Trade online on seven world markets for just £5 dealing commission per deal.
- No annual administration charges on either our Share Dealing Account or Stocks and Shares ISA (our SIPP is subject to an administration charge).
- No inactivity charges
- Free Market Information Service
- One-off £25 account opening charge
If you're an infrequent trader and don't mind using a platform that looks like it hasn't changed since the 90's, then IWeb is a good platform. The fee was raised to £200 in March 2015 which made joining somewhat prohibitive to new traders.
At £5 commission for buy/sell, IWeb is one of the cheapest trading platforms available. The only cheaper one I have found for infrequent traders is Degiro, but having evaluated their platform, trading on the LSE is certainly not as good. Degiro also charge for transferring existing stocks, and you can't deposit certificates. This is all free with IWeb.
For the £25 you can choose either the Stocks & Shares ISA or Share Dealing account. Once you have one of those you can open the other at no additional charge.
IWeb Share Dealing is operated by Halifax Share Dealing.