What share broker

serendipity123

Hello everyone


I want to start buying Share. Yes I am a beginner, please can someone/anyone recommend which broker or bank to use???

EdGasket

x-o or AJ Bell Youinvest

Eco_Miser

Do you really want to buy shares in single companies, or funds of many shares? The latter is much lower risk. Don't use a bank, except perhaps Halifax Share Dealing, (which is owned by a bank, but not the service you would get by walking into the Halifax). Look at Monevator for lots of suggestions, including this list of brokers: http://monevator.com/compare-uk-cheapest-online-brokers/

TakeCareOfThePennies_2

IG are good.

TakeCareOfThePennies_2

Eco_Miser wrote: »

Do you really want to buy shares in single companies, or funds of many shares? The latter is much lower risk.

A true beginner should not even contemplate buying shares in single companies.

"Master" funds first. Then move onto single company shares.

If you can't make money with funds, you are a million times more unlikely to be able to make money with shares.

jimjames

serendipity123 wrote: »

Hello everyone


I want to start buying Share. Yes I am a beginner, please can someone/anyone recommend which broker or bank to use???

It would certainly be a good idea to buy more than one share otherwise your costs will be massively outweighing the share value.

But if you're asking such a question it would imply that buying individual shares isn't really what you should be doing.

Maybe have a read of https://www.monevator.com and you may get some pointers

KGriff

I assume you want to trade infrequently to start with and I found TD Direct Investing simple to use ... You can open a trading or ISA account and buy and sell managed funds or individual shares in national and international markets.

Simple interface and fairly straight forward. Lots of help and advice on the site and you can find some advanced tools as your knowledge and understanding develops.

Fees are low (comparatively speaking) and if you get stuck or need advice there is help at the end of the phone during normal working hours and Saturday mornings. Staff are helpful and you can even ring people direct on their trading desks to buy and sell if your internet goes down or you want to discuss any trading issues.

I believe they also can assign advisors to you and give recommendations but that involves higher fees... I've not used that option so I can't comment on their achievements.

There are daily and regular recommendation reports from their analysts too to help you with your decision process.

There is also an app for the iPhone and iPad.. Not sure if there is one for android but check the google play store.. It allows you to monitor, buy and sell your investments from your mobile.

I will end by saying that I am not affiliated with TD Direct Investing other than being a customer and I am on recommending them based on my own experience, which has been fine over the last 7 years.

There are some documents on MSE too from the staff about other brokers and providers such as interactive investor etc...

Here is a link to the information:
http://www.moneysavingexpert.com/savings/stocks-shares-isas?_ga=1.166782907.426848552.1429312456

Hope that helps... best of luck with your future investing.

serendipity123

Many thanks, will look into your recommendations.


Just look at TD direct, sounds and looks good.
Many thanks

serendipity123

TakeCareOfThePennies wrote: »

A true beginner should not even contemplate buying shares in single companies.

"Master" funds first. Then move onto single company shares.

If you can't make money with funds, you are a million times more unlikely to be able to make money with shares.

Because of you, I am now looking into funds,


Many thanks

jimjames

serendipity123 wrote: »

Because of you, I am now looking into funds,


Many thanks

Funds are definitely a good place to start when you are beginning as it gives immediate diversification at very low cost.

redux

serendipity123 wrote: »

Because of you, I am now looking into funds,


Many thanks

and investment trusts