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  • FIRST POST
    • jkility
    • By jkility 6th Nov 19, 8:52 PM
    • 62Posts
    • 374Thanks
    jkility
    Alternative share providers
    • #1
    • 6th Nov 19, 8:52 PM
    Alternative share providers 6th Nov 19 at 8:52 PM
    Hi all,


    My Sharesave scheme matures in December and I have the option to take the shares or cashout. I'll be taking the shares and I have the option to either them put in the providers online account for me to manage or have a share certificate.


    If I have the shares online, if I ever want to sell them then I'll be charged 0.3%/minimum 30. My query is, is there any other providers out there which I could use to manage my shares which could be more affordable?


    Thanks it advance!
Page 1
    • IanSt
    • By IanSt 7th Nov 19, 10:22 AM
    • 363 Posts
    • 273 Thanks
    IanSt
    • #2
    • 7th Nov 19, 10:22 AM
    • #2
    • 7th Nov 19, 10:22 AM
    Maybe take a look at https://x-o.co.uk where it is 5.95 flat rate per trade.

    https://www.iweb-sharedealing.co.uk/share-dealing-home.asp is slightly cheaper but you do have to pay a 25 account opening charge.

    I've used both of the above and they're easy to use so can recommend them.

    Do remember that it's generally thought not a good idea to have too much of your assets in shares in the company that you also work for, so if I were you then I'd be looking to sell the shares fairly quickly after getting them and either saving the money or investing the money in a more diverse range of investments.
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