This schedule forms part of your Customer Agreement and sets out our rates of commission that will apply to all dealings under the agreement (subject to any special arrangements). We reserve the right to vary these rates of commission by written notice to you from time to time. Any taxes, duties, levies and other charges imposed by third parties in respect of transactions effected for you on overseas exchanges are not provided for in the following rates and will be payable by you. Commission charges are exempt from VAT under current legislation.

OPENING LIVE ACCOUNT
On opening an active online trading account you can enable live streaming prices for the LSE, AIM, LIFFE, NYSE and Nasdaq exchanges; online alerts, offline alerts, fundamental charting and many more features at no extra cost, saving you over $200 a month on the normal charges.
There are NO administration fees, NO annual fees and NO set up fees. All costs are covered by per trade commission rates as below.

UK Equities and Exchange Traded Funds (ETF’s)
£12.50 per trade flat fee on all bargains of £2,000 or less.
£25 per trade flat fee on all bargains over £2,000.
Plus Stamp Duty and PTM Levy where applicable

UK Traded Options
£15 per trade (either side) flat fee
Plus £1.80 LIFFE option contract fee.

US Equities
$15.95 per trade flat fee.

US Traded Options
$15 flat fee plus $2 per contract.

LIFFE FTSE Futures
£5 per lot per side.
For a full list of the relevant futures codes please contact us to provide you list of futures codes.

Live Price Feed
A $19.98 (or sterling equivalent) inactivity fee plus any exchange fees will accrue to any customer who has not traded online for a period of one calendar month but wishes to continue receiving the live feed for LSE, AIM, LIFFE, NYSE and Nasdaq exchanges.
If you wish to revert to the basic delayed feed during an extended period of absence, i.e. more than one month, and avoid this inactivity fee, you must simply alter your entitlements via the ‘Chat’ window. For more information you can contact us. You will be billed until the end of the calendar month. Your previous plan can be reactivated at any stage by the same method.