Please note that through a series of namechanges and mergers Comdirect has been absorbed into the Talos Securities Limited Group companies and the Comdirect business replaced by Selftrade. In 2014 Equiniti and Selftrade agreed for the transfer of the assets of Selftrade's business to Equiniti. The company still trades as Selftrade.
Selftrade is one of the UK’s largest execution-only stockbrokers offering a range of dealing and tax-efficient accounts to meet different investment needs. The Selftrade platform gives you access to a wealth of market information, research, technical analysis and investment tools to help you manage your investments.
Deal in equities, ETFs, ETCs, Gilts and bonds, covered warrants and Turbos. And for Fund investing, there’s a choice of over 40 fund providers and more than 1,000 funds, including over 900 funds with a 0% initial charge.
You’ll pay a flat £12.50 dealing fee however you trade - online, by phone or by mobile. There’s no dealing fee on fund purchases and with the Regular Investment Service you can invest monthly in a range of shares, investment trusts and ETFs for £1.50 per purchase.
Full Range of Investments:
to ukcitymedia.co.uk readers who open a Selftrade Dealing, ISA and/or SIPP Dealing account - via these links only Selftrade.
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.
Page has info on selftrade execution-only stockbrokers previously squaregain (changed July 2006) and previously comdirect in 2005, buying and selling shares on uk stock exchange, holding funds online, accounts for trading bonds, multi fund type platforms, comdirect execution-only stockbrokers, squaregain stock brokers online share dealing services. Selftrade is at Boatmans House, 2 Selsdon Way, London E14 9LA