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Question

What can I do to avoid paying the MarketMaster quarterly administration fee of £12 plus VAT?

Answer

If you have traded at least once in the previous quarter, you will automatically be exempt from this quarter's fee.

Instead of calendar quarters, the quarterly period is measured three months from the date your account was opened and every three months thereafter.

You can view the quarterly periods relevant to your account in the 'Account history' section of the website (you need to be logged in to see this).

The administration fee is debited from your account two weeks after it is generated.

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