Online Share Dealing Broker Table

Online share dealing services operate on an 'execution only' basis. This means you are not being given advice by the stockbroker on what you are buying or selling and are responsible for your trading decisions.

With an online broker you can:

• Manage your shares and portfolio online at any time of the day
• Deal with your shares from anywhere in the world
• Trade with real time share quotes

The table below gives examples of Online Brokers and their charges.

Online Brokers	Dealing Commission Examples:			Admin Charges/Notes	Apply
	£1000	£5000	£25000
	£12.50	£12.50	£12.50	No annual fee or other charges
	£8.50	£8.50	£8.50	£8.50 (+VAT) per month
	£15.00	£15.00	£15.00	£2.50 charge per account per quarter if no activity in past 3 months
Barclays MarketMaster	£12.00	£12.00	£12.00	First 10 deals a quarter £12, thereafter £7.50; if no deals, £9 +VAT/quarter
E*trade Classic	£8.95	£8.95	£8.95	First 30 deals a quarter £8.95, thereafter £6.95; no inactivity fee (unless fewer than 2 trades within 6 months)
Halifax Share Dealing	£11.95	£11.95	£11.95	Online sell at £5 if value of deal is less than £250
Hargreaves Lansdown Vantage Share Account	£14.95	£24.95	£29.95	No management fee
Hargreaves Lansdown Vantage "Active Trader Share Account"	£9.95	£9.95	£9.95	£12.50 a quarter management fee
NatWest Stockbrokers	£15.00	£15.00	£25.00	£15 extra charge for certificate sales; £15 +VAT Crest fee; no inactivity fee
Saga Share Direct	£11.50	£11.50	£11.50	First 6 deals a quarter £11.50, thereafter £9.75; no annual fee
TD Waterhouse	£12.50	£12.50	£12.50	Frequent trader rates available; inactivity fee of £10 +VAT/quarter
Virgin Money	£12.50	£12.50	£12.50	£2.50/quarter inactivity fee

Updated April 2008
This does not provide a full guide to the whole market

^† Provided by The Share Centre Ltd.