Best Platform for Choice of IT's

jimjames

StellaN wrote: »

OP if you only hold IT's in your ISA then I think AJ Bell and HL offer you the best selection of IT's to choose from at competitive prices.

Although iWeb and Halifax are cheaper they are both limited on choice of IT's and for example neither list the JP Morgan US Smaller Companies IT.
.

I haven't checked but I find that extremely hard to believe as ITs are just listed shares and I'm not aware of any restriction on which shares can be bought via iWeb. Their fee for purchase is £5 so cheaper than HL and no ongoing fees

bowlhead99

I would agree, JUSC is listed on the London main market and settled through SETS as with most of the larger non-FTSE350 stocks. So any broker can buy it subject to usual market liquidity and there's no expectation that a particular broker could have a reason to block it or struggle to find a market maker.

It's not like it's in the Specialist Fund Segment, where the investment vehicles might not strictly be ITs but rather investment companies targeted at institutions or highly knowledgeable or professionally advised investors.

A_T

JUSC is listed as available for dealing with iWeb in an ISA, SIPP or Sharedealing account

Glen_Clark

I'm happy with holding my shares ETFs and ITs in X-O platform - only wish I'd bought shares in X-O (Jarvis plc). But since none of us are likely to have tried all the platforms none of us are qualified to say which is best.
So I always suggest starting with the Best Buy platforms page of this website: https://www.moneysavingexpert.com/savings/cheap-online-sharedealing?_ga=2.14774326.1017526747.1498207934-1345294851.1496851258

cloud_dog

A_T wrote: »

JUSC is listed as available for dealing with iWeb in an ISA, SIPP or Sharedealing account

...and in a Halifax dealing account (no surprises as iWeb and Halifax are same/similar).

System

Obviously, available at all good stockbrokers including IG:
https://www.ig.com/uk/investments/share-dealing/costs-fees

Rollinghome

Glen_Clark wrote: »

But since none of us are likely to have tried all the platforms none of us are qualified to say which is best.

That's the problem, and even if we have, the best platform for some people won't be the best for everyone. As has often been said, (and demonstrated by SnowMan's sooper-dooper spreadsheet ) much depends on the level of investment, the type of investments held, frequency of trading, the required level of hand-holding, etc.

FWIW, over the past few years I've had accounts with Iweb, Hargreaves Lansdown, Cavendishonline/Fidelity, SVS, XO and Selftrade, a couple I can't remember, and before that it was mostly those expensive telephone-based accounts.

The ones I use now are HL, only because they give me a good discount on the monthly fees, because moving from them is expensive, and because some of the tools are mildly useful; sometimes SVS because I like the helpful people there; but primarily I use Iweb because it does most of what I want at an ultra-low cost. And as the general idea is to maximise returns, costs are a major factor. YMMV.