What fees are charged by Shares Saver directly?

₦1,500 plus 0.4% per transaction, both taken out of the amount you pay in — ₦10,000 in means ₦8,460 of shares. There is no subscription and nothing is charged month to month on what you hold. It is shown before you confirm.

What charges come from third parties?

Regulated brokers and market infrastructure apply standard NGX-related transaction charges when purchases are executed. These are not hidden markups from Shares Saver.

Are fees shown before I commit?

Yes. Shares Saver provides fee visibility before you confirm actions, so you can make informed decisions.

Do I lose ownership if I stop my plan?

No. Shares already registered in your name remain yours, even if you pause or stop future contributions.

Explained in plain English

Every charge, and what it is for

Four charges exist. Two of them are ours. Here is a worked example on ₦10,000.

Worked example

₦10,000 in, one transaction

You put in₦10,000

Transaction fee−₦1,500

Shares Saver fee 0.4%−₦40

Brokerage 1.35% of ₦8,460−₦114

Buys shares worth₦8,346

Holding your shares costs nothing — no charge to pause, to skip a month, or to close your account. Selling carries the same ₦1,500 + 0.4% plus the broker’s charge.

Charge	What it pays for	Amount
Transaction fee	Every buy or sell — taken out of the amount you put in, never added on top	₦1,500 per transaction
Shares Saver fee	0.4% of each buy or sell — also taken out of the amount, never charged month to month	0.4% per transaction
Brokerage Broker’s	The regulated broker’s execution charge on the NGX	1.35% per trade
FX spread	Converting another currency into naira to buy	Included in rate
Find My Shares One-off	Searching registrars and the CSCS for lost holdings	₦10,000 per search

Transaction feeEvery buy or sell₦1,500/txn

Shares Saver fee0.4% of each buy or sell0.4%/txn

BrokerageThe broker’s execution charge1.35%

FX spreadOther currencies into nairaIn rate

Find My SharesSearching for lost holdings₦10,000

Brokerage and exchange charges are the regulated broker’s and the market’s, passed through at cost and shown on every contract note. Figures are illustrative; the exact amounts appear before you confirm.

Principles

Why the pricing is structured this way

Predictable costs

Fees only when you transact means the cost of every purchase is known before you confirm — and nothing accrues while you hold.

No hidden ownership claims

Costs are disclosed while the shares stay in your legal name.

Regulated execution

Broker and market charges exist because regulated execution and settlement are required.

Transparent accountability

You can tell what Shares Saver charges from what third parties charge.

See the three accounts Brokerage calculator