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IWEB Share dealing

I am looking at getting back into buying shares, after a few years, but this time i am going to do things differently and not put all my eggs into 1 basket....

looking to invest around £500 a month, and each month a different company

has anyone used IWEB as a broker?

their charges seem to be very good, and alot cheaper than the nominee account i had with TSB (£7.99 a month, and also £15 a trade (not that i traded alot)

just wondering if anyone has had experiences with this company, failing that, Guardian Stockbrokers

Comments

  • Iweb are backed by Halifax pretty much so far as I know. Nothing to object to, they are the cheapest for international without going direct to USA

    A regular investing strategy I think is best tried first on funds. It can work out great, I used it in 2008 for profit but with shares I'd buy low and sell high so it gets more complicated, they usually loop more
  • meme86
    meme86 Posts: 115 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    thanks

    on self select stocks and shares ISA's, are all companies on the stock market available, or is there a certain selection?

    just thinking for next financial year
  • grey_gym_sock
    grey_gym_sock Posts: 4,508 Forumite
    they are the cheapest for international without going direct to USA

    are you allowing for hidden forex charges?
  • meme86
    meme86 Posts: 115 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    i have been reading up on self select stocks and shares ISA's and i have read that maybe i wont really benefit from this, as i have what i believe is a low income (£13k ish), and that maybe i would be better of just trading normally

    any thoughts or was what i was reading a load of old tosh???
  • srcandas
    srcandas Posts: 1,241 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    meme86 wrote: »
    i have been reading up on self select stocks and shares ISA's and i have read that maybe i wont really benefit from this, as i have what i believe is a low income (£13k ish), and that maybe i would be better of just trading normally

    any thoughts or was what i was reading a load of old tosh???

    One advantage of the ISA is it makes tax declaration a no brainer.

    However IMHO the chance of many S&S ISA owners ever getting a bean of tax benefit is very unlikely. But if the ISA has no additional costs then you may as well. :beer:
    I believe past performance is a good guide to future performance :beer:
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