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Halifax Share Dealing Ltd

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Tips For Opening And Running A Sharexpress Account

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4 May 5th, 2001 

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

Advantages:
Quick, cheap, easy to operate .  If selling you get your money with 3 days .

Disadvantages:
Site can be slow, too many passwords to remember

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

fallen121

fallen121

About me:

Always looking to buy your unwanted "Chalet School" books for my collection. Leave a messa...

Member since:04.05.2001

Reviews:44

Members who trust:16

I started out opening a Halifax Websaver online. I then printed off the documentation and took it down to my local Halifax branch with two forms of identification. That got the money laundering requirements out of the way and meant that once I'd received all the passwords in the mail, I could go ahead and open my Sharexpress account online straight away because I was already a customer. The Websaver pays a great rate of interest too, far better than what you get with some 50 day notice accounts.

The Halifax are one of the few online brokers who won't charge you to convert your paper share certificates into online stocks, which is great if you are like me and were drowning in hundreds of certificates with small amounts of shares for the same company. It tidied things up quite a bit. The shares are held in Nominee Names but don't worry, you still get your dividends etc. The main advantage is that you get to sell your shares much easier than with paper certificates when you have to ring round to get the best prices and then get balance certificates if you didn't sell your entire holding in one go.

In the early days I used to phone them up and ask them to send me a form in the post for converting paper share certificates to online stocks. I'd then fill that out and send it back with the share certificates, and then they'd send me a Crest transfer form and I'd send that back as well. Then I discovered that if I went to the main Halifax site they had all the transfer forms online, which you can just print off and send in, it saves a lot of hassle and you get your shares converted to online stocks within three days instead of ten days.

Here's the link to get the transfer forms:

http://www.halifax.co.uk/default.asp?pageid=1993

 

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Comments about this review »

dobieg 07.04.2004 15:45

To be honest, I find the subject just as baffling as betting on horses! Perhaps I can put it all down to a slightly over strict Calvinistic upbringing!

Neolad2020r 19.02.2003 12:04

Doesn't convince me needs something:)thanks

Suhail 30.06.2002 18:57

Wouldn't recommend. The interface is not user friendly at all. Have to go though too many steps to log in.



More reviews »

Halifax Share Dealing Ltd - review by llbcollins

Advantages: An easy share dealing system to use
Disadvantages: none- fairly competitive with rest of market

Halifax Share Dealing Ltd - review by llbcollins llbcollins 22.08.2008 (16.10.2008) · Read review
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Halifax Share Dealing Ltd - review by DeanBolton

Advantages: Nominee account, funds don't need to be lodged in order to trade
Disadvantages: You may not be able to trade at all during busy times

Halifax Share Dealing Ltd - review by DeanBolton DeanBolton 29.09.2000 · Read review
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Halifax Share Dealing Ltd - review by bigmadeejit

Advantages: Quick, easy, no need to hold share certificates, deal online
Disadvantages: Share Prices go down as well as up

Halifax Share Dealing Ltd - review by bigmadeejit bigmadeejit 13.05.2005 · Read review
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Halifax Share Dealing Ltd - review by GS26

Advantages: Good Web Site
Disadvantages: Account information sparse

Halifax Share Dealing Ltd - review by GS26 GS26 26.12.2000 · Read review
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Halifax Share Dealing Ltd - review by bssb

Advantages: Halifax look after certificates!
Disadvantages: Speed and service levels

Halifax Share Dealing Ltd - review by bssb bssb 02.08.2000 · Read review
Ciao members have rated this review on average: off topic
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