Help & FAQs

How are overseas dealing charges applied?

In the past, a total charge of up to 1% of the consideration (within the sterling price of the stock) was applied, by the market maker, to overseas trades. This consisted of a fee of up to 0.5% retained by the market-maker and 0.5% was paid to us by them. This then changed to a fee of up to 0.5% (retained by the market maker) and we introduced a fee of 0.5% which was detailed on the contract note.

We are now, in many cases, trading in the local currency and thus the fee payable to the market maker is usually no longer applied to the price. We apply our overseas dealing fee as detailed in the “Our Fees” page and this will be shown on your contract note.

Submitted on 6th Jul 2018

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