When you buy and sell shares online with Hoodless Brennan you pay a low, fixed rate commission from just £6.50 per trade. That's why Investors Chronicle readers have voted us Best Online Broker for Cost three years in a row!
Online Accounts are Free to Open
There is no charge to open an online trading account and it will remain free to use as long as you trade at least once per quarter.
Maintence Fee
If you do not trade in the previous quarter you will be charged a maintenance fee of £5 inclusive of VAT.
Self Select Stocks & Shares ISA Accounts
Other Charges
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We may charge (to cover our costs) £15 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.
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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).
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Withdrawl of Share Certificates will incur an additional charge of £15. (Requests to withdraw shares from electronic holding at Hoodless Brennan back to you as a Certificate will incur this additional charge).
Other Services
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Internal Stock Transfer (Online to/from Advisory accounts) - £10 per item. (Transfer of stock between accounts at Hoodless Brennan).
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Transfer of Holdings to other institutions - £10 per item.
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Transfer of foreign holdings outside of Crest via Agent £40 per item.
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Overseas market listed share certificate deposit £50 per line of stock.
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Splitting Bargains - £10 per item.
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Audit requests - £15 per item.
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Probate Valuations - £35 or 0.5% whichever is greater.
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Sale of shares under probate - £17 per stock line.
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Corporate action handling - £5 per item.
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Request for duplicate dividend voucher - £5 each.
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Request for hard copy of annual reports - £5 each. (Free if requested online).
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Request for hard copy of statements - £2 each. (Free if requested online).
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Tape recordings of telephone conversations - £25 minimum charge (full details of charges on request).
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Customers holding cash on their account with us will be paid interest at the flat rate of 2%. Interest is calculated daily and credited at the end of each quarter. We reserve the right not to credit interest where the amount would be less than £5 per quarter.
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Stamp Duty - UK Equities 0.5% on all purchases. Different rates may apply to Foreign Market listed shares.
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PTM Levy - Panel of Takeovers & Mergers Levy - £1.00 on all transactions of £10,000 and over for UK Equities.
(Where applicable all charges inclusive of VAT)
Risk Warnings
Click here to see full Risk Warnings.
Please read our Online Trading Terms and Conditions
*Based on trading £1,000 worth of shares once per month for one year as at 15th February 2008 by www.moneysupermarket.com
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