💡 Every time you trade on the GSE, money leaves your pocket silently. Here's exactly where it goes. 👇
🔢 YOUR TRANSACTION COSTS = 2 PARTS
① Regulatory Levies
Fixed. Non-negotiable. Always 0.70% of your trade value — split automatically among 4 bodies.
② LDM Commission
Negotiable. Ranges between 0.10% and 1.80%.
You can haggle. Your broker cannot go below 0.10%.
🏦 HOW THE 0.70% GETS SHARED
🏛 Ghana Stock Exchange (GSE) → 0.35%
🔍 Securities & Exchange Commission (SEC) → 0.15%
🗂 Central Securities Depository (CSD) → 0.15%
📈 Market Development Fund (GSE) → 0.05%
TOTAL → 0.70% ✅
🧮 QUICK EXAMPLE
GH₵10,000 trade at minimum LDM commission:
Regulatory levies: GH₵70
LDM commission: GH₵10 (minimum)
→ You pay at least GH₵80 before you even make a profit.
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