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  • Is anybody using Trading 212 ?

    After going down a youtube rabbit hole I'm not throwing pocket change at Vanguard funds.

    Last night I wanted to buy £20 in a Vanguard S&P 500 fund. I now have £20 in the fund but the transaction cost me £22

    does anybody know why that would be ? my understanding was it was all commission free.

  • It wasn't the ETF, because that's trading at about eighty quid, and you can't buy fractional shares.

    The US Equity Index Fund (VUSEIDA) is an OEIC, and claims to have no entry/exit fees. The minimum 1-off payment is listed as £500, but I think that's waived if you're doing it through a Vanguard ISA.

    Do you know exactly what you bought?

  • Is anybody using Trading 212 ?

    Yes - was your Vanguard trade on there?

    I've just looked at it will let me buy a fractional share, says it's commission free and the total cost will be £20. But note the note at the bottom...

    That seems to be about pricing though. Without doing the actual trade (which I don't want to do as I'm a seller of equities rn) I can't see any reason why it should cost £22 and would be as surprised as you are if it did!

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