Help in Buying Shares.

[crazy_1201]

Hi basically I want to know how to buy shares in a company online and what websites people would recommend for online trading of shares which have low fees.

 

[pandemic]

It's pretty simple to buy shares, you sign up to a decent broker. Make sure you select the correct share, i.e. know your stock code. Know your costs; to buy shares you pay for the shares plus 0.5% stamp duty on the total cost of the shares and the brokers fee on top of that, when selling you don't pay stamp duty only the brokers fee.

To recommend a broker is difficult, as I'd need info as to whether your looking to trade in the short term or long term. How many companies stocks you'll be buying and how quickly you want to sell them, etc. Personally, I don't mind paying a little extra on the brokers fee. A lot of the cheap brokers only buy/sell at certain times of the day or week, which is no good if you want the price listed at the time.

 

[Ian J]

Have you tried your own bank as I use First Direct

 

[whatsupdoc]

Also use First Direct sharedealing service and find it very easy and efficient.

Sometimes the shares don't perform too well though.

 

[booyaka]

i use

Free Portfolio, Share dealing, ISAs, PEPs, SIPPs, CFDs, Spread betting - Interactive Investor

£10 a trade (plus 0.5% stamp duty), no annual fees or costs and no cost to sell them