MAMoroccoUpdated for 2026Finance

Casablanca Stock Exchange Trading Fees Calculator 2026 (BVC)

Calculate buying and selling brokerage commissions, Casablanca Stock Exchange (BVC) transaction tariffs, Maroclear clearing fees, AMMC dues, and 10% VAT in Morocco for 2026.

Calculated Result

Net Settlement Amount

25,174.63MAD

Calculator Inputs

shares
MAD
%

Net Settlement Amount

25,174.63MAD

Gross Order Value

25,000 MAD

Total Fees & Taxes (TTC)

174.63 MAD

Round-Trip Break-Even Price

253.49 MAD

Brokerage commission rates vary by broker agreement (typically 0.35% to 0.80%). BVC market dues (0.10%), Maroclear/AMMC regulatory levies, and financial VAT (10%) are statutory.

This calculator is a mathematical model for general financial estimation, planning, and educational guidance. Results depend on your inputs and standard formulas, and do not constitute binding financial, tax, or investment advice. Always consult a qualified professional before making financial decisions.

Official Statute: النظام العام لشركة بورصة الدار البيضاء (BVC) وقرارات الهيئة المغربية لسوق الرساميل (AMMC) والمدونة العامة للضرائبLast Verified: 2026-09-08

Calculation Methodology

Total transaction fee comprises broker commission + 0.10% BVC levy + 0.035% Maroclear & AMMC clearing fee, plus 10% financial VAT applied onto cumulative commission charges.

Frequently Asked Questions

Mandatory market charges include 0.10% BVC trading fee, 0.02% Maroclear depository fee, 0.015% AMMC regulatory fee, and 10% financial VAT on commissions.

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