Does anyone have a online stock share deal account??
Question:
I am currently researching about market stock exchanges, and was thinking it would be a good idea to open this account with Halifax and invest a really small amount a month to get experiences and understanding of the whole thing.
Answer:
Halifax is a UK bank, owned by HBOS plc.
I have a couple of online accounts. Halifax are fine as long as you don't ask them to do anything complicated (meaning, as long as you don't ask them to buy or sell stock outside the FTSE 100). The really poor one is TD Waterhouse. Unfortunately they seem to be taking over everyone else right now.
The other thing you need to know is that Halifax contract out their share dealing service. It's done by the same people who run the share dealing services for RBS, Nat West, Yorks Building Society, etc, etc. So you might learn something about investing if you open an account but it wont tell you anything about the Halifax.
Where is the firm located?
Take a look at http://www.iii.co.uk
They also do online stock dealing - I think they have the cheapest charges - flat rate of £10 per trade for UK stocks
Yes, Interactive Investor is recommended - they've won several online awards and are £2 per trade cheaper than Halifax.
http://www.iii.co.uk/sharedealing/...
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