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Fee in the first month?


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Hi

I have opened an account with IG today with the primary aim to trade US shares.

The fee structure says that for 3+ trades in the previous month, all transactions in the current month shall be free. Can you explain this a bit better?

1. In the first month, all the shares I trade, shall be charged for? Irrespective of the number. Lets say I buy shares of 10 different companies. So 10x$15 = $150. So, only in the second month do I get free from the charges?

2. The $0 charge in the shares traded in the second month (assuming 10 shares traded in month 1) - how is this done? $15 charged and then returned back. Or not charged in the first place itself?  

 

Regards

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