Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • SteveSilva
    • By SteveSilva 19th Jun 17, 2:48 PM
    • 135Posts
    • 4Thanks
    SteveSilva
    Best place for a stocks and shares ISA
    • #1
    • 19th Jun 17, 2:48 PM
    Best place for a stocks and shares ISA 19th Jun 17 at 2:48 PM
    I need to open one and should have done it before April but which platform do I choose?
    Im quite inexperienced with funds, and shares etc so was thinking mainly of passive tracker funds. However I don't want to pay too much for fees, be they closing or selling. Simple interface and usability is important too.

    Many thanks
Page 1
    • CH2IS
    • By CH2IS 19th Jun 17, 2:57 PM
    • 11 Posts
    • 1 Thanks
    CH2IS
    • #2
    • 19th Jun 17, 2:57 PM
    • #2
    • 19th Jun 17, 2:57 PM
    There's a handy table on monevator.com which compares the fees of the majority of UK brokers.
    • JohnRo
    • By JohnRo 19th Jun 17, 3:01 PM
    • 2,356 Posts
    • 2,086 Thanks
    JohnRo
    • #3
    • 19th Jun 17, 3:01 PM
    • #3
    • 19th Jun 17, 3:01 PM
    How long is a piece of string.

    Most of the well known platforms are good at what they do, each seems to have a certain niche that makes them attractive to certain investors and their particular investment plans or requirements.

    It's all about what you want to do, how you plan to do it and what numbers are involved.

    'thinking mainly of passive tracker funds' is far too vague a description to give any sort of meaningful reply.

    Lump sum? Regular contribution? Ad hoc? Amounts?
    'We can't solve problems by using the same kind of thinking we used when we created them.' ― Albert Einstein
    'Facts do not cease to exist because they are ignored.' ― Aldous Huxley
    • bostonerimus
    • By bostonerimus 19th Jun 17, 3:06 PM
    • 509 Posts
    • 249 Thanks
    bostonerimus
    • #4
    • 19th Jun 17, 3:06 PM
    • #4
    • 19th Jun 17, 3:06 PM
    I'd go with Vanguard......their website is clear and easy for the novice to understand and they have plenty of low cost trackers. The lack of choice is a positive for the newbie.
    Misanthrope in search of similar for mutual loathing
    • SteveSilva
    • By SteveSilva 20th Jun 17, 11:54 PM
    • 135 Posts
    • 4 Thanks
    SteveSilva
    • #5
    • 20th Jun 17, 11:54 PM
    • #5
    • 20th Jun 17, 11:54 PM
    Thanks chaps
    • migger02
    • By migger02 21st Jun 17, 9:41 AM
    • 18 Posts
    • 2 Thanks
    migger02
    • #6
    • 21st Jun 17, 9:41 AM
    • #6
    • 21st Jun 17, 9:41 AM
    I'm gonna take a look at the site as well, sounds a good resource for the beginners.
    • Glen Clark
    • By Glen Clark 21st Jun 17, 11:30 AM
    • 3,740 Posts
    • 2,728 Thanks
    Glen Clark
    • #7
    • 21st Jun 17, 11:30 AM
    • #7
    • 21st Jun 17, 11:30 AM
    Have you looked at the best buy pages on this website: http://www.moneysavingexpert.com/savings/cheap-online-sharedealing?_ga=2.26369402.613943611.1498032169-92532788.1498032169
    For society to function well, people generally need to feel that they have a fair chance of success through their ability and efforts. The more entrenched hereditary elites we have, the less likely people are to feel that way
    • luke623
    • By luke623 21st Jun 17, 6:59 PM
    • 44 Posts
    • 29 Thanks
    luke623
    • #8
    • 21st Jun 17, 6:59 PM
    • #8
    • 21st Jun 17, 6:59 PM
    I was pretty clueless about stocks and shares. I watched a lot of YouTube videos explaining how stocks and shares work. When i felt more comfrotable i decided to go with Hargreaves & Lansdown. It has a pretty straight forward user interface and really helpful phone and email support. Never had a problem with them.

    They have plenty of funds to choose from so i would image you'd find one you like.
    • migger02
    • By migger02 22nd Jun 17, 8:46 AM
    • 18 Posts
    • 2 Thanks
    migger02
    • #9
    • 22nd Jun 17, 8:46 AM
    • #9
    • 22nd Jun 17, 8:46 AM
    I'm gonna check that out as well Glen, thanks.
    • badger09
    • By badger09 22nd Jun 17, 3:57 PM
    • 5,078 Posts
    • 4,276 Thanks
    badger09
    I was pretty clueless about stocks and shares. I watched a lot of YouTube videos explaining how stocks and shares work. When i felt more comfrotable i decided to go with Hargreaves & Lansdown. It has a pretty straight forward user interface and really helpful phone and email support. Never had a problem with them.

    They have plenty of funds to choose from so i would image you'd find one you like.
    Originally posted by luke623
    I don't disagree with what you say.

    However, when your investment portfolio grows, Hargreaves Lansdown's 0.45% platform fee becomes very expensive if you hold funds.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

290Posts Today

4,607Users online

Martin's Twitter
  • Byebye! I'm about to stop work & twitter, to instead spend glorious time with Mrs & mini MSE. Wishing u a lovely summer. See u in 10 days.

  • WARNING Did you start Uni in or after 2012? The interest's rising to 6.1%; yet it doesnt work like you think. See https://t.co/IQ8f0Vyetu RT

  • RT @JanaBeee: @MartinSLewis Boris is the anomaly (coffee), the others are versions of normal (beer). Lots of same candidates = vote share d?

  • Follow Martin