Which online share dealing account is best?

Jason167

I am looking to make investments in shares and put together a small portfolio.

As a share-buying novice, I am looking to open an online share buying account that isn't complicated to view or use.

Could anybody recommend an online share buying account that is simplistic to use and relatively cheap. An account with a mobile app would be a definite advantage.

marvin

Your cheapest will probably be Iweb (£25 fee but £5 a trade and is Halifax by another name)

Then there is x-o but I find them less user friendly than Halifax (£5.95 a trade)

Up to the Halifax itself, no fee but £12.50 a trade soon (31st March currently 11:95) They also do some occasional sessions of 2 hours in the middle of the day for £3.95 per trade.

Don't forget to look at our ISA options on this too.

Archi_Bald

http://monevator.com/work-out-cheapest-platform/

Minrich

What is stamp duty for on share purchases and why is it there ?

FailedTheTuringTest

Stamp duty is just a tax on the sale of shares and securities.

BoracicLint

Jason167 wrote: »

Could anybody recommend an online share buying account that is simplistic to use and relatively cheap. An account with a mobile app would be a definite advantage.

SVS Securities is only £5.75 per trade but no mobile app unfortunately. Shareprice has a great app and costs £10 per trade through the website or £9 per trade if you use the mobile app. Neither charge a fee.

BLB53

Stamp duty is just a tax on the sale of shares and securities

The other way round - stamp duty is a tax (0.5%) levied on the purchase of shares and other investments (not all - eg ETFs are exempt)