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.
No annual account charges, confusing percentages or inactivity fees.
Low cost dealing commission (£5 per online trade).
A wide selection of investments inc. UK and international shares, Funds, Exchange Traded Funds (ETFs), Investment Trusts & more.
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.
Before you apply
Before you start an application, make sure you’ve reviewed and understand: