Rounding up of commission?
Hi, at what point do they round up sales to the next pence for football index? I know they take 2% commission and minimum of 1p per sale.
Eg. sell a player at 55p = 1.1p, and sell a player at 80p = 1.6p (would these be charged 1p or 2p)
Use the 25p & 75p as your markers.
Over 25 & 75 you get charged the extra penny.
Under & you don't.
Dan The Man
Not double checked this to see if it's spot on or not with the edge cases... but there's a pretty handy FI calculator for commission.
Thanks thats useful too
I only noticed the other day, if multiple shares, or at least a suitable moneys worth goes in a single transaction then fi tale a genuine 2%. Cant remember who the player was