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iWeb Platform

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Comments

  • capital0ne
    capital0ne Posts: 872 Forumite
    500 Posts Second Anniversary
    edited 13 January 2018 at 3:43PM
    Note - I see my error now, didn't add on the platform fee for ii - see correction below

    I'm with II (TD prior to that) so now I'm paying a few £22.50/quarter or £90/yr
    I reinvest automatically - costs £1.00 now, with TD that was £1.50
    I have 60 reinvestments each year and I trade about 8 times a year

    So the cost comparison is like this
    ii TD
    Reinvestments £60 £90
    Trades £80 £100
    Total £120 £190
    Platform Fee £90 N/A
    Less Credit -£90 N/A
    Annual Cost £200 £190

    So altho' TD had no fees for a portfolio of shares and ETFs it was costing me £190/yr
    And ii will only cost me £10 more

    I was thinking of moving to iWeb, but not now - I think I may
  • Eco_Miser
    Eco_Miser Posts: 5,017 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    As said, it's basic, but I keep my own records, so I don't need to platform to tell me how much I've made or lost.
    Eco Miser
    Saving money for well over half a century
  • As others have said. Very basic, but cheap and cheerful is fine for me. I have share dealing with them as well as an ISA and trading costs are low and reliable.
  • xylophone
    xylophone Posts: 45,909 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think I'll be happy enough with it once my ISA transfer from II actually completes and I have the dividends that have been paid to II and that I have still not received.
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