Charges for iii Portfolio Builder

edinburgher

Can anyone clarify whether the £1.50 charge for sharedealing within iii's Portfolio Builder is per month or per month (per share held)?

For example, £1.50/mth or £3.00/mth if I invest £50 in each of two shares.

Many thanks, couldn't see a clear answer on their website.

premierfella

Per share purchase under Portfolio Builder, whether a one-off, monthly or other period (so £3 for your two share purchases - at £50 I would personally suggest purchasing more infrequently than once a month even at £1.50 per trade depending on your "strategy").

edinburgher

Thanks for that - £50/mth was just a hypothetical figure for the sake of an example.