I want to open a stocks and shares ISA. At present I have a sharedealing account with X-O (www.x-o.co.uk) and I’ve been making 1 or 2 deals per month. I’m approaching this as a long game and sticking with good companies. I am only planning in dealing in AIM shares at the moment.
I only want to trade in shares and I probably will only trade between up 10 times in a month (probably less). My portfolio will be under £25,000.
X-O still looks ok apart from the exit charges, but the cautious mentions here about price hikes in the future makes we weary especially with the exit fees. I’m young and learning so I want to have a decent amount of flexibility.
There is a decent comparison table here http://monevator.com/compare-uk-cheapest-online-brokers but it seems to lean more towards funds rather than active trading for someone interested in learning about investing in the stock market.