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Selling shares with lowest fees

I've got some employee shares from my previous job that I've transferred into my ownership after leaving on compulsory redundancy terms and the scheme administrators (Equiniti) have sent me the shareholder's certificate.

I'd like to sell the shares, have contacted Equiniti about whether I could do this through them, and they've told me their postal share dealing service would be suitable.

It's got a fee of 1.75% of the value sold, with a minimum of £55: my total shareholding's about £1,300-£1,400: I'd be charged their minimum fee even though the 1.75% rate would charge £20-30 tops.

I've looked at Nationwide's website (as I'm a customer of theirs), and they've got their Stocktrade service they operate with Brewin Dolphin with lower fees than Equiniti.

I'd be keen to use them again if I can because I once sold some O2 shares through Nationwide/Brewin Dolphin and I found them to be very quick and helpful.

Does anyone know of any other reliables brokers who I could sell the shares through and have simpler and lower fees please?

Comments

  • jacko74
    jacko74 Posts: 396 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I'm guessing it's RMG shares... I transferred mine from Equiniti to x-o and I've since found x-o to be very user friendly and helpful when I've subsequently managed to forget my username and/or password (twice!)
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