Intro – IWEB Share Dealing Account Reviews & Ranking
AdvisoryHQ recently published its list and review of the top stock brokers in the UK, a list that included IWEB Share Dealing Account.
Below we have highlighted some of the many reasons IWEB Share Dealing Account was selected as one of the best stock brokers in the UK.
Click here for a detailed review of AdvisoryHQ’s various selection methodology: Ranking Methodologies.
IWEB Share Dealing Account Review
IWEB is one of the top brokers in the UK with an online platform that includes trading tools and services. IWEB offers investment options so users can diversify their portfolios. They also feature direct trading on seven global markets and other features.
IWEB is operated by Halifax Share Dealing Limited, registered in England and Wales. IWEB is one of the discount brokers in the UK that’s authorized and regulated by the Financial Conduct Authority as well. They don’t offer advice; instead, they are an execution-only online broker platform.
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Key Factors Leading Us to Rank This Firm as One of This Year’s Top Stock Broker Firms
Upon completing our detailed review, IWEB Share Dealing Account was included in AdvisoryHQ’s ranking of this year’s best stock brokers based on the following factors.
IWEB Share Dealing Account Review: Low Costs and Fees
As mentioned above, IWEB is not only one of the overall best share brokers in the UK, but they’re also one of the top-performing discount brokers in the UK. When an investor decides to open a share dealing account with IWEB, they pay a one-time account opening charge of £200, which includes VAT; once they do that, they can take advantage of a competitively low commission rate of just £5 per trade on both UK and international stocks.
If an investor then opens additional accounts with IWEB, one of the top brokers in the UK, these account openings are free.
Additionally, there are no annual or quarterly administration charges and no inactivity charges, and investors receive the best available price based on market counterparties.
IWEB Share Dealing Account Review: Simple Account Transfers
In many instances, investors with existing accounts at other UK brokers will come to IWEB to take advantage of one of the best online brokers in the UK that is also a leader among discount brokers in the UK. IWEB works to make it simple and straightforward for investors to transfer their existing share dealing accounts to their service.
The investor makes a request, and then as soon as IWEB gets an account valuation from the current UK brokers, they’ll process the transfer.
IWEB handles most of the transfer process, and they don’t charge investors to move to them either, although the existing broker may charge for the transfer.
IWEB Share Dealing Account Review: Automated Trading Tools
Often when investors are looking for the best stock broker in the UK or selecting from UK online share brokers, they will consider whether or not a broker offers TradePlans. TradePlans are automated actions that an investor can set up to help control and mitigate some of the risk that comes with investing in the stock market. Not all UK brokers are going to offer these options, but IWEB does.
TradePlans can be set up for 90 days and carry a low fee.
Some of the TradePlans available from IWEB include the Limit Order, which lets investors create a pre-set price that will determine when they want to buy or sell shares. A Stop Loss occurs when an investor outlines a specific price at which they want their shares to be sold if there is a drop. Other options include Range Trading, Target Setting, and Price Locking.
IWEB Share Dealing Account Review: Research
IWEB, a contender for the best stock broker in the UK and a leader among online UK stockbrokers, features proprietary research available to investors, which is designed to give them access to insight, prices, charts, and market news so they can make better investment decisions.
The research available from IWEB covers not only the UK but also international shares.
There is research for six world markets including New York, Paris, Frankfurt, Milan, Amsterdam, and Brussels. There is a Funds Centre which allows investors to search for funds based on certain criteria and also access an overview of the best performing funds.
There’s also regularly updated market and regulatory news available through this online portal.
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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
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