IWEB Share dealing

meme86

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

sabretoothtigger

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

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

sabretoothtigger wrote: »

they are the cheapest for international without going direct to USA

are you allowing for hidden forex charges?

meme86

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

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: