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Barclays - taking stock

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4 Sep 18th, 2000 

5 Ciao members have rated this review on average: very helpful

Advantages:
household name  -  well branded  -  well priced

Disadvantages:
household name with a stigma in some areas of late .

Recommendable Yes:

Detailed rating:

Competitiveness of charges

Coverage of national/international markets

Online - Content/organization of site

Online - Reliability/speed of site

Online - Ease of applying for products

Online - Investment tracking

jacksonandy

jacksonandy

About me:

Member since:08.08.2000

Reviews:67

Members who trust:4

Barclays offer a good service whether using their phone dealing service or their on-line service at www.barcalys-stockbrokers.co.uk

Their charges are reasonable (£11.99 per deal on-line) and contrary to warnings I have heard on various bulletin boards, I have never experienced problems buying or more critacally selling.

Barclays also operate a feature which they call price improver, this means that although you get a on-line price either over the phone or to your screen, they will try to better this while the deal is going through.

You will also find that Barclays will trade virtually any listed share, foreign, AIM, residual etc. This is a large advantage to the small speculative investor who believes they have just found a good deal.

The web-site is easy to use giving you about 15 seconds to execute your deal, once your price is displayed. Again a good feature is that you can select a number of shares to buy, or an amount of money to spend (including or excluding commission). Nice for the novice or lazy, Barclays will work out your closest allocation of shares for the price you input.

With the recent fashion in share-trading by Joe Public, this must now become a majou source of income for any institution, Barclays were there at the start and in my opinion offer a fine service at a reasonable cost.
 

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Comments about this review »

branchp 11.07.2002 15:20

There are cheaper brokers out there - Barclays are expensive.



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