At SQM Financerra you know what the possible fees are before you start trading. We state the starting capital, the main fees, trading costs and the conditions for deposits and withdrawals clearly.
Amounts are in US dollars, with Chilean peso equivalents calculated at a reference rate of 950 pesos per dollar, rounded. The final conversion depends on the exchange rate on the day.
By creating an account, you agree to our Privacy Policy and Terms of Use.
A personal manager will contact you within 24 hours.
Basic, Advanced and Premium are compared on the same parameters: who they are for, features, limits, payment type and term, support and next step.
| Feature | Basic | Advanced | Premium |
|---|---|---|---|
| Recommended for | People just starting out | More experienced users | Users with the highest trading volume |
| Starting capital | Minimum US$250 (about CLP 240,000) | From US$1,500 (about CLP 1,425,000) | From US$5,000 (about CLP 4,750,000) |
| Market monitoring | Included | Included | Included |
| Artificial intelligence tools | Included | Included | Included |
| Market alerts | Basic | Advanced | Customised |
| Analysis resources | Basic information | Advanced | Full access |
| Educational materials | Included | Included | Included |
| Support | Online | Priority | Individual |
| Personal manager | Included | Included | Included |
| Priority service | Not included | Included | Included |
| Monthly fee | US$0 | US$0 | US$0 |
| Platform access | Included | Included | Included |
| Next step | Create free account | Create free account | Create free account |
Important: we do not charge a monthly fee for access to the platform. The amount for each plan is the starting capital you set aside for trading, not a membership or a subscription. Trading commissions and other costs are disclosed separately.
These are the costs that may apply, in one place and with no small print.
| Type of cost | Fee / cost |
|---|---|
| Account opening | Free |
| Account maintenance | Free |
| Holding funds on the platform | Free |
| Trading commission | Up to 0.58% per transaction |
| Currency conversion | Up to 1.50% |
| Forex spread | From 0.8 pips |
| Inactivity fee | Free |
The applicable fee is shown before you confirm the trade. The spread may vary with the asset, liquidity, volatility and market conditions at that moment.
Some costs depend on third parties and not on us. We list them here so they are not a surprise.
All applicable fees, if any, are shown before you confirm a transaction. SQM Financerra applies no hidden charges.
| Type of additional cost | Description |
|---|---|
| Network fees | May apply to crypto-asset transactions and are set by the network, not by the platform. |
| Payment provider fees | May be charged by an external payment provider, depending on the method. |
| Currency conversion | May apply to transactions in a currency other than your account currency. |
| Costs of specific assets or services | May be charged by exchanges or other partners, depending on the asset or service chosen. |
Deposits and withdrawals carry no fee from us. Timelines depend on the method.
Depositing and withdrawing is free with every available method. Times range from instant for deposits by Khipu, Webpay, cards and wallets, to 1 to 3 business days for bank transfers and 1 to 5 business days for card withdrawals. The detail is on deposit and withdrawal methods.
The minimum capital depends on the plan. Withdrawals may have limits per transaction and per day, adjusted according to your verification. They are in the withdrawal policy.
Fees may change with prior notice on the site. Trading carries a risk of loss, even with low fees. Read the risk disclosure.