Rates & Charges
Brokerage Services (UK & International trades)
Our simple, highly competitive charging rates makes trading more straightforward.
Our Standard and Frequent Trader Commission Rates for UK and International trades for both (online and by telephone) are shown below.
Notes: These commission rates apply to standard transactions and may change. You should confirm the current rate at the time of dealing and read the terms for all standard transactions as set out in our Customer Terms of Service. All charges in this rate card are shown exclusive of VAT and VAT will be charged at the prevailing rate where applicable. International Commissions are charged in the customer settlement currency and multiplied by the conversion rate (if applicable) subject to the minimum and maximum charges shown. §The flat commission rates above apply to trades up to a value of £100,000. Above this, special charging then applies (trades £100,000 to £499,999 = £32.00; trades £500,000 to £999,999 = £60.00; trades above £1million subject to negotiation).
Certificated Trades - an additional £25 is payable on all Certificated Trades.
Frequent Trader Commission Rates
Frequent Trader Commission Rates work on a rolling monthly cycle, based on the number of trades executed in the preceding 3 calendar months. If you complete 10 or more eligible trades in the preceding qualifying 3 month period you will qualify for our Frequent Trader Commission Rates, from the start of the next month.*
Account Management Fee £10 + VAT per quarter will be charged on all inactive accounts.
This fee will be calculated on inactive TD Waterhouse Trading and Trading Plus Accounts, in arrears, on the last full weekend of March, June, September and December ("Quarter Dates"). An inactive TD Waterhouse Trading Account is defined as an account that, at the close of business on the relevant Quarter Date, has had no trades executed on it since the previous Quarter Date, and has a cash and / or portfolio valuation of £5,000 or less. Portfolio valuation will be based on the closing mid price on the Quarter Date. The Account Management fee does not apply to Certificated Accounts, Trading ISAs, Regular Investment Accounts, Regular Investment ISAs or SIPPs.
* An ISA or Trading Account is required to qualify for online and Frequent Trader Commission Rates. A SIPP or Trading Plus Account is required to qualify for online, Frequent Trader and International commission rates. Frequent Trader Commission Rates apply to each individual account separately. Trades cannot be aggregated across accounts. Trades that are not eligible include - Certificated, Unit Trust, OEICs, New Issue, cancelled or deleted trades, zero commission and promotional discounted rate trades.
TD Waterhouse ProTrader® Subscription Rates
TD Waterhouse ProTrader® is an optional service offering Live streaming Level 2 pricing. Access to the TD Waterhouse. ProTrader® service will be charged to customers quarterly in advance, based on the schedule shown below:
| Band | Trader in Previous Qtr | Charge for Subsequent Qtr |
|---|---|---|
| Band 3 | 75+ | FREE |
| Band 2 | 26 to 74 | £50 |
| Band 3 | Up to 25 | £200 |
The Charging Period will be from the 1st day to the last day of each calendar quarter. Charges will be levied against accounts within 5 working days of the quarter commencing.
