When you trade and invest with us we think it's really important that you clearly understand exactly what you'll be paying, what you'll get from us, and that you'll always get great value for money and in some cases, the best price around.
There are 4 main types of fees that you'll become familiar with. These are; Account Fees, Share Dealing Rates (we sometimes refer to these as Trading Commission Fees), Platform Fees (for holding investment funds) and Other Fees (e.g. FX)
We have Account Fees on our Trading Account, Stocks & Shares ISA and SIPP. These fees cover the services and support we provide including:
Safe custody of your portfolio
Online access to our platform
An annual account statement and consolidated tax certificate
Corporate action and dividend payment administration
Access to market research tools, reports and expert analysis
Free mobile trading apps
Our UK based call centre
Types of fee and payment frequency
|Account Type||Fee||When is this calculated and charged?|
£20 + VAT per charging period, or
FREE if you: place 1 or more trades in the charging period, or have a portfolio worth £15,000 or more, or hold Funds (Unit Trusts or OEICs) worth £10,000 or more, or have a linked Stocks & Shares ISA or TD SIPP
Charging periods are on 1st January to end June, and 1st July to end December.
We have chosen to refund this fee since 2015.
|Stocks & Shares ISA||
£30 + VAT per year or part year, or
FREE if you: have a portfolio of £5,100, or have an active regular investing facility
|The charging period starts on 1st June. The fee is charged to your account in early June, calculated on the account value on the last business day in May, or on closure of your account.|
0.25% of the value of the SIPP per charging period
with a minimum of £40 + VAT and a maximum of £100 + VAT per charge (total minimum £80 + VAT and maximum £200 + VAT per year).
Charging periods are on 1st December to end May, and 1st June to end November The fee is calculated on value of your SIPP on last day of each period and charged to your account shortly afterwards.
* Invest in shares, ETFs & Investment Trusts on our lowest share dealing rate in your first 3 months. After the 3 months, we’ll move you onto our Active, Frequent or Standard rate depending on how often you trade.
Ways to pay £0 for your Account Fees
Trading Account and ISA fees do not apply if you meet the following criteria:
Place 1 or more trades every 6 months, or
Have an individual portfolio valuation of £15,000 or more, or
Have a Funds (Unit Trusts/OEICs) valuation of £10,000 or more, or
Have an ISA or SIPP linked to your Trading account
Stocks & Shares ISA
Have an ISA balance of £5,100 or more, or
Have a regular investing facility set up
The value of your investments may go down as well as up. You may not get back all the money that you invest.
Paying your Account Fees
To pay for Account Fees you need to ensure that you have enough cash to cover these at any time. If there is insufficient cash in your account when the fee is applied and your account goes overdrawn, further charges may apply.
You can avoid this by setting up a Direct Debit and using cash in your bank account to pay for the fees. This means that you don’t have to worry about leaving available cash in your portfolio.
To receive email notifications that your fees are about to be paid, please check that you have provided your email address and that your preferences for communications are up-to-date.
Login > My Profile > My Details & Preferences > Update your Preferences
Things to consider
To set up a Direct Debit within your account Login and choose 'Manage Fee Payments' from the 'Payments' menu.
The Direct Debit will impact all linked TDDI accounts
We don’t offer a choice of payment dates. See Types of fee and payment frequency table above
For more information regarding paying your Account Fees by Direct Debit, go to our Help Centre