The Share Centre

The Share Centre

The Best Online Broker (Ciao Hitlist)

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 ... Read review

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Reviews of The Share Centre »

1-5 of 15 reviews of The Share Centre Show all reviews

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, ...
...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 ... more

mandyhaley 05.06.2001
Ciao members have rated this review on average: very helpful
Review of The Share Centre

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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
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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
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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
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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
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Advantages: reputation
Disadvantages: low price at the moment

I have recently come across this Investment Trust after reading about it in the Share Centre Magazine. When I first saw the trust it was around 140p but it has come down nearly 20p recently. It has undergone a wholesale change issueing a lot more shares and it is changing the interest payment. After next April (2001) the interest will be paid out every month. I have been in touch with the people at Aberdeen they always seem as though they want to speak to you, offer good products and able to send you information. I am therefore, waiting to see how this company does and wheether it is a good place to put my savings. Update What a disaster the Company has fallen in less than a year from £1.40 to 2pence a share at the moment I believe the dividend is suspended and like the rest of Aberdeen's split investment trusts is teetering ...

detla5 07.12.2000 (06.05.2002) · Read full review
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Invest your cash in shares not commission

Advantages: Price - you know what it will be and very good value
Disadvantages: Very plain, no-frills site

Selftrade, cheap, cheerful, easy to use, but is it worth it ? Well, as someone who has in the past dealt with all the following - Barclays Online Charles Schwab (Telephone) The Share Centre (Telephone) Harreaves Landsdowne (Telephone) Nationwide (Telephone) Nothing Ventured (Internet) I think I can safely say that as 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 (OK, if you deal in realy small amounts someone might do it ...

IainCMartin 21.03.2001 · Read full review
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Best bank.com available

Advantages: Best Internet Bank available
Disadvantages: Site can be slow

for logging out of the website to ensure that your account is logged out. So that is the main account holders section, if you go back to the homepage you can visit many places in First Direct from the Share Centre to the Travel Centre where you can arrange all your holiday money and even travel insurance. You can also arrange home insurance car insurance, open pensions and take out investments and ISA’s the list is endless. Altogether First Direct have one of the most fantastic and easy to use websites available, it is intended solely for customer to use in the UK, as using it from abroad could be breaking the regulations of that country, so always ensure that you do your banking before you go, if you have to do anything while you are away pick up the phone it is also 24/7/365. I have been a customer now for 6 years and have ...

Squidget 08.02.2001 · Read full review
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