TD Direct sold to Interactive Investor
Comments
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Yes I understand but you can do that for no cost and nearly half the HL annual percentage charge on funds at several annual percentage fee charging brokers.
HL are expensive, they're good but they're expensive, at least where fund charges are concerned.'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
Yes I understand but you can do that for no cost and nearly half the HL annual percentage charge on funds at several annual percentage fee charging brokers.
HL are expensive, they're good but they're expensive, at least where fund charges are concerned.
You mean platform fees.. Fund charges wise, HL have negotiated discounts with several supermarkets... I'm not saying that they're the only option, there are others like Charles Stanley Direct etc too which would be good replacements...
For now, I have no intention of moving.. If I knew of this purchase before transferring to TD, would have gone elsewhere... Too late now..0 -
I'm sure xylophone wasn't expecting an apology.
Absolutely not!:)0 -
from TD website forwardslash customer-information?
"We believe that customers should be charged clear and fair prices based on how they invest. We will introduce a fixed fee per customer for our standard trading and investing services which will be held as a credit towards trade commissions for buying and selling. When that credit has been used we will charge a simple, low commission for each trade you place."
It might seem churlish to switch because of a £80pa fee on an infrequently traded £600k ISA share portfolio but I work out my annual allowance as being 1/40th of the value so £80 would be half a percent of my income. Goodbye TD and II.
I'm confident I can ignore IG's spreadbetting temptations and I can't find any better options unless anyone here can point to one.0 -
Nerdlinger wrote: »from TD website forwardslash customer-information?
"We believe that customers should be charged clear and fair prices based on how they invest. We will introduce a fixed fee per customer for our standard trading and investing services which will be held as a credit towards trade commissions for buying and selling. When that credit has been used we will charge a simple, low commission for each trade you place."
It might seem churlish to switch because of a £80pa fee on an infrequently traded £600k ISA share portfolio but I work out my annual allowance as being 1/40th of the value so £80 would be half a percent of my income. Goodbye TD and II.
I'm confident I can ignore IG's spreadbetting temptations and I can't find any better options unless anyone here can point to one.
https://www.ig.com/uk/investments/share-dealing/transfer-investments0
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