With Dodl, you only pay one simple charge per account. The account charge is 0.15% of the value of your investments per year (min £1 per month). It’s collected from the cash in your account once a month, so it’s spread over the whole year.
Because your Dodl account charge is collected from the available cash in your account each month, you’ll need to make sure there’s a small amount left uninvested to cover this. Don’t worry – you’ll be given a quick heads up before it’s collected.
There are no dealing charges on Dodl to buy and sell your investments. But bear in mind the investments you choose will have their own charges to buy/sell or hold them:
Funds have ongoing charges and transaction costs
UK shares have stamp duty (0.5%) which you’ll pay when you buy them
US shares will have an FX charge taken when you buy or sell them (This rate is tiered depending on the value of your investment but starts at 0.75% for transactions up to £10,000)