FTSE100 Shares

I would recommend using Squaregain

They have a flat rate charge of £12.50 per trade - no account fees, inactivity fees, etc...

However, if you haven't used this year's ISA allowance, you would probably be better off doing this through an ISA account - although there may be a fixed charge for the ISA account.

I wouldn't use an ISA to buy 1000 pounds worth of shares - the benefits don't justify the costs.

For a first share purchase I'd avoid single shares unless you want to take a big punt or have a particualr reason for buying into a specific FTSE company. (If the former you'd be better off looking for smaller shares which are more volatile and more likely to have big gains or losses). In any case I'd at least widen my scope to the FTSE 350 - which gives a wider variety of shares than the FTSE100.

A better route IMO would be to buy an investment trust (an investment company traded like any other share on the stockmarket, but which is itself invested in many other shares). Unless you think the market is particularly low I'd consider a monthly investment in a an investment trust saving scheme.

Thom

Maybe not. If he is a basic rate taxpayer, there is no tax advantage on the dividend income, and it is unlikely that the capital gains on £1000 of shares would push him above the annual exemption.

What my advise would be is to invest in something a little bit safe, something you know for a fact that you would get some sought of return on your invetsment. More so i would employe you to do a bit of background work on any company you end up looking to invest in, cos you don`t want to invest only to find out that the company would go belly up.

Not knowing the difference between advise (verb) and advice (noun) is bad enough, as is using "cos" for "because", and "i" for "I", not to mention "`" for "'".

But to see someone use "sought" for "sort", and "employe" for (presumably) "implore" really does show up what has happened to education in this country. You must a victim of the teaching experiment in which imaginativeness was encouraged at the expense of basic language skills.

Poor sod. Now you need to be locked away, since we can't have the next generation exposed to such a buce in there formative years, or else beef or long it'll be the end of language as we no it.

I have carried out ample research into the FTSE100 company; the question I originally posed was whether anyone could recommend a good web-based stockbroker in order to trade.

Joe