Stock and Shares account for small investor

w00519772

Are there any stocks and shares brokers etc that offer good value for money for people who want to "dabble" in stocks and shares?

HSBC for example charge 19.99 per transaction, which isn't a lot if you are investing a lot of money, but not so good for someone who wants to start investing small to begin with.

badger09

w00519772 wrote: »

Are there any stocks and shares brokers etc that offer good value for money for people who want to "dabble" in stocks and shares?

HSBC for example charge 19.99 per transaction, which isn't a lot if you are investing a lot of money, but not so good for someone who wants to start investing small to begin with.

This might help

http://monevator.com/compare-uk-cheapest-online-brokers/

BLB53

It depends to some extent whether you want funds/trackers or shares/investment trusts etc.

For small investments in funds, you could consider Charles Stanley Direct https://www.charles-stanley-direct.co.uk/ who charge 0.25% for holding funds so if you have £1,000 in a tracker fund, the annual charges are just £2.50.

badger09

registanaka78 is trying to spam you OP.

I have reported.

JohnRo

AFAIK iWeb are the cheapest at £5 a deal, they're operated by Halifax Share Dealing who themselves charge £12.50 a deal which has always struck me as a very odd arrangement but it is what it is.

However iWeb do also require a one off administration charge of £25 to open an account there.

w00519772

badger09 wrote: »

registanaka78 is trying to spam you OP.

I have reported.

I do not understand what you mean. Was there an advertisement on here?

badger09

w00519772 wrote: »

I do not understand what you mean. Was there an advertisement on here?

Yes
New poster registered and offered to help you, if you emailed them

Ogre_Nose_Grid

iWeb sound fine. I use iDealing and YouInvest. Suggest you invest using a wrapper, probably ISA, just because it saves hassle in long term.

chile_paul

I use iweb and think they are absolutely fine for my needs as a relatively small investor

w00519772

chile_paul wrote: »

I use iweb and think they are absolutely fine for my needs as a relatively small investor

do you choose companies to invest in yourself or is it a fund? What is the cost?

badger09

w00519772 wrote: »

do you choose companies to invest in yourself or is it a fund? What is the cost?

The costs are all compared in the link I posted in post 2 above:cool: