Please remember that the value of an investment and the income from it can go down as well as up and you may get back less than you invested.
We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.
I want to apply for a:
All of our online dealing commission charges for UK, international and fund trades are set at a flat rate of £12.50 per trade.
|Online trades||£12.50 per trade|
|Regular investments||£2.00 per trade (purchases only)|
|Foreign currency charges*||1.25% per trade (international trades only)|
*In addition to your dealing commission, a currency conversion must be made for an international trade, either from Great British Pounds into a foreign currency to buy, or from a foreign currency into Great British Pounds to sell. As our fee, when we do this we add 1.25% to the exchange rate for buys, and take away 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.
Please note: Additional charges apply for other services. View our overall charges.
When you buy UK stocks, you also have to pay a form of tax called Stamp Duty or Stamp Duty Reserve Tax. This is 0.5% of the value of the investments you buy (1% on Irish stocks). You do not pay Stamp Duty on AIM stocks or Exchange Traded Funds.
Fund Managers may apply an Annual Management Charge (AMC) on the value of the fund holding. This charge is built into the price of the fund. Please consult the Key Investor Information Document (KIID) for your fund using our Funds Centre for more information.
Trades over £10,000
If you buy or sell any investments worth over £10,000, you pay a levy of £1.00 to the Panel on Takeovers and Mergers (PTM).
View our administration charges
|Transfer out of shares electronically to another stockbroker||£25 per individual stock (max £125)|
|Dividend reinvestment||2%, maximum £12.50|
|Transfer in of share certificates||No administration fee|
|Transfer shares in from another broker||No administration fee|
|Transfer in from an approved sharesave scheme||No administration fee|
Please note: All prices include VAT (currently 20%) where applicable, additional charges apply for other services. View our overall charges.
It's fair to say that investing in the stock market can be complicated. Stocks and shares by their very nature are risky. That’s why we want to make sure you know all the facts before you take the next step.
Is share dealing really right for you?
Share dealing is risky. To get the most out of the stock market you should really be thinking about investing long term.
If you can’t tie up your money for five or more years, a savings account is probably more appropriate for you.
On the other hand, the good thing about shares is you don’t need to invest a lot of money to begin building up your portfolio. You can invest from as little as £20 a month with our regular investment plan.
All investments involve a degree of risk. The value of shares and any income you receive from them will rise and fall with the market. There’s no guarantee you’ll get back what you put in.
You also need to remember that past performance is no guarantee of future success. The levels of taxation can change, and any tax advantages will depend on your own situation. Some investments are riskier than others too. It’s important to consider what level of risk you’re comfortable with before you invest.
Having said that, risk and reward go hand-in-hand. Over the long term, shares could provide better returns than savings. We have Trading Tools to help you minimise your exposure to risk including our TradePlan service.
What else to think about?
Most experts will tell you not to keep all your eggs in one basket. This is good advice, it’ll help you to minimise your risk. Think about spreading your investments across a range of sectors and markets and using a mix of funds and equities.
Before you apply for an account please make sure you’ve read the below policies and our Terms and Conditions.
We’re making some changes to our Share Dealing Terms and Conditions (including Stocks and Shares ISAs). View the new terms (effective from 1st April)
Apply online now and you could be trading within minutes - please note further documentation may be required to complete your application.