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Anonymous

11 Mar 2020

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General Investing

SCB Online Trading fees for buying LSE ETFs?

Hi everyone, I'm trying to buy CSPX from SCB. How did the Total Fees accumulate to 81.62USD? Sorry, first time using SCB, just need some clarifications haha. Information is below:

Stock Name / Code (Market) ISHARES VII PLC ISHRS CORE S&P 500 UCITS ETF USD (ACC) / CSPX (LSE)

Order Quantity 37

Buy/Sell Price 274.880

Valid For (Until) Day

Order Type Limit

Settle Ccy USD

Order Value (Ccy) 10,170.56 (USD)

Total Fees 81.62 (USD)

Standard Chartered Online Trading

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Davin

11 Mar 2020

There is this 5% stamp duty for LSE, but it is exempted for ETF. However SCB not able to recognize this but it will be fixed during settlement. U will not be charged this amount eventually. Yr total fees should b 0.25% plus GST only

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Related Posts

Recently open the SCB online trading account and managed to buy lse ETF. Do I need to fill in the w8 Ben form ?

I am 21yo. Is it wise to open scb online trading account now although I'm currently using ibkr? SCB having promo (1june-30sep) on FREE brokerage fees (rebate) on all "Buy" trades. Have war chest $40k aside. Any advice?

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