Under the assumptions shown, the lowest calculable charge among the mutually comparable covered brokers is £6.00. This excludes the material costs listed below, and cost alone does not determine whether a broker meets your needs.
Last calculated · Oldest material source verification · Status: published
Complete assumptions
The portfolio value is the modeled average for the year. Contribution growth is not used to infer a different average.
Every fixed input used by the shared annual-cost calculator
Country and currency
United Kingdom · GBP
Account type
General Investment Account (GIA)
Required investments
Shares
Modeled average portfolio value
£6,000.00
New contribution each month
£500.00
Stock/share/ETF purchases each month
1
Fund purchases each month
0
Opening options contracts each month
0
Overseas-currency purchase value each month
£500.00
Full outgoing transfers in the year
0
Modeled period
12 months; monthly activity is multiplied by 12
Rounding convention
Integer minor units; percentage charges use half-up rounding unless a sourced provider rule specifies otherwise
Bid–ask spreads, taxes, regulatory levies, fund ongoing charges, market-data subscriptions, margin interest, cash interest and investment performance are outside the v1 fee model.
Provider-specific charges outside the selected activity may apply; a calculated zero is not a claim that the account is free to use.
Exchange-rate movements, any markup embedded in an execution rate, overseas market charges and custody taxes are not modeled.
Eligibility and coverage
10 covered brokers were evaluated. 4 have mutually comparable modeled calculations; 4 have a material calculation gap; 1 have unknown eligibility; and 1 are ineligible for a selected requirement. Not every broker in the market is covered.
Comparable calculated charges
Ordered by calculable total, with alphabetical tie-breaking. There are no numeric ranks. The lowest annotation applies only to this fixed, current scenario.
Calculated charges among mutually comparable covered brokers
Complete for selected modeled categories · currentCalculation details for Dodl
Account · £12.00
0.15% × 600000 minor-unit portfolio value = 900 minor units after half-up rounding; × 1 per year charge(s) = 1200 minor units. Minimum of 1200 minor units applied at the charge boundary.
The annualized £12 minimum assumes the £1 monthly minimum applies for 12 months.
Material limitation: Fund costs range from 0.06% to 0.79%; optional live ETF dealing costs £7.50.
Why 1 covered broker is ineligible
InvestEngine: The official product scope explicitly excludes this investment type.
Modeled fee categories: Account, Share/ETF trading, FX conversion.
Why the modeled charges differ
A zero headline dealing charge does not remove a published currency-conversion charge, which is applied here to £6,000 of annual modeled conversion value.
FX conversion lines: The FX line applies each calculable published rate to £6,000 of annual modeled conversion value and can exceed the dealing line.
share/ETF trading and account lines: The trading and account lines remain separate from FX, making clear which published rule creates each modeled charge.
Change these assumptions
Open the calculator with this exact country, account, investment, portfolio, monthly activity, FX, transfer, and 12-month setup already filled in.
