About iDealing

iDealing is an independent financial services company located in city of London. iDealing main products are Direct Access to European securities exchanges plus over-the-counter derivatives such as CFDs and Spreadbets. A member of the London Stock Exchange and regulated by the FSA. iDealing's private clients are further protected by FSCS.

idealing.com share dealing service offers consolidated accounts for shares, funds, isa's and sipp through iDealing's Direct Access account and iDealing's award winning trading platform - iDealer Dashboard which can include margin trading accounts for CFDs, Spread Bets, Futures and margined Options.

Main Accounts offered:

  • Standard Account
  • ISA Account (Individual)
  • PEP Account (Individual)
  • Margin Account
  • Investment Club Account
  • Online pension management - SIPP

Launched in May 2000, following an 18 month development period, iDealing's policies have been based on the errors and successes of other online brokers in conjunction with the extensive experience of their management and staff.

iDealing are a member of the London Stock Exchange and are regulated by the Financial Services Authority (FSA). iDealing's private clients are protected by the Financial Services Compensation Scheme (FSCS). For details of the Scheme, please go to www.fscs.org.uk In addition, iDealing has Professional Indemnity insurance cover of 1,000,000 per claim.

iDealing's service has evolved from their experience as investors and internet users. They have a site built for speed and reliability, with no unnecessary graphics and a backup website in a completely separate location.

iDealing clients can now trade in NASDAQ, NYSE, and European Equities.

No Foreign Exchange fees
All executions are in Sterling, removing the need for F/X transactions (and the hidden F/X fees that other brokers charge).

One Sterling Account
All trades handled from your existing iDealing account(s). No need to set up another account (or incur extra charges as a result).

Dividends in Sterling
At the time of writing this, the UK hadn't joined the Euro, and the Union Jack had no stars. Foreign Currency dividends are collected and paid into your account in Sterling, saving you costs.

Trade from your PEP, ISA or STD Accounts
All eligible stocks are available for trading within your PEP, ISA, or Standard account, including Investment Clubs and Corporates. Try finding that elsewhere!

Huge array of Stocks
For a full list of immediate electronic coverage visit their web site.

Big Interest rates
iDealing continues to pay an industry-leading 3.75% (18/09/01) on credit balances. Ask other brokers what they pay (bet they blush).

Share Dealing Charges

Questions to consider if you are opening an online shares dealing account

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.