How quickly will my deal be processed?
Funds work differently. When you buy and sell funds, the trade is processed each business day at certain times – you can find out exactly when on the fund’s research page. If you buy a fund after that day’s dealing cut-off, your deal won’t be executed until the next dealing valuation point (usually the next working day). This means it can take 1-4 working days for the deal to settle and the fund you’ve bought to appear in your portfolio.
The dealing charge will be taken directly from the account that you’re placing the order in. So, you need to make sure that you have available cash in the account to cover the deal, and not delay the process.