Jump to content

Commision Query on shares (Newbie here - any replies appreciated)


Finbar

Recommended Posts

  • 1 month later...
On 20/01/2021 at 17:46, Finbar said:

Hi, 

I made 4 share purchases yesterday, each had a £10 commision.

I thought after 3 purchases the comission doesnt apply to future purchases?

Please could someone advise?

Kind Regards.

 

On 09/03/2021 at 19:59, Guest too expensive said:

i have also traded 3 times and it is still asking for £10 a trade! !

Thanks for your post. 

The reduced commission fees work per calendar month not from the first time you traded: 

image.png

So if you traded 3 times in February, in March you will have the reduced commissions. 

I hope this helps clarify why you were charged. 

All the best

Charlotte 

Link to comment
On 27/01/2021 at 16:05, dogfish said:

I traded a single share of Apple on the demo account got out for 50c profit a few minutes later and the commissions recorded were $30 -  $15 to get in and $15 to get out. This seems extremely expensive?

When trading on a CFD account for shares you're charged commission. Make sure the amount you're trading and profit goal you desire takes into consideration the amount of commission you need to pay: 

https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/fees-and-charges/what-are-igs-shares-cfd-product-details

If you're a UK client you can use the spread betting account if that works for you because you don't pay commission on shares the charge is incorporated in the spread. 

All the best 

Charlotte 

Link to comment
  • 3 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Demo account: Please note that conditions on demo accounts may differ from real accounts. Some brokers may only provide overnight loans on real accounts and not on demo accounts.
    • Swap Rate: Check the swap rates for your open positions. Overnight loans are calculated based on the difference between the interest rates of a currency pair, and if the difference is small or negative, you will not receive a loan.
    • Civic (CVC) emerges as a game-changer in the realm of identity verification, offering a secure and decentralized solution for payment verification between "Identity Verifiers" and "Identity Requesters" within the Civic ecosystem. With its innovative approach and recent developments, Civic is making waves in the cryptocurrency market Payment Verification: Civic's primary use case lies in facilitating payment verification between parties within the Civic ecosystem. By leveraging blockchain technology, Civic provides a secure and transparent method for verifying identities and ensuring trust in transactions.  Integration with Solana Token Extensions: Civic's recent announcement on X revealed that Civic Pass is now integrated with Solana Token Extensions, further enhancing its utility and interoperability within the blockchain ecosystem. This integration opens up new possibilities for Civic's application and adoption.  Civic (CVC) is now listed on Bitget  and other CEX providing users with convenient access to trade and engage with the token. This listing further enhances Civic's visibility and liquidity, attracting new users and investors to the ecosystem. 
×
×
  • Create New...
us