Halifax Share dealing commission down to £3.95 from £11.95 per trade - Tuesday 18th June
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Halifax Share dealing commission down to £3.95 from £11.95 per trade - Tuesday 18th June

37
Found 11th Jun 2013
I know it won't benefit everyone but for those looking to add to their isa/portfolio like me (And without a frequent trader account) this looks to be the cheapest option.

Valid on 18/06/2013 from 12pm-2pm for uk shares and 8am and 9pm for international shares.

Details below.

Good news - for a limited time, save 2/3 on trading commission

Our Commission Countdown events have helped many people trade online for less - and in June there's another great chance to save money on trading commission.
•Trade UK shares online on Tuesday 18th June for just £3.95 commission between 12pm and 2pm

•Plus, trade international shares online for £3.95 commission between 8am and 9pm that day(please remember that foreign currency conversion charges of 1% either side of the available exchange rate will apply to international trades)

37 Comments

Why cold ?

Is this not a good deal?

I suppose its cold because its for people with money to buy shares

Original Poster

tinca

Why cold ?Is this not a good deal?I suppose its cold because its for … Why cold ?Is this not a good deal?I suppose its cold because its for people with money to buy shares



Cheapest I've seen.
Gives me a chance to do 3 trades for the price of one.

tinca

Why cold ?Is this not a good deal?I suppose its cold because its for … Why cold ?Is this not a good deal?I suppose its cold because its for people with money to buy shares


Let's see.....Hmm, well folk such as myself who saw their share values plummet from twenty two thousand to just a couple of hundred pounds might just be a tad **** to think that they can now sell their valueless shares and only be charged four pounds for the privilege.
At least Dick Turpin wore a mask!

Original Poster

Or buy more, you can bring your average down.

You can always stop your losses, I guess you didn't do that?

willysnapper

Let's see.....Hmm, well folk such as myself who saw their share values … Let's see.....Hmm, well folk such as myself who saw their share values plummet from twenty two thousand to just a couple of hundred pounds might just be a tad **** to think that they can now sell their valueless shares and only be charged four pounds for the privilege.At least Dick Turpin wore a mask!



I think you must be referring to the value of shares in Halifax Bank as the value of shares in the FTSE is quite high at the moment.
This is a good deal for anyone who likes an odd dabble in dealing in shares, voted HOT

I hate people like you teh arn

Devonboy

This is a good deal for anyone who likes an odd dabble in dealing in … This is a good deal for anyone who likes an odd dabble in dealing in shares, voted HOT


It was just such dabbling that lost me close to 60K during the 90's
A small percentage was illjudged invesment on my part, the greater bulk of my losses I lay at the door of the Bankers.
Note, I and many others pronounce that word with a "W".:D

willysnapper

It was just such dabbling that lost me close to 60K during the 90'sA … It was just such dabbling that lost me close to 60K during the 90'sA small percentage was illjudged invesment on my part, the greater bulk of my losses I lay at the door of the Bankers.Note, I and many others pronounce that word with a "W".:D


dabble with 60K???? and I thought my £500 was a bit extreme!
they had a lot of these offers over xmas 2011 but have been thin in the ground lately.

Original Poster

buckfast67uk

I hate people like you teh arn



What are people 'like me' like?
Why do you hate me?

Please check my avatar.

Once made 60% in 13 weeks (Lasmo Oil) pre 1999.

Those were the days,

InTheKnow444

Once made 60% in 13 weeks (Lasmo Oil) pre 1999.Those were the days,



You can make some decent gains on stocks and shares ISA funds if you do some research. There are some market crash predictions floating around currently by supposed credible agents. Search for market crash predictions in google. However possibly it's a case of self fulfilling prophecy by scaremongering, which I just took a minor part in, in posting this The main thing is to not put all your eggs in one basket and look at your risk versus your age and current situation.

Good deal.
Good place to make money on shares is with tracker funds. I'm only 20 and made 20% profit on £1000 sticking it in a ftse 100 tracked fund. When the ftse went up in value so did my money.

mattturner756

Good deal.Good place to make money on shares is with tracker funds. I'm … Good deal.Good place to make money on shares is with tracker funds. I'm only 20 and made 20% profit on £1000 sticking it in a ftse 100 tracked fund. When the ftse went up in value so did my money.



That's really good for someone who's only 20 .................

Good deal! People need to take person responsibility for THEIR investments and monitor them properly. No way you should lose £60k if you're operating stop loss.

mattturner756

Good deal.Good place to make money on shares is with tracker funds. I'm … Good deal.Good place to make money on shares is with tracker funds. I'm only 20 and made 20% profit on £1000 sticking it in a ftse 100 tracked fund. When the ftse went up in value so did my money.



Yep, so long as you are able to accept the same can happen on the downside. For the less experienced investor, tracker funds are the way to go, rather than self select.

willysnapper

It was just such dabbling that lost me close to 60K during the 90'sA … It was just such dabbling that lost me close to 60K during the 90'sA small percentage was illjudged invesment on my part, the greater bulk of my losses I lay at the door of the Bankers.Note, I and many others pronounce that word with a "W".:D



Always easy to blame someone else isn't it? You made the investment and could have got out at any time either with stop losses or my monitoring the situation daily. Your comments strike me as if you had no idea what you were doing.

Reading stocks and shares is like trying to read the runes. Quantitative easing has allowed shares to rise over the last couple of years but it is just another bubble. The only people who gain from this are the rich. Taxpayers money in the form of quantitative easing going into the pockets of the rich . Sounds familiar doesn't it.

