Compare Share Dealing Accounts

Compare share dealing accounts for cheaper investing

IG »	Buy & trade over 17,000+ shares online. FX conversion fee of just 0.5%. Invest from £1 Features: Easy to use platform. Demo account. Speak to other traders. Award winning trading app.	Go to website »
IG offer exclusive out of hours giving access to 70+ shares when the market is closed. 313,000+ clients worldwide. FCA Regulated. Capital at risk. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Barclays »	Trade UK & International shares for £6. No charge for fund trades Features: One simple customer fee of 0.25% p.a. 8,000+ investments to choose from.	Go to website »
Barclays gives you the investment choice and research tools you need to grow your money. Over 300,000 people have used our award winning service, expert insights and resources to help work towards their financial goals. Voted Best Stockbroker at the Online Money Awards 2023. Capital at risk.
XTB »	Invest in real stocks with 0% commission*. Over 5300 instruments… Features: XTB is one of the largest stock exchange-listed FX brokers in the world with 720,000+ customers and over 20 years of activity in the financial markets. Capital at Risk Earn 5.2% interest rate per annum on uninvested GBP	Go to website »
World class trading platform: Easy to use, fully customisable, superior execution speeds, performance statistics. Applying for an account is quick and easy with a secure online form, and you could be trading within minutes. Wide range of instruments -forex, indices, commodities, shares and ETF’s. Multilingual customer support team is ready to help you – 24h hours a day from Monday to Friday. *For monthly turnover up to 100,000 EUR (then comm. 0.2%, min. 10 EUR). Capital at risk
Interactive Investor »	Join today & get £50 FREE trading credit (T&Cs apply). More than 40,000 UK & international investment options Invest from £1 Features: Flat fee plan starts from £4.99 pm No trading fees when you top up monthly with the ii regular investing service. The best things in life are free trades! Get £50 worth of free trades when you open an ii Trading Account before 31 August. Capital at risk. T&Cs apply. New customers only	Go to website »
Trusted by over 400,000 people. Fully FSCS protected. ADVFN Winner 2022 “Best Low Cost Stockbroker”. Capital at risk.
InvestEngine »	Choice of 700 low cost ETF Funds Invest from £100 Features: No buying or selling fees. Choose either commission free DIY investing, or an actively managed portfolio (0.25% charge annually). Powerful automation. Easy diversification. ETFs costs apply SPECIAL OFFER: Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine (Capital at risk, Ts&Cs apply).	Go to website »
The InvestEngine offers investors a low cost ETF investment platform. Build your own portfolio commission free or leave it to their experts for just 0.25%. Build your own low cost portfolio using managers such as Vanguard, iShares & Invesco. FSCS protected. Capital at risk.
AJ Bell »	Choose from over 2,000 funds From £25 per month Features: Low cost ISA. Multi-award winning ISA provider. Trade from: £1.50 Funds £5.00 Shares, ETFs, investment trusts and gilts and bonds £3.50 Frequent shares dealing charge	Go to website »
Trusted by over 1.5 million people. FSCS protected. Capital at risk. Other charges may apply. No subscription required
Freetrade »	Invest in over 6,100+ US, UK & EU stocks & ETFs commission-free Features: Start with £2 investment. Superb app design and transparent account charges. Great for beginners and experienced investors alike	Go to website »
Mobile app – manage your portfolio on the move. FSCS protected. Capital at risk.
HL »	Access over 3,000 funds. UK & Overseas shares. Invest from £100 or £25 pm Features: Live share prices. Award winning services.	Go to website »
Hargreaves Lansdown is the UK’s No 1 platform for private investors trusted by over 1.6 million customers. Capital at risk.
Saxo »	Access to 70,000+ instruments, smart trading tools & market insights Investment platform for different needs and experience levels	Go to website »
Saxo serve clients in 170 countries, hold 70+ bn GBP in assets under management & process 1m transactions daily. FCA regulated. Capital at risk.
Lightyear »	Buy & trade over 3500+ UK, EU and US stocks with low 0.35% currency conversion. Features: Say goodbye to high minimums and barriers to entry. Introducing the high interest vaults offer: – Interest rate: 5.21% APY on GBP, 3.83% APY on EUR, 5.39% APY on USD – Pricing: 0.25% total fees for all deposit sizes – Minimum amount: £1, €1, $1 – Maximum amount: No limit Capital at Risk	Go to website »
Multi-currency investing, your money goes even further without the constant foreign exchange fees. Deposit, hold and invest in international stock markets in EUR, GBP and USD — all under one roof. Shares have a low, transparent execution cost. Investing in your local ETFs is completely free of Lightyear fee (other fees may apply). Earn interest on uninvested cash. Access live news feeds about the stocks you own, as well as professional analyst ratings & price targets. Lightyear is now live on web and has launched earnings calls audios. Capital at Risk. We, Fair Investment Company, will be paid a referral fee if you open an account and deposit funds through some of the links on this page. This includes financial promotion.

How do you pick a share dealing account?

Share dealing account services offered vary widely, and so do the costs.

4 things to think about:

1. Do you want to do a lot of share dealing?

Active investors will want to look for a platform that offers the lowest fees for volume trades.

If you are going to deal stock regularly, most share dealing platforms will offer lower trading prices based on volume.

2. Types of share trading accounts

Some share dealing platforms offer as well as general trading accounts, ISA accounts and Self-Invested Personal Pension Accounts, which offer tax-free trading benefits (no tax on dividends or capital gains tax on realised profit).

Accounts which offer ISA and SIPP accounts include Interactive Investor, AJ Bell, Hargreaves Lansdown and IG

3. Do you want to deal just in shares, funds, or shares & funds?

If you are also interested in investing in funds, then this again may determine who you go with.

If you are interested in ETFs, Investment Trusts, Open Ended Investment Companies (OEICs) or Unit Trusts, then you will need to check with the platform provider what is available. E.g. Some platforms only offer a limited number of collectives, such as OEICs.

The charging structure for funds held on the platform will vary. Over time, the impact of such charges can be significant. Check the platform charging structure carefully.

4. How easy is this share trading platform to use? What kind of tools and customer service does it offer?

How easy is the platform to use to buy and sell shares?

Platform functionality is becoming the key battleground in persuading people which platform to go for.

Mobile app features are also key in offering alerts and buy/sell signals whilst on the move.

These are often the criteria that count most highly with users, so do some research and read the reviews.

Many investors are prepared to pay a bit more in fees for a platform that offers really useful apps and services.