brokers

Empowering the DIY Investor

An ever increasing number of people are taking control of their financial affairs and online platform technology is the enabler, delivering levels of sophistication that were once the preserve of City professionals at affordable prices.

Investors can research companies, create watch lists, select an account type, trade on countless international exchanges at the click of a mouse, and build and monitor a diverse portfolio of investments – often at a cost of just a few pounds a month.

Options ranging from equity execution only (XO) brokers through to those offering far greater choice in terms of investments and available support.

Direct to consumer (D2C) platforms vary greatly so it is important to find the best combination of functionality and price for your individual requirements.

Selecting a DIY Online Broker

Selecting an Online Broker

 

Internet technology has revolutionised personal investing, bringing information, data and trading technology to a mass audience.

Now the DIY investor is accustomed to the ability to research companies, buy and sell investments on a computer or mobile device in markets around the world and be able to monitor the performance of their portfolio in real time.

Online stockbrokers have been around for a decade and a half now and there are a number of things to consider when selecting the right one for your personal circumstances and the financial instruments you wish to trade.

Terms used to describe the various types of platform such as ‘execution-only (XO) stockbroker’, ‘fund supermarket’, ‘discount broker’, ‘wrap platform’, ‘direct to consumer (D2C) platform’ are often used interchangeably, but the common threads are the ability for an individual to open a personal account or accounts, and trade and monitor their own investments.

 

online broker

 

 

 

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Introducing Strawberry Invest

Stocks and Shares ISAs Explained

How to Read a Fund Fact Sheet

The Essential Guide to New ISAs

Introducing Strawberry Invest

Take Control of Your Retirement Planning

IG Stockbroking Account

Open a Stocks and Shares ISA

9th


Jun

Politics and expecting the unexpected

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7th


Jun

Investment styles – is there a catalyst for change?

Liz Rees of Willis Owen looks at the different investment styles adopted by funds and what may

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20th


May

The foundations of investing in infrastructure

Seeking income: Fiona Liu of Willis Owen looks at what to consider when investing in infrastructure

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22nd


Jan

Global Outlook for 2017

Willis Owen looks back at 2016 and ahead to prospects for investors in the year ahead

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9th


Jan

Strawberry Invest – 2017 Investment Forecast

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20th


Dec

Bringing Down the Cost of DIY Investing

DIY Investor Urges FCA for Greater Transparency in Fees and Charges

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19th


Dec

Shaken and Stirred: 2016 was tricky for Bonds and Equities

Beaufort's Mike Franklin asks will the ‘Trump Effect’ create a Casino Royale in 2017?

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4th


Oct

Quarterly Investment Outlook – Strawberry Invest

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1st


Sep

Well on Track – DIY Investors ‘Flock’ to Passive Investments

Hargreaves Lansdown sees the number of its clients investing in trackers double

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27th


Aug

Selecting an Online Broker

No single broker delivers a panacea - how do you select the right one for you?

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20th


Aug

Are property funds still worth considering?

Willis Owen Research Analyst Fiona Liu looks at property funds post-Brexit

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30th


Jun

Britain votes for Brexit: The challenges and opportunities

Liz Rees considers the implications of Brexit in a blog for Willis Owen

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25th


Jun

Selftrade: ETFs ‘Best’ for Investors

Online broker cuts commission and introduces comparison tool

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20th


Apr

7IM and Vanguard Set to Enter the D2C Space

More choice from direct to consumer propositions

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20th


Apr

BlackRock Rules out D2C Launch but Considers Robo Platform

Asset Management behemoth bucks trend for retail investment platforms

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15th


Apr

Portfolio Analytics – Shaping the Next Generation of Retail Traders

Big data - allowing brokers to help their clients to become more successful traders

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ST 220 x 75

wo2

BF 220 x 75

Saga 220 x 75

CF 220 x 75

XO 220 x 75

SDA 220 x 75

Strawberry 220 x 75 2

 

 

 

 

AccountEquity TradeFrequent TraderRegular InvestmentFund TradeAccount FeeISA Account SIPP Account Comments
parallax1£11.75£6£1.50£0 buys
£11.75 sells
Funds fee:
< £50k 0.3%
> £50k 0.25%
Max £250/quarter
£0£99 + VAT£10 + VAT quarterly inactivity fee.
parallax1£7.50n/a£1.50£0< £50k 0.4%
£50k - £100k 0.3%
£100k - £250k 0.2%
£250k > 0.15%
< £50k 0.4%
£50k - £100k 0.3%
£100k - £250k 0.2%
£250k > 0.15%
£132 + VAT
parallax1£8n/an/an/a£0£0£165 + VATAdvisory service
Discretionary fund management
parallax1£11.95£9.75£1.50£0£0£0n/a
parallax1£2.50£0.50n/an/a0.24%0.24%0.24%Frequent trader rate based on rebate
parallax1£5.95n/an/an/a£0£0£120 + VAT
parallax1£9.50n/an/a£9.50£0£50 + VAT£120 + VAT
parallax1£9.50n/an/a£0< £50k 0.35%
£50k - £1m 0.25%
£1m > 0.1%
£0£100 + VAT

 

 

 

D2 Interactive