Share Dealing Discussion Area

boy_3

I have a got a question if somebody has experience with eTrade (or anybody else). I have been trading stocks on US market through selftrade self select ISA, but they mostly only allow access to LSE International Retail Service (IRS) stocks and few more major US companies (as they decide).
http://focus.selftrade.co.uk/en/quic...&page=irs.html

I want better access to the US stocks. How is eTrade service in terms of access to the US stocks. If somebody has an account there, could you update me on this? A listing would be really nice.

wendyrobson

My husband and I have a joint marketmaster account and each a self select ISA account with Brclays. We don't trade very often and are charged an inactivity/management fee for each of the three accounts.It really adds up over the year. Does anyone know what other stockbrokers charge for little used accounts?

plumb1_2

wendyrobson wrote: »

My husband and I have a joint marketmaster account and each a self select ISA account with Brclays. We don't trade very often and are charged an inactivity/management fee for each of the three accounts.It really adds up over the year. Does anyone know what other stockbrokers charge for little used accounts?

SELFTRADE
A self-directed tax efficient account
Invest in UK and international shares, bonds (with a life of at least 5 years) and collectives
Investments quoted and settled in Sterling
Dealing instructions accepted online or by telephone
Standard dealing fee £12.50. No purchase commission on UK-listed index tracking ETFs. Annual charge of £25 (includes PEP)

There is a referal offer on also, several members do this. http://forums.moneysavingexpert.com/showthread.html?t=91587

TOPCAT_4

WE HAVE SOME OLD SHARE CERTIFICATES CAN ANYONE TELL ME HOW I CAN FIND OUT IF THEY ARE STILL VALID:NATIONAL GRID,CNTINENTAL FOODS,ENTERTAINMENT PRODUCTION SERVICES,B.G plc,
THANKS

gt94sss2

wendyrobson wrote: »

My husband and I have a joint marketmaster account and each a self select ISA account with Brclays. We don't trade very often and are charged an inactivity/management fee for each of the three accounts.It really adds up over the year. Does anyone know what other stockbrokers charge for little used accounts?

HSBC have no annual or inactivity charges on their self select ISA and PEP accounts.

See here for more information.

Regards
Sunil

gt94sss2

TOPCAT wrote: »

WE HAVE SOME OLD SHARE CERTIFICATES CAN ANYONE TELL ME HOW I CAN FIND OUT IF THEY ARE STILL VALID:NATIONAL GRID,CNTINENTAL FOODS,ENTERTAINMENT PRODUCTION SERVICES,B.G plc,

The share certificates should have the details of the companies share registrar on it - they are normally Computershare or LloydsTSB Registrars- if you contact them, they will tell you if your share certificates are still valid.

Regards
Sunil

TonyBagnall

hi, I have shares in four companies for which I have paper certificates, total value is about 10k. Can anyone advise on the cheapest way of selling them? I'm not going to want to trade after, its a one off deal, but banks etc want to charge £30 per company, which seems excessive to me!

sorry if this is an old hat question, I've read the last couple of pages and didnt find the answer.

Tony

gt94sss2

TonyBagnall wrote: »

hi, I have shares in four companies for which I have paper certificates, total value is about 10k. Can anyone advise on the cheapest way of selling them? I'm not going to want to trade after, its a one off deal, but banks etc want to charge £30 per company, which seems excessive to me!

Some options come to mind:

1) Hoodless Brennan offer the first month of trading commission free - you would need to send your share certificates to them (which they then register against your account) and you can then sell them.


2) HSBC InvestDirect will charge you £11.95/trade to sell your shares, if you have a HSBC current account.

3) Selftrade charge £12.50/trade but have a referral scheme where you could get up to £80
Regards
Sunil

roger_c

I am pretty sure that Self-trade DO charge an inactivity fee but only on the ISA not on their normal dealing account.

wygde3

gt94sss2 wrote: »

Some options come to mind:

1) Hoodless Brennan offer the first month of trading commission free - you would need to send your share certificates to them (which they then register against your account) and you can then sell them.


2) HSBC InvestDirect will charge you £11.95/trade to sell your shares, if you have a HSBC current account.

3) Selftrade charge £12.50/trade but have a referral scheme where you could get up to £80
Regards
Sunil

I need to do the same ... I have been looking at the Hoodless Brennan site but am confused by something in the following from there ...

Commission and Charges:

Apply before the 30th June 2007 and you’ll benefit from:


A flat rate commission of just £7 per trade – the lowest charge for online share dealing in the UK1
Apply before the 30th to get one month commission free trading – this offer is being withdrawn from the 1st July
Commission reducing to £6.50 a trade for the period after your commission free month until 1st October. Thereafter the following charges apply:

Apply after the 30th June 2007 and you’ll benefit from:

Our new £6.50 super low commission rate from the 1st July 2007. Then after three months your trading activity will be automatically reflected in the following revised commission bands for trades you conduct in the next quarter after:

If you have traded 20+ times in the previous quarter – Flat Rate £6.50 per trade
If you have traded 11-19 times in the previous quarter – Flat Rate £7 per trade
If you have traded 1-10 times per previous quarter – Flat Rate £8 per trade
And if you have not traded in the quarter then £5 maintenance charge (inclusive of VAT)

If you trade at least once per quarter we will waive the quarterly maintenance fee of £5 per quarter for you that is due to start for non-trading accounts from 1st October 2007. Each quarter your commission rate will be set against the amount of trades you did last quarter, meaning you can cut the commission you pay!


If I don't misread this it seems that if you sell your shares the once then in order to not incur the £5 per quarter charge you need to close the account?