What fees are associated with investing on MicroPlace?

The fees associated with investing on MicroPlace are minimal and aim to keep costs low. There is no fee for opening an account, and there are no annual account maintenance fees. However, MicroPlace does charge a small fee, typically around 1% of the investment amount, for facilitating the investment process. This fee helps cover the costs of due diligence, investment analysis, and technology infrastructure required to connect investors with microfinance institutions. It is important to note that this fee is deducted from the investment amount and not in addition to it. MicroPlace strives to be transparent with its fee structure, ensuring that investors are aware of any costs associated with their investments upfront.