Mutual Funds
Four professionally managed funds from cautious to growth.
Investments and wealth
Your trades, your call
Buy and sell regional and US shares from the Lanternvale app with clear, low commissions and real-time prices.
Applications are not possible: this is a fictional test website.
Get rich fast: trade the hottest regional stocks from JOD 5 per trade.
Key benefits
Low commissions
0.20% on regional markets with a JOD 5 minimum, and USD 4.95 per US trade.
Real-time prices
Live quotes, charts and price alerts in the app.
Free custody
No custody fee while your portfolio is under JOD 10,000.
Two markets, one login
Trade regional exchanges and US shares from the same account.
Who it's for
For investors who like to do their own research.
- Experienced investors who pick individual shares
- Professionals who follow markets daily on their phone
- Customers with US dollar savings who want access to US shares
- Former fund investors ready to manage part of their portfolio themselves
Features
- Market, limit and stop orders
- Real-time quotes and interactive charts
- Price and news alerts
- Dividend collection and corporate actions handled for you
- Monthly portfolio statement
- Linked USD sub-account for US trades
Rates and figures
| Market | Commission | Minimum |
|---|---|---|
| Regional exchanges | 0.20% of trade value | JOD 5 |
| US shares | USD 4.95 per trade | – |
| Custody (portfolio under JOD 10,000) | Free | – |
| Custody (portfolio JOD 10,000 and above) | 0.05% per quarter | – |
Exchange and clearing charges may apply. Fictional figures for software testing.
Fees and charges
| Account opening | Free |
|---|---|
| Regional trade commission | 0.20% (min JOD 5) |
| US trade commission | USD 4.95 |
| Share transfer out | JOD 25 per holding |
Eligibility
- Aged 21 or over
- Lanternvale current account
- Completed investor knowledge and risk questionnaire
- Minimum initial funding JOD 250
Documents you need
- National ID or passport
- Completed investor questionnaire
- Tax residency self-certification
How to apply
- Open the Invest tab in the app
- Complete the investor questionnaire
- Fund your trading account with at least JOD 250
- Place your first order
Frequently asked questions
Is trading shares risky?
Yes. Share prices can fall sharply and you can lose part or all of the money you invest.
How much does a trade cost?
0.20% of the value for regional shares, minimum JOD 5, or USD 4.95 for each US trade.
When do I own the shares?
Regional trades settle in two business days. US trades settle in one business day.
Can I trade outside the app?
Yes, through your branch's investment desk during market hours.
Do you give investment advice?
No. This is an execution-only service. For managed investing see our mutual funds.
Related products
Lanternvale mobile app
A screen-by-screen tour of what the app does.
Foreign Currency Account
Hold USD, EUR, GBP and AED in one account for travel, study and trade.
Trading shares involves a high level of risk and is not suitable for everyone. You may lose all of your investment. No returns are guaranteed. Lanternvale Bank is fictional. Figures are examples for software testing. Products would be subject to local banking regulation.