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share dealing account advice
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Why?
They're not very competitive on their dealing costs (assuming non-OIECs), and they're not very competitive on their platform charge.
Would be interested to understand why you chose HL.
A large company with charges lower than I was paying before, I was buying with a certificate and paying around £30.
I dont trade very often, so the difference between £5-£12 per trade means very little.
Being new to these companies, a company that I have never heard of would carry some risk.0 -
Ok, thanks. I can understand your logic in wanting to sacrifice a little bit of cost savings for, potentially, a little more peace of mind.sevenhills wrote: »A large company with charges lower than I was paying before, I was buying with a certificate and paying around £30.
I dont trade very often, so the difference between £5-£12 per trade means very little.
Being new to these companies, a company that I have never heard of would carry some risk.
In theory all investment providers are 'equal' as long as they have FSCS protection, although I suppose some may have more to lose in brand reputation.Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
I used to think the same so traded through well known Building Society share schemes. Until I discovered they are run by Jarvis plc (owner of x-o) and I was just paying the Building Society as a middleman.sevenhills wrote: »Being new to these companies, a company that I have never heard of would carry some risk.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
I am a bit of an HL convert having previously written them off as too expensive. For the right situations (LISA regular contributions into discounted fund, small SIPP in drawdown, etc) they can be good value.
Alex0 -
I am a bit of an HL convert having previously written them off as too expensive. For the right situations (LISA regular contributions into discounted fund, small SIPP in drawdown, etc) they can be good value.
i use HL for exchange-traded investments in a taxable account. there's no holding charge.0
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