Shares — Charges For Buying And Selling

: Because his sale was over £10,000, a small £1.50 levy was charged for the Panel on Takeovers and Mergers .

Leo decided to buy 100 shares of a UK tech company. He saw the price was , so he expected to pay exactly £1,000 . However, as he went to confirm his trade on a platform like Hargreaves Lansdown or Interactive Investor , he noticed his total was actually £1,011.95 . The Cost of Entry charges for buying and selling shares

A few months later, Leo noticed his cash balance had dropped slightly even though he hadn't traded. He discovered (or admin fees). Many providers, such as AJ Bell or Halifax , charge a small percentage (e.g., 0.25% to 0.45% ) or a flat monthly fee to look after the account. The Cost of Exit : Because his sale was over £10,000, a small £1

Leo’s first lesson was that buying shares often comes with three immediate charges: However, as he went to confirm his trade

: He had to pay the broker's £6.95 fee again to sell.