MarketMaster rates and charges Find out more about the rates and charges for the Barclays Stockbrokers MarketMaster® Online trading account.
Rates and charges

MarketMaster® and Investment Clubs rates and charges

Commission charges

Commission is charged per deal. Other charges and service restrictions may apply.

 

Online dealing charges (all investment types except funds (U​nit trusts, Open Ended Investment Companies (OEICs)), non-European Quoting Service (EQS) International Securities.

Deals per calendar month Charge
1 - 9  £11.95
10 -19 £8.95
20 + £5.95

The initial commission rate you pay in each month is determined by the number of deals you place in the previous calendar month. Each time you hit a new tier, you will be switched to the lower commission rates. In order to remain at the new tier you must maintain the required number of deals per month. The number of telephone and online deals you place are consolidated when calculating your deal count, but each method has its own commission rates.

Telephone dealing charges (all investment types except funds (Unit trusts, Open Ended Investment Companies (OEICs)), non-European Quoting Service (EQS) International Securities.

 
Deal value Commission
£0 - £500 £17.50
£501 - £1,500 £35
£1,501 - £2,500 £50
£2,501 - £20,000 £65
£20,001 - £75,000 £75
​£75,001 - £1,000,000 ​0.1%
​£1,000,001 + ​on application

Non EQS foreign securities (telephone dealing only)

 
Deal value  Commission
First £10,000 1.75%
Next £10,000 1.125%
Next £20,000 0.50%
Next £60,000 0.40%
Thereafter 0.30%
Minimum £45 (US) £100 (non-US)
 

Automatic dividend reinvestment

Automatic dividend reinvestment purchases are charged at a flat rate commission of 1% (minimum £1, maximum £7.50).


Funds

​Charge Type ​Barclays Stockbrokers Funds Market Others Funds​
Initial charge
(on your investment amount)
​Free ​Varies by fund manager and fund
(typically 3-5.5%) No payments are made to Barclays Stockbrokers
Fund Administration Fee ​0.35% per annum subject to a minimum charge of £35 per annum per account. The fee is calculated on the daily value of Qualifying Fund holdings, up to a maximum of £500,000. There is no further charge on fund holdings over £500,000.The first fee calculation will be 31 October 2014 and quarterly thereafter. ​0.35% per annum subject to a minimum charge of £35 per annum per account. The fee is calculated on the daily value of Qualifying Fund holdings, up to a maximum of £500,000. There is no further charge on fund holdings over £500,000.The first fee calculation will be 31 October 2014 and quarterly thereafter.
Selling charge ​Free ​Free
Qualifying funds are:
  • Clean share classes
  • Bundled share classes purchased after 5 April 2014
  • Bundled share classes where you have opted out of the conversion to the clean share class.

    Taxes & levies

    Stamp duty or stamp duty reserve tax (SDRT) on all UK equity purchases is payable at the prevailing rate at the time of dealing. The current rates are:

  • 0.5% SDRT on all UK equity purchases settled through CREST, rounded up to the nearest 1p.
  • 0.5% stamp duty on all UK equity purchases not settled through CREST, rounded up to the nearest £.
  • Stamp duty on Irish registered stock is currently charged at 1%.
  • The Panel of Takeovers and Mergers currently levy £1 on all UK equity transactions of £10,000 and over.

Administration charge (not applicable if you trade within the quarter)

    All account charges are taken in arrears and apply per account.

    Quarterly Administration charge No account charge is payable if only funds are held.

    £12 + VAT (trade only once in the quarter and this charge does not apply)

    An additional £25 + VAT for your overseas portfolio (waived if a deal was made in that quarter)

    Please be aware that the quarter is measured 3 months from when your account is opened. This then recurs every 3 months. 

    A benefit of the Barclays Premier Life Bank account is that there is no administration charge on our MarketMaster® account. If you have a Premier Life account, please contact us to let us know.

    Sundry charges

    Account Closure ​/ Transfers
    Closure of account FREE (dealing and/or transfer charges may be applicable)
    Transfer out of shares £30 per holding
    Transfer in of shares FREE
    Transfer in of International Lodgements (certificates or via a registration system) ​£50 per holding
    Remaining administration charges Pro-rata up to date of closure


    Cash Management
    ​Cash withdrawal ​FREE
    Chaps/ wire charge
    £25
    Unpaid/ returned Direct Debit charge £25
    Unpaid/ returned cheque charge ​£25
    ​Late settlement administration
    ​£40 + VAT per overdue deal
    Referral to Debt Recovery Department £25 (additional 8% if referred to an outside agency - minimum £15) + VAT
    Debit Interest Barclays Base Rate + 3.5%

    General Administration
    Ad hoc statement or valuation ​Free
    Copy of consolidated tax certificate £17.50 + VAT (if requested after 3 months of sending the original)
    Duplicate contract note Free, if requested within 6 months since deal

    £10 + VAT, if requested more than 6 months since deal
    Copy of tape recording / telephone conversation in case of complaint
    £20 + VAT conversation transcript in case of complaint (if Barclays Stockbrokers is not at fault)
    Valuation for Probate

    Price available on request

    Interest rates

    The interest paid is banded, which means that the rates in the table below apply only to the portion of the balance within each band shown, not to your cash balance as a whole. Each band of your overall cash balance will receive different rates of interest as shown below, to give an overall blended rate.

     

    Please note that our interest rates will move in line with changes in the Barclays Base Rate. However, where the applicable margin would result in a negative figure, the rate will be zero. 

     

    Cash Balance band
    Interest paid on this band only
    £0 - £999
    Nil
    £1,000 - £12,499
    4% below Barclays Base Rate
    £12,500 - £24,999
    3.5% below Barclays Base Rate
    £25,000 - £149,999
    2.5% below Barclays Base Rate
    £150,000 - £249,999
    1% below Barclays Base Rate
    £250,000 and over
    Barclays Base Rate

    View the Barclays Bank Base Rate online alternatively you can call Barclays Bank directly on 0845 603 0845*, hold for an agent and ask for the current rate. (Lines are open 8.30am-5.30pm Monday to Friday and Saturday 9am-1pm, except Bank Holidays. To maintain a quality service, phone calls may be monitored or recorded.)


    FX Conversion Charge

    Your Barclays Stockbrokers account holds sterling cash only. Trades in foreign securities will involve conversion into the currency of settlement. The exchange rate provided by the market is known as the spot rate. Barclays Stockbrokers charge a 0.5% margin on the value of that spot rate for USD and EUR transactions, all other currency conversions will be charged at 1%.


    All charges are correct as at March 2014

*Call costs may vary - please check with your telecoms provider. Calls may be recorded so that we can monitor the quality of our service and for security purposes.​​

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