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A TradePlan will place orders on the stock market automatically; this will only happen when an investment reaches the share price that you set it to either buy and/or sell at.
A TradePlan can help you take control of risk and make the most of the rise and fall of the stock market, without having to keep a constant eye on share prices.
*Our Stop Loss and Price Locking facilities do not use a guaranteed stop loss. When the share price reaches your target price, your order will go into a queue to be actioned. This means that the price dealt may, on occasion, be either higher or lower than the trigger price.
You can find our TradePlans within the ‘Dealing’ section of the website once you’re logged in. You can amend or cancel a TradePlan order at anytime before it expires.
Please note, TradePlan is only available on CREST eligible UK investments.
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.
Example - if you place a TradePlan order online, you will pay £2 when the TradePlan is set-up and if the trade executes you will pay £10.50 dealing commission.
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.
Do you have a Stocks and Shares ISA or a SIPP?
If you set-up a TradePlan within our Stocks and Shares ISA or SIPP then we’ll waive the £2 set-up fee. The usual dealing commission will still apply on any completed order.
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