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