How does TBanque make money in the US?
At TBanque, one of our company values is transparency. As such we wish to communicate clearly how our business makes money.
Our fees and revenue differ based on the TBanque entity you are engaged with during a particular transaction. TBanque USA LLC is a licensed money services business that provides our crypto offering. TBanque USA Securities Inc. is our registered broker-dealer that provides our stock and ETF offering.:
TBanque USA LLC / Crypto / Money Services Business:
- Crypto Trading Fees
When you buy or sell a cryptoasset, we charge you a fee at the time of your transaction. Learn more about our crypto trading fees here.
- Crypto Transfer Fees
When you transfer crypto assets from your TBanque investment account to the TBanque Money crypto wallet we charge you a redeem fee. Learn more here.
TBanque USA Securities Inc. / Stocks and ETFs / Broker-Dealer:
- Payment for Order Flow (PFOF)
When you make a stock or ETF trade at TBanque it is settled via our partner Apex Clearing Corporation. Market centers may pay Apex a small sum to settle these trades, which Apex shares a portion with TBanque. Learn more about PFOF here.
- Miscellaneous Brokerage Fees
We may charge fees for specific items relating to your stock trading account and activity. See them here.
Remember also when you use TBanque, we do not charge for the following:
- Trading fees or commissions for any stock/ETF trades;
- Management fees for your TBanque account, CopyTrader, or Smart Portfolio investments;
- Bank deposit fees or withdraw fees for any payment method;
- Inactivity or any other account maintenance fees.
Our fees and business revenues may change from time to time, please be sure to check this page for updates.