Rating Summary

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

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Quick reviews (2)

1-15 of 40 reviews Show most helpful reviews first Newest first

 

Community Level 4SecretForm...

SecretFormula

make your first trade and earn 150 ipoints

Advantagesable to share deal online

Disadvantagesnone so far

"...sections (well for me!) of SelfTrade there are various other sections too - but to find out more take a look at selftrade - you never know you may well make some money!! (but don't ask me for any tips!!!!!!) ..." Read review
11.02.2002

Ciao members have rated this review on average: very helpful

DIY Share Trading...

AdvantagesSimple, informative, reliable...

DisadvantagesUK trading only, tips but no tips analysis...

"...an online stock broker. SelfTrade is part of the DAB group and allows you to buy any quantity of a share for £12.50, sell any quantity of a share for £12.50 and to trade through ISAs. The website is an easy-on-the-eye pale green and seems thoroughly logical in lay-out – the three main groupings are: Accounts – covering opening and maintaining your account Trading - buying and tracking specific shares Reseach – who is saying what about shares ..." Read review
10.12.2002

Ciao members have rated this review on average: very helpful

Community Level 1soko

soko

Super Site - But why so long to set up first trade

AdvantagesChildsplay to navigate and a mine of essential info

DisadvantagesDon't accept debit or credit card funding and low interest on dealing cash a/c

"Sorry, while this comment mentions SelfTrade, it has been posted here in error, and belongs properly to COMDIRECT. I am not deleting it at this stage as it will be relevant if you are seeking opinion on on-line brokers. Safe, comprehensive and childsplay to navigate, comdirect.com is a MUST for your bookmarks, whether or not you choose to use the company for on-line share dealing. I've tried much advertised share tracking software, costing up ..." Read review
09.03.2001

Ciao members have rated this review on average: very helpful

Community Level 2nigelpm

nigelpm

Selftrade excel

Advantagescheap trades, good information

Disadvantagessometimes unreliable

"...you make a trade with Selftrade they will email you a contract note informing you of the transaction usually around 6:00pm each day. On the downside I have had some trouble connecting to the site but usually they rectify this very quickly. Overall though this site is highly recommendable to beginners and experienced share traders alike for its simplicity and ease of use. ..." Read review
08.07.2001

Ciao members have rated this review on average: very helpful

Community Level 3Briz_Hatch...

Briz_Hatchings

Sharedealing was already a doddle

AdvantagesClear pricing structure, good introductory offer

DisadvantagesNot particularly efficient, no credit dealing limit

"Selftrade first emerged a little adverts on the tube claiming that they made ‘sharedealing a doddle.’ They neglected to mention the fact that actually dealing in shares was already a doddle with number of other stockbrokers available and that the hard part was picking good stocks. I went over to Selftrade from Barclays because they offer to hold your portfolio for you online (so you can access and value it on their site) for free as oppose to Barclays ..." Read review
16.10.2001

Ciao members have rated this review on average: very helpful

Community Level 3RippedoffP...

RippedoffPete

SelfTrade - Not bad so far.

AdvantagesCheap commission; easy to trade online. Efficient service.

DisadvantagesNo "limit quote" dealing facility yet. (Is imminent). Awkward telephone dealing service

"...set up an account with Selftrade last December, being new to online brokering, but having used telephone brokers for many years. Like other users have mentioned it took a little while to set up (a few weeks), including transferring my share certificates to Selftrade, and sending a cheque to clear (5 working days)for a cash balance with them. The site itself is easy to use, no frills, and it doesn't take long to master all the links and facilities. ..." Read review
24.03.2001

Ciao members have rated this review on average: very helpful

Community Level 3IainCMartin

IainCMartin

Invest your cash in shares not commission

AdvantagesPrice - you know what it will be and very good value

DisadvantagesVery plain, no-frills site

"...far as I am concerned Selftrade is a worthy competitor. OK so its portal isn't as flashy as some, but register and you can get real time quotes before you buy, you can buy at best or at quote. OK the account takes a while to set up and funds can't be transfered in instantly, but a small price to pay for £12.50 trades !! So what are they like to deal with ? Well, from my experience similar to other nominee brokers but on the whole a bit cheaper ..." Read review
21.03.2001

