Principal Dealing
- Commission Free
- Subject to a £15 Compliance Charge Per Trade.
Agency Commission - All UK Equities Except Government Stocks
- On the First £0 to £10,000 = 1.65%
- On the next £10,001 and above = 1%
- Minimum Commission £20 Per Trade
- All Agency Bargains are subject to a £12 Compliance Charge
- Agency transactions that do not settle via the UK and Crest are chargeable at £40 per trade or 0.5% whichever is greater.
UK Government Stocks and Corporate Bonds
- On the First £0 to £10,000 = 1.65%
- On the next £10,001 and above = Negotiable
- Minimum Commission £20 Per Trade
Unit Trusts
- Commission is paid by Unit Fund Manager on Purchases. Sales charged at UK Equity Scale.
Other Charges
- We may charge (to cover our costs) £20 each time settlement is not fulfilled, within one day after its due date, in addition to interest charges on overdue amounts, including a trade that will be settled by way of a Certificate and we do not receive that Certificate.
- Invalid stock rejection from Registrars £15. (Stock Certificates deposited by you that are rejected by Registrars as invalid will incur this administration charge per rejected stock).
- Withdrawal of Share Certificates will incur an additional charge of £15. (Requests to withdraw shares from electronic holding at HB Markets back to you as a Certificate will incur this additional charge).
Other Services
- Internal Stock Transfer (Advisory to Online accounts) - £15 per item. (Transfer of stock between accounts at HB Markets).
- Transfer of holdings to other institutions - £15 per item.
- Transfer of foreign holdings outside of Crest via Agent £40 per item.
- Overseas market listed share certificate deposit £50 per line of stock.
- Splitting Bargains - £15 per item.
- Audit requests - £15 per item.
- Probate valuations - £75 or 0.5% whichever is greater.
- Sale of shares under probate - As per Agency Rates above
- Corporate action handling - £10 per item.
- Request for duplicate dividend voucher - £10 each.
- Request for hard copy of annual reports - £10 each. (Free if requested online)
- Request for statements - £5 each. (Free if requested online)
- Tape recordings of telephone conversations - £25 minimum charge (full details of charges on request).
- ISA Annual Management Fee - £50 per annum.
- Only customers who hold cash in our bank’s “Cash Deposit Account” will be paid interest. Interest will be payable at a rate 2% below the Bank of England base rate or zero, whichever is greater. Interest will be credited quarterly. We reserve the right not to credit interest where the amount would be less than £5 per quarter.
- Stamp Duty - UK Equities 0.5% on all purchases. Different rates may apply to Foreign Market listed shares.
- PTM Levy - Panel of Takeovers & Mergers Levy - £1.00 on all transactions of £10,000 and over for UK Equities.
Apply Now
Click here to apply online using our fully automated online application form – it takes just minutes to open an account. Or call us on 020 7382 8384 (8am and 5pm weekdays).
Risk Warnings
Click here to see full Risk Warnings.
Please read our Terms & Conditions for Advisory Broking.
