We don’t charge commission per trade for investments in ETFs or investment trusts, as with all investments available through our app. The funds themselves usually have their own management fees, and you can find details about these in the key information document (KID) or the key investor information document (KIID). You’ll find a link to view the KID or KIID on the asset screen, and again on the order review screen. The fund manager will deduct these fees from the assets within the fund, and you can find details of these fees in the ‘Annual Cost Disclosure’, provided to you after each tax year.
When investing in ETFs, UK stamp duty and the PTM levy don’t apply. However, UK stamp duty (0.5% on buy orders) and PTM levy (£1 charge for trade values greater than £10,000) will apply for investment trusts.
If a currency conversion is required for your trade, then the standard 0.5% additional spread will be applied to the exchange rate.