Hi ,

Searching through the forum still can't find a threat to read about online brokers , i do feel it's necessary to try and find the best available for a new investor , i think and from my own baisc serch there are two worth looking into share.com and halifax share builder what do you guys think ?

I'm still at the very first step to find a broker for UK,US shares , any sugestions !

Thanks

I started out very much in the same predicament as you but I ended up chosing E*Trade. I'll be honest and say that I use them for the price (currently paying £4.95 per trade) I honestly believe £10 per trade is ridiculous and the sharebuilders out there are pretty pointless given the rules that come with them.

Thanks for your reply , it seems that it aLL depends on the amount of trade you do per mounth ,an example that share.com uses below that i use will show the difference between them two brokers :

Want to buy shares of ABC, can be bought for 100p each and you want to invest £500 Stamp duty 0.5%of the purchase value and dealing commission on the standard tariff is 1% , min. of £2.5

Cost of the shares £492 (492shares at 100p)
Stamp duty £2.46 (£492x0.5%)

Total coast £499.38

Halifax: £1.5 buying
£11.95 selling
No admin fees

Share.com:£2.5 buying
£7.5 selling
Real time: £7.5
Quarterly charge of £3

any more suggestions on how E-trade would fit into this and any other broker that deals on line to try and come to a conclusion which broker is better off to start with ? and why does it coast less if you were based in US and trading on line with US broker !