My first trade as a “Premium Trader”

So, just to test that this Premium Trading thing was working properly I decided to make a small trade….

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The deed is done. I’m now a “Premium Trader”!

As mentioned on a previous post, I decided to open a dealing account with The Share Centre and add their Premium Dealing option.

So first thing this morning I phoned customer services (having already opened a standard dealing account online) and asked for the Premium Dealing Option to be added. Continue reading “The deed is done. I’m now a “Premium Trader”!”

And the winner is…

So the quest for a new online broker is complete.

As I embark on my new venture as the Amateur Investor, I want to be able to concentrate on investing and not be worrying about dealing commissions and other fees. I envisage I will be a regular trader, and regular trading usually means regular dealing commissions!

And I’ve now made my decision. Continue reading “And the winner is…”

Cheap Online Share Dealing

In my quest to make my hard earned money work as hard as possible, I need to find a cheap online broker so that the dealing fees I incur have the minimum effect on my portfolio’s profitability.

As I mentioned in a previous post, dealing fees can eat into your capital, so the less I spend buying and selling shares, the more money I have to invest.
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Finding an online broker

So first things first. If I’m going to embark on my new life as an amateur investor, I need to find an online broker.

I already have online accounts with Hargreaves Lansdown (for my SIPP) and Norwich & Peterborough Building Society (N&P) for general share dealing, but I’ve decided that I’m going to open a new account with an online broker.
Continue reading “Finding an online broker”