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
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Ciao members have rated this review on average: helpful Review of Comdirect
Advantages: easy to use site, prompt service, very helpfull call centre Disadvantages: changed name to squaregain
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The homepage has five main sub menus.
From where you enter your account.
The next lists services available, here you can download a fact sheet showing services and charges.
The third is "market focus" this is a very usefull resource centre where you can set up watchlists , draw graphs, and get company and fund information.
The fourth is news , both rns and afx services
And the last is an education centre very useful for new users.
Squaregain has, like many others, a flat charge for all deals on all uk stocks and international stocks in 18 markets.
At £12.50 it is not the cheapest or most expensive, but is one of the more visable companies when it comes to hidden charges, most of which apply to PEP/ISA accounts. In fact there are no charges for dividend collection, no annual or inactivity fees.
One feature I particularly like is no dealing ...
getscenic 27.03.2006
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Ciao members have rated this review on average: helpful Review of Comdirect
Advantages: Cheap products, easy to invest in, good dividend yield, unlike shares in a company will never go bust Disadvantages: Index concentrated in 10 companies meaning more risk, not for ethical investors, sensitive to oil prices
revised throughout the day like a share in a real company. For this reason ETF's are a much more flexible way to invest in the FTSE 100 than unit trusts/OEICS. If you want to buy shares in an ETF you need to have a stockbroker, preferably an online broker like Squaregain (formerly known as Comdirect). I use Squaregain and I can highly recommend them. ETF's are more of a traders tool, I don't think they are suitable for someone who wants to save between £50 to £200 a month as the dealing costs would have more of an impact on your investment. The minimum I personally invest in ETF's with every trade is £500, but I think you can go as low as £250 without dealing costs having too much of an impact.
ETF's are relatively new to the UK; the first ETF the iFTSE 100 was launched in the year 2000. The company responsible for ETF's in the UK is ...
gorvifal3 22.10.2005
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Ciao members have rated this review on average: very helpful Review of FTSE 100
