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At Prosper, we want to make sure our customers understand what they are paying for when using our investment and savings platforms. Here is a breakdown of our charges:

Our platform fee is 0%, meaning we do not charge any fees for using our investment platform.

There are no fees or charges applied to cash balances in your investment accounts. However, please note that interest is not paid on uninvested cash in your holding account.

When buying and selling funds, we charge a 0% transaction fee. This fee covers the cost of executing the transactions on your behalf.

For our savings platform, we offer cash savings accounts with zero fees. We may receive a share of the interest paid by the bank on each savings product, but the rate you see (in the app or elsewhere) is the rate you receive.

When investing with Prosper, you are also paying for the services of your fund manager. For active ETF or mutual funds, the charges range from 0.10% to 2.16%. These fees cover the cost of executing transactions and managing the funds.

Our fund for less confident investors has a charge of 0.17%. This fee covers the cost of managing and maintaining the fund.

We offer 30 zero cost index funds with an OCF (ongoing charges figure) of 0.03-0.12%. This fee is refunded by Prosper, meaning you do not have to pay anything for these funds. Please note we do not pay interest on any uninvested cash held in your investment accounts.

We do not charge for you to transfer, deposit or transact into or out of our investment or cash savings accounts.

We do not charge you to access private markets funds through us. Find out more at this page.

We hope this breakdown of our charges helps you better understand what you are paying for when using Prosper's investment and savings platforms. If you have any further questions, please do not hesitate to reach out to our customer support team.