Take a look at our competitive charges to see how IWeb can provide you with a low cost share dealing service.
You will pay a £25 charge for the first Share Dealing Account or ISA that you open with us, and we also charge for specific services such as transferring shares to another provider or drawing down on your SIPP.
When choosing the account that suits you, please ensure you understand our dealing commission, additional trading charges and account administration charges.
UK trades: £5 dealing commission per trade
Fund trades: £5 dealing commission per trade
International trades: £5 per trade; 1.5% foreign currency charge
When you buy UK stocks, you also have to pay a form of tax called Stamp Duty or Stamp Duty Reserve Tax to the Government. This is 0.5% of the value of the investments you buy (1% on Irish stocks). You do not pay Stamp Duty on AIM stocks or Exchange Traded Funds.
Foreign currency conversions are required to facilitate the settlement of international transactions. We adjust the exchange rate by 1.5% and keep the difference as our fee 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 trade has been completed.
If you're looking to invest in a fund, please note the fund manager will add on various charges within the fund. You can find details of these within the fund documents.
In relation to a number of the funds we offer, we have negotiated discounted initial charges, or an initial charge of 0%.
Trades 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).
We offer a range of TradePlans to help you control the risk involved with stock market investing. Our automated trading platform will attempt to buy or sell your shares at a target price that you set.
When you set-up a TradePlan we will charge you £2. If a trade is executed as part of the TradePlan we'll then reduce your dealing commission charge by £2.
You'll pay for each new TradePlan you set-up so if you amend your current TradePlan or it expires, it'll cost you £2 to set-up a new one.
Please note: TradePlans are only available on CREST eligible UK shares.
For ISAs and SIPPs there is no charge to set-up a TradePlan and standard commission rates apply to a trade carried out under a TradePlan in a Stocks and Shares ISA or a SIPP.
If you would like to know more about TradePlans and how they can help you look after your investments, take a look at our TradePlan options.
We have created a useful charges factsheet which lets you understand all of the costs associated with our share dealing accounts. View our charges factsheet
We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.