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What share dealing costs apply ? PAGE DOWN
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Selftrade No dealing fee on fund purchases & £12.50 flat rate share dealing fee online - frequent trades are only £6 per trade ! with discounts on many funds - over 200 funds with 0% initial charge !
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TD Waterhouse Trade shares online at £9.95 per trade, with 20 days to settle payment and access to best investment news, charting and trading tools 24/7.
For CFD's and Spreadbetting and for online shares and funds ISA.
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Barclays Stockbrokers. With trading commissions as low as £6.95 per trade when you trade 25 times or more in a calendar month and £9.95 for between 15 and 24 trades; otherwise it's £12.95.
Open a MarketMaster account today and start trading !
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About Stock Brokers
Things to watch for in choosing a stock broker
Dealing costs
The actual cost of placing an individual buy/sell order. There is stamp duty also at the prevailing rate but only on buys. Allways check that cheap dealing offers dont have high admin charges.
Admin charges
Normally charged quarterly. When calculating real cost look at number of deals likely per year and then add in this admin cost.
Transfer costs
Check costs to transfer in and out shares, share certificates and other charges must also be considered when evaluating costs.
Online or telephone dealing
Nearly all brokers now offer some form of Online dealing with telephone as optional back-up. Some Online systems have some human interface and others are 100% automated.
Holding share certificates
Outside of accounts avoids admin charges. Ok if you are likely to be a long term share holder (years not months).
Broker support
How much info can the broker offer you? Will he offer advice and recommendations or is his service completely without support.
Broker speciality Information
Some will offer Real-time share prices, trades information, news and feedback direct from the trading floor, live market data.
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