brokers

Empowering the DIY Investor

An ever increasing number of people are taking control of their financial affairs and online platform technology is the enabler, delivering levels of sophistication that were once the preserve of City professionals at affordable prices.

Investors can research companies, create watch lists, select an account type, trade on countless international exchanges at the click of a mouse, and build and monitor a diverse portfolio of investments – often at a cost of just a few pounds a month.

Options ranging from equity execution only (XO) brokers through to those offering far greater choice in terms of investments and available support.

Direct to consumer (D2C) platforms vary greatly so it is important to find the best combination of functionality and price for your individual requirements.

Selecting a DIY Online Broker

Selecting an Online Broker

 

Internet technology has revolutionised personal investing, bringing information, data and trading technology to a mass audience.

Now the DIY investor is accustomed to the ability to research companies, buy and sell investments on a computer or mobile device in markets around the world and be able to monitor the performance of their portfolio in real time.

Online stockbrokers have been around for a decade and a half now and there are a number of things to consider when selecting the right one for your personal circumstances and the financial instruments you wish to trade.

Terms used to describe the various types of platform such as ‘execution-only (XO) stockbroker’, ‘fund supermarket’, ‘discount broker’, ‘wrap platform’, ‘direct to consumer (D2C) platform’ are often used interchangeably, but the common threads are the ability for an individual to open a personal account or accounts, and trade and monitor their own investments.

 

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Introducing Strawberry Invest

Stocks and Shares ISAs Explained

How to Read a Fund Fact Sheet

The Essential Guide to New ISAs

Introducing Strawberry Invest

IG Stockbroking Account

Open a Stocks and Shares ISA

16th


Sep

Brexit: The Never-Ending Story : Part 3 – ‘Little Britain’

Philip Gilbert posits that we are going back to the future and highlights what he sees as the

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3rd


Sep

Financial education – Money lessons for children

Infographic from the States - 5 money lessons children need to know and explaining financial

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27th


Aug

Estate planning – wills vs trusts

Infographic comparing the relative merits of wills and trusts in estate plannng

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26th


Aug

Currency – King Dollar surges amid the Turkish panic 

Fears of contagion in financial markets as US hikes interest rates

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20th


Aug

Investing in funds using charts

Humbug - the 'investor' in The Great British Trade Off, explains how he aggressively invests in

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17th


Aug

Financial Education: Part 5 – Do it Yourself, Do it With me, Do it For me – just don’t do nothing!

So you've decided to become an investor in pursuit of financial independence, but which way's best?

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14th


Aug

Time to reassess as winding down of QE takes wind from the sails of gilts and bonds

Saltydog Investor to revisit 'Tugboat' portfolio as 'slow ahead' loses momentum

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13th


Aug

FAANGS a lot: Tech bubble fears as Apple becomes the first $1billion company

Jim Paulsen believes investors are overweight tech stocks and sees parallels with the dotcom bubble

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12th


Aug

Humbug: Investing for a rich retirement has a good week

Seeking financial independence, Humbug adds £1626 in the week and is 7.7% up since April

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1st


Aug

400,000 orphan clients ‘trapped’: Watchdog encourages shift to cheaper DIY investing platforms

FCA says clients could be paying thousands of pounds a year to stay on

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30th


Jul

The Great British Trade Off: Humbug (investing) is flat but Fagin (trading) is scorching + 45%

Humbug says calm is good; Fagin is on fire on the road to FIRE

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29th


Jul

Financial Education: Part 4 compound interest

Earning interest on interest can make a dramatic difference for an investor with a long time horizon

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25th


Jul

City watchdog challenges DIY investment platforms on fees and transparency

FCA wants more competition and transparency as £500bn platform business doubles in 5 years

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18th


Jul

Financial education: Part 3 – more basics of investing

Muckler helps those new to investing on a journey to financial independence

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16th


Jul

Financial education: Part 2 – a beginners’ guide to investing

Muckler helps those new to investing on a journey to financial independence

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12th


Jul

Financial education: Part 1 – before you start investing

Muckler helps those new to investing on a journey to financial independence

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3rd


Mar

Personalised investment management – three unstoppable forces & Object-Oriented Investing

Three powerful forces are re-shaping investment and wealth management and AI is allowing more

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24th


Feb

MiFID II 101

You’ll have received a letter from your broker and updated your details, but just what is MiFID

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8th


Feb

DIY Investing – hands across the ocean: What is online stock trading?

