Account Charges

account buttonAccount Fees - Headline Pricing

  • Flat-rate share dealing just £10 per trade (including ETFs & investment Trusts)
  • International and phone trades just £10
  • Frequent Trader Rate £5
  • Fund initial commission - 0%
  • Charges for "non-commission paying" products - NIL
  • SIPP administration fee £10 per month (plus VAT)

    • Interactive Investor's Account has focused on providing its clients low-cost and transparent pricing, with no hidden charges or fees for non-commission paying funds, like investment trusts, tracker funds and ETFs.

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    Trading - Charges

    UK dealing charges - per calendar month

    First 10 trades - £10 commission

    All subsequent trades - £5 commission

    £1.50 for regular investment purchases with Portfolio Builder

    International dealing charges £10 commission
    ISA Account Fee £0 – No account fee payable
    Corporate Action Administration Free
    Transfers In Free
    Transfers Out

    £15 per line of stock

    De-minimus amount

    Dividend Reinvestment Charge

    Dividend Pay-away

    We will not pay out balances of less than £5

    1% of the value of the dividend paid (capped at £10)

     

    The minimum amount that we will pay away must exceed £25 per line of stock

    Stamp Duty

    UK equities: 0.5%

    Irish equities: 1%

    PTM Levy (where applicable) £1 for transactions over £10,000 gross consideration
    Interest Payable Interest will not be paid on cash held in your ISA account.
    Dematerialisation Free (only available for Crest securities)
    Re-materialisation (issuing of paper certificate) £20 per certificate (only available for Crest securities)
    Fund Dealing Charges - Initial Commission All funds on Interactive Investor are now 0% initial commission
    Fund Dealing Charges - Annual Management Charge (AMC) Most funds charge an annual fee for the management of the assets – this is known as the AMC. These range from 0.1% to 2%, with most being between 1% and 1.5%. This charge is automatically reflected in the value of the price and therefore the portfolio price reflects the true value of your holding.

    Administration Charges

    Registration of Legal Documents (Estates) £25
    CHAPS payment £25
    Copy of tape recording when we are not at fault £20
    Copy of call transcript when we are not at fault £20
    Valuation for probate £10 per stock
    Overdue payment / stock chaser £5 for first communication, £10 for subsequent
    Late settlement / Sell out / Buy Back charge £40 per investment
    Hard copy contract note / Statement / CTV £10 per document
    Cash withdrawal by cheque £25 per cheque issued
    Unpaid direct debits or bounced cheque £20
    Insufficient funds (to pay charges)

    £25

    SIPP - Schedule of Fees

    All fees are payable annually in advance in year one. Fees will be taken quarterly in advance thereafter.

    Set up: Nil
    Annual administration: £120 + VAT per annum
    Transfer in: £50 + VAT per pension transfer (maximum of £300 + Vat per SIPP)
    Benefits Crystallisation Event: £150 + VAT 
    Pension Review: £150 + VAT 
    Income Withdrawal: £125 + VAT pa up to the age of 75
    £200 + VAT pa after the age of 75
    Annuity Purchase : £75 + VAT 
    Transfer Out: £300 + VAT 

    All fees are subject to the addition of VAT at the prevailing rate and are subject to annual review

    Interactive Investor Trading Limited is authorised and regulated by the Financial Services Authority and is a member of the London Stock Exchange. Registered office: Standon House, 21 Mansell Street, London, E1 8AA. Registered in England with Company Registration Number 3699618.

    The Lifetime SIPP Company Limited is Authorised and Regulated by the Financial Services Authority. Registered Address: Blandford House, 77 Shrivenham Hundred Business Park, Majors Road, Watchfield, Swindon. SN6 8TY. Registered Company Number 2455807

    February 2012