Investing Fees
Cash App Investing accounts are free to open, require no minimum balance to maintain, and charge no commission fees.
Does Cash App charge regulatory and government fees?
While Cash App Investing does not charge any fees or commissions on buy or sell trades, there are fees that are required by government agencies (such as the SEC and FINRA). Keep in mind that many (if not all) brokerages are subject to these same agency fees. We will disclose these fees prior to the finalization of your trade, and they will be listed in the trade confirmation page.
What are these fees for?
The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) charge a fee to the broker dealer for sell orders only. These fees are charged on all sell orders by FINRA and the SEC across the market. We pass these fees along to regulatory agencies and do not benefit from them financially.
The trading activity fee (TAF) is charged to brokerage firms by FINRA (a non-profit agency) to cover the costs of regulation, supervision, and operation costs associated with the securities market.
The Securities and Exchange Commission (SEC) fee is charged by the US treasury that helps cover the cost associated with regulating markets and dealers.
What are the fee amounts?
The trading activity fees (TAF):
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The TAF for equity sales is $0.000166 per share sold.
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These fees are rounded up to the nearest penny and will not exceed $8.30.
The Securities and Exchange Commission (SEC) fee:
- The SEC fee is $8.00 per million dollars of covered sales
Does Cash App take a portion of these fees?
No, Cash App does not take a portion of government or regulatory fees. Other fees may apply such as fees for outbound stock transfers, please see the House Rules.
Brokerage services by Cash App Investing LLC, member FINRA/SIPC, and a subsidiary of Block, Inc. formerly known as Square, Inc. Investing and purchasing bitcoin involves risk; you may lose money. Bitcoin trading is offered by Block, Inc. Cash App Investing does not trade bitcoin and Block, Inc. is not a member of FINRA or SIPC. For additional information, see the Bitcoin and Cash App Investing disclosures.
Cash App Investing is a self-directed service; you are solely responsible for orders placed through your account. Cash App Investing does not provide investment advice or recommendations. Fractional shares investing may involve additional risks such as non-transferability. For additional information regarding the unique risks and limitations of fractional shares, please see your Investing Customer Account Agreement.
Fees for stocks may apply such as regulatory transactional fees and external account transfer fees, please see the investing House Rules.
Selling shares may have tax implications. If you have questions about your particular tax situation you should consult a tax advisor.
You can designate someone for us to contact in the event of any issues with your account by getting in touch with Cash App Support.