The Share Centre

The Best Online Broker (Ciao Hitlist)

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Reviews »

1-15 of 15 reviews of The Share Centre sort by Usefulness | Product rating | Date

 

Cheapest way to buy and sell shares

Advantages: Low commission rates
Disadvantages: None

The Share Centre's promotional leaflet claims to offer one of the easiest and cheapest ways to buy and sell shares. For the small private investor, I would certainly agree. I was attracted by their low minimum charge as a I only had a few windfall shares to sell, and did not want to pay a high commission charge. Their service is totally flexible and will meet everyone's needs. You can buy and sell shares via the internet, telephone or post. They ...
...buy and sell shares over the telephone. POST They supply forms (and prepaid envelopes!) for you to buy and sell shares by post. You will need to use a postal service if you have share certificates. Their current commission rates are: BUYING 1% of deal value (minimum £2.50), plus stamp duty of 0.5%, plus 25p on all transactions over £10,000 SELLING 1% of deal value (minimum £7.50) OTHER SERVICES FAMILY DEALING - Family members with the same ...

mandyhaley 05.06.2001 · Read full review
Ciao members have rated this review on average: very helpful
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Share Centric

Advantages: Inexpensive way to learn share trading
Disadvantages: Poor access at times

The Share Centre became possible as a result of the cities "Big Bang" in 1986, but initially came to prominence at the height of the dotcom and demutualisation era in the late 1990's, cashing in on the Building Society demutualisations of the period. It has managed to survive the clear out since the dotcom bubble burst. The Share Centre provides services to individuals, families and Investment Clubs through it's Share Account and Fast Track services ...
...alternative trading exchange much like the Alternative Investment Market (AIM). It has to be said that this is one of the cheapest forms of share trading with a minimum of just £2.50 to buy (limited to strict time schedules), and £7.50 to sell (which can be sold by internet traders in normal office hours - approx 8:15 to 4:30). For anyone wishing to toe dip onto the stock exchange this could be the way for you. If you are new to shares they also ...

Sbanshee 01.05.2003 (25.08.2003) · Read full review
Ciao members have rated this review on average: very helpful
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Very Good Cheap Service

Advantages: Low Trading Costs
Disadvantages: Limited daily trades

...Baraclays Stockbrokers but i found the costs were excessive as I was only trading in a few hundred pounds. Then I found the Share Centre in Tring. They only charge £2.50 plus stamp duty on a buy. The only draw back is that they only trade 4 times a day so you cannot execute a buy or sell at a shares current price. But this can work both ways because occasionally if you place an order to buy they can buy at less than the current price this happened ...

fee 05.10.2000 · Read full review
Ciao members have rated this review on average: very helpful
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Cheap is not always best

Advantages: cheap
Disadvantages: inflexible

The Share Centre is the cheapest UK broker for dealing charges . But that is no good if you can't deal when you want to . At best it is very frustrating . At worst it can cost you money . They only deal three times at nine am , one pm, and four pm but in between these times the prices can have changed a lot. also bear in mind that you have to phone up one hour at least in advance before the dealing time or they will not process your order until ...
...on an afternoon to deal on that particular day or else otherwise you will be processed the foloowing day . Yes they are cheap and friendly to boot . But if you are used to dealing frequently when you want the share centre is probably not for you . ...

galls 07.12.2000 · Read full review
Ciao members have rated this review on average: very helpful
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Cheap but very limited

Advantages: The cheapest
Disadvantages: Poor site, limited dealing times, takes time to get funds into account

I signed up with the Share Centre a couple of months ago simply because of their very attractive rates. They are by far the cheapest online share dealer around and I thought that I would take advantage of this to save a few quid. Share Centre currently charge 1% on every trade they make but their minimums are very low so if you buy £250 of shares you only get charged the minimum - £2.50 (this is slightly higher for selling at £7.50). These rates ...
...you do not officially own the shares, they are held by the Share Centre in your name, what this means if Share Centre goes bust or if you want to change dealers and don't want to sell up then this could cause problems. The main problem I had with the Share Centre was simply the difficulty in transfering cash into their holdings. You have to send them a cheque - no direct debit or debiting via a card. This means that it takes another few days to get ...

Bubba77 17.10.2000 · Read full review
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Superb!

Advantages: Reasonable commission for small players
Disadvantages: Three dealing times

The Share Centre is my favourite online broker. The commission structure is very reasonable especially if you are investing just a small amount. The online dealing is not confusing even though there are not many facilities compared to other online brokers, but if you know your stuff you should know that all those figures and necessary statistics can be easily found in other sites. The Share Centre's dealing is straight forward and sufficient if you ...

MarketWatcher 28.07.2000 · Read full review
Ciao members have rated this review on average: helpful
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The Shar Centre

Advantages: user friendly
Disadvantages: not real time

I like the ease at which you can communicate with the share centre, through phone, post, email for instance. YOu can leave instructions for them and set limit prices for buying and selling. And their prices are reasonable especially when you buy their own shares. Share centre shares are currently 56p and instead of dividend allow you to reduce the amount of fees you have to pay, pro rata to the amount of shares you own. I use the share centre web ...

detla5 02.01.2001 · Read full review
Ciao members have rated this review on average: helpful
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Buy shares cheaper

Advantages: cheapest prices available in the UK
Disadvantages: Restricted dealing times

...from a company called THE SHARE CENTRE LTD. They were formed around seven years ago with the intention of being acessable to the smaller investor rather than the big institutions which many stockbrokers are aimed at. The prices are cheap as a result but their is one slight problem. That is that trading is only done three times per day . They have a morning session , afternoon session and finally a closing session when you can deal but unfortunately ...

