2015 Goals: Trimming the Trading Fees

Investing is a potentially lucrative move to make. However, it is not one which is without its costs. One of the often forgotten costs involved in investing are the trading fees. They are such a part of the investing landscape it is often the case we just pay them without much thought. But should we be overlooking their importance so easily?

For British investors the fees chiefly amount to the commission charge paid to your broker and stamp duty paid to the government (although not all London listed companies require payment of stamp duty). And, of course, when buying foreign equities, although we may lose the stamp duty we have to factor in the currency exchange charges.

Over the course of the year these can add up.