Ciao members have rated this review on average: very helpful

Community Level 2johnhal

johnhal

Looks promising

AdvantagesFree magnum of champagne and cheap flat rate dealing

DisadvantagesSite may crash in extreme market conditions

"Selftrade is a new online share dealing outfit which is currently offering a free magnum of champagne (I received mine intact!)and also at least a months free dealing or a whole years free dealing for 500 very lucky punters. Opening an account is very easy - just fill in the online application form, print it out and sign it, then send it off to them. The quickest and easiest way to transfer cash is by debit card. They also use the direct debit ..." Read review
11.12.2000

Ciao members have rated this review on average: very helpful

Community Level 4willsmj

willsmj

More to invest and less commission

Advantagescompetitive

Disadvantagesnil

"...now hold my portfolio on Selftrade and am happy of it's security. I have used the site to research many shares and have found it most useful and valuable. A site which is easy to join, easy to use, and probably the best value on the market at present. ..." Read review
16.08.2001

Ciao members have rated this review on average: very helpful

Community Level 2Alexis1

Alexis1

Selftrade really is a doddle

AdvantagesEasy to use, competitive comission fee

DisadvantagesNot many

"I first saw Selftrade.co.uk advertised on the London Underground, and having always wanted to trade shares, I decided to check it out. The site is well designed and eay to navigate. Having had little experience in share dealing, I ordered their free 40 page guide to share dealing. This arrived very promptly, and explains all the basics in a simple but effective manner. After reading the guide, I decided to register on the site. This took about ..." Read review
07.04.2001

Ciao members have rated this review on average: very helpful

Community Level 1haconsulting

haconsulting

Selftrade is excellent for the casual daytrader

AdvantagesExcellent value for money, good access and good facilities.

Disadvantagesslow if you are serious daytrader

"I have been using selftrade both as a direct account customer and as a cahoot customer (i.e. you join cahoot first, then have access to selftrade and there are differences in the service available, some are explained below). If, like me, you want to have access to a reasonable amount of data and reasonably quick access to prices and the ability to trade, then selftrade provides an excellent service and, the cheapest deal if you are likely to make ..." Read review
04.04.2001

Ciao members have rated this review on average: very helpful

Community Level 4racheldarcy

racheldarcy

Very easy to use

AdvantagesEasy to use, Fairly competitive price, Good customer services

DisadvantagesDidnt show price of shares until in the process of buying

"...that I liked most about selftrade was the ease of use. Often I find that websites are very difficult to navigate but this was easy and made sense. I also found the customer services department exteremely helpful and willing to answer the silliest questions (as I was trading for the first time). Price wise they were very competitive there are cheaper companies but selftrade offered some very good incentives including a free book worth £16 and £50 ..." Read review
17.08.2001

Ciao members have rated this review on average: very helpful

Community Level 1bmassen

bmassen

A efficient trading service that anyone can master

AdvantagesEfficient, cheap and easy to use.

DisadvantagesNot convienient to transfer money into the account

"What is Selftrade - simple, an online trading account where you can trade shares, by 'yourself'. Selftrade is part of the DAB group for those who are interested. I choose Selfstrade because of its ease of use and its efficiency. A trade can take as little as 30 seconds to complete and usually runs with no or very few hicups. It is sometimes not best for large sales, but for the smaller quantaties of shares, and also for the first time trader, ..." Read review
27.04.2003

Ciao members have rated this review on average: very helpful

Community Level 2Will

Will

Cheep trades, high quality service

AdvantagesCheep trading prices, great telephone support

DisadvantagesClunky navigation, site can be slow

"...not be so positive about selftrade overall. The tools available for monitoring and tracking you holding are extensive yet not exploited enough. I feel this is a navigation problem that should be addressed. The site design is poor and probably will put many first time traders off due to its clunky nature and awkward navigation. I've noticed a lot of offers over the past few months regarding the opportunity to trade on foreign markets but as yet, ..." Read review
03.02.2001

Ciao members have rated this review on average: very helpful

Community Level 3Davie123

Davie123

UPDATE 16-02-01 Make your money here

AdvantagesEasy trading and potential for large returns.

DisadvantagesShares fall as well as rise. You need a bit of luck sometimes.

"I logged on to Self Trade after seeing the advert on TV and thought this was a great idea as I had been saying to myself for years "I will buy shares" but never quite got round to actually doing it. I was not disappointed. I read up on what I needed to know and started trading within a week. The site is very helpful and guides you through everything you need to know. There is a fixed charge of £12.50 commission per trade plus the mandatory 0.5% stamp ..." Read review
10.12.2000

Ciao members have rated this review on average: helpful



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