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Looking for online broker

determinus
Posts: 2 Newbie
Hello,
I reside in the UK and am looking to start investing but don't really know which online broker to choose.
Here are some facts about me and my circumstances:
Questions:
Hopefully the more enlightened folks on this forum will be able to point me in the right direction!
I reside in the UK and am looking to start investing but don't really know which online broker to choose.
Here are some facts about me and my circumstances:
- My style of trading will consist of a mix of swing and buy & hold; definitely not interested in day trading for starters but not ruling it out entirely later on, as and if I get more fluent in reading and feeling the market.
- Given the point above, I should really avoid brokers that charge swap/rollover fees, which, if I understand it correctly, includes all CFD-type brokers; is this correct?
- Will be initially investing with a low 5 figures in EUR.
- Financial instruments interested in include stocks initially but with a view to rapidly progressing to ETF and index funds.
- Ideally, would like access to the US market, in addition to the UK's.
Questions:
- Given the above, which online broker would you recommend?
- I have opened an account with TD Direct Investing (an offshoot of the American TD Ameritrade). Are they a good broker to start investing with? (it seems they allow trading of ETFs online)
Hopefully the more enlightened folks on this forum will be able to point me in the right direction!
0
Comments
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Check this out first: http://monevator.com/compare-uk-cheapest-online-brokers/"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0
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