In every share trade, no matter how the market is performing, there is someone who is going to make money - your stockbroker. All stockbrokers charge a fee for trading. The fee is sometimes a flat charge and sometimes worked out as a percentage of the value of your trade. Most of them make other charges - for account management, annual fees, transfers - so read the small print. Comparison The price of trading isn't always the most important thing to consider when choosing a broker. But if you buy and sell regularly, fees can take a large chunk out of any profits you make. To help you pick the best broker for you we've put together this comparison of prices. First work out how often you trade and how big your trades are. Then do a cost comparison on that basis. This is only a small selection - shop around and you might find even better deals.
UK trades - �12.50 to buy and sell
International trades - �17.50 UK trades - �17.50 to buy and sell
International trades - �22.50 Up to 10 trades per quarter - �12
11 trades and over - �7.50 �0 -1,000 - �17.50
�1,001 - 2,000 - �24
�2,001 - 4,000 - �36
�4,001 - 20,000 - �54
Over �20,000 - �75 Flat rate of �12.50 for all online and telephone trades, regardless of size. Flat rate fee of �14.95 up to 30 trades.
Trades above that per quarter will cost flat rate of �9.95 Flat rate of �24.95 for phone trades. Flat rate of �11.95
If a deal is less than �250 you can sell for �5 �0 to �2,500 - �15
�2,501 to �5,000 - �30
�5,001 to �10,000 - �40
�10,001 to �60,000 - �60
Prices for deals above �60,000 available on request Flat rate of �7
Special offer of one month's free dealing Flat fee of �10 per trade. Up to �5,000 - 1%
Next �7,500 - 0.20%
Thereafter - 0.15%
Minimum �15, no maximum
Cheaper rates available through Advantage Premier scheme (�195 a year) Up to �5,000 - �15
�5,001 - �12,500 - �20
Over �12,500 - �25
Cheaper rates available through Advantage Premier scheme (�195 a year) �12.50 flat online fee per trade, regardless of size
Memberships of the Elite club (fee payable) brings reduced rates and rebates.
Up to 24 trades per quarter - �11.50
Up to 49 trades - �10.50
Up to 74 trades - �9.50
Up to 99 trades - �7.50 �17.50 flat fee per trade, regardless of size Flat rate of �9 �12.50 flat rate
�11.95 for frequent traders Up to �5,000 - 1% (minimum fee �17.50)
Over �5,000 - 0.15% (maximum �100)
Flat rate �16.95 for frequent traders Flat fee of �12.95 for internet or phone (Figures correct at 28 July 2004.) The BBC is not responsible for the content of external websites.
|  | WATCH AND LISTEN Brian Mairs of stockbrokers' trade body APCIMS
"We're trying to ensure that private investors get a cheaper deal"
|
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