Thoughts on The New Generation Of Traders. What Style Suits You - from reviews.com

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8th


Feb

DIY Investing – hands across the ocean: Free stock screening tools

How Free Stock Screening Tools Can Save You Hours Every Week; Jay Delaworth of Intelligent Trend

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22nd


Sep

Smaller companies – bigger returns?

Liz Rees of Willis Owen looks at companies outside of the FTSE 250 and those on AIM

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18th


Sep

Investment styles – is there a catalyst for change?

Liz Rees of Willis Owen looks at the different investment styles adopted by funds and what may

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11th


Sep

‘Smart Investor’ launch angers Barclays’ DIY investors

Barclays Stockbrokers customers face higher charges and loss of some functionality

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8th


Aug

Lifting the lid on Multi Asset Funds

An overview of the Multi Asset sector from Liz Rees, Head of Research, Willis Owen

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28th


Jul

Market Commentary for Q2 2017 and Future Outlook

Liz Rees of Willis Owen looks at the key events and influences over the past quarter

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26th


Jul

As investors flock to DIY platforms, City watchdog launches probe into charges and transparency

FCA to ensure 'wealthtech' platforms deliver good value to investors

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24th


Jul

Bereavement Services: preparing for the death of a loved one is never easy

Stuart Simpson, Head of Bereavement Services, Equiniti looks at the

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3rd


Jul

Too Much of the Black Stuff

Liz Rees of Willis Owen reports upon a drop in oil prices and markets losing momentum

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9th


Jun

Politics and expecting the unexpected

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20th


May

The foundations of investing in infrastructure

Seeking income: Fiona Liu of Willis Owen looks at what to consider when investing in infrastructure

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22nd


Jan

Global Outlook for 2017

Willis Owen looks back at 2016 and ahead to prospects for investors in the year ahead

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22nd


Jan

Questioning the Manager – Henderson Investment Trusts

Reviewing 2016 and looking at the threats and opportunities in 2017

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9th


Jan

Strawberry Invest – 2017 Investment Forecast

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20th


Dec

Bringing Down the Cost of DIY Investing

DIY Investor Urges FCA for Greater Transparency in Fees and Charges

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19th


Dec

Shaken and Stirred: 2016 was tricky for Bonds and Equities

Mike Franklin asks will the ‘Trump Effect’ create a Casino Royale in 2017?

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4th


Oct

Quarterly Investment Outlook – Strawberry Invest

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1st


Sep

Well on Track – DIY Investors ‘Flock’ to Passive Investments

Hargreaves Lansdown sees the number of its clients investing in trackers double

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27th


Aug

Selecting an Online Broker

No single broker delivers a panacea - how do you select the right one for you?

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20th


Aug

Are property funds still worth considering?

Willis Owen Research Analyst Fiona Liu looks at property funds post-Brexit

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30th


Jun

Britain votes for Brexit: The challenges and opportunities

Liz Rees considers the implications of Brexit in a blog for Willis Owen

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25th


Jun

Selftrade: ETFs ‘Best’ for Investors

Online broker cuts commission and introduces comparison tool

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20th


Apr

7IM and Vanguard Set to Enter the D2C Space

More choice from direct to consumer propositions

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20th


Apr

BlackRock Rules out D2C Launch but Considers Robo Platform

Asset Management behemoth bucks trend for retail investment platforms

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15th


Apr

Portfolio Analytics – Shaping the Next Generation of Retail Traders

Big data - allowing brokers to help their clients to become more successful traders

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Saga 220 x 75XO 220 x 75SDA 220 x 75CF 220 x 75
Strawberry 220 x 75 2

 

 

 

 

AccountEquity TradeFrequent TraderRegular InvestmentFund TradeAccount FeeISA Account SIPP Account Comments
parallax1£10.99£5.99£1.50£0 buys
£10.99 sells
£12.50/quarter
Funds fee:
< £50k 0.3%
> £50k/£250k 0.25%
£250 + 0.15%
Max £250/quarter
£4.99/quarter£4.99/quarter
Selftrade SIPP £99 + VAT
Qualifying Dealing Commissions and Fund Platform Fees can be offset against custody fee
parallax1£8n/an/an/a£0£0£165 + VATAdvisory service
Discretionary fund management
parallax1£11.95£9.75£1.50£0£0£0n/a
parallax1£2.50£0.50n/an/a0.24%0.24%0.24%Frequent trader rate based on rebate
parallax1£5.95n/an/an/a£0£0£120 + VAT
parallax1£9.50n/an/a£9.50£0£50 + VAT£120 + VAT
parallax1£9.50n/an/a£0< £50k 0.35%
£50k - £1m 0.25%
£1m > 0.1%
£0£100 + VAT

 

 

 

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