Custody fees for Share Trading account and IG Smart Portfolio

[nickpr]

I currently have only a Share Trading account and therefore need to pay custody fees.

If I understand this statement from the IG website correctly:

"You are also automatically exempt from the share dealing custody fee if you invest £15,000 in an IG Smart Portfolio account. "

if I setup an IG Smart Portfolio account and invested £15000 in that I would no longer need to pay custody fees for the Share Trading account.

Is that correct?

[AshishIG]

On 16/04/2023 at 03:26, nickpr said:

I currently have only a Share Trading account and therefore need to pay custody fees.

If I understand this statement from the IG website correctly:

"You are also automatically exempt from the share dealing custody fee if you invest £15,000 in an IG Smart Portfolio account. "

if I setup an IG Smart Portfolio account and invested £15000 in that I would no longer need to pay custody fees for the Share Trading account.

Is that correct?

Hi @nickpr,

That is correct. If you open an IG Smart Portfolio account with a minimum investment of £15000, you will not be charged any custody fees for your Share Dealing and ISA accounts. This exemption will be applied automatically. To learn more about our Smart Portfolio accounts and associated charges, please follow the link provided: 
https://www.ig.com/uk/investments/smart-portfolios

All the best,
AshishIG