Are you prepared to buy and sell shares yourself? Are you prepared to invest in your opinion, not someone else's? Do you want a Stocks & Share ISA without all those nasty charges? ....then idealing may just be ideal for you!! (www.idealing.com.)
I was doing some research recently on how ... Read review
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Advantages: Easy, low cost online share trading. Disadvantages: None discovered to date
...all those nasty charges? ....then idealing may just be ideal for you!! (www.idealing.com.)
I was doing some research recently on how I could put my little portfolio of shares into an ISA so that the tax man couldn’t get at my profits (if its possible to make any in this market!) The fruits of my research led me to idealing.com. This is an online broker where you can buy or sell shares for only £10 per trade. Now you can also name the price you want ... ...rest for you for only another £2.50 per trade! It's amazing to think that while you're busy dealing with the trials and tribulations of everyday life, your computer might be buying or selling for you!! The ISA wrapper costs only £5 per quarter, which is the cheapest I found in my research. The other bonus is that whilst your money is in cash they give you a generous 3% per annum. There are no nasty charges when you want your money back either. They ...
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Advantages: quick and cheap Disadvantages: worries about security
...sites contain waffle that one has to sift through before getting down to the nitty gritty. What is more, idealing currenlty offers a fixed charge of £10 for evry trade, irrespective of size, which is a major bonus in comparison to a lot of other stockbrokers. Application is easy ! ...
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Advantages: Speed of access. Price of dealing Disadvantages: Limited share selection (2,000+). No option trades.
The first attraction of openning an account was cheap, that should not neccessarily be yours!
This site is lightening fast. It has to be one of the fastest sites of any kind on the net!
Setting up an account was not too traumatic, allow about 10 days to set up an account and pay some money in, minimum 500 GBP.
You can add to your account by direct banking transfer if you have an account, BUT, ensure you transfer money from the same account as ... ...This is definately a no frills service, no info on stocks, you have to seek that information on other sites, but you visit they anyway don't you?
Shares are held in a nominee account, if you want share certificates then you will have to pay an additional fee 5 GBP to have them transfered into your name and posted on.
Certainly a no frills site that may not appeal to everyone but it appeals to me.
Would I recommend it. Yep. Cheap, no frills and ...
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Ciao members have rated this review on average very helpful
Advantages: Its the cheapest in the UK Disadvantages: Poor portfolio tracking, no frills
I have been with iDealing for 2 months now and have moved the majority of my share business to it, from a traditional broker ( Charles Schwab ). I would recommend it to anyone wanting a plain share dealing who has other investment tools from other sites.
iDealing makes a big thing of being cheap and fast. They have very few graphics on their pages, they provide no investment advice, no research, no news, no graphs, no links to other sites etc. etc. ... ...leveraged dealing or limits then iDealing isn't for you. In summary, I would advise anyone who wants to deal online, use iDealing but get your prices and info from iii or ukinvest or any of the other info sites.
I've not had any problems with service outages, rouge prices or inability to deal, and I deal most days. ...
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Advantages: Non above other providers Disadvantages: No customer service phone, £60 charge to close account. Hard to withdraw YOUR money.
I have decided NOT to open an account with this company. WHY? Well see if you can find a phone number to talk to them directly about any problems or questions you may have. I couldn't! An email reply that took 8 hours to receive told me they would give me a number for their traders room WHEN I had opened an account. Would you buy a car without seeing it first? ( And this line is to traders only .... it is NOT a customer help line, this still has ... ...with them to open an account. If you decide their service is not for you they will charge you £60 for closing the account!!! Would you hand over £60 to test drive that car you may not want?
If you want to withdraw your own hard earned money from their account you need to download and fill in a form, then post it to them, then wait. How quaint in an modern world. I thought the point of electronic internet trading was to speed things up, not step ...
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