Who is Self Trade?
~~~~~~~~~~~~~
Self Trade is an online stock broker that helps and enables you to invest in stocks/shares and ISAs. SELF trade is part of The DAB - SELF trade Group - the largest European e-broking group.
Why did I choose Self Trade?
~~~~~~~~~~~~~~~~~~~~~
Well ... Read review
Advantages: able to share deal online Disadvantages: none so far
...most used 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!!!!!!)
Self Trade is an online stock broker that helps and enables you to invest in stocks/shares and ISAs. SELF trade is part of The DAB - SELF trade Group - the largest European e-broking group.
Why did I choose Self Trade? ~~~~~~~~~~~~~~~~~~~~~
Well basically so I could collect 50 ipoints for registering and 150 ipoints for my first trade!!!!!
I clicked onto their website from the link on the ipoints site and decided that they seemed genuine and reasonable and decided to go ahead and register.
How do I register? ~~~~~~~~~~~~
Registration is easy just click on 'Register Now', this takes you to the registration form - which bewarned is somewhat lengthy! Firstly you must choose which sor t of account you want (either Trading Only or Trading Plus ISA Account), Personal Details, Bank Details, Additional Info, Rewards Scheme, Confirmation, Terms and Conditions and finally Process Complete!!! After registration within 2/3 days you will receive confirmation to inform you of your account no. and that you may start to trade.
How do I trade? ~~~~~~~~~~~
Trading is easy (if I can do it so can you!) basically you have to put money into your online account and when your ready just purchase the shares that you require. I normally just enter money into my account using a switch card within 24 hours the money is there and ready to use!! I will update at the relevant time once I have sold some shares using Self Trade but at the time of writing this I have only bought shares(!!).
How much does it cost? ~~~~~~~~~~~~~~~~
It costs nothing to register and Self Trade currently runs a set fee of £12.50 for all trades. I feel that this is very reasonable and being standard you can work out exactly what the total cost will be.
How do I keep a track of my investments? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
By logging onto Self Trade and going into your portfolio summery, this will show you all your trades : how much you have in your account, how much you've traded, quote prices and anything else you need to know!!!!!
Self Trade offer numerous tools and references to help you with your trades the best ones I have found to be:
Broker Recommendations ~~~~~~~~~~~~~~~~~~
Broker recommendations give you access to what some of the largest investment banks in the world think about the stocks you hold or are interested in, always worth a read!!
Investment Ideas ~~~~~~~~~~~~
Major tips from the newspapers and investment magazines including what shares to buy, keep or sell, including comments on what the company is doing to help you with your choice.
Best/Worst Performers ~~~~~~~~~~~~~~~~
Funnily enough (!!) this shows the best and worst perfomers on either the FTSE 100, FTSE 250 or AIM. From here you can actually click onto a link to a graph which shows the company's performance over either the last 3 months, 1 year or 3 years.
Self Invest ~~~~~~~~
Another useful tool this helps you to study the shares that you maybe interested in further. Either choose a sector or theme that you want to study or just click continue for all sectors. You can then :
evaluate: for each stock a page that details performance graphing against an index, market capitalisation, volume traded, volatility and news features.
alternatives: if you decide that the stock is not a good pick, you can keep getting alternatives until you find a share you like. You can rank your picks versus the sector or the wider market on the ranking page.
consult the analysts: still think that you have selected a potential winner? then you can help confirm your choice by consulting the analysts. Using data from IBES, the validate page gives you the consensus view of the analysts employed by investments banks, including P/E ratios and EPS figures.
watch list: monitor the performance of choosen stocks more closely by adding to your watch list.
These are the main and most used 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!!!!!!)
Advantages: Simple, informative, reliable... Disadvantages: UK 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 you ... ...phone the lovely people at SelfTrade for an instant quote if you have any misgivings. Simple.
Now all you need to do is press the buy key. Of the £1,000,000 you have it’s going to cost you £12.50 for this investment and then you are going to be charged stamp duty – so you need to keep some cash back for that. I have never really understood how this works so lets keep £20,000 back for it. That means you want 183,000 shares in Galen at the quoted ...