Gardenex 03.10.2000 · Read full review
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Cheap and Cheerful

Advantages: Cheap
Disadvantages: Limited trading oppurtunities

The Share Centre or share.co.uk as you might know it better as is unique within the on-line broker business, why? Because I have yet to find anywhere where you can deal for such a small commision. It costs just 2.50UKP to buy shares...you can buy just one if you want! and only 7.50UKP to sell. The shares are never actually yours, they are owned by the share centre in a proxy arrangement. The advantage of this is that you don't need to waste your ...
...settlements to be made on the day rather than waiting for settlements and paperwork in the post. Yes there are disadvantages. There are only 3 dealing times per day so if you want to take action as news hits the headlines then forget it. Also their server seems to get very busy as a dealing time draws closer. So if you're a high flying wheeler and dealer then this option isn't for you. However if you're a buy a few shares now and sell them in six ...

DrF 29.07.2000 · Read full review
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The Share Centre

Advantages: Great for beginners
Disadvantages: Some online technology pitfalls

Having contacted The Share Centre after seeing their advertisement in the Daily Express. You will find a number of benefits from this service. On enquiry, you will find that their sharedealing promotional leaflets are well written, clear and very concise. Share Centre says it offers one of the easiest and cheapest ways to buy and sell shares. If you are, as they say, "a dabbler" or a "dab hand" their intial information will inform you and make you ...
...no initial set-up fee was the winner for me. In fact, online you are able to "practice" without spending anymoney. This means you can learn how to use the system or try out new techniques or trading systems without having to spend a penny. Their leaflets Trading, Investing, Shares and their application form are easy to read and are a great resource, even if you use them to learn about sharedealing, without having to use their service. You can buy ...

prometheusradio 01.06.2007 · Read full review
Ciao members have rated this review on average: helpful
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Great service, low-cost, but look smalltime

Advantages: Low-Cost and Reliable. Great service and informative newsletters.
Disadvantages: They look like a 'home-business'

...I am very happy with the level of service, informative newsletters, regular balance sheets and most importantly, low-cost. I even received free shares when they floated! From only £2.50 (or 1% of transaction value), you can now execute real-time deals as well as the traditional batched deals. These prices are extremely competitive and I am yet to find anywhere else that can compete at the same level. Furthermore, the web-site is quick and functional, ...
...of their greatest features is the regular newsletters, covering many aspects of investments and often provides sound advice on stocks to watch for. However, the major downside to the Share-Centre is the presentation. Their marketing team must be non-existent, or stuck in the 70s. The website looks awful and is poorly laid out. The marketing literature looks like something from Readers Digest from the same period. Perhaps I am being unfair, but the ...

simonsta 01.02.2002 · Read full review
Ciao members have rated this review on average: helpful
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The Share Centre

Advantages: Low commision, easy to use
Disadvantages: Fixed dealing times

I have been using The Share Centre on-line service for about a year now. As I had never bought or sold shares before, I did a lot of research into various stockbrokers, shares, on-line facilities and so.. For a small time investor who is dealing in hundred's of pounds rather than thousand's the share centre offers a great starting point. The website is very easy to use, the commision is very small but most of all they have ambitions of floating ...

BigGip 14.08.2000 · Read full review
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good service for a share dealing novice

Advantages: cheap charges
Disadvantages: cant think of any

...of just leaving it in the bank gaining very little interest. i decided on the share centre primarily because of its low charges and it has been a good decision. i am far from a computer or shares expert but it was quite simple setting up an on-line real time trading account. on offer is also a free share advice line where you can speak to an advisor about what shares you are thinking about buying/selling which gives you an expert second opinion for ...
...you can only deal over the telephone for the next batch sale which is at 9am, 1pm, & 4pm but of course the price can vary between your telephone instruction and the deal time, but you can set your own limits on price etc. the best attraction is that you can buy shares in 'the share centre' which entitles you to a dealing discount which is credited to your account each quarter (3p per share held per quarter, 30% disc for internet, 15%disc for telephone). ...

branston5 18.08.2006 · Read full review
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Share Centre & Share Clubs

Advantages: Cheap Buying of Shares
Disadvantages: Not many, but selling is more than buying

Hello All, I am the treasurer of a small share club, 4 members, well all put £15 PM into a account at the Share Centre and we now have a portfolio of over £1200, and the share centres low deal charge of £2.50 is great, it's selling rate of 11.25 is not that good, but it helps when you are buying small amounts of shares!! Like most people I don't have loadsa cash to lose or risk!!! And the share centres online dealing is very good... free limits ...

chulland 16.08.2000 · Read full review
Ciao members have rated this review on average: somewhat helpful
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Pay for a quality service

Advantages: Cheap
Disadvantages: No real-time prices

Experience suggests that the Share Centre provides a useful service for small, first-time investors. However, as the stakes get higher you may be best off elsewhere unless the service improves. sharecentre.com provides the facility to buy and sell shares at extremely competitive prices (1% commission - minimum £2.50 ). However, the prices suddenly don't look so competitive when you're dealing in larger amounts (especially compared to the flat rate ...
...investor who;s testing the water you can't complain. The main drawback is that this is the only share dealing site I have come across that doesn't offer real-time dealing - a big drawback obviously). Instead the company deal three times a day and encourage you to set upper or lower limits when buying or selling. So effictively you never know exactly what price you're dealing at until you've dealt - risky business indeed, especially in today's volatile ...

andyc 07.06.2000 · Read full review
Ciao members have rated this review on average: somewhat helpful
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1-15 of 15 reviews


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