With the shift from paper shares to online share dealing it has never been easier to take the reins and manage your investments online.
Online share dealing is now available from most major trading companies. It allows you to manage your investment portfolio online wherever you are, and of course be more active in monitoring and managing your online share dealing account.
You can check how your portfolio is performing in real time. So if your investments are performing badly, or you spot an opportunity to profit, you will be able to place a buy or sell transaction quickly via your online share dealing account so you don’t miss out.
Each share dealing account provider will offer a slightly different service, give access to different markets and allow you to manage your account by different platforms.
For this reason it’s important to check the trading features on offer, and the corresponding charges before you open a share dealing account.
If you trade on a regular basis you can find accounts that charge as little as £5 - £6 per trade. However you also need to be aware of annual management fees, inactivity charges and transfer costs. You can use our comparison tables to compare the cost of trading via different online share dealing accounts.
Before you apply it’s also a good idea to read online share dealing reviews as this will help you to make an informed choice that will ultimately help you to maximise your profits.
To find out more about the dos and don'ts of share dealing, read our guide Getting Started with Share Dealing.
