Open position in share dealing

[PSConceicao]

Hi, if I bought some shares, how long can I keep that position open? Do I have to pay any fees or commission regarding that open position? Thanks

[Guest dion]

You can keep the position open years.There is no commission,but you have to pay funding fee ,which is calculated daily on the price .As the rates are so low now it should be around 2% a year.You also take a dividend if the company pays any

 

[MarkCarney]

Indefinitely so long as you have equity in the account to cover funding costs and mark-to-market P&L.

You pay commission via the spread if a spread bet/CFD, an amount of cash if buying the shares.

You will receive dividends net of withholding tax.

If you don't need the leverage and have a long time horizon, dealing in the physical shares vs spread bet/CFD is normally cheaper and less stressful.

If you are using leverage, think very carefully before gearing up more than x2.