I have been trading with Stocktrade for a few weeks now and find it acceptable. If you are moving from holding your own certificates to letting Stocktrade transfer them into a Crest Account then you could find the first few weeks annoying as this is how long it takes to get them transferred ... Read review
Advantages: Portfolio, track 15 shares with realtime prices, Disadvantages: PC Application very basic, dealing costs, office hour trading
I have been trading with Stocktrade for a few weeks now and find it acceptable. If you are moving from holding your own certificates to letting Stocktrade transfer them into a Crest Account then you could find the first few weeks annoying as this is how long it takes to get them transferred into the Crest Account. Once they have been transferred thenselling them or viewing your portfolio is easy. The downside of the Portfolio is that it only shows ... ...include charges in the valuations. This can be confusing if you are going to sell as you need to consider the additional costs (brokerage and levy).
You can get real time prices for upto 15 shares that you are tracking and can get quotes on any FTSE and AIM shares.
Trading can only take place during office hours and if you sign up for an internet account they apparently will not let you deal by phone.
I have been trading with Stocktrade for a few weeks now and find it acceptable. If you are moving from holding your own certificates to letting Stocktrade transfer them into a Crest Account then you could find the first few weeks annoying as this is how long it takes to get them transferred into the Crest Account. Once they have been transferred thenselling them or viewing your portfolio is easy. The downside of the Portfolio is that it only shows the shares at the price you paid, it does not include charges in the valuations. This can be confusing if you are going to sell as you need to consider the additional costs (brokerage and levy).
You can get real time prices for upto 15 shares that you are tracking and can get quotes on any FTSE and AIM shares.
Trading can only take place during office hours and if you sign up for an internet account they apparently will not let you deal by phone.
You also have to have Cash in the account to be able to buy shares and settlement is within 1 day although you can buy shares with your proceeds immediatley after a share sale.
The dealing costs are £14.50 minimum or 0.4% upto £50.00 maximum. If you do more than 50 trades a year the rate drops to 0.2%.
More than 2 deals a month gives you access to their Knowledge base which gives you graphs, news etc - this is free from other sites, Motleyfool etc.
Advantages: instant purchase/selling Disadvantages: have to have cleared funds in account
...for different situations. I use Stocktrade mainly for daytrading. The system can be quite slow to load as it uses applets sometimes it even fails to start. When it does go the interface is fairly simple to use but does take a little bit of getting used to. The best feature of the Stocktrade account is the ability to buy and sell shares on the same day - instant settlement. When you open an account with stocktrade you also open an account with CREST ... ...- you can also use Stocktrade as a regular dealing account. Unlike some of the other stockbrokers Stocktrade will only let you purchase shares if you have money in your dealing account. All in all a good all round broker. I use them as a backup to my main brokers and, as I said, for daytrading. Trades cost £14.50 each. ...
paulchapman 10.09.2001
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Ciao members have rated this review on average: helpful Review of Stocktrade
Advantages: Everything you need is instant. Disadvantages: Only u.k. companies
I started to use Stocktrade when i won an online competition. I received £1000 to spend on stocks and shares and 3 months free trading with stocktrade. From the very start I found all the staff and managers very helpful. The whole site was very easy to navigate and to buy and sell shares was never a problem and instant. I have stayed with Stocktrade, even though my 3 free months are up and will as long as I can.I havent had to pay any monthly subcription ...
spiderannie 12.12.2000
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Ciao members have rated this review on average: helpful Review of Stocktrade
Advantages: Crest account, fast telephone response. Disadvantages: Can't combine phone and web accounts.
I've been using Stocktrade as my broker for about a year, and I'm pretty satisfied. They have a good all-round service at reasonable commission, and are quick to respond.
They have a Crest account facility, which means that for most UK shares (and soon European) you get all the advantages of holding certificates (you are the registered shareholder), without the hassle of sending certificates back and forth.
They have both online web-based and telephone ... ...response system. I use the telephone service, since I can call them on my mobile from anywhere at anytime without having to find an internet computer. Unfortunately they can't combine the telephone and web trading accounts. The telephone services have an 0845 local call rate number, but they also publish the geographical (Edinburgh) number for use from overseas, or from some telephone services (e.g. Eurobell, see other opinion) where this is cheaper.
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AlexM 02.08.2000
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Advantages: Shares held in own name, competitive dealing commissions, reliable service, no share certificates. Disadvantages: Lack of flexibility, cannot be combined with Internet service.
I have been buying shares now for 18 years and Stocktrade is the broker I have used most often over the past two years. My principle reason for choosing Stocktrade was that they are one of the few execution only stockbrokers that offer Crest sponsored membership at a reasonable price. This guarantees that:
1. I own the shares if Stocktrade went bust.
2. I receive all shareholder information such as annual reports, details of takeovers, rights issues etc.
3. I receive shareholder perks such as money off vouchers, diaries, holiday discounts etc.
4. I can trade as easily as with a nominee account. I.e. there are no delays in posting share certificates.
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David0 27.08.2001
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Ciao members have rated this review on average: very helpful Review of Stocktrade
Advantages: Good range of features, especially alerts Disadvantages: Some features can be hard to find
Interactive Investor International is a site that, while being primarily focussed on share dealing, does also include some information on other financial areas, such as ISAs, mortgages, credit cards, investment trusts, pensions & tax. Basic share price information, delayed 15 minutes, is available free, but for a small monthly subscription you can get real time prices.
Other facilities available for free include online trading, via link ups with stockbrokers James Brearley and Stocktrade. Much supporting information is available, from frequent market news, to historical price graphs, lists of recent trades, summaries of Broker research (more detail by subscription), and the unique "Prospector" - an automatically calculated table which gives profit for a range of anticipated price movements, together with a graph of historic prices ...
