Jump to content
  • 0

Details on Share dealing and ISA fees


JustStarting

Question

Hi,
 
I have set up an IG Trading account and within that account, I created ISA account and a Share dealing account.
I find it a bit difficult to understand the fees.
 
Since I have shares on ISA account and now also shares on the normal Share dealing account, would it mean that
a) I will have to pay 48 GBP/ quarter as this is per each account within the account? or
b) would it be 24GBP/ quarter in total?
 
Also, form when you count as a month starts so I can calculate my commission fee discounts?
 
Thanks a lot,
JustStarting
 
Edited by JustStarting
Link to comment

6 answers to this question

Recommended Posts

  • 0
2 minutes ago, JustStarting said:

would it be 24GBP/ quarter in total?

It would be £24 a quarter. If the accounts are under one username it would be £24. 

3 minutes ago, JustStarting said:

Also, form when you count as a month starts so I can calculate my commission fee discounts?

It would be from the 1st to the end of the month. All the best

If you need me, @ me      

  • Like 2
Link to comment
  • 0
On 02/04/2020 at 16:31, CharlotteIG said:

It would be £24 a quarter. If the accounts are under one username it would be £24. 

It would be from the 1st to the end of the month. All the best

If you need me, @ me      

Is £24 a quarter fee exempted if we trade 3+ quarterly in our 'Share dealing ISA'?

Link to comment
  • 0
17 hours ago, CharlotteIG said:

That's correct. 

If you place 3 trades in the quarter leading up to the fee you will not be charged. 

All the best 

Thanks CharlottelG for confirming about the charges.

I was confused because the fees section only says 'Share Dealing account', it doesn't mention ISA so thought it's not included.

Deal three or more times on your share dealing account during the quarter

 I look forward to open my ISA soon.

Regards

 

Link to comment
  • 0
14 minutes ago, robb9 said:

Thanks CharlottelG for confirming about the charges.

I was confused because the fees section only says 'Share Dealing account', it doesn't mention ISA so thought it's not included.

Deal three or more times on your share dealing account during the quarter

 I look forward to open my ISA soon.

Regards

 

Hey, 

ISA trades do count towards the quarterly fee. I will speak to websites about changing this because I can see how this is confusing. 

All the best 

  • Like 2
Link to comment

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
  • Posts

    • Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame.      
    • US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy.   The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish?   Apr 28, 2022 | DailyFX Nick Cawley, Strategist
    • While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.        
×
×
  • Create New...