Compare Trading Accounts

This Execution-Only Trading Account comparison table is summary in nature and not intended to be comprehensive. Full information is contained in our Terms or by contacting us at davyselect@davy.ie or by calling 01 614 8900. Davy Ancillary Charges, Davy Fund Management Charges and Third Party Charges are applicable where relevant, across all accounts and are disclosed in the Fees and Charges schedule. Davy Charges for Additional Investment Products will be made available in advance. We also provide a range of Execution-Only Pension Accounts.

 

 

Davy Select Execution-Only Trading Accounts Comparison

 

 

Account Type Davy Select
Trading Account
(Execution-Only)
Davy Select
Trading
Plus Account
(Execution-Only)
Davy Select Telephone
Trading Account

(Execution-Only)
Minimum initial
amount required
to open an account
€500 €500 None
Buy and sell
shares, investment
funds, ETFs
and bonds
Maintenance
Fee
€20 charged per quarter
Nominee
Fee [1]
€7.50 per holding subject to minimum annual fee of €45
Davy
Commission 
or
Dealing
Charges[4]
Shares and ETFs [2]
0.50% subject to minimum €14.99 per transaction.

Options:
1.65% on first €15,000, 1.00% on next €15,000, 0.50% on balance, subject to minimum €100 per transaction.
Annual dealing charge for any number of online transactions for Shares, Funds, ETFs, Bonds & Options: 0.90% per annum, minimum €400 per annum. 

Telephone charges may apply.
(see below). [3]
Shares, ETFs & Options: 1.65% on first €15,000, 1.00% on next €15,000, 0.50% on balance, subject to minimum €100 per transaction
Bonds: 0.50% subject to minimum €100 per transaction. Plus maximum wholesale book access charge per trade up to .20% Bonds: 0.50% subject to minimum €100 per transaction. Plus maximum wholesale book access charge per trade up to .20%
Funds: 0% Funds: 0%
Overseas
Charges [5]
Shares, ETFs and Options: Minimum Fee per trade for each instrument listed outside Ireland and UK 0.10%
Shares, Bonds and ETFs: Foreign Transaction Custody Charge per trade for each instrument listed outside Ireland and UK, €25.00 Shares, Bonds and ETFs: Foreign Transaction Custody Charge per trade for each instrument listed outside Ireland & UK €40.00
Fund
Rebates
Davy retains rebate Davy retains rebate
Complete
List of Fees
& Charges
Fees & Charges Fees & Charges Fees & Charges

 [1] Our Nominee service allows you to lodge your share certificates with Davy to be held electronically on your behalf. Your holdings will be distinguished from those of other clients, and from those of Davy. You remain the beneficial owner of your shares.

[2] When Davy Select Trading Account clients execute share and ETF trades over the telephone (instead of online), then the same rates apply as apply to "Option" transactions in this account.

[3] Where products are available to trade online and a client chooses to trade over the telephone instead, an additional Telephone Handling charge of €100 per transaction will apply.

[4] Dealing Charges – Dealing Charges cover general trading activity on your account and include online trading account access, related nominee services and other incidental account operation and reporting obligations, as applicable, and a minimum charge will be levied irrespective of whether or not there are any transactions in a six-month period.

[5] Overseas Charges – Fees will vary depending on the overseas market dealt and the broker used. A portion of the fees above may be retained by Davy. Further information is available on request.

 

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