The fees which are applied by the respective exchanges should be considered.
LSE Stocks
- Stamp Duty Reserve Tax is charged at 0.5% on share purchases made for stocks listed on the London Stock Exchange. There is no Stamp Duty charge applied to gilts, bonds or ETFs.
- PTM LEVY is charged in both cases, on purchase and sale, and it is £1 per trade for orders over £10,000.
*Stocks traded on LSE AIM are exempt from Stamp Duty Reserve Tax.
NYSE Stocks
- Transaction Fee (Securities and Exchange Commission) is $0.0000207 of the value of the sell order.
- FINRA Fee is charged on all covered stock and ETF sales at $0.000119 x quantity sold. There is a minimum charge of $0.01.
French Financial Transaction Tax
The French Financial Transaction Tax (FFT) is 0.3% and it is applied on the purchase of shares of companies located in France with a market cap of over 1 billion.