With international shares you pay the same dealing commission as all other online trades. However, there is a currency conversion fee. We take away 1.25% from the exchange rate for buys, and add 1.25% for sales. An indicative exchange rate will be shown prior to trading and the final rate will be shown once the trade is completed.
Dividend reinvestment purchases are charged at 2% of the dividend value, and capped at a maximum of £12.50 per stock. (Maximum £9.50 from 1st April 2021).
We don’t charge you any transfer fees to join us, or if you decide to leave. However, your current provider may charge you, so please check before you start your transfer.
Transferring in another pension costs £60 per transferring plan (max £300).
Fund managers will charge various fees such as an ongoing charge or transaction fees, and details of these can be found within the Key Investor Information Document for each fund.
The individual dealing charges are applied as the deal is placed and will be broken down on the transaction screen.
We offer a range of TradePlans (including limit orders and stop losses) to help you control the risk involved with stock market investing. TradePlans are available on any CREST eligible UK stock.
Each TradePlan you set-up costs £2 and if a trade is executed then we’ll reduce the dealing commission on that trade by £2 per trade. A charge of £2 will be made each time you amend the TradePlan. If your TradePlan expires before it has been executed then the £2 charge will not be refunded. You can cancel a TradePlan at any time without an additional charge.
For ISAs and SIPPs there is no charge to set-up a TradePlan. This means our standard commission rate will apply to any trade carried out if a TradePlan triggers.
When you buy a UK stock, you’ll pay Stamp Duty to the Government. Stamp duty is 0.5% of the value of the investments you buy (1% on Irish stocks) and you won’t pay any Stamp Duty on AIM stocks or Exchange Traded Funds.
Any trade over £10,000 will also be liable for a levy of £1 which is paid to the Panel on Takeovers and Mergers (PTM).
Our admin fees are collected:
If your account doesn’t have enough cash to cover the fee, we’ll take the remaining amount by Direct Debit or from your Debit Card.
If we are unable to take the fee then we may need to sell some of your investments to cover the cost. We’ll always try to contact you before we do this.
The individual dealing charges are applied as the deal is placed and will be broken down on the transaction screen.
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Annuity purchase |
£90 |
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Ad hoc statement or valuation (on request) |
£12.50 |
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Transfer in of another pension |
£60 per transferring plan (maximum £300) |
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Transfer out to another registered pension scheme or a qualifying recognised overseas pension scheme (QROPS) |
Free |
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Flexi-access drawdown1 |
£180 per annum |
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Capped drawdown1 |
Before age 75 - £180 per annum |
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Designate additional funds to drawdown / review income levels2 |
£90 |
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Convert from capped drawdown to flexi-access drawdown |
£90 |
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Take an uncrystallised funds pension lump sum (UFLPS) – a one-off payment |
£90 |
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CHAPS (same day payment) |
£30 |
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SIPP closure through drawdown or lump sums where the balance is reduced below £1,0003 |
Within 12 months of opening - £300 |
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Payments on death or if your pension is to be split/shared as part of a divorce |
Time/cost basis (typically between £250 and £500) |
1. This will become payable immediately where funds are designated to provide drawdown even if you elect to take "nil" income. Payable annually in advance.
2. Payable each time you designate additional funds to drawdown, once your SIPP is in drawdown stage.
3. We will be entitled to close your SIPP and return the remaining funds to you, after deducting our charges.
The value of an investment can fall as well as rise, and you may get back less than you invest. If you are not sure about investing, seek independent advice. Tax treatment depends on personal circumstances and may be subject to change.
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.