Disclaimer: Margin Trading on Stocks, ETFs and ETCs is not available for UK users.
Margin positions can include the following costs:
No Buy Fee applies when you buy stock, ETF, ETC in the course of opening or adding to a position. The standard 1 EUR (or non-EUR equivalent) trade fee applied on Stocks/ETFs/ETCs is paid by Bitpanda GmbH on behalf of the user under a promotion applicable until December 2026. You can therefore open or add to your position without having to pay the buy trade fee.
A Sell Fee of 1EUR (or non-EUR equivalent) applies when selling stock, ETF, ETC, thus when reducing or closing a position.
Daily fees are charged by Bitpanda GmbH every four (4) hours on the borrowed EURCV amount. The applicable Daily Fee rate for each four-hour charging interval depends on the number of days elapsed since the conclusion of your Margin transaction, by reference to CET from 00:00 CET.
A liquidation order fee of 1% on the sale notional plus the Sell Fee is charged if your Liquidation Order is triggered and executed because the liquidation threshold price is reached.
Product costs or third-party costs depending on the asset (applicable for ETF/ETCs).
FX conversion costs if you use a non-EUR fiat wallet (charged by Bitpanda Payments GmbH in the course of the payment transaction).
Tax Withholding in Germany and Austria where applicable.
The app and relevant cost transparency documents show applicable costs before you confirm a trade. Review them carefully.
Borrowing EURCV is subject to daily fees. The current daily fee depends on the holding period and is charged proportionally every 4 hours.
| Period | Daily Fee rate per 4-hour interval |
|---|---|
| Day 1 to Day 60 | 0.18 % (thus 0.03% every 4 hours) |
| Day 61 to Day 100 | 0.12 % (thus 0.02% every 4 hours) |
| Day 101 to Day 180 | 0.06 % (thus 0.01% every 4 hours) |
| Day 181 onwards | 0.0312 % (thus 0.0052 % every 4 hours) |
- Daily borrowing fees accrue and add to the EURCV loan, while borrowed EURCV remains outstanding.
- They accrue 24/7, including nights, weekends and holidays.
- They can reduce your margin level over time.
- If you keep a position open longer, your total borrowing costs increase.
A liquidation order fee applies if the Liquidation Order is triggered and executed because your position reaches the liquidation price. The current liquidation fee is 1% of the sale notional of the stock, ETF or ETC, charged in EUR upon selling the stock, ETF or ETC plus 1EUR (or the non-EUR equivalent). The final fee amount depends on the executed sale value.
The fee schedule applies to other orders.
When you reduce, close or liquidate a leveraged position, the relevant stock, ETF or ETC is sold. The proceeds are then used to pay applicable amounts such as taxes (if applicable), fees, accrued daily borrowing fees and borrowed EURCV.
If you are resident in a country where Bitpanda withholds tax for the relevant stock, ETF or ETC transaction, such as Austria or Germany where applicable, tax withholding will be shown in the transaction flow.
If Bitpanda does not withhold tax for your situation, you remain responsible for assessing, reporting and paying any taxes that apply.
No. Bitpanda does not provide personal tax advice. Tax treatment depends on your personal circumstances, tax residency and local laws. Consult a qualified tax advisor if you are unsure how Margin Trading affects your tax obligations.
You can find relevant information in your transaction history and in the “tax details and reports” section available in your Bitpanda account.
Always review the dynamic fees and transaction breakdown page inside the app before executing your strategy.