Dealing charges are taken as part of each deal (or transaction). If, for example, you wish to buy shares in four companies; there will be four deals, and each deal will have its own dealing charges.
The following shows dealing charges only. Remember, your Share Account costs £2.50 + VAT per quarter Administration fee.

If you buy 500 shares of company A at £1.00, your costs for this deal would be:
| Cost of the shares | £500 |
| Dealing commission (1%, or minimum charge of £7.50) | £7.50 |
| Stamp Duty (0.5%) | £2.50 |
| Total cost | £510 |

If you buy 2,000 shares in company B at £1.00, your costs for this deal would be:
| Cost of the shares | £2,000 |
| Dealing commission (1%, or minimum charge of £7.50) | £20 |
| Stamp Duty (0.5%) | £10 |
| Total cost | £2,030 |

If you buy 10,000 shares of company C at £1.00, your costs for this deal would be:
| Cost of the shares | £10,000 |
| Dealing commission (1%, or minimum charge of £7.50) | £100 |
| Stamp Duty (0.5%) | £50 |
| PTM Levy (£1.00 flat) | £1 |
| Total cost | £10,151 |

If you buy 10,000 shares of company D at £3.00, your costs for this deal would be:
| Cost of the shares | £30,000 |
| Dealing commission (1%, or minimum charge of £7.50) | £300 |
| Stamp Duty (0.5%) | £150 |
| PTM Levy (£1.00 flat) | £1 |
| Total cost | £30,451 |
| Company | Number of shares |
Buy price |
Cost of shares |
Dealing commission |
Total cost |
|||
| A | 500 |
£1.00 |
£500 |
£7.50 |
£2.50 |
n/a |
£510 |
|
| B | 2000 |
£1.00 |
£2,000 |
£20 |
£10 |
n/a |
£2,030 |
|
| C | 10,000 |
£1.00 |
£10,000 |
£100 |
£50 |
£1 |
£10,151 |
|
| D | 10,000 |
£3.00 |
£30,000 |
£300 |
£150 |
£1 |
£30,451 |
Remember, your Share Account costs £2.50 + VAT per quarter Administration fee, and the Trader Option costs an additional £20.00 + VAT per quarter.

If you buy 2,000 shares of company B at £1.00, your costs for this deal would be:
| Cost of the shares | £2,000 |
| Dealing commission (£7.50 fixed charge with Trader option) | £7.50 |
| Stamp Duty (0.5%) | £10 |
| Total cost | £2,017.50 |

If you buy 10,000 shares of company C at £1.00, your costs for this deal would be:
| Cost of the shares | £10,000 |
| Dealing commission (£7.50 fixed charge with Trader option) | £7.50 |
| Stamp Duty (0.5%) | £50 |
| PTM Levy (£1.00 flat) | £1 |
| Total cost | £10,058.50 |

If you buy 10,000 shares of company D at £3.00, your costs for this deal would be:
| Cost of the shares | £30,000 |
| Dealing commission (£7.50 for each £25,000 deal) | £15 |
| Stamp Duty (0.5%) | £150 |
| PTM Levy (£1.00 flat) | £1 |
| Total cost | £30,166 |
| Company | Number of shares |
Buy price |
Cost of shares |
Dealing commission |
Total cost |
|||
| B | 2,000 |
£1.00 |
£2,000 |
£7.50 |
£10 |
n/a |
£2,017.50 |
|
| C | 10,000 |
£1.00 |
£10,000 |
£7.50 |
£50 |
£1 |
£10,058.50 |
|
| D | 10,000 |
£3.00 |
£30,000 |
£15.00 |
£150 |
£1 |
£30,166.00 |
As you can see, you would save money with the Trader option in the examples above.
If you are unsure about any of our charges, or if you'd like to switch to or from the Trader option please call our Customer Service team on 01296 41 41 41.
01296 41 41 41
Open an account online and start dealing today.
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