Costs for 1 EUR investing plans?

[SCiruelos]

I have got a question. Comdirect offer currently a new depot which should be at 0 cost for 3 years. This offer is valid until 31.03.

At the same time, they are offering recently investing plans as low as 1 EUR/saving rate. I think they are getting quite scared from Trade Republic, Scalable and all those.

However, it is unclear to me what will be the costs for these investing plans with 1 EUR/saving rate.

One should assume that there will not be costs for those investment plans. Is this correct?

[Krügerrand]

If it is already truncated in the beginning (and at every step of the calculation) for 0,001 of a share, you should divide the Investment amount from the 1 EUR by 12,3 cent and not by 12,345 cent. This would then give you 8,009932 truncated to 0,008 shares.

This translates to 0,9876 EUR truncated to 0,987 EUR. Adding 1,5% = 0,0147 EUR truncated to 0,014 adding up to 1,001 EUR truncated to 1,00 EUR.

Is it at every step of the calculation?