The Bull run may be over there are signs that the wealthy are taking their money out of share and the bubble is about to burst. But who really knows

Not sure if it's already been said this offer comes round regularly each month. Perhaps useful if investing regular smaller amounts

mattturner756

Good place to make money on shares is with tracker funds. I'm only 20 and … Good place to make money on shares is with tracker funds. I'm only 20 and made 20% profit on £1000 sticking it in a ftse 100 tracked fund. When the ftse went up in value so did my money.



No sh1t?
Edited by: "M1LFHunter" 12th Jun 2013

Cold - lots of places have cheaper trade prices for selling and buying. So what 3.95 in a 2 hours slot. poor

Best to buy when the price is right for you, saving £8 on the purchase means nothing if the shares for your deal were £100 cheaper the day before!

usetheforceluke

Cold - lots of places have cheaper trade prices for selling and buying. … Cold - lots of places have cheaper trade prices for selling and buying. So what 3.95 in a 2 hours slot. poor



Most of them require a monthly fee though from what I have found.

Original Poster

usetheforceluke

Cold - lots of places have cheaper trade prices for selling and buying. … Cold - lots of places have cheaper trade prices for selling and buying. So what 3.95 in a 2 hours slot. poor



Care to point them out?
Cheapest I've found is the Share Centre - £7.95 a trade plus a quarterly admin charge.

Original Poster

ghot

Best to buy when the price is right for you, saving £8 on the purchase … Best to buy when the price is right for you, saving £8 on the purchase means nothing if the shares for your deal were £100 cheaper the day before!



Obviously, but if you've got a price in mind and the shares are at that price, you might as well save yourself £8. If you're dealing in lower numbers or penny shares that's a nice percentage to save.

GKP, PCI, BMR thanks

I really do think this is a bad deal for the vast majority of people and situation. Only worthwhile if you are already going to trade in that 2 hour slot and the market at that point makes it worthwhile in your given share. Share price variation makes making a trade in a small window to save a few pounds very inadvisable. Iweb charge just £5- better option- then you can choose your timing according to what really matters- the buy/sell price.

Original Poster

antonio1

I really do think this is a bad deal for the vast majority of people and … I really do think this is a bad deal for the vast majority of people and situation. Only worthwhile if you are already going to trade in that 2 hour slot and the market at that point makes it worthwhile in your given share. Share price variation makes making a trade in a small window to save a few pounds very inadvisable. Iweb charge just £5- better option- then you can choose your timing according to what really matters- the buy/sell price.



£25 one off charge to set up an account with iweb

Original Poster

usetheforceluke

Cold - lots of places have cheaper trade prices for selling and buying. … Cold - lots of places have cheaper trade prices for selling and buying. So what 3.95 in a 2 hours slot. poor



Still waiting for the cheaper places,I'm genuinely interested.

Maybe that is silly question but i never dealt with shares in my life - How to topup my account with actual money?

Seriously? You'd buy stocks because the commission will be £8 cheaper?! You turning Americane our something?

Original Poster

thelittleman

Seriously? You'd buy stocks because the commission will be £8 cheaper?! … Seriously? You'd buy stocks because the commission will be £8 cheaper?! You turning Americane our something?



I have an account with them anyway, so do many other people.
Looks like a good time to buy shares and saves a bit of money if you were looking to buy into some shares anyway.

Original Poster

Dinth

Maybe that is silly question but i never dealt with shares in my life - … Maybe that is silly question but i never dealt with shares in my life - How to topup my account with actual money?



There should be a 'Fund account' option.

teh arn

I have an account with them anyway, so do many other people.Looks like a … I have an account with them anyway, so do many other people.Looks like a good time to buy shares and saves a bit of money if you were looking to buy into some shares anyway.



But's that's the key point isn't it, to time a share purchase or sale to a two hour window to save £8 is likely to be the wrong decision, financially, for the vast majority of people and situations, however large or small the transaction. It's not the right factor to be making a decision by. It's the buy or sell price where the saving/value is to be made and which is likely to dwarf a few pounds unless you happen to get statistically really lucky with whatever the market is doing at that time. Eg presently the market is down, not a good time to sell.

Halifax share dealing fees are uncompetitive with IWeb, XO direct etc. So if you're looking to open an account it's better to open one elsewhere (Halifax charge the same £25 to open as Iweb) as Halifax costs more on an ongoing basis on fees. If you have a Halifax account already and are looking to make a sale, then my above comments apply ie the share price timing is what matters.

Edited by: "antonio1" 13th Jun 2013

Original Poster

antonio1

But's that's the key point isn't it, to time a share purchase or sale to … But's that's the key point isn't it, to time a share purchase or sale to a two hour window to save £8 is likely to be the wrong decision, financially, for the vast majority of people and situations, however large or small the transaction. It's not the right factor to be making a decision by. It's the buy or sell price where the saving/value is to be made and which is likely to dwarf a few pounds unless you happen to get statistically really lucky with whatever the market is doing at that time.Halifax share dealing fees are uncompetitive with IWeb, XO direct etc and it's better to open an account elsewhere (even with account opening fees) if the commission is such a key factor in transaction timing.



I'm not telling everyone to wait until then to buy, I'm just stating that it's worth buying if you're looking at shares anyway and it will save you money e.g. some are in the pennies or fraction of a penny, £8 will get you a lot of extra shares.

Plus for international dealing it's not a 2 hour window, it's a 13 hour window, you seem to be ignoring that.
I'll be using it for that and probably a few UK companies too.

I'm not saying iweb is bad, I'm just highlighting this deal to everyone.
If they want to go into a few companies on that day then great, if they're not really interested in share dealing then iweb probably wont be for them. If they are into some share dealing then there probably are other options that would be better in the long run.

Thanks Tony for the tip about XO. Just signed up for an account.
The time to kickstart ny portfolio is well overdue!

not bad for new starters wanting to get into dealing
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