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Online Broker recommendations
tamiami
Posts: 537 Forumite
Can anyone recommend an online broker please? Thinking of starting investing, just a small amount each month. Really don't know where to start.
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Check this out http://monevator.com/compare-uk-cheapest-online-brokers/
In generally, if u have a less than £30 000 to invest, a percentage fee broker would tend to be cheaper than a flat fee broker. Other things to consider is trading costs, platform fees, availability of funds/shares you are interested in on the platform, exit fees.
Are you planning to invest via a SIPP/ISA/regular investment account? They all have different fee structures.
The goal of choosing a broker is to keep fees as low as possible to maximise any return.
Save 12K in 2020 # 38 £0/£20,0000
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