Share Dealing (small scale)

Oct 09, 2008 6 Replies

Is there a straightforward way of making occasional share purchases, without, if possible setting up a full-scale dealing account with a broker?


Yes. Set up an account with an on-line dealing firm like IMIweb or Hargreaves Lansdown. OK, maybe you might regard this as a full scale dealing account but it's not difficult to arrange. Then you can just buy ad sell when you want. Had you considered this and rejected it?

Rob Graham

In message , Mike O'Sullivan wrote

Do you mean something like

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More information in the 'Find out more' link towards the top of that page

Does it involve a quarterly fee? I did look at Lloyds TSB share dealing service, but it involved having the shareholdings in a nominee account, and there was a quarterly fee charged regardless of if there were any transactions. All I want is a "deal only" service where I get the shareholdings registered in my name.

Well, I use IMIweb and there's is just a 10 dealing fee. But it's a nominee account so you don't get any share certificates. Is that a problem?

In theory, no, but isn't it true that some benefits, such as shareholder discounts, are not easily available to nominee shareholders?

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