As we continue to grow and introduce new features, we are updating the terms and conditions for our investment services.
The new terms and conditions will take effect on 16 August 2021, and while we recommend that you read and review them, we want to highlight the following changes:
Our customers with a Standard plan can make the first trade of the month for free. For any additional buy/sell transaction, a fee of 1% will be applied, with a minimum fee of €0.79.
If you are unhappy with the changes we’ve made, you can sell your positions without a fee applying until the 16th of August. However, from 16th of August 2021 you won’t be able to invest more until you have agreed to our new terms and conditions.
If you are a Prime customer, you will still enjoy our commission-free cryptocurrency services. On top of that, you will have more coins to choose from to expand your portfolio, as well as the option to distribute them among several Crypto Pockets.
Our customers with a Standard and Prime plan will continue using our services with a simple tariff structure: no commission per trade for investments in any instrument with an underlying asset traded in Euros (€) and a 0.5% mark-up fee for investments in any instrument with an underlying asset traded in US Dollars ($).
If you are a Prime customer, you will now have the chance to invest in Special Purpose Acquisition Companies (SPACs). To learn more about these companies, we’ve created an article in the Vivid Blog. Check it out here.
Additionally, you will be able to open multiple Investment Pockets with different investment strategies for a better arrangement of your Fractional Shares.
Please note that the changes outlined above will take effect on 16 August 2021. Further details on our investment and cryptocurrency services can be found in the Terms and Conditions.