Charges

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 £9.50 per stock.

Transfer charges for our Share Dealing Account and ISA

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.

Find out how to Transfer

Transfer charges for our SIPP

Transferring in another pension costs £60 per transferring plan (max £300).

Find out how to Transfer

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.

Charges in a Stocks and Shares ISA or SIPP

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.

TradePlan Options

Stamp Duty

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.

Spanish Transaction Tax

Spanish Transaction Tax (0.2%) is an additional tax payment when you buy some Spanish stocks e.g. Banco Santander and International Consolidated Airlines Group.

PTM Levy

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).

Admin fee

Our admin fees are collected

For our Share Dealing Account, Stocks and Shares ISA and ShareBuilder:

• We’ll take payment from cash within your account annually in April.
• 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.

For our SIPP:

• We’ll take payment from cash within your account quarterly at the end of March, June, September and December.
• 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.

Dealing charges

The individual dealing charges are applied as the deal is placed and will be broken down on the transaction screen.