Why are the commissions so high for my UK stock trades?

Please note that opening positions for UK stocks are assessed a stamp tax duty of 0.5% of trade value for UK stocks and 1.0% of trade value for Irish listed stocks. You can see details of any stamp taxes charged in the Transaction Fees section of your Activity Statements. To see more information about fees which may be assessed on trade executions please visit the commissions page of the IBKR website.

Find out more on the Tax when you buy shares page of the Gov.UK website.

Additional Information

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Summary of third party transaction fees
Does the commission shown on the Trade Log include all fees?
Is transaction tax included in the cost basis?