Killik & Co

 

Like most advisory stock brokers, Killik & Co certainly isn’t a cheap option – you’ll pay up to 2% commission when buying international shares. But it offers a number of overseas markets that aren’t available through cheaper execution-only brokers in the UK.

The firm has a good reputation for high quality services and offers tax and financial planning services that may be useful to investors with larger accounts. Worth considering if you’re willing to pay for the advice and flexibility.

There is no minimum account size, but trades are unlikely to be cost-effective below the £5,000-10,000 range. Similar firms include Charles Stanley and Redmayne Bentley.

Markets available
Online tradingn/a
Telephone tradingAustralia, Austria, Belgium, Canada, Denmark, Finland, France, Germany - Frankfurt, Greece, Hong Kong, Italy, Japan - Tokyo, Luxembourg, Malaysia, Netherlands, New Zealand, Norway, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, UAE, UK, USA
Dealing commissions and charges
Typical onlinen/a
Online detailsn/a
Typical telephonemin £30-70
Telephone detailsUK first £15,000 1.65%, balance 0.5% (min £30), international first £15,000 2%, balance 0.5% (min £70)
Other fees and charges
Account fees and inactivity fees£5+VAT per quarter (£8.75+VAT for monthly statements or quarterly postal statements, £17.50+VAT for monthly postal statements)
Custody charges for stocks£5 per quarter per holding
Dividend chargesNone
Corporate action chargesRights issues - normal commission rates with minimum of £20
Currencies
Currency conversion chargesMargin over interbank rate of 0.5% up to £30,000 and 0.35% above
Hold cash in foreign currenciesYes
Currencies allowedMost major currencies
Other details
Tax-advantaged accountsISA (covered by account administration fee), SIPP (covered by account administration fee)
Other products and servicesBonds, CFDs, options, spreadbetting
Minimum account sizeNone
Company locationUK
Further informationVisit the Killik & Co website

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 Posted by at 12:34 am