Opening a Share Dealing Account couldn't be easier. This page gives an introduction to the share dealing services provided for Moneyextra.com by The Share Centre, and tells you how to start opening your account.
To get started quickly, you can open your account online. If we are able to confirm your details online, we'll be able to open your account immediately and you'll be able to choose a password to access your account. You can then fund your account instantly online with your debit card, up to a maximum of £50,000 a day. Please note that you will only be able to deal up to £25,000 of uncleared funds, per account, at any one time and funds take three days to clear.
We will post an Activation Code to you which you must enter online within 30 days.
If we cannot confirm your details online, we'll ask you to send us supporting documentation. Once we receive the relevant documentation from you, you should be up and running within 48 hours.
Alternatively, you can print out an application form by following the Print button above. Once you have completed the form, send it to us at the address shown. If you don't have a printer, follow the 'request through post' link and we will send you an application form through the post.
Once we have received your application form, we will then send you a confirmation letter containing your personal Customer Reference number. A letter containing your Personal Identification Number (PIN) will be sent separately. These details will provide you with access to your share dealing account online, allowing you to buy and sell shares via the internet.
Moneyextra Share Dealing Accounts
Moneyextra Share Dealing offers two account options, so you can choose the type of account and charging tariff that suits you the best. Have a read of the relevant service literature, you can then download the appropriate account application form so you can get started!
If you've specific questions just e-mail us at moneyextra@share.co.uk and we'll provide the answer.
Moneyextra Trader Account
If you are going to deal less than at least twice a month or more, the MX Trader Account allows you to buy and sell shares online for a fixed flat fee of £15.00.
Click here for more information
MoneyExtra Frequent Trader Account
With MX Frequent Trader Account you can buy, sell and manage your investments online, anytime. Dealing charges are a flat £8.50 (plus VAT), enabling you to buy up to £10,000 worth of any individual stock or to sell an individual stock of any value whatsoever. Naturally, normal stamp duty and PTM levy charges apply. With a minimum subscription period of just 3 months, you'll soon be wondering how you managed your shares without it.
Save £17.00 by choosing the annual subscription option; select the annual option and you'll pay just £85.00 (plus VAT) for a full year's subscription to MX Frequent Trader.
Click here to see all the benefits you get with this account.
You should always remember that share prices (capital values) and dividends (income) can go down as well as up and you may not get back the value of your original investment. So if you're not sure whether share dealing is appropriate for you, we recommend you seek independent advice. But when you decide that investing in the stock market is the thing to do, we're here to help.