Pricing

Choose your service plan
Consulting
We provide you with a personal manager who speaks Armenian, English, and Russian. Clients benefit from personalized assistance facilitated by a dedicated manager, who assists with order placement, provides analytical insights, and facilitates access to Initial Public Offerings (IPOs).
Requirements
  • Minimum deposit: $10,000

General fees
  • Custody of USA equities (standard): free
  • Custody of USA fixed income securities (standard): free
  • Custody of USA securities (not-standard): 0.3% per annum
  • Custody of non-USA fixed income securities: 0.3% per annum
  • Account opening: free
  • Personal manager: free
  • Currency conversion: free (broker’s exchange rate)
  • Withdrawal: 0.1% + bank charges for funds held in accounts for at least 6 months or for transfers to an account in the country of the deposit of those funds; 5% + bank charges otherwise
  • Depository transfer: 120.000 AMD per ISIN

Trading fees
  • USA and Canada Stock Exchanges: 0.3% (AMD 800 minimum)
  • 0.3% (bonds with par value $1 000 and more), AMD 800 per bond (for bonds with par value less than $1 000) (min AMD 20 000)
  • Primary investment in securities structured and placed by NVB trading platform: free
  • Secondary trading with securities structured and placed by NVB trading platform: 0.5%
  • Other OTC transactions: TBD per transaction
  • IPO participation: 5%
  • Structured IPO Financing: 3%

Trader
You work independently in the market and have access to our technical support team.

Requirements
  • Minimum deposit: $200,000

General fees
  • Custody of USA equities (standard): free
  • Custody of USA fixed income securities (standard): free
  • Custody of USA securities (non-standard): 0.3% per annum
  • Custody of non-USA fixed income securities: 0.3% per annum
  • Account opening: free
  • Currency conversion: free (broker’s exchange rate)
  • Withdrawal: 0.1% + bank charges for funds held in accounts for at least 6 months or for transfers to an account in the country of the deposit of those funds; 5% + bank charges otherwise
  • Depository transfer: 120.000 AMD per ISIN

Trading fees
  • USA and Canada Stock Exchanges: 0.1% (AMD 1200 minimum)
  • 0.1% (bonds with par value $1 000 and more), AMD 800 per bond (for bonds with par value less than $1 000) (min AMD 20 000)
  • Primary investment in securities structured and placed by NVB trading platform: free
  • Secondary trading with securities structured and placed by NVB trading platform: 0.5%
  • Other OTC transactions: TBD per transaction
  • IPO participation: 5%
  • Structured IPO Financing: 3%

Institutional
You and your broker reach an agreement on an individual plan based on discussions of your needs.

Requirements
  • Valid license
  • Successful completion of KYC
  • Audited financial statements

General fees
  • Account opening: free
  • Personal manager: free
  • Access to depository and trading desk: free


Commissions and Fees

For complete information on tariffs, please follow this link: Tariff description

Archived tariffs