Kivver
- 29 Apr 2006 10:04
Would you please help me come up with definitive Very Best Stockbroker. It would certainly help us and newbies to investing/trading, looking for the best site and deal. Hopefully the stockbrokers themselves will realalise they have to provide the very best and competitive service if they are going to keep their customers. What are we looking for????
A) costs for buying and selling
B) ease of use of the internet site and phone service
C) ease of putting in and taking out money
D) how does the site record your dealings?? paper profit made/loss
E) how quickly and what kind of deal does your broker get from the MM's
F) how quickly is the money made from a sell deal put back into your account
G) any other charges ie quarterly, inactivity fee??
H) do you get real-time prices wanting to do a deal
I) when you have the price do you have a time delay to have time to weigh up the deal before proceeding?
J) what kind of service do you get from the team if there is a problem.
K) what do the brokers do with your dividends
Have i missed out important things??? Facts and figures would be much appreciated. Cheers in advance everyone.
Stan
- 09 Sep 2007 16:50
- 31 of 38
"Can anyone give information on brokers who routinely quote prices inside the spread?"
Haven't traded in the last couple of months but I kicked Selftrade and iDealing into touch and moved all over to Barclay's about a year ago, usually get inside the spread on Fts 100
Companies.
Quantity also better then S/Trade and iDealing.
Harry Peterson
- 09 Sep 2007 17:37
- 32 of 38
When you say "Quantity" Stan - just how much are we talking about?? For instance, could I readily trade, say, 50,000 online for a FTSE100 company ...and inside the spread????
Stan
- 09 Sep 2007 17:54
- 33 of 38
Generally yes. Which is not to say every time.
I got sick and tired of the Selftrade's amounts going down and down, I asked around and Barclay's were one that I had not tried.
Took ages to change over but must say there platform does work relativly well and I don't regret going with Barclay's.
Harry Peterson
- 09 Sep 2007 22:55
- 34 of 38
Thanks Stan. Will take a look at that one.
Anyone know an online broker where you get more than 15 seconds to decide on the trade???
bristlelad
- 10 Sep 2007 19:57
- 35 of 38
HI Stan must agree(regarding BARCLAYS)ICHANGE OVER A couple a years ago NO PRODLEMS EVEN CAN GET MONEY OUT WHEN I WANT IT/////////
jamboree joe
- 17 Sep 2007 22:37
- 36 of 38
Would be interested to know if anyone can follow up on HP's post (see post 34) as I too would like to know if it's possible to get more than a 15 second trade time.
JJ.
Stan
- 17 Sep 2007 23:05
- 37 of 38
Tried most of the Brokers over the years and 15 seconds has been standard.
e t
- 18 Sep 2007 11:00
- 38 of 38
The one broker to avoid at the moment is Hoodless Brennan. I'm with them and haven't been able to do a thing online today at all. The established site repeatedly logs you out and isn't quoting buy-sell prices whilst the newly designed site is deducting stamp duty for shares that are actually stamp duty exempt. It is absolutely frustrating and if you're looking for something reliable I'd look elsewhere!