Price list
(from 1 July 2009)
- The value of investments can fall as well as rise and any income from them is not guaranteed. You should be prepared to lose your investment. Past performance is not a guide to future performance.
- Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.
Annual account fees
An annual Management Fee is payable per customer, covering all portfolios in the customer’s name The options available, and covered by the Fee, are as follows: |
£35 plus VAT per annum or part thereof, payable annually in advance. Includes three trades free of our standard dealing fee of £12.50 per trade, in the month in which the management fee is charged.1 |
| Sole customer: | Notes: |
| Dealing | |
| Designated dealing | A designation can be used, for example, to identify an account earmarked for a child or special purpose, but has no legal standing. |
| Shares ISA | |
| SIPP Dealing | Your chosen SIPP Trustee/Administrator may make a charge |
| Joint customer: | Where you hold a sole account and are also party to a separate Joint account, you should note that the management fee is payable for both accounts. |
| Joint Dealing | |
| Joint Designated | |
| As sole or joint customer you can register for our Identity Monitor service which helps to reduce your risk of identity theft and financial fraud. | |
| First 12 months | Free of charge |
| After 12 month | £10 for a 12 month subscription |
| Identity Monitor | £35 for a 12 month subscription (introductory price extended until 30 June 2010, standard price £45). |
Please note you can only receive Selftrade Identity Monitor Lite free of charge once. If you cancel the service and you wish to re-register, you can do so on payment of the 12 month subscription fee. |
|
| Child customers: | A child cannot invest in stock market investments except via these portfolios. Child accounts are exempt from the annual Management Fee |
The Fund Manager's annual management charge, maximum 1.5% p.a. which is accounted for within the fund value. Selftrade charges no account fee |
|
| Child SIPP Dealing | Your chosen SIPP Trustee/Administrator may make a charge |
| Investment Club: | |
| Investment Club | |
| Company: | |
| Company Dealing | |
1The management fee is due as at 1 July annually and will be debited to accounts, following notification to you, in August. It covers the Fee for the coming 12 month period; no refund is given should the account be closed during this period. For accounts opened after 1 July each year, the fee will become payable as at 1 July in the following year. Where you hold a sole account and are also party to a separate Joint account (identified, therefore, by a different account number), you should note that the management fee is payable on both accounts.
Dealing fees (online, by phone and online via a mobile)
| Purchases | Sales | |
| Standard rate (excluding Funds) | £12.50 | £12.50 |
| Frequent trader rate | £6 | £6 |
| (applies after first 100 trades at standard rate in each calendar quarter) | ||
| Regular Investment Service | £1.50 | £12.50 |
| Dividend Reinvestment Service | £1.50 | £12.50 |
| Fund Packages Investment Service | Free | £12.50 per individual fund |
| Funds (Unit trust and OEIC) | Free | £12.50 |
| Limit or stop loss orders | No additional charge | No additional charge |
| For details of charges on Selftrade CFD and Spread betting accounts please see the Market Information Sheets for CFDs or Spread betting, as appropriate. |
Duties and Levies
| Stamp Duty | |
| Purchases of UK equities | 0.5% |
| Purchase of Irish equities | 1% |
Purchase of some EuroBonds |
0.5% |
(Please call Customer Services for further details) |
|
| PTM Levy | £1 flat rate charge on equity transactions over £10,000 |
| Interest payable (from 05 February 2009) | ||
| Gross interest rate applied to whole balance 2 | ||
|---|---|---|
| Cash balance band | Dealing, ISA and SIPP Dealing accounts | CTF accounts |
| £1 - £15,000 | 0.00% | 0.00% |
| £15,001 - £50,000 | 0.00% | 0.00% |
| £50,001 - £250,000 | 0.00% | 0.00% |
| £250,001+ | 0.10% | 0.00% |
2The indicated rates are payable on cash held in all account types except Child Trust Funds. We pay interest monthly, normally on the first working day of each month. We don't pay amounts of less than 30p and these will not accrue to the next period. Interest is calculated separately for each account type held at Selftrade. Interest on cash held in Child Trust Fund credit interest is paid at 1% below base rate. Except in the case of an ISA, credit interest is paid gross of UK income tax and you should, where applicable, account separately for any tax due. For an ISA, a tax deduction is made, currently at 20%, and shown separately to the credit interest payment.
Interest payable on late payments
| Bank of England Base Rate on the full amount outstanding on your account. | |
| Late Payment Administration Charge | £15 |
Other fees and charges
| Deposit of a paper certificate into our nominee name | No charge |
| Issuing a paper certificate | £8.51 + VAT per holding |
| Receipt of stock transfer into our nominee name | No charge |
| Stock transfers out of our nominee name | £8.51 + VAT per holding. (Max £85.10 + VAT per account type) |
| CHAPS payments in (minimum payment - £5000) | Charges refunded |
| CHAPS payments out (minimum payment - £2500) | £35 |
| Any charges incurred by us as a consequence of payment failures or special payment instructions will be automatically debited from your Selftrade account. | |
| Where you request a service not covered on this Price List and we agree to provide that service, we will, in advance of doing so, agree with you any fee that will be payable. | |
| No inactivity fees and no other brokerage charges. | |
© 2010 Selftrade. All rights reserved. Powered by Boursorama
Selftrade is a trading name and SelftradeŽ a registered trademark of Talos Securities Limited, which is authorised and regulated by the Financial Services Authority (FSA Register number 208271) and is a member of the London Stock Exchange and PLUS Markets. Talos Securities Ltd is incorporated in England and Wales (Registration No. 4196325, Registered Address: Boatman's House, 2 Selsdon Way, London E14 9LA).
Data Sources: include Bondscape, Dow Jones, Factset, FTSE, Morningstar. Conditions may apply.
