NatWest Stockbrokers


Update: NatWest has sold its interest in NatWest Stockbrokers to Toronto-Dominion Bank, the parent company of TD Waterhouse. The NatWest Stockbrokers service is closed to new clients and will be merged into TD Direct Investing in early 2015.

NatWest Stockbrokers (also badged as RBS Sharedealing) is a white label service provided by TD Waterhouse. It’s included here mainly to make comparisons easier – since charges are higher for almost every service, investors who wish to use the TD Direct Investing platform should do so directly.

Markets available
Online tradingAustralia, Belgium, Canada, France, Germany - Frankfurt, Hong Kong, Ireland, Italy, Netherlands, Singapore, Spain, UK, USA
Telephone tradingSweden, Switzerland
Dealing commissions and charges
Typical online£12-20
Online detailsUK £13.95 regular accounts, £12 Elite accounts (£250,000 in assets or £2,500/year in commissions); international regular £20, Elite £15
Typical telephonemin £44-55
Telephone detailsUK regular up to 1% (min £55), Elite up to 0.8% (min £44); international regular up to 1.25% (min £50), Elite up to 1% (min £37.5)
Other fees and charges
Account fees and inactivity feesQuarterly inactivity charge of £10 on accounts under £15,000
Custody charges for stocksNone
Dividend chargesNone
Corporate action chargesNone
Currency conversion chargesUp to 2% margin on interbank rates: Trades up to £25,000 2%; £25,000-50,000 1.75%; £50,000-100,000 1%; £100,000-600,000 0.5%; £600,000-1,000,000 0.25%
Hold cash in foreign currenciesYes
Currencies allowedAUD, CAD, CHF, EUR, GBP, HKD, SGD, USD
Other details
Tax-advantaged accountsISA (administration fee of £25+VAT per year, waived for accounts over £15,000 or those that trade 4+ times per year)
Other products and servicesCFDs, FX, spreadbetting
Minimum account sizeNone
Company locationUK
Further informationVisit the NatWest Stockbrokers website

Click here to compare NatWest Stockbrokers with another broker

 Posted by at 12:38 am