How Much Will Buying and Selling Shares Cost Me?
Unfortunately there are charges involved in buying and selling shares – you have to pay your broker’s fees and also Stamp Duty to the Government. You’ll also need to take into account the bid-offer spread (the difference between the buying and selling price of shares) as this can eat into profits too.
Traditionally brokers charged a commission calculated as percentage of the total value of the trade, usually with a minimum and maximum fee per transaction. However the execution-only brokers, including those that offer an on-line trading platform, work on a flat-fee basis – in other words they charge the same basic fee however large or small the transaction.
There can be extra fees for those requiring share certificates (typically £10-15 per transaction) and for dealing in foreign shares. If you have set up an account but don’t trade for, say, three months some brokers will also charge you an ‘inactivity fee’.
We cover all the costs in much more detail, as well as bringing you useful tips to prevent high commissions eating up your hard-won profits with an easy to follow, step by step guide on the exciting world of penny shares in our two starter handbooks - How To Buy & Sell Shares For Profit and How To Make Big Money In The Exciting World Of Penny Shares
And the best part is that you can receive these two guides absolutely FREE when you try Red Hot Penny Shares today.
We are offering you the chance of trying our service for one whole month, with no obligation. You will receive all of the following, which are yours to keep regardless of what you decide.
- An instantly downloadable copy of the latest issue
- A FREE book: How to Buy and Sell Shares For Profit
- A FREE book: How to Make Big Money in the Exciting World of Penny Shares
- A FREE report: Your 10 Simple Rules For Maximising Your Penny Share Profits
BUT if during your 1 month trial you decide Red Hot Penny Shares is not for you; simply call our customer service hotline on 020 7633 3601.
Here is just a small selection of other frequently asked questions that will be covered in full in our FREE handbooks.
What are shares?
Well, as their name suggests, if you hold shares you own a share of a company… Read more
What is a share price?
A broker who is dealing in shares doesn’t just quote one price for each share… Read more
Where do I buy shares?
The best return comes from the Stock Market… Read more
How do I buy and sell shares?
When you want to buy and sell shares, you have to do this through a stockbroker. First of all, you’ll
need to set up an account. This is easy… Read more
How much money do I need to start investing?
The first key point is that you should only invest spare money you can afford to lose… Read more
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