Gold mining basket companies on LSE

124

Comments

  • wmb194
    wmb194 Posts: 4,694 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    wmb194 said:

    As previously mentioned, Centamin's listed in London*. There's nothing wrong with the LSE but gold miners are spread around. With e.g., Trading212 it's cheap and easy to buy shares in New York so you don't need to restrict yourself.

    *But it's in the process of being bought by AngloGold Ashanti Plc.
    Is or Was T212 a free share dealing account meaning they dont charge or did not charge for member ship or buying or selling shares?

    Was it a technocratic system only? Meaning you could not call into the branch or call the branch up your self (on the phone) and it would only work with the latest smart phone?

    If T212 is bough out and my above presumptions are correct and the new buyer decides to charge the customer and say I have set an account up with them before they buy them out. Will I still have access to free use of the account there on afterwoods?

    Thanks
    Yes, no fees or dealing commission but you have to pay stamp duty and FX fees (0.15%) where relevant. Online only. It has apps for Android and iPhone/iPad but you can also access via a web browser.

    If the pricing changes there won't be anything you can do about it. However you  should be able transfer your holdings to another stockbroker for free (transfer fees are very rare now).
  • wmb194 said:

    Yes, no fees or dealing commission but you have to pay stamp duty and FX fees (0.15%) where relevant. Online only. It has apps for Android and iPhone/iPad but you can also access via a web browser.


    If the pricing changes there won't be anything you can do about it. However you  should be able transfer your holdings to another stockbroker for free (transfer fees are very rare now).
    So to confirm its free dealing with them. But if they decide to say charge 100 quid per deal at a later stage and you allready bough your shares with them before that, then do you think they will let you sell or transfer them to another broker for free?
  • NoseyParkersHelper
    NoseyParkersHelper Posts: 44 Forumite
    10 Posts Photogenic Name Dropper
    edited 10 October 2024 at 10:58PM
    wmb194 said:

    (transfer fees are very rare now).
    Are you speaking in General hear?

    I have shares with "Halifax share brokers" that charge either 9.50 or 11.00 a deal (cant remember now!) and a 36.00 P/A fee on top of that. I also have an ABell account set up somewhere on the net that dont change an annual fee but charge 1.50 per deal.

    Do you think I can now take my shares to ABell or T212 from my Halifax account and close my Halifax account and not be charged a dime for doing all of this?

    Thanks
  • wmb194
    wmb194 Posts: 4,694 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 11 October 2024 at 7:08AM
    wmb194 said:

    (transfer fees are very rare now).
    Are you speaking in General hear?

    I have shares with "Halifax share brokers" that charge either 9.50 or 11.00 a deal (cant remember now!) and a 36.00 P/A fee on top of that. I also have an ABell account set up somewhere on the net that dont change an annual fee but charge 1.50 per deal.

    Do you think I can now take my shares to ABell or T212 from my Halifax account and close my Halifax account and not be charged a dime for doing all of this?

    Thanks
    *Halifax Share Dealing. Why not look at the fee schedule under, "Charges to transfer"? 

    I'm sure we've had this conversation before; if you don't transfer to T212 you should look at transferring iWeb: it's a brand of Halifax Share Dealing and charges no account fee and is £5 per trade.

    https://www.halifax.co.uk/investing/start-investing/share-dealing-services/charges.html
  • wmb194
    wmb194 Posts: 4,694 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    wmb194 said:

    Yes, no fees or dealing commission but you have to pay stamp duty and FX fees (0.15%) where relevant. Online only. It has apps for Android and iPhone/iPad but you can also access via a web browser.


    If the pricing changes there won't be anything you can do about it. However you  should be able transfer your holdings to another stockbroker for free (transfer fees are very rare now).
    So to confirm its free dealing with them. But if they decide to say charge 100 quid per deal at a later stage and you allready bough your shares with them before that, then do you think they will let you sell or transfer them to another broker for free?
    You should be able to transfer them for free. You worry too much.
  • wmb194 said:

    *Halifax Share Dealing. Why not look at the fee schedule under, "Charges to transfer"? 

    I did! and all I could find was this 

    with respects 
    Dealing commission of £9.50 per online trade. Set up a regular, monthly investment and pay no dealing commission. Zero commission on international online trading (1.25% foreign exchange rate still applies). Check all of your investments on our mobile banking app, alongside your everyday banking.
  • wmb194 said:
    I'm sure we've had this conversation before; if you don't transfer to T212 you should look at transferring iWeb: it's a brand of Halifax Share Dealing and charges no account fee and is £5 per trade.
    I dont know what you mean Sir! I am NPs Helper; I remember nothing ells! without prejudice of cource!

    Because iWeb belong to Halifax; Are you saying that they may offer a free trade deal to transfer to iWeb, where I can leave my shares with them for as long as I need? As opposed to them charging me a transfer fee of 9.50 to T212 or ABell?
  • NoseyParkersHelper
    NoseyParkersHelper Posts: 44 Forumite
    10 Posts Photogenic Name Dropper
    edited 11 October 2024 at 11:36PM
    wmb194 said:
    You should be able to transfer them for free. You worry too much.
    But Do you trust them?
  • wmb194
    wmb194 Posts: 4,694 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    wmb194 said:

    *Halifax Share Dealing. Why not look at the fee schedule under, "Charges to transfer"? 

    I did! and all I could find was this 

    with respects 
    Dealing commission of £9.50 per online trade. Set up a regular, monthly investment and pay no dealing commission. Zero commission on international online trading (1.25% foreign exchange rate still applies). Check all of your investments on our mobile banking app, alongside your everyday banking.
    It's right here:


  • wmb194
    wmb194 Posts: 4,694 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    wmb194 said:
    You should be able to transfer them for free. You worry too much.
    But Do you trust them?
    Yes, and other brokers as well, because a few years ago the FCA had a crackdown on transfer fees and told brokers they should be cut to nothing.
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