Holly Mckay
Holly MackayFounder and CEO

I always get confused with the annual fees platforms charge for ETFs

04 April 2023

Question by anonymous

I always get confused with the annual fees platforms charge for ETFs, please could you explain a little more about it?


Answered by Boring Money

ETFs are charged like shares. You pay a transaction fee to buy and sell – usually between £5 and £10 depending on the platforms. And then the ongoing admin fee is charged again like shares. So some platforms charge their standard % fee on ETF holding, but will cap this fee at an annual amount.

Read more in our ETF Hub!

Answered by

Boring Money

Here to help you understand your options and make smart money choices.

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