Stocks and shares ISA charges
Our low-cost charges mean more money for you.
We're committed to transparent and fair charges that offer you excellent value, and are among the lowest in the market.
Account charge
This is our annual charge for managing your account, which is payable monthly - there is a different charge for holding shares or funds.
| Holdings | Charge |
|---|---|
| Shares account charge: | 0.25% (max £3.50 per month) |
| Funds account charge: | |
| First £0 - £250,000 | 0.25% |
| Next £250,000 - £500,000 | 0.10% |
| Value over £500,000 | No charge |
Dealing charge
This is the charge you pay each time you buy or sell shares or funds.
| Holdings | Charge |
|---|---|
| Shares dealing: | £5.00 |
Frequent shares dealing charge: (if you had 10 or more share deals in the previous month) | £3.50 |
| Funds dealing: | £1.50 |
Shares – includes ETFs, investment trusts, gilts and bonds
Funds – includes unit trusts, OEICs and structured products
Investing over the long term typically outperforms cash savings, but values can fall as well as rise over time. Any information we provide is to help with your research and isn't financial advice.
Investing over the long term typically outperforms cash savings, but values can fall as well as rise over time. Any information we provide is to help with your research and isn't financial advice.
Low-cost charges, high-value service
We make sure our Stocks and shares ISA charges are among the lowest in the market, so you’ll always get excellent value on your investments.
- Free cash holding
You may have cash in your account whilst making your investment decisions. We don’t want you to rush, so we don’t charge you for that, either. - Free account transfer
We don’t charge for moving an account to us, but if your existing provider charges you to switch, we’ll cover any exit fees up to £500 if your account value is £20,000 or more. - Free withdrawals
And we don’t charge you a withdrawal fee. That means more money in your pocket when you’re ready to withdraw.
Low-cost charges, high-value service
We make sure our Stocks and shares ISA charges are among the lowest in the market, so you’ll always get excellent value on your investments.
- Free cash holding
You may have cash in your account whilst making your investment decisions. We don’t want you to rush, so we don’t charge you for that, either. - Free account transfer
We don’t charge for moving an account to us, but if your existing provider charges you to switch, we’ll cover any exit fees up to £500 if your account value is £20,000 or more. - Free withdrawals
And we don’t charge you a withdrawal fee. That means more money in your pocket when you’re ready to withdraw.
Example of how we calculate your ISA charges
Meet Jack
Jack has a Stocks and shares ISA with us valued at £30,200 and made up of £12,000 invested in shares, £18,000 invested in funds and £200 in cash. Here’s what Jack would pay in account and dealing charges (you can click between the tabs to see the full charges breakdown).
Portfolio value:
£30,200
| Calculation | Example charge |
|---|---|
| £12,000 in shares Calculation: 0.0025 x 12,000 / 12 | £2.50 |
| £18,000 in funds Calculation: 0.0025 x 18,000 / 12 | £3.75 |
| £200 in cash | No charge |
£6.25 |
* This is only an example of our charges. Your actual monthly charge will depend on the exact value of your account and investments at the end of each month, which will vary due to market fluctuation and growth.
Dealing charges depend on how many investments you buy and sell. The example below illustrates Jack’s dealing activity in a given month:
| Deal | Calculation | Charge |
|---|---|---|
| 2 share deals | Calculation: £5.00 x 2 | £10.00 |
| 2 fund deals | Calculation: £1.50 x 2 | £3.00 |
£13.00 |
If you don’t buy or sell any investments during the month, you won't pay any dealing charges.
Use our charges calculator to estimate the charges you'll pay for investing in a Stocks and shares ISA with us.
Other charges you may need to pay
There are circumstances where investments you choose to make may have some additional charges attached. These are separate from Account and Dealing charges, and will be associated with the specific fund or share that you invest in.
Each fund you invest in will have its own ongoing charges figure (OCF). This is an annual charge paid to manage the fund. It’s taken out over the course of the year for as long as that investment is held. The OCF you pay is calculated based on the amount you hold in that specific fund and is taken directly from the assets you hold in that fund.
You will pay our standard dealing charges to buy international shares. In addition, there is a foreign exchange charge on international shares and foreign currency funds. For full details please visit our international dealing page.
| Dealing by telephone | £25 |
| Regular investment | £1.50 |
| Dividend reinvestment | £1.50 |
| Application for non-standard investments This applies where we’re required to complete a paper application form, e.g. for structured products, private placings and IPOs | £100 |
| UK stamp duty | 0.5% on purchases of UK shares |
| PTM (Panel on Takeover and Mergers) | £1.50 on UK share deals over £10,000 |
| Irish stamp duty | 1% on purchases of Irish shares |
| French financial transactions tax | 0.3% on purchase of certain French shares |
| Italian financial transactions tax | 0.1% on purchase of certain Italian shares |
| Spanish financial transactions tax | 0.2% on purchase of certain Spanish shares |
For information on other overseas transactions tax that apply, see our international dealing page
If you’re looking to move an account to us, we’ll do all the heavy lifting – it’s FREE to transfer in. And if you want to transfer your account to another provider, we won’t charge you any exit fees, either.
We understand that sometimes you might hold cash in your account, whether that’s to cover any account charges or while you decide on where you’re going to invest.
Until you decide what to do with this cash, you have the added benefit of earning interest on it. See our latest cash interest rates, to find out how much you can earn.
The most popular questions asked about ISA charges
Having the right information is important when making investment decisions. Here are the most frequently asked questions we get about Stocks and shares ISA fees.
Your monthly charges depend on the account type and the funds held in it:
- All Ready-made pension charges are included in the single account charge and taken from your chosen AJ Bell fund. No cash is held in a Ready-made pension.
- For all other accounts, we collect charges from the available cash you have in it. You need to make sure you have enough cash in your account to cover charges when they're…
No, you don’t. But you do need to keep enough cash in your account to cover your monthly account charges.
If you’re planning on opening an account, you’ll need to make an initial minimum deposit, set up a monthly direct debit, or transfer over an account, so that your account is funded.
When you buy an investment, there needs to be enough cash in your account to cover the investment and the…
The dealing charge for shares is based on the number of deals you placed in the previous calendar month. This is calculated across the accounts in your individual name (excluding any regular investment and dividend reinvestment deals).
For example, if you make 10 or more online shares deals in January, then the frequent dealer charge of £3.50 will apply for February.
We're here to help you invest
We’ve been helping our customers put their money to work for over 30 years. And with over 644,000 customers, that’s a lot of people taking control of their financial futures.
We’re not just one of the UK’s largest and best regarded investment platforms, we’re listed on the FTSE 250, we’re regulated by the Financial Conduct Authority (FCA), oh, and we’re a Which? Recommended provider seven years running, 2019-2025.
So, when you're ready to feel good, investing, we're here to help.
