The only fee is $4.99 per month. That’s it.
There are no additional management fees nor investment fees. No matter how much you invest. And there are no hidden fees. Neither Moka nor Mogo earns commissions or takes any fees from your investments.
It is also important to note that there are MER fees for investing in exchange-traded funds (ETFs).
MER fees are not collected by Moka and you would pay them no matter who you choose to invest with. MER fees are typically between 0.09% and 0.39% of the amounts invested for regular portfolios and between 0.16% and 0.40% for socially responsible investing portfolios. These are among the lowest fees in the market and allow us to create diversified portfolios.