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ONE ZERO Bank launched the One+ route for particularly active merchants
Bank ONE ZERO Launches the One+ premium route, which includes an expanded commission package that includes trading in foreign stocks.
The trading platform is embedded within the bank application and allows independent trading in the American stock market at the most attractive pricing in the financial system. In this way, the bank completes another step to the overall value proposition of ONE STOP SHOP, which allows to concentrate the financial activity at the most profitable pricing in one place.
The customers who trade independently will benefit from a monthly trading package in the One+ route. The route includes ten buying and selling operations per month at a monthly cost of NIS 119, and this without any conditions: regardless of the amount of the buying/selling operation and without shift fees, without buying/selling commissions and without minimum commissions.
Later this year, the customers of the route will benefit from investment advice free of conflict of interest, since the recommendation to buy/sell real estate by the investment managers will not involve an additional commission to the bank. At the same time, the bank is developing smart AI-based insights and updates for traders about their investment portfolio.
The additional payment for the trading package in front of the central subscription fee route, One, is 70 shekels per month and represents a payment per buy/sell operation of 7 shekels for customers who use the full 10 operations. Less active customers who buy and sell two shares a month (4 operations) will pay NIS 17.5 per operation (70:4).
Gal Bar Dea, CEO of ONE ZERO: “The launch of the trading platform in record time, within a few months of the launch date, fits in with our world view of allowing the bank’s customers to concentrate all their financial activities in one place at the most profitable pricing, starting with the current account activity, the card , the foreign exchange, credit, savings, real estate and soon also the pension and insurances”.