Share Account

Costs & dealing options

Whether you invest once a year or several times a day, we have a dealing option to suit you. They’re designed to keep your dealing as cost-effective as possible depending on how often you buy and sell.


Standard

I deal occasionally, typically for smaller amounts

Frequent

I deal frequently or have a sizeable sum to invest

Dealing option feenone £20 + VAT per quarter 
Admin fee£1.50 + VAT per month£1.50 + VAT per month
Dealing commission 1% per deal (min £7.50)£7.50 per deal
Regular investing0.5% (min £1.00) 0.5% (min £1.00)
Automatic reinvestment0.5%0.5%

Statements & contract notes 

By emailFree
By post£1.00 + VAT per month

Other dealing fees

Stamp Duty Levy0.5% payable on the purchase of UK shares (excluding certified shares on AIM and other recognised growth markets). Other rates may apply to shares listed outside the UK.
PTM Levy£1.00 on all transactions over £10,000.
Unit Trust & OEICsAny discount we negotiate for you on the initial fee will be used to buy additional units.
Foreign Financial Transaction TaxPayable on the purchase of certain European shares. The charge varies depending on the country.

Other fees payable on all dealing options

Cash withdrawal

3-5 day transferFree
Same day transfer£25.00
Overseas£50.00 (restrictions apply)
By cheque£5.00

Bounced cheque or unpaid direct debit

Handling fee£25.00

Share transfer 

Transfer inFree
Transferred to another broker (per account)£25.00
Re-registration to certificate (per certificate)£25.00
Gifting fee - spouseFree
Gifting fee - charityFree
Gifting fee - otherFree

Closing account (excluding dealing & transfer costs)

FeeFree

Administering a deceased customer account

Fee£50

How are my account costs paid?

Administration fee
Taken from your account on the 26th of each month or the next business day. If there is not enough money in your account to pay the fee, we will take the payment from the next credit to your account. If outstanding fees increase over time, you will be able to see the amount owed on your statements. You can then pay into your account as normal to cover the fee owed. Please note, we may write to you if the outstanding amount is not cleared and we may have to sell investments in your account to cover the fee owed.

Statements & contracts notes
Same as above if received by post (free if received by email).

Frequent dealing option fee
If you’ve chosen our Frequent dealing option, the first payment is taken from your account when opened (and quarterly thereafter). We’ll let you know if there’s not enough money in your account to pay the fee, and switch you to our Standard dealing option if you still don’t pay enough money in.

Dealing commission and Regular Investing fees
Taken from your account as part of each transaction.

Other fees
Taken from your account at the time of the individual transaction. We will contact you if there is insufficient money in your account to cover any fees due.

What interest is paid on cash in my account?

Interest is paid gross on cash balances at the Bank of Scotland Base Rate less 3.5% and is credited quarterly to your account.

Switch to us

Switch to us

Transfer your account/s to The Share Centre and we'll pay up to £300 towards any transfer fees.

Our pricing