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What costs can I expect?
Industry Fixed Costs:
Fee Type | Payable on |
STRATE charges Settlement costs | Buying and Selling transactions |
Investor Protection Levy (IPL) | Buying and Selling transactions |
Securities Transfer Tax (STT) Tax on shares transferred on the stock exchange | Buying transactions only |
Value Added Tax at 14% (payable on brokerage, IPL and STRATE) | Buying and Selling transactions |
Broker's costs
These are costs that you cannot avoid, although the broker's cost varies between brokerages.
Fee Type | Payable on |
Brokerage fee Paid to the broker who does the buying for you | Buying and Selling transactions |
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