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Which one is the best shares/stocks trading platform for beginners?
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An ISA is a product offered by a particular platform or ISA manager at that platform so basically yesFlobberchops wrote: »Within a S&S ISA, are you tied to a particular platform0 -
First you choose a platform, then open an ISA account with it.Flobberchops wrote: »Within a S&S ISA, are you tied to a particular platform or can you choose your own?
If you change your mind you can transfer the ISA to a different platform.
You can also open ISAs with different platforms in different years.
So, one platform per ISA, but you can change it.Eco Miser
Saving money for well over half a century0 -
Aah, thanks for the info. So, if I went for a Barclays S+S ISA I'd be tied to Barclays Stockbrokers, if I wanted a Halifax S+S ISA it'd be with whatever platform Halifax uses, etc?: )0
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Hargreaves Lansdown. The only thing I have heard against them is they are not always the cheapest.
I have experience of others (eg Alliance Trust) and they less user-friendly, some have limitations, faults even. Some are just a pain in the ar*e to use. You really don't need hassle when you're on an investment platform.
I would recommend Hargreaves. Excellent website, excellent human beings if you c*ck something up and need help.0 -
Don't go to a bank for financial advice - they can only sell you their own (or a small panel of) products. Mostly don't go to a bank for a platform (Halifax Sharedealing and their white label Iweb are an exception, but go direct online, not through the high street bank). ISA's are simply tax wrappers, and if someone's trying to sell you a pre-packed, brand-name one, avoid it.Flobberchops wrote: »Aah, thanks for the info. So, if I went for a Barclays S+S ISA I'd be tied to Barclays Stockbrokers, if I wanted a Halifax S+S ISA it'd be with whatever platform Halifax uses, etc?
With most platforms, once you open and fund an ISA account, you can buy within the tax-wrapper any share or bond traded on the London Stock Exchange, and any fund (collective investment into shares and bonds) from a UK regulated fund manager (Some only do shares, some only do funds, some might not carry specific funds).Eco Miser
Saving money for well over half a century0 -
Simple platform is Halifax cheap is XOI started with nothing and I am proud to say I still have most of it left.0
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