Does anyone do this? If so, is it easy to do and who offers the service? I want to trade some stocks on margin but doesnt seem to be any mention of this in any of the major UK share dealing brokers.

When I buy shares I am buying thinking "these are gonna be worth more in 2-3 years time" but i find the short term movements hard to predict. The stop loss kicks in. Wanted to use say 5 grand of shares as collateral to buy another 5 grand of shares on margin and perhaps pay 7-8% apr on the shares I have bought on margin.

capt

You'll not find what you want I believe. Marging trading on shares is only cost-effective for a coupld of months or so, given the overnight borrow rates charged.

If you really want to do what you say, then you take a cheap bank loan. Having said that, nobody should borrow to trade/invest. The old saying is that you should only use what you can afford to lose, etc, etc.

Stick to the account size you have IMO. If you can pick 'em, your protfolio will be worth twice the size in 2-3 years anyway. ;-)))

Al,

Cheers for the advice. You're probably right.