The Motley Fool
Share Dealing Account
Introducing a quick, simple and comprehensive way
to buy and sell shares online.
You can buy shares in seven of the world's largest markets with our fully comprehensive share dealing account – all for a flat rate. We only charge £10 per trade for UK shares and £17.50 per trade for international shares.
What's more, we will hold all stocks on your behalf electronically - so you won't have to look after any paper certificates.
Key Features:
- £10 commission charge for real-time UK trades
- £17.50 commission charge for international trades
- No annual or inactivity fees to pay
- FREE transfer in from your current broker*
- Secure online trading
- Deal 'real-time' or use our TradePlan service to set trade limits
- FREE investor support tools and IPO notification service
* Your current broker may charge you for leaving their service.
Charges
Dealing charges
| Action | Charge |
|---|---|
| UK real-time purchase (online) | £10 |
| UK real-time sale (online) | £10 |
| International real-time purchase (online) | £17.50 |
| International real-time sale (online) | £17.50 |
| Foreign Currency Charges | 1% per trade |
| Set up or amend a TradePlan | £2 (dealing charge reduced to £8) |
| Planned Investment | £2 |
Administration charges
Whilst there are no annual fees, inactivity fees or registration fees to pay, the following items attract a charge.
| Action | Charge |
|---|---|
| Transfer out electronically to another broker | £25 per stock |
| Dividend reinvestment | 2% - capped at £10 (UK CREST eligible shares only) |
| Issuing a paper certificate | £35 (UK shares only) |
| Cash withdrawal by cheque | £25 |
For a full list of all dealing and administrative charges, please click here
Foreign Exchange Information
Foreign currency conversions are required to facilitate the settlement of international transactions and include a spread, which can vary from time-to-time, applied to the Available Exchange Rate*. The current spread is 1.0%. Indicative exchange rates are provided prior to trading, and the rate applicable to the individual trade is confirmed on the contract note once the deal has been completed.
* The available 'Available Exchange Rate' is based on the exchange rate provided within the Global Treasury Information Services foreign exchange feed supplied by Interactive Data Corporation.
Duties and levies
- Whenever a transaction is made on the London stock market or any other London-based exchange and is greater than £10,000, the details of the transaction get passed on to the Panel on Takeovers and Mergers for evaluation, and a levy is charged of (currently) £1.00 on the transaction, which goes to the Panel as payment (known as the 'PTM levy'). Find out more.
- When you buy UK investments, you also have to pay a form of tax called Stamp Duty or Stamp Duty Reserve Tax. This is 0.5% of the value of the investments you buy (1% on Irish stocks and 0% on Exchange Traded Funds).
TradePlan*
Our TradePlan service lets you take control of risk and make the most of the rise and fall of the market, without constantly monitoring it. Just instruct TradePlan as to how you want your shares managed and sit back as it executes your instructions. These are some of the features you can benefit from:
- Limit Orders: This lets you set a price above which you will not buy and below which you will not sell investments.
- Stop Loss: Lets you set a price to sell shares which is lower than the current price. It aims to protect you from falls in a share price.
- Target Setting: Use Target Setting to maximise profit when share prices rise and protect against losses when they fall. This TradePlan is a combination of a Limit Order to sell at a higher price than the current price and a Stop Loss order to sell at a lower price than the current price.
- Range Trading: Use Range Trading to specify the prices which you wish to buy and sell a particular stock without the need to constantly watch share prices. It's a combination of two Limit Orders, one to buy shares at a lower price than the current price, and one to sell them at a higher price.
- Price Locking: Use Price Locking to track a rising share price and protect you if the price begins to fall. It is an intuitive Stop Loss order that automatically adjusts your stop price to lock in rises when shares climb and protects you from sharp falls.
Each TradePlan costs £2 to set up, however if a trade is executed on that TradePlan we reduce the £10 dealing charge on that trade by £2 - so you deal at £8 a trade.
* Please note TradePlan is only available on CREST eligible UK investments.
Free investor support tools
We also offer the following research tools and market information:
- Charts: see how a company's share price is performing today or view the historical price for up to three years
- Company information: access the latest accounts and recent dividend payment news
- Latest FTSE and international indices levels
- Latest FTSE 100 valuations and Top 10 FTSE risers and fallers
- All the latest company news by the minute
- Access to free annual reports
Initial Public Offering (IPO) notification service
As a Motley Fool Share Dealing Service customer, if we are notified and offered the opportunity to partake in an upcoming IPO and we accept the terms of the offer, we will inform you of our participation as soon as possible via email. This will give you the opportunity to purchase the company's first offer of shares in the stock market before they are publicly traded for the first time. (The shares may be offered at a discount, face value or at a premium).
Apply Now:
You can apply quickly and easily for your account online, and once it's open you'll be able to start trading within days.
In order to complete the online application process you will need:
- Your address details for the last three years
- Your bank account details (debit card, sort code and account number)
Once you have completed your application successfully we will send you your PIN and also issue you with a temporary password to activate your account.