Kirsty1 10.12.2002
· Read full review
Ciao members have rated this review on average: very helpful Review of Selftrade
Advantages: Childsplay to navigate and a mine of essential info Disadvantages: Don'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 to ... ...data, charts, up-to-date news I've ever wished for - all on a single click on my "favourites" list, with enabling downloads taking up a paltry 2kb of my Disk space! With every world market covered you can cancel your subscription to the FT.
Without becoming a client, you can set up and track your own real or notional portfolio of shares, with simple icons taking you to sophisticated charts of performance over the current day or over your choice ...
soko 09.03.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Selftrade
Advantages: cheap trades, good information Disadvantages: sometimes 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. ...
nigelpm 08.07.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Selftrade
Advantages: Clear pricing structure, good introductory offer Disadvantages: Not 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 ... ...in amounts above £1250 with Selftrade dealing becomes cheaper.
For the amount I trade in the scheme makes a negligible amount of difference but recently I have been trading less so Selftrade made sense. All accounts are however what are referred to as nominee account meaning Selftrade holds the shares in its name for you. While this allows you to buy and sell on the same day you won’t receive the share certificate and literature that the company ...
Briz_Hatchings 16.10.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Selftrade
Advantages: Cheap commission; easy to trade online. Efficient service. Disadvantages: No "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. ... ...quoted price. I quickly telephoned Selftrade as I could not believe such a discrepancy between the two system prices. They were very helpful, and admitted that it seemed an odd situation. The next day they telephoned me and told me that my account would be credited with the difference, so in effect I received the quoted price to sell. Full credit to Selftrade, for not trying to argue with and upset a customer.
The only other problem, which affects ...
RippedoffPete 24.03.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Selftrade
Competitiveness of char...
Coverage of national/in...
Online - Content/organi...
Online - Reliability/sp...
Online - Ease of applyi...
Online - Investment tra...
Similar reviews »
Reviews which might be of interest for "Selftrade"
Advantages: Great service Disadvantages: No longer trading
Like most of your other reviewers I was always happy with the services provided by Comdirect but they no longer exist! I don't know exact dates but it must be at least 2 years ago when they became Squaregain and then were subsequently subsumed into Selftrade. Since moving to Selftrade services have continued much along the same lines although I have noticed a drop in standards when it comes to doing anything that is slightly out of the ordinary. For example I recently had to transfer some stock into my Dealing account from France and the transaction took 8 weeks to complete. Although many of the problems eminated from the transferring broker, it proved very difficult to get anyone in Selftrade to own the problem. I will cover these points in a separate review for Selftrade. Meanwhile it is misleading keeping this Comdirect entry in your ...
HBSIan 30.12.2006
· Read full review
Ciao members have rated this review on average: helpful Review of Comdirect
I transferred from selftrade to comdirect some months ago and feel they offer a much more comprehensive service than selftrade. The're fee structure is comparable to selftrade and choice of funds available to invest are more substantial. Customer services are quick and efficient - taking minimal time to deal with queries. However, their website layout and links could be improved. In comparision to other sharedealers they're cost for trades is very competitive and the fees associated with using their account is less than ten pounds per quarter. There also offer a range of other services which is developing all the time. I'd certainly recommended them if your new to the sharedealing game. So why not take a look and see what you think ...
foot 07.08.2001
· Read full review
Ciao members have rated this review on average: helpful Review of Comdirect
Advantages: ease of use, simple to set up, good value Disadvantages: slow website, a little basic for some
I've been using Halifax Sharexpress for over a year now, and so far have found it be the best service I've used.
The website itself is a bit slow, but its very user friendly and always has the most used links down the ledthand side. I have never had any problems with the service, they have always done what they say they will. I have other accounts with companies like Selftrade and DJL, but find they are more cluttered and disjointed to use.
I would also strongly recomend Halifax on their customer support. When I have spoken to people on the phone they are very helpful and whats more you can actually get through! ...
