Irish stock broker fees

Irish stock broker fees

By: Topper Date: 27.05.2017
irish stock broker fees

I checked out Davy and Goodbodys.. I was told you can also buy shares through the bank too. He doesnt want to build a portfolio or anything so is kinda a waste having an account with a broker and having to pay the yearly fee etc if they can be just purchased in the bank.

Which trading platform or broker would you recommend for a new trader?

The cheapest one is probably national irish bank. You pay a 40 euros a year account maintenance fee but apart from that the charges are quite low for buying or selling shares.

The only problem is you have to hold the shares in their 'nominee' account.

irish stock broker fees

This means if you hold the shares for several years, you have to pay 40 euros every year - whereas if you go through a different stockbroker like Goodbody or Dolmen etc you could actually buy share certificates, and then forget about stockbrokers altogether until you need to sell they're yours so no annual fee. I think the cheapest way to do that is to go through Sharewatch.

Sharewatch either hold the shares for you in a crest account free of charge or you can buy the share certificates. Do you know do the brokers such as davy or goodbodys charge much for the actual certificates?

Share options – buying and selling and how best to do it

And in the case of you selling, any idea are the fees similiar to if you were to have an account with them and pay the annual fees Hi This pdf shows the costs of the main Irish stockbrokers - NCB Ulster bank have a 20 euro certification charge so this probably means they can provide share certificates. It might be easier dealing with them than with a foreign broker for the simple reason that you can go directly to a branch here if you need to: Want to share your thoughts?

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irish stock broker fees

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