1 You’ll be charged a custody fee of £24 per quarter if you hold investments on a share dealing account or ISA at the end of each quarter. The fee does not apply if you only hold cash on your account.
The custody fee is also dependent on your trading activity, and commissions paid during the quarter will be deducted from the fee. You will be exempt from the charge if you:
• Deal three or more times across any of your IG accounts during the quarter
• Hold investments worth £15,000 or more across your IG Smart Portfolio accounts at the end of the quarter
If a custody fee is due, we’ll debit it from your share dealing account first. If sufficient funds aren’t available, we’ll then deduct from your ISA account. If there is insufficient cash on both accounts, the account with the highest asset value will be taken overdrawn.
The first billing quarter for accounts opened before 2018 will be April-June 2018.
Remember our share dealing account doesn’t just stand out on price: our pricing and execution technology helps you find the best available price on every trade, and our integrated analysis tools keep you ahead of the curve.
For more information on buying shares with IG, take a look at our share dealing page.