Share Trading Broker Rating Overview

Broker Name*

Rating

Cost

Admin Fee

Read Review

Hargreaves Lansdown£19.95£0Hargreaves Lansdown Review  

commission starts at £9.95 depending on the trading amount, average commission is £19.95

Lloyds TSB£15£0Lloyds TSB Review  

£15.00 per trade for the first 12 trades, £11.50 per trade thereafter every calendar quarter

Royal Bank of Scotland£15£0Royal Bank of Scotland Review  

£15 a trade flat fee, accounts must be opened in a branch

Alliance Trust£12.5£0Alliance Trust Review  

£12.50 flat fee

Smile Invest£12.5£0Smile Invest Review  

£12.50 flat fee

Virgin Money£12.5£2.5Virgin Money Review  

£12.50 a trade (with a quarterly fee of £2.50 plus VAT, which is waived every quarter you trade in), £7.50 a trade + £75 a year for active traders

SelfTrade£12.5£35SelfTrade Review  

£12.50 per online trade, £17.50 per phone trade. In addition they charge £35+VAT a year management fee. Make sure you understand the costs and fees before opening an account.


* - Unless stated otherwise, all listed brokers are authorised and regulated by the FSA.

Share Dealing firms (Stockbrokers), like CFD companies, charge a commission for every trade. They usually apply fixed commission per trade, important thing to notice here is that stockbrokers usually have special commissions (lower commissions) for active traders (please refer to notes for active trader commission). Online discount stockbrokers charge very low commission and it is difficult to find a share dealing firm with excellent customer service, it really varies between companies. Above is the list of discount share dealing companies ordered by their customer rating.