Online share trading

Hoodless Brennan, £7 per trade.

https://www.hoodlessbrennan.com/index1.htm

HTH

Cheerfulcat

The Share Centre charges 1%, minimum £2.50. There is also a £2.50 + VAT ( £2.94 ) quarterly admin fee. Contrary to what the article says ( sorry, Martin ), they will charge this fee regardless of whether you receive dividends. So it's only cheaper if you're buying less than £450's worth of shares.In any case, if you are willing to go for batch dealing then the Halifax Sharebuilder cannot be beaten at £1.50 per deal -

http://www.halifax.co.uk/sharedealing/sharebuilder.shtml


HTH

Cheerfulcat

Barclays are offering 50 free trades for internet users, is
this not a good deal? it closes on the 30/11/04
Would be interested to hear your opinion on this

Hi, costcutter,

The free trades only apply until 31/12/04; after that it's £12 ( or £7.50 if you trade more than 11 times per quarter ). There is also an inactivity charge of £9 + VAT per quarter if you don't trade, so it's not as cheap as it seems...

Cheerfulcat

Hi, costcutter,

It all depends on how frequently you want to deal. If it's only going to be once or twice a year then Hargreaves Lansdown is one of the least expensive ( bearing in mind that certificated dealing costs a fair bit more than having a nominee account ). They charge 1% for up to £10,000 and 0.5% for the next £10,000, with a minimum charge of £15. The Classic sharedealing account costs nothing to run.

There is a sort of halfway house in sponsored Crest accounts which are uncertificated but the shares are in your name. Here's some more info -

http://www.thisismoney.com/advice/sharedealing/crest_membership.htm

I have had no experience with sponsored Crest accounts.

HTH

Cheerfulcat