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Cheapest platform to buy shares of a certain company and just leave them-passive

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Hi

I have a few k (4-5) that I would like to use to buy shares of a certain company and leave it for the next 18-24 months. Given the fees of various platforms which one would be the cheapest to use?

Comments

  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    See Best Buy page of the website you are on - link :)
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    I would use Monevator to find the best broker http://monevator.com/compare-uk-cheapest-online-brokers/. I also wouldn't buy shares but would use funds instead.
  • lpgm
    lpgm Posts: 359 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    28052005 wrote: »
    Cheapest platform to buy shares of a certain company and just leave them-passive

    Just so you know, buying shares in one particular company isn't, in investment speak, 'passive'.
  • snowqueen555
    snowqueen555 Posts: 1,556 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    degiro is very cheap, you will find it hard to beat.
  • Majestic12
    Majestic12 Posts: 142 Forumite
    Just for shares:

    x-o

    £5.95 per trade.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    degiro is very cheap, you will find it hard to beat.

    Not uk regulated though?
  • Tom99
    Tom99 Posts: 5,371 Forumite
    1,000 Posts Second Anniversary
    Halifax, then use regular trader to do a one off purchase for £2. No admin or holding fee if outside an ISA.
  • george4064
    george4064 Posts: 2,928 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    colsten wrote: »
    I would use Monevator to find the best broker http://monevator.com/compare-uk-cheapest-online-brokers/. I also wouldn't buy shares but would use funds instead.

    What he said.
    "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%)
  • jimjames
    jimjames Posts: 18,695 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    28052005 wrote: »
    Hi

    I have a few k (4-5) that I would like to use to buy shares of a certain company and leave it for the next 18-24 months. Given the fees of various platforms which one would be the cheapest to use?

    Aside from the previous comments 18-24 months isn't a very long time to hold investments, you should normally be looking at 5-10 years. Also companies might need a bit more monitoring to consider any issues - examples would be Provident or Tesco recently.

    But I use iWeb and at £5 per trade you can't really get much cheaper.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Eco_Miser
    Eco_Miser Posts: 4,860 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    jimjames wrote: »
    But I use iWeb and at £5 per trade you can't really get much cheaper.
    Except the OP apparently only want to make a single buy and a single sell, in which case the £25 to join Iweb far exceeds the £1.90 x-o's transaction fees exceed iweb's.
    Eco Miser
    Saving money for well over half a century
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