jasear
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Posts posted by jasear
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Thanks for the explanation. I saw that link you posted before I joined. I have gone through that page again and I dont see where it states that in the first month of joining I am required to pay a premium trading charge. Maybe I am missing it can you please clarify where exactly does it state this?
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Can someone clarify please. I want to buy some more stocks but need to understand the costs.
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Thanks for your reply. I attach another screenshot:
This is for Tesla shares. If its 0.5% for conversion it doesnt add up to $12 even if I take into account the £3 charge.
The charges seem to be at the same kind of rate regardless of whether I buy UK or USA share. It seems to be a fixed %
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Hi
I have posted a screenshot. Can someone please explain to me why there is a £12.93 charge? What does this relate to please? I thought the charge was £3 per share trade.
Also when are the charges made? Immediately or the following months? So lets say if I make 3 trades on US stocks this month am I charged for them? I am finding the whole topic around charges a bit confusing so will appreciate any clarification.
I have searched around but I have not found a satisfactory explanation yet.
I thank you in advance.
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Explanation of charges
in Investments, share dealing, and Smart Portfolios
Posted
Sorry @Bpcue, I am confused. That states that there is no £3 charge per trade if you have made 3 trades in the previous month. Ah ok are you saying that in the first month that you joined as there is no previous month therefore you end up paying the £3 per trade charge?
I can understand that but the issue I have is the charges are much higher than that. If you look at the screenshots I posted the charge comes up to about $12 on a $1000 trade. So even if I factor in the $3 charge + 0.5 for the currency conversion it adds up to $8 but the charge it shows in the screenshots is over $12.
Same for the UK shares even if I add the 0.5% for stamp duty + £3 share trade it adds up to £8.