Charges

When you open your first account you'll pay a one-off £25 account opening charge - any products that you add to your existing account are free to open. You'll pay no quarterly/annual administration or inactivity charges. All other trading charges are below.

Commission charges

UK trades: £5 commission

Fund trades: Commission free

Regular investments: £2 commission

International trades: £5 commission, 1.5% foreign currency charge
Foreign currency conversions are required to facilitate the settlement of international transactions. We apply a charge of 1.5% either side of the available exchange rate when buying and selling international securities. The available exchange rate is based on the exchange rate provided by Digital Look. 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.

Other trading charges

UK shares

When you buy UK stocks, 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).

Fund trading

Fund managers will typically charge an initial commission of anything up to 5%. In addition to this upfront cost there will often be an annual management charge of up to 1.5%. We offer a wide range of funds with discounted initial charges or an initial charge of 0%.

Over £10,000

If you buy or sell any investments over £10,000 you pay a levy of £1.00 to the Panel on Takeovers and Mergers (PTM).

Share Dealing

Risk warning

Please remember the value of your investment can go down as well as up and you may not get back the full amount you invest.

We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor.

The IWeb Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14 5HS. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager