Compare Share Dealing Accounts

Compare platform fees and the price per trade for cheaper investing

Trade From
0%
No markup, no ticket fee, no management fees
Features
Commission free share investing. Buy fractional shares. Access to TipRanks expert share analysis & price targets.
Platform Fees

Additional fees may be applied for eToro service. Your capital is at risk. Other fees apply. For more information, visit eToro

Why we like it:  eToro is the world’s largest community of traders and investors, numbering more than 10 million from more than 140 countries. With eToro get exactly what you’re paying for with commission-free stock investing. Receive notifications on volatility and market events and get Free access to TipRanks expert stock analysis and price targets. Capital at risk. Other fees may apply

FEATURES: One of the attractions of eToro as a platform is the ability to participate in copy and social trading.  CopyTrader is eToro’s most popular feature and allows you to view what traders are doing in real time and copy their trading automatically. If you are a beginner learning the basics or simply don’t have time to watch the markets, this feature allows you to leverage other traders expertise.

Trade From
£2.95
Flat fee for buying stocks on LSE or buying ETF's
Features
£500 OFFER: Open an account by 31st December & get £500 trading commission to use within 3 months. T&Cs apply.
Platform Fees
No Fee
Why we like it: A complete multi-currency platform with low fees. Zero commission and no added spreads on share CFD’s. Smart interfaces, fast and reliable execution, and no hidden costs. Over 30 million orders processed every year. Capital at risk.
Trade From
£4.95
Features
ADVFN "Best Execution Only Broker 2020"
Platform Fees
0.25% pa
Good to know: There is no charge to set up or transfer a share dealing account and no charge to pay money into the account. You can deal from as little as £1.50, and you will never pay more than £9.95 per online deal. Voted ‘Best Execution Only Broker 2020’  by ADVFN International Financial Awards. Capital at risk.
Trade From
£5.95
Features
UK's No1 broker. Trusted by over 1 million investors.
Platform Fees
No fees for share dealing

Good to know: Online trading charges based on previous month’s activity. 20+ trades made in previous month is £5.95 a trade. 10-19 trades are £8.95 a trade. Less than 10 trades it’s £11.95. Get Access to live prices. Easy set up – Buy & sell shares in minutes! Capital at risk.

Trade From
£9.99 pm
Using the Investor Service Plan
Features
Ideal for investors who want flexibility and uncapped investment options.
Platform Fees
No transfer or exit fees. From £7.99 using the Investor Service Plan

Why we like it: An award-winning trading account. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading. Capital at risk.

Trade From
£8
0% commission on US shares
Features
Pay zero commission on US share trades. Unique out of hours US share dealing offering.
Platform Fees
£0 to £24 per quarter

Good to know: Pay zero commission on US share trades, and just £3 on UK share trades, when you trade three or more times a month with IG. No admin or transfer fees. Custody fee of £24 per quarter, charged if you hold share dealing or ISA assets at the end of the quarter. Capital at risk.

Trade From
£3
standard trade rate
Features
Barclays Price Improver.
Platform Fees

£4 to £125 pm

Transaction fees from £3 for funds (or £1 for each automated regular investment), plus a platform fee of £4-£125/month. Invest in over 2,000 funds plus Exchange Traded Funds (ETFs), Investment Trusts, Shares and more. The value of investments can fall as well as rise and you may get back less than you invest. If you’re unsure about investing we recommend you ask for independent advice. Capital at risk.

How do you pick a share dealing platform?

Investment platform services offered vary widely, and so do the costs.

4 things to think about:

1. Do you want to do a lot of share dealing?

Active investors will want to look for a platform that offers the lowest fees for volume trades.

If you are going to deal stock regularly most share dealing platforms will offer lower trading prices based on volume.

2. Types of trading account offered shares?

Some share dealing platforms offer as well as general trading accounts, ISA accounts and Self Invested Personal Pension Accounts which offer tax free trading benefits (no tax on dividends or capital gains tax on realised profit).

Accounts which offer ISA and SIPP accounts include Interactive InvestorAJ BellHargreaves Lansdown and IG

3. Do you want to deal just in shares, funds, or shares & funds?

If you also interested in investing in funds then this again may determine who you go with.

If you are interested in ETFs, Investment Trusts, Open Ended Investment Companies (OEICs) or Unit Trusts then you will need to check with the platform provider what is available. E.g. Some platforms only offer a limited number of collectives such as OEICs.

Charging structured for funds held on the platform will vary. Over time the impact of such charges can be significant. Check the platform charging structure carefully.

4. How easy is this share trading platform to use: what kind of tools and customer service does it offer?

How easy is the platform to use to buy and sell shares?

Platform functionality is becoming the key battleground in persuading people which platform to go for.

Mobile app features are also key in offering  alerts and buy/sell signals whilst on the move.

These are often the criteria that count most highly with users, so do some research and read the reviews.

Many investors are prepared to pay a bit more in fees  for a platform that offers really useful apps and services.

Some platforms such as eToro offer customers the option of copying trades of successful traders. This can be an attractive option where you don’t have to decide when to buy or sell. For more info on what is copy trading and how does it work click here.

 

IMPORTANT: No news, feature article or comment should be seen as a personal recommendation to invest. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular plan. If you are at all unsure of the suitability of a particular product, both in respect of its objectives and its risk profile, you should seek independent financial advice. The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 67%-75% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk. Tax treatment of ISAs depends on your individual circumstances and is based on current law which may be subject to change in the future. ISA transfer charges may apply, please check with your provider.