.
FX & Conversion Mechanism
ZAR/USD Conversion
Detailed explanation of the exchange rate used (e.g., interbank rate + small percentage spread/markup).
FX Fee Transparency
A calculator or chart showing how Luminaris’s FX fee compares to traditional banks in South Africa.