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Screenshot of a breaking news alert e-mail from Q2 2017
Leading UK online trading firm IG Group Holdings plc (LON:IGG) is introducing an expansion to its new stockbroking platform which launched in September 2014, in the form of a Stocks and Shares Individual Savings Account (ISA). The individual savings account enables investors in the UK to competitively invest in a tax efficient manner.
The recently launched stockbroking platform provides investors with access to real-time transparent prices on IG’s proprietary built platform, sourced from multiple venues, and easy access to key international stock markets with market-leading commission rates.
A stocks and shares ISA with IG Group offers a number of advantages, including:
- No transfer fees
- One of the industry’s lowest commission rate, starting from just £6 per trade on UK stocks
- A 0.3% currency conversion fee on international stocks
- The ability to trade over 4,500 shares with live pricing
- Tax-free profits
- Ease of use, with one login to consolidate trading and share holdings on one platform
- Support of analytical tools, charting, market news and videos
- Available in the UK only, with the option to trade both UK and non-UK shares
IG Group provides customers with access to international stocks in key markets such as the United States. IG cites a low cost and transparent charging structure on the currency conversion, along with no hidden costs.
Furthermore, IG Group also makes it easy for investors to trade UK and other non-UK financial markets, which can be cumbersome and expensive to do through traditional online channels.
What is an ISA?
An ISA (individual savings account) is a retail investment available to UK residents that is exempt from income tax and capital gains tax on its returns.
There are restrictions on how much you can invest in an ISA each year: from 1 July 2014 the total subscription limit is £15,000.
More information and full details on the IG Group stocks and shares ISA can be accessed here.
For more information on Stockbroking with IG Group, click here.