Reply to: Online share dealing

[richy]

Thanks for all the suggestions everyone.

I went with HL vantage in the end, as already with them for SIPP. rich

[pangeakiller]

I use svssecurities. £5.75 per trade with an alright interface.

[ASB]

I boughy a couple thousand. The drop was a little overdone IMHO but time will tell

Snap, though showing a small loss at the mo.

Mind you since I'm long shorting it is probably a good strategic move.

[richy]

I use shareprice.co.uk, 10 quid a trade, or 9 if you use their great iPhone app.

The site does look good free info! How is the "trading dashboard" style interface? I think being able to diagrammatically see the information in graph form, day/week/month/year/decade is essential !

Also shareprice.co.uk doesn't appear to sell funds. So would still need HL for that. (also I've already got a few funds through L&G, but theirs are limited choice.. maybe that is all the choice I need tho!)

[richy]

The Share Centre

BTW, The Share Centre website has been timing out twice while I've been trying to use it. Unknown cause (my other web browsing all fine).

[richy]

HL Share dealing?

Thanks for all the replies.

I have been looking at Hargreaves Landsdown Vantage, looks quite good: 11.95 per trade. No 1% charge like Share Centre!

Share dealing charges | Deal from £5.95 with Hargreaves Lansdown


My other concern was how easy it is to get cash, in and out of the account. I know the trader may make this tricky. I may wish to take money out to purchase a buy2let etc in the next year or so.

Cheers, rich.

[MarillionFan]

I signed up with The Share Centre (share.com) but found they charge 1%, or £7.50 min.

So 5k on Tescos would cost me £50 to buy, and I presume another £50 to sell?

.. So I am thinking maybe not a good deal, as the others like TD Waterhouse charge £12.50 per trade, and £10 per quarter if no trades.

Cheers, rich

I use Barclays Stockbrokers Barclays Stockbrokers. £14.95 flat use for infrequent trades, but can drop down to £4.95 if you are frequency. In addition you can set up ISAS, Sipps, Bonds etc etc Very useful for managing a good portfolio.

[Waldorf]

Anyone pouring money into Tescos shares?? is it a minor profit blip (so good time to buy) or start of their demise??

No - the new boss has mentioned that he will be spending millions to re-vamp stores and fund promotions, so Tesco's profits will be hit for a few years, and he can blame the previous boss.

Tesco will be ok in the long term as it has a huge market share but it will be a long slog, if you are happy to sit it out for 5+ years than you should be ok, but I cannot see any quick profit making.

[richy]

I signed up with The Share Centre (share.com) but found they charge 1%, or £7.50 min.

So 5k on Tescos would cost me £50 to buy, and I presume another £50 to sell?

.. So I am thinking maybe not a good deal, as the others like TD Waterhouse charge £12.50 per trade, and £10 per quarter if no trades.

Cheers, rich

[Scrag Meister]

I use iii.co.uk. Not had any problems.

WASBS

[MarillionFan]

Anyone pouring money into Tescos shares?? is it a minor profit blip (so good time to buy) or start of their demise??

I boughy a couple thousand. The drop was a little overdone IMHO but time will tell

[Joeman]

Anyone pouring money into Tescos shares?? is it a minor profit blip (so good time to buy) or start of their demise??

[Wary]

I use First Direct, but only because I bank with them which means it is much easier to be able to transfer funds to/from the share dealing account.

My recommedndation would be NOT to use them for share dealing as their system is pretty poor.

[richy]

Why not do spread betting instead of short term trading? The spreads or fees are usually lower.

I don't fully understand Spread betting.. so I could mess up!

[xing]

Why not do spread betting instead of short term trading? The spreads or fees are usually lower.