Calamatta Cuschieri Moneybase has announced reduced fees on U.S. stock trading, alongside the recent expansion of its IBAN capabilities supporting direct receipt of global payments in U.S. Dollars (USD) and British Pounds (GBP).
The lower U.S. trading fees, introduced earlier this year, reflects Moneybase’s continued focus on providing a cost-effective gateway to global markets. Fee now starts from 25 cents for smaller trades and decreases to as low as 0.06% for larger trades, making investing in U.S. equities even more accessible for investors at every level, from first-time traders to high-net-worth-individuals. For example, a $120 trade now costs $0.25, down from $0.75, while a $2,100 trade has been reduced from $8.99 to $3.99. The updated pricing structure brings noticeable savings for clients. Larger trades also benefit from the revised pricing, benefitting from lower overall costs.
Moneybase customers also continue to benefit from one free trade per month for trades on the U.S. exchanges with a value of up to $2,000.
Additionally, individual and business customers can now receive USD and GBP directly into their Moneybase IBAN, with funds automatically credited to the relevant currency wallet for making international payments, investing or exchanging foreign currencies.
Moneybase continues to support outbound transfers in multiple currencies in more than 180 countries.
“We are proud to continue to raise the bar and to provide a premium service at a low cost to all our customers. Customers using Moneybase have the peace of mind of transacting with a locally regulated firm that is accessible, dependable, and always ready to assist,” said Alan Cuschieri, founder of Moneybase and co-CEO at Calamatta Cuschieri Moneybase.
There are no monthly or annual fees to use Moneybase. Investments entrusted on the Moneybase platform are covered under the Maltese investor compensation scheme.
Calamatta Cuschieri Moneybase has four branches across Malta and provides ISO certified customer support 7 days a week.
For more information, visit https://moneybase.com
Payment services are brought to you by Moneybase Limited (MB) C 87193 which is licensed by the MFSA to transact the business of a Financial Institution in terms of the Financial Institutions Act, Cap 376. All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C 13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Calamatta Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme (“Scheme”). Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09). The value of investments may go up as well as down and investors might not get back the original amount invested. MB and CCIS are both subsidiaries of the Calamatta Cuschieri Moneybase plc with their registered address situated at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara, BKR 9034, Malta.
