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With a Self-Select Individual Savings Account (ISA) you can invest up to £7,200 a year tax free. A Royal Bank of Scotland Direct Trader Self-Select ISA allows you to:
- trade online or by phone
- trade in a wide range of shares, government securities, corporate bonds, unit trusts and open-ended investment companies (OEICs).
- take advantage of the flat rate of just £15 per trade online.
- take advantage of the flat rate fee of just £15 per trade online.
- benefit from low administration fees - the most you will pay is £60 + VAT per annum - However, if you maintain £25,000 or more in a RBS Direct Trader Self-Select ISA, your annual administration fees will be waived for the lifetime of the account.
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Important ISA Rule Changes |
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With a Direct Trader Self-Select ISA, you can: |
- Invest up to £7,200 this tax year (2008/09)
- View your trading history and the value of your shares
- Check share prices online or by phone
- Receive alerts by email or text message when share prices change
- Buy and sell shares automatically when they reach a certain price
- Set up virtual portfolios to test your trading strategies before you invest any money
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