The table below compares accounts from the limited number of UK stockbrokers who offer sponsored CREST accounts for individual investors.
It is not a full comparison table of UK stockbrokers – see the UK discount stockbrokers comparison table for many more possibilities if you don’t need a personal CREST account.
For more details on what individual CREST membership is and why you might or might not want it, see the CREST personal account FAQ.
All firms in the table are regulated by the UK Financial Conduct Authority (FCA).
|Stockbroker||CREST personal account fee||Online trading commission||Telephone trading commission|
|Annual account fee of 0.3%+VAT up to £150,000, 0.125%+VAT on next £350,000, 0.075%+VAT over £500,000 (min £40+VAT, max £1,200+VAT)||n/a||£25 min (£25 on first £250, 1.75% of next £9,750, 0.5% of next £10,000, 0.4% of balance)|
|£420+VAT per year||n/a||£25 min (1.85% of first £10,000, 0.5% of next £90,000, 0.25% of balance)|
|Killik & Co|
|£120+VAT per line of stock per year||n/a||£30 min (1.65% of first £15,000, 0.5% of balance)|
|£495+VAT per year||n/a||£17.5 min (1.65% of first £10,000, 0.5% from £10-20,000, 0.45% of balance) plus settlement and compliance charge of £10 (UK), £15 (USA), £10 (other CREST eligible foreign stocks)|
Notes on the UK CREST Personal Member Account comparison table
Fees include VAT at 20% where applicable. For reference, you may wish to note that the annual fee charged by Euroclear UK & Ireland, owner of CREST, to member stockbrokers is £10 per sponsored member per year. CREST sponsored membership is available to residents of the European Economic Area (EEA), Jersey, Guernsey and the Isle of Man only; brokers may also have their own restrictions on accepting clients not resident in the UK.
The above table does not include absolutely all UK stockbrokers who offer CREST accounts. Some other traditional full service stockbrokers will do so as well, but their fee are likely to be similar to the more expensive brokers already listed above. The Wealth Managers Association (previously the Association of Private Client Investment Managers and Stockbrokers) has a search function on its website that allows you to search for member firms that offer CREST sponsorship.
If you would like to provide details of another broker that will open CREST accounts for individuals, please send me an email through the contact form.
Information in the UK CREST personal member accounts comparison table comes from the stockbrokers’ websites and leaflets, conversations with broker staff and conversations with investors who use the services. While I try to ensure it is accurate and up-to-date, I cannot guarantee that. You should always check current terms and conditions before opening an account. If you identify any errors or omissions, please email me using the contact form.