£10 fee

[CarlaJJohn90]

Hi Everyone.. im new to this broker and im being charged £10 for every trade - I thought it was £10 for the first 3 trades? Please can someone let me know as I cant find anything that explains it properly. TIA

Edited January 28, 2021 by CarlaJJohn90

[CharlotteIG]

4 hours ago, CarlaJJohn90 said:

Hi Everyone.. im new to this broker and im being charged £10 for every trade - I thought it was £10 for the first 3 trades? Please can someone let me know as I cant find anything that explains it properly. TIA

Hey, 

The reduced commissions kick in if you have traded 3 or more times in the previous calendar month. 

So if you've traded 6 times in January 2021 it means in February 2021 you will get free US share traded: 

 

[alxndrlondon]

On 28/01/2021 at 13:45, CharlotteIG said:

Hey, 

The reduced commissions kick in if you have traded 3 or more times in the previous calendar month. 

So if you've traded 6 times in January 2021 it means in February 2021 you will get free US share traded: 

 

Does it continue over the next month? Let's say I always make 3 trades a months, will it always be fee free for me? 

Also, does this apply in case I trade 29th of Jan, and then it's fee free February, or I need to wait at least til 28 of Feb?

 

Thanks in advance

[CharlotteIG]

14 hours ago, alxndrlondon said:

Does it continue over the next month? Let's say I always make 3 trades a months, will it always be fee free for me? 

Also, does this apply in case I trade 29th of Jan, and then it's fee free February, or I need to wait at least til 28 of Feb?

 

Thanks in advance

If you place 3 trades in the January it will only be free for February but if you make 3 trades in February you will get March free. 

It works per calendar month meaning if you traded 3 times on 29th January you can the free US trades in February 1sts.

All the best

[Guest CharlotteIG]

So, does buy is consider as single trade? and selling of same stock is considered as another trade ?

if that's true,  in 1st month of opening account if I do 4 transactions (buy, sell & buy, sell) I'm eligible for free commission from next month ?