For the transfer of securities to Banco Carregosa, please consult the price list of the Bank of origin. However, there are no fees at Banco Carregosa for their receipt in the case of Euronext securities. If you wish to transfer securities from other markets, please contact us so we can inform you of the procedures to be followed.
If you are transferring from Banco Carregosa to another intermediary, the costs indicated in the price list will apply.
All investments have risks. For information about the different financial instruments and their risks, please see the information provided in the Solutions Menu of the GoBulling site.
Yes. You can give the order directly to the stock exchange operators, although the trading fee may be higher when the orders are received this way. For more information, please see our Fees.
If the unavailability of the service occurs under Banco Carregosa’s responsibility, the commission or other charge applicable to the desired electronic means will not be charged.
Otherwise, the charges for the channel used will be debited, as established in Fees for Financial Products.
Just a few seconds. The type of Internet connection you have may condition the response time of the system. In general, the whole process is very quick.
By consulting the orders, you can check in real time if your order is in the following situations:
Depending on the market/platform where you want to enter an order, you have the following options:
When this parameter is not filled in, the customer enters an order to the market. That is, buy or sell at the best price at a given time, depending on the contrary orders in the market. In times of volatility or larger amounts, it can be quite different from the price of the last trading deal.
When the price is filled in, a limit order is entered, so you enter a buy or sell order at a maximum and minimum price.
When you enter a buy order, if this parameter is filled in, the order will only be executed if the price of the last trading deal is equal to or less than the price indicated.
The stop price must be lower than the price of the last trading deal when the buy order is being entered. In a sell order the price of the last trading deal must be higher than the stop price.
When this parameter is filled in, the order will only be executed if the minimum quantity is performed immediately. It must always be less or equal to the quantity.
The apparent quantity is the portion of the order that is not visible in the orders books. It must always be less than or equal to the quantity.
It is available for purchase from the time of sale, though in case of discrepancy between the date of settlement of the sale and the date of settlement of the purchase, it may imply the existence of an unauthorised overdraft and the charging of the amounts provided for in price list and inthe commissions, costs and interest ratesin effect. The financial settlement of transactions relating to share transactions is reflected in the investor's account at the end of 3 working days (2 working days for the German Stock Exchange). For Forex, this period is reduced to 2 days and in the case of CFDs financial settlement is on the same day.
The Investor should always seek to act on the firm prices from several offers of purchase and sale which occur and seek to limit the prices of orders in accordance with the evolution prospects for the security, as well as always monitor its execution. Financial intermediaries cannot be held liable for any poor disclosure from primary Stock Exchanges where their assets are listed and the investor must have the notion that there is a strong and high uncertainty in the price and quantity executed in orders without a price ceiling when these reach the market.
For these operations, you should contact your account manager.
To know the Banco Carregosa Execution Policy and Transmission of Orders, please click here.
Banco Carregosa will try to put on its website all the relevant information for determining the value of each security, as well as the proportions of each asset in an efficient portfolio according to specific criteria, but cannot tell the client what he should buy or sell. The client may, however, request the management of his account.
In GoBulling Pro, the clients who do not subscribe to real-time quotes (monthly pricing of quotes in real-time and depth) monthly pricing of quotes in real-time and depth see them with a delay of about 15 minutes. This time lag, with no impact on the price of assets in the respective stock exchanges, may create price expectations in the clients that are not happening at the moment, so the orders at the best or market price should take this into account. Also for this reason, in certain market situations, especially when there are large swings in asset prices, the orders are conditioned and the system returns a rejection message ("Dealer System User rejects... Order price is too far from market").
The transaction of margined products requires constant monitoring of their positions. These instruments have a high risk factor if not properly managed. Gains can be rapidly transformed into losses as a result of rapid price movement. So the transaction of OTC financial assets and/or margin requires knowledge and balanced judgment.
The opening and maintenance of positions in derivatives (e.g. CFDs, FX and Futures) requires the investor to maintain margins that are listed in the "Trading Conditions" of the GoBulling Pro platform. If funds/assets in the account get below these margins, the account will be subject to a margin call in order to deposit/transfer funds and/or close partial/total positions held to cover these margins.
If the margin situation is not changed, the system may forcibly close all positions held in derivatives (it will not be partial), following this sequence:
These warnings and closure depend on the normal market conditions and the previous sequence can be fast if the conditions are for volatility, less liquidity or both.
The transaction of leveraged margin products (e.g. Futures Contracts, Options, CFDs, Forex and similar financial assets), may imply expanded real and potential outcomes. Due to the risk associated with these instruments, especially in abnormal market conditions (such as events that constrain the normal development of the activities of the issuers), there is the possibility that the loss is greater than the capital invested, and to that end, you should always monitor your positions and margin use.
Since 1 August 2012 the purchase of Shares in French companies became subject to the payment of the "French Financial Transactions Tax – FTT”.
This tax is levied on the purchase of Shares and similar operations of companies based in France, listed on any EU regulated market, whose market capitalisation exceeds one billion Euros. The tax rate applicable is 0.2% on the amount of the transaction.
The legislation determines that the "Financial Transactions Tax" (FTT) applies only to the daily net purchase i.e. if a Client acquires 100 Shares and on the same day sells 25, he will only have to pay tax on the 75 Shares. The sale is not subject to tax.
We exemplify a concrete case below:
Gross Value: 100 x 34 = €3,400.00
FTT: 3,400.00 x 0.2% = €6.80
Net Value: €3,406.80
Gross Value: 25 x 34 = €85000
Net Value: €850.00
Client’s Net Purchase: (100-25) Shares
FTT Charged: 100 x 34 x 0.2% = €6.80
FTT Owed: 75 x 34 x 0.2% = €5.10
Value to be credited in the DD: 6.80 – 5.10 = €1.70
o Simplifying = Amount of Sale / Amount of Purchase x Tax paid
GoBulling advantage: Zero Brokerage Commission for the French Market and more convenient Formula for charging and returning the tax
GoBulling, a Banco Carregosa brand, is the only financial intermediary in Portugal offering a "Zero Brokerage Commission" to Clients who invest in the French Market through the online channel (GoBulling Web and GoBulling Pro).
In addition, and because we know how complex it can be to manage multiple accounts simultaneously and negotiating various transactions daily (day trading), GoBulling decided to save you the hassle.
Whatever the account used, GoBulling will do the calculations.
Since the new tax applies only to daily net purchases (purchases minus the sales), GoBulling will do these calculations, daily consolidating the operations within the same account to assess the net tax actually due. This feature allows you to purchase Shares through a subaccount and sell Shares held in another subaccount, GoBulling doing the crossing of both to determine the net purchases on which the tax is levied.
Thus, regardless of the subaccount associated with the purchase and sale of securities (GoBulling Web, GoBulling Pro, GoBulling Premium, Asset Management), GoBulling calculates the net amounts and will credit in the DD subaccount the tax deducted by sale transactions on the same day, on the same Share.
The legislation on Financial Transactions Tax (FTT) may be consulted at here.
The list of French shares subject to tax is available at here.
Can’t find the answer to your questions? Contact us!