TD Direct sold to Interactive Investor

tusk

@TCA,
Agreed. Probably cynical me looking for hidden charges and finding them

JohnRo

I've closed TD accounts, both GIA and ISA in the past and not been charged anything, so unless that's changed (it hasn't) there is no explicit charge for account closure.

AnotherJoe

Just had an email, the "engine" they will be using when the merge happens will be the TD direct one, so no change on user interface if you are a TD Direct user, other than the branding will change to Interactive Investor.

No word on the new pricing model yet.

Hmmm ... the email says "please add your phone number"

So, in I go, select update personal details, select update contact details ....


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[Deleted User]

Hi,

did you watch the wee video about Rates & Charges?

It says quarterly commission credit can be rolled over if unused, yet my notification, from II, regarding next quarterly payment states:

Our £20 quarterly charge is due and will be taken from your account on Saturday, 7 October 2017. When collecting the fee we will apply £20 of commission credit to your account. This credit can be used against real time trades, regular investments and dividend reinvestments. Any remaining commission credit from the current quarter will expire.

It has always been this way since I switched.

So are TD Direct clients getting a sweetener to stay?

smoulder

I got an email from TD Direct explaining that they will be enacting the III fee structure:
https://www.tddirectinvesting.co.uk/future-of-ii/rates-and-charges

I see a few people above were considering IG.com. Did anyone switch? Any info on how the IG platform compares?

Edit: Missed Nerdlinger's comments in post #161 - thanks!

Treesie

I have a dilemma, I don't like the new Smart Barc setup and I'd like to move my TD a/cs. Why can't I seem to find somewhere half decent at a decent cost? I already have an a/c with AJB and feel HL charges are too high and their Trustpilot reviews leave a little to be desired.

Treesie

smoulder wrote: »

I got an email from TD Direct explaining that they will be enacting the III fee structure:
https://www.tddirectinvesting.co.uk/future-of-ii/rates-and-charges

I see a few people above were considering IG.com. Did anyone switch? Any info on how the IG platform compares?

Edit: Missed Nerdlinger's comments in post #161 - thanks!

I do have an IG account but for SB. Not sure they do trailing stops if you want them.

[Deleted User]

Hi,

I emailed II about the unused commission roll over and got this reply:

'I can confirm this will be our new pricing structure and this will also apply to Interactive Investor customers'

So, I'll wait and see what happens.

darkidoe

I am considering transfering my ISA to the IG Platform vs IWeb.

Can anyone confirm that IG does not have a ongoing holding fee or annual fee just the trading fee depending on activity?

tg99

darkidoe wrote: »

I am considering transfering my ISA to the IG Platform vs IWeb.

Can anyone confirm that IG does not have a ongoing holding fee or annual fee just the trading fee depending on activity?

The sharedealing account has no annual or holding fee, just the trading fee, though from memory I think they might have a charge if there is no activity on your account for a while. Pretty sure same applies for ISA though worth checking on their website as they have also just brought out new T&C. For info they were not set up for automatic dividend reinvestment last time I checked. On plus side fx conversion fee of 0.3% decent if you are buying overseas shares or say U.K. listed $ share classes of ETFs. Also may still have their cashback offer for transferring accounts to them.