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+44 (0) 208 819 2985
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  Rates And Charges  
 
   

Commission Charges

Member Save More on Commission

 Amount Sent  Member  Other Transfer Platforms
 0 - 10  £3 £5
11 - 50 £3 £5
 51 - 100  £4 £5
 101 - 200  £8.50 £10
201 - 300 £12.50 £15
301 - 400 £16 £20
401 - 500 £18 £22
501 - 600 £20 £25
601 - 700 £20 £28
701 - 1000 £23.00 £31
1001 - 5000 2.5% 3.5%
5001 - Above 2.0% 3.0%

Registration is FREE.

Commission is charged per Deal. Other charges and service restrictions may apply.

Online Commission - All investment types except non shares/stocks.

Commission Groups

 

Commission fee

Per Deal

 

2%

 Telephone Commission - All investment types or services

Services

 

Commission

Per Deal

 

1.99%

Other Charges

Account Closure/Transfers

Closure of account

 

FREE (Dealing and/or transfer fees may be applicable)

Remaining administration charges

 

Pro-rata up to date of closure

 Cash Management

Cash withdrawal

 

FREE if in Naira and within 5 days

 

 

 

Wire charge

 

N1000 for every same day transfer

 Late Settlement

Returned cheque fee

 

£15 + VAT or equivalent in Naira

Late settlement penalty

 

£40 + VAT per overdue deal or equivalent in Naira

Referral to Debt Recovery Department

 

£25 (additional 8% if referred to an outside agency - minimum £15) + VAT or equivalent in Naira

 

 

 

 General Administration

Ad hoc statement or valuation

 

£20 + VAT

CSCS statement from Broker

 

Free but £5  Admin fee is required

Copy of tape recording/telephone

 

£2000 + VAT conversation transcript in case of complaint (if Afrotrade  is not at fault)

Interest Rates

Trading Account  Balance

 

Interest Paid

£0 and over

 

0%

Registrar Fees 

Lost Certificate/Unclaimed Dividends
 
Charges
Per Stock Name or Symbol
 
N5,000 or Equivalent in Forex
Per Registrar Name   N5,995 or equivalent in Forex + 1% of Portfolio Value
     

All charges were corrected as at July 2013.

 
   

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