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Compare execution only share dealing

Compare execution only share dealing accounts and you could get a better deal with lower fees than on managed accounts. Execution only investment accounts best suit experts as no advice is given.

Your investments are not guaranteed; they can decrease in value as well as increase and you may not get back the full amount you put in.

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Hargreaves Lansdown Fund and Share Account
Frequent trader rate
£5.95
Charge per trade
£11.95
Platform fees
No annual or transfer fees
Kickstart your portfolio with an award-winning share dealing service. Open an account online in minutes and start investing from £25/month. Free to hold shares, £5.95 - £11.95 per online share trade - see website for full charges.
Capital at risk.
Best Low Cost Stockbroker at the ADVFN Awards
Interactive Investor Share & Fund Account
Frequent trader rate
£7.99
Charge per trade
£7.99
Platform fees
£9.99/month
ii charges a flat fee rather than a percentage of your investments, meaning you get to keep more of your money. Get started today for just £9.99 per month, plus enjoy one free trade a month.
Capital at risk.

Compare another type of share dealing

  • Share dealing

  • Online trading

  • Execution only

  • Certificated

Share dealing guides

Who we compare

Last updated: 14 April 2021

What is execution online share dealing?

Execution only share dealing is a type of stock trading that lets you buy and sell shares without getting advice on which shares to buy or sell.

This is done through an execution only broker, who executes the trades that you decide to make without giving you any advice. This helps cut the cost of share dealing by avoiding the fees that come with advisory brokers.

Find out more information on share dealing here

How to start execution only share dealing

You need to open a share dealing account that offers an execution only option, then you can add money to it and start buying and selling shares.

Here is how to start share dealing

Why use an execution only share dealing account?

If you are confident in your ability to buy and sell shares, then an execution only account could save you money.

An execution only share dealing account lets you buy and sell shares without getting any advice first, meaning you can avoid paying any advisory or management fees.

Benefits of execution only

There are several benefits to execution only share dealing:

  • Access to information and charts in real time

  • Buy or sell shares faster

  • Lower trade charges

  • No advisory costs

What charges to look out for

There are three main charges to look out for when choosing an execution only share dealing account:

  • Charge per trade: This is what you pay for each deal you make, whether you are buying or selling shares, e.g. £8 per trade.

  • Platform fees: This is what some brokers charge for using their platform, which can be taken monthly or annually, e.g. £50 per year.

  • Transfer fees: This is what some brokers charge when you transfer money out of your account, e.g. £25 per transfer.

Some share dealing companies offer a frequent trader rate, which reduces how much you pay for each deal you make. To qualify for this rate, you need to make more than a set amount of deals in the previous month.

The cost of each type of charge varies depending on the share dealing company you choose, so compare as many as possible to get the cheapest deal.

What other options do you have?

There are two more types of share dealing broker you could choose from:

  • Advisory: You get advice on which shares to buy and sell, but it is still your decision

  • Discretionary: You give authority to your broker to buy and sell shares on your behalf

Do you have to pay tax on the shares you buy?

If your shares are held in an ISA, you will not need to pay tax on your profit or purchases. If they are in a different type of account, you may need to pay capital gains tax and stamp duty.

The amount of capital gains tax you pay when you sell your shares will depend on your income tax bracket and how much money you have made from the sale.

You can find out more about paying tax on share dealing profits here.

Execution only share dealing FAQs

No, you will need to choose an advisory or discretionary broker for advice on which shares to buy and sell.

No, only companies that are listed on stock exchanges, like the London Stock Exchange (LSE) or the Alternative Investment Market (AIM).

Many people think you need a lot of money to start stock trading, but that's not necessarily true.

You can start with just a few hundred pounds, and increase how much you invest gradually as you get a better sense of the market and also have more money to invest.

If you plan to make several trades each month a frequent trader account could reduce your cost per trade. Check the terms with each company.

Yes, but only if the company offers one. You still need to open an account online and add money before you can make any trades on the app.

About our share dealing accounts comparison

We include share dealing accounts from our panel. They are regulated by the Financial Conduct Authority (FCA).

Here is more information about how our website works.

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.