The Share Centre - Share Account

Please remember: Our website can help you make informed decisions, not provide personalised advice. If your investments fall in value, you could lose money.
Tax allowances and the benefits of tax-efficient accounts could change.

Open a Share Account

The more you invest in funds, the more sense our fixed account fees make. Open your Share Account today for £1.50 + VAT a month.

Straightforward pricing

A fixed monthly admin fee of £1.50 +VAT makes our Share Account very cost-effective, and ensures that your charges are easy to calculate. There's no annual investment limit with a Share Account, unlike ISAs, pensions and CTFs.

Withdrawing your money

Unlike pensions and child trust funds, your money is not locked into your Share Account for a period of time. You’ve got the flexibility to withdraw your money whenever you want or need it.

Quick set up, easy to manage

It only takes minutes to open a Share Account online. As soon as you transfer some money into your account, you can start investing. Check prices, track performance and manage your account securely online at or over the phone for no extra charge. You can even set alerts and 'stop-loss' limits to automatically sell shares at a price you're happy with.

We’ll send you contract notes, account statements twice a year, and keep you informed of takeovers and mergers which might affect your investments. Proceeds from any sales will be added to your balance and it’s your choice whether dividends are re-invested or paid out as income.

Choose your own investments from a wide range

Whether you want to buy shares in a FTSE 100 company or invest in a global fund, you can do it with us.

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.



I usually deal less than £750 or occasionally


I deal more than £750 frequently or have a lump sum to invest

Dealing option fee (per quarter) £0 £20 + VAT 
Admin fee £1.50 + VAT per month £1.50 + VAT per month
Dealing commission (per deal)  £7.50 for deals less than £750, 1% for £750 and above £7.50 
Regular investing 0.5% (min £1.00)  0.5% (min £1.00)
Automatic reinvestment 0.5% 0.5%

Statements & contract notes 

By email Free
By post £1.00 + VAT per month

Other dealing fees

Stamp Duty Levy 0.5% 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 & OEICs Any discount we negotiate for you on the initial fee will be used to buy additional units.
Foreign Financial Transaction Tax Payable 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 transfer Free
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 in Free
Transferred to another broker (per account or part thereof) £25.00
Re-registration to certificate (per certificate) £25.00
Gifting fee Free

Closing account (excluding dealing & transfer costs)

Fee Free

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?
Gross interest on any cash you hold is credited quarterly to your account at the Bank of Scotland base rate less 3.5%. The Share Centre may retain the difference between the interest paid to you and the interest we are able to earn, as permitted by The Financial Conduct Authority.

We don't charge an inactivity fee

If your account is empty then you will not be charged an admin fee and you can keep the account open until you are ready to invest again. Other fees may apply.

Mr Smith

Best Online Stockbroker 2016

"Very easy to set up a stocks & shares ISA and add stocks (after doing some research). Website is very easy to use with lots of great information to help you make a decision about which stocks to buy."

Mr Smith

About The Share Centre

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