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Is there stockbrokers commission and stamp duty applied to the cost of the shares?

April 26, 2017applied Commission COST duty Shares stamp stockbroker

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Is there stockbrokers commission and stamp duty applied to the cost of the shares?

1 Answer

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Yes. QUINN-life has negotiated a highly competitive commission rate with our stockbrokers. The current commission rate is 20 basis points, that is 0.20%, on the value of a share buy or sell. Any third party stamp duty or levies applicable to the particular share trade are also chargeable to your portfolio. Third party charges may change but we will notify you in advance of any change.