The UK AIM (not the standard FTSE) stocks are commission freeā¦
UK ETFs are free, although scrolling down to āCosts and Chargesā on some ETFs⦠thereās an āOngoing chargesā section which seems to have varying percentages in itā¦
The UK AIM (not the standard FTSE) stocks are commission freeā¦
UK ETFs are free, although scrolling down to āCosts and Chargesā on some ETFs⦠thereās an āOngoing chargesā section which seems to have varying percentages in itā¦
All stocks on freetrade are commission free. I think you might be thinking of stamp duty at 0.5% which is a government tax. Most AIM stocks donāt have stamp duty
Almost all ETFs will have an ongoing fee which is essentially the management fee levies by the ETF manager for running the ETF.
You might also see transaction fees/cost, this is an indication of the costs of transactions occurred in the fund from the previous year
Thatās just the cost of trading isnāt it?
Most platforms have FX fees, Iām not sure what else there is to say⦠itās only 0.45%.
If youāre trading Ā£120k a year then Ā£500 shouldnāt be a large cost if youāre a successful trader.
True. Unless like me you fund your etoro account with a credit card that has zero fees so itās just the current gbp/usd exchange rate that applies
I believe places like IG do deals for frequent traders where the FX fee on trading US stocks is Ā£0 if you do more than 3 trades in the previous month (commission on those is Ā£10 each)ā¦
If youāre a frequent trader, that seems less painful
Thatās trading fees.
FX is still 0.5% for IG as far as Iām aware.
Iām not saying FT are the best for every type of trader/investor, but their offering is fairly competitive and good value across the board IMO.
I think the free AIM stocks and ETFs are great value.
I can see why theyāre so popular with the FT community now.
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