Share Dealing Account

Why open a Share Dealing Account?

If you’re looking to make your money work harder for you then there are 2 well known ways to do this, either a cash savings account or investing in the stock market.

Cash savings: Most people already know having cash savings is a good idea, it allows you to build up a secure nest egg which provides money to fall back on in case of emergencies, however what many people don’t realise is that they’re losing buying power at the same time. This is because current Inflation rates are higher than the current interest rates provided by most saving accounts (we’d recommend comparing your cash saving account rate against inflation to see how this affects you).

Investing could beat inflation over the longer term, but it also comes with more risk as investments can go down in value as well as up, but the potential for higher returns than savings is why many people choose to invest.

Who is it for?

Our Share Dealing Account could benefit you if

  • You have exceeded the annual £20,000 ISA allowance
  • You already invest in a Stocks and Shares ISA elsewhere

Extra benefits with an ISA

When you open a Stocks and Shares ISA we also open a Share Dealing Account for you at no additional cost. We'd recommend opening one so you can also benefit from paying no UK tax on income or profits made.

Benefits of choosing IWeb

Simple charges

  • No annual account charges, confusing percentages or inactivity fees.
  • Low cost dealing commission (£5 per online trade).

Variety

  • A wide selection of investments inc. UK and international shares, Funds, Exchange Traded Funds (ETFs), Investment Trusts & more.

Protection

  • IWeb, a trusted and long standing company, is part of Lloyds Banking Group.

How it works

  • Open an account with us for a one-off £100 – no annual charges eating into your investments.
  • Start trading at just £5 per trade – our dealing commission for UK and international shares, Funds, ETFs, Investment Trusts, Bonds & GILTs.

Transfer your Share Dealing account

With our low dealing commission rate of £5 from day one, you may want to switch to us from your current provider. It's easy to do - once you’re signed in simply head over to our transfers page to fill out our online form.

Please remember that the value of an investment and the income from it can go down as well as up and you may get back less than you invested. We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.

Getting started

Before you apply

Before you start an application, make sure you’ve reviewed and understand:

Investments are protected up to a total of £85,000 by the FSCS across the following brands which we administer.
 

FSCS logo

How to apply

Apply online now and you could be trading within minutes.

 

Apply now


The £100 account opening charge will be taken within 10 working days after opening your account from the debit card you register your Share Dealing Account or ISA with.

If we’re unable to collect the account opening charge using your bank details we’ll collect the charge from any new funds deposited into your share dealing account or ISA.