Jump to content

Recommended Posts

  • 2 weeks later...

I wonder how their UK offering will compare to all the other commission-free UK brokers (I can think of four off the top of my head). Free of fees or not, if your share dealing account isn't in a tax wrapper like an ISA or SIPP then you'll still be liable to pay dividend and capital gains tax on your profits. Of course, Robinhood aren't tax advisers so they don't have to tell clients this. 

Even though they're late to the UK market, they'll probably steam ahead like they did in the US. It will be interesting to see how/if established brokers respond to the extra competition. 

  • Like 1
Link to post

I like that they don't charge 'custodian' fees like IG do.  £24 per quarter for what?  As the cannabis fiasco shows, ultimately you don't even have full control over the shares you buy.

Link to post

We all appreciate good service and products but those things can’t be provided for free as there is always some cost.  Everyone needs to pay the bills, including IG. I think that charging fees that are reasonable is fair. IG provides friendly & professional service and companies and people should be allowed to charge or we will loose out in the long run as they may not be here because they are broke. 

Link to post

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
  • General Statistics

    • Total Topics
      14,918
    • Total Posts
      72,521
    • Total Members
      60,837
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    Trader90
    Joined 13/04/21 18:40
  • Posts

    • Ok that fine. So GIK is a SPAC, if the vote goes as expected, will my shares be automatically changed for ZEV shares? 
    • Haha, people really still believe this merry-go-round nonsense. He is of course just paving the way for more lockdowns later in the year.   Julia Hartley-Brewer  @JuliaHB1 11m If @BorisJohnson thinks the vaccines aren't the reason why we've seen plunging death rates from Covid among those who've been jabbed, he should probably also have a word with the @BorisJohnson who tweeted this last Friday... Left hand, meet right hand.   Julia Ha  
    • Johnson telling us now that the seasonal decline in flu type diseases is all down to lockdowns (not vax). Johnson realises at this stage that there is no amount of BS Brits won't swallow.  Research papers showing lockdowns haven't worked keep pouring out, all totally ignored by the PM and SAGE who stick to their fake models. Did Lockdown Work? An Economist’s Cross-Country Comparison | CESifo Economic Studies | Oxford Academic (oup.com)   MSM don't mind, they're making a bundle out of this as well. 'The government spent more than £184m of taxpayers money on media advertising relating to Covid in 2020. The UK government have gone from the 30th largest media spender in 2019 to the largest in 2020.' Govt spent more than £184m on Covid comms in 2020 (campaignlive.co.uk)   Meanwhile the never ending trail of excuses for continual lockdowns are being debunked by real science one after the other ... U.K. COVID-19 variant doesn't cause more deaths, study finds | Seeking Alpha      
×
×
  • Create New...