Pricing
Pricing & fees
Transparent, regulator-set charges applied to each transaction.
Trading on the DSE carries a small set of standardised fees. Most are set by the exchange and regulators and apply to both buy and sell orders, calculated on the value of the trade. There are no account-opening or monthly subscription fees to use this portal.
Brokerage commission
Charged by your licensed broker
1.40%
DSE fee
Exchange transaction fee
0.15%
CMSA levy
Capital Markets & Securities Authority
0.05%
CDSC fee
Central Depository System charge
0.05%
Fidelity fund
Investor compensation fund
0.10%
VAT on brokerage
Applied to the brokerage commission only
18%
Worked example
Suppose you buy shares worth TZS 1,000,000. Approximate charges:
Figures are indicative. Your broker's confirmation and the order receipt show the exact amounts for each trade.
- Brokerage (1.40%)
- TZS 14,000
- VAT on brokerage (18%)
- TZS 2,520
- DSE fee (0.15%)
- TZS 1,500
- CMSA levy (0.05%)
- TZS 500
- CDSC fee (0.05%)
- TZS 500
- Fidelity fund (0.10%)
- TZS 1,000
- Total transaction cost
- ≈ TZS 20,020 (about 2.0% of the trade value)
Notes
Rates are set by the DSE, CMSA, and the Central Depository and are subject to change by the relevant authority. Some brokers may apply minimum commission amounts on very small trades. Bond transactions may follow a different fee schedule — check with your broker.
See the exact fees on any order before you confirm.