If your investments fall in value, you could lose money. Tax allowances and the benefits of tax-efficient accounts could change. 

Share Account

We have become part of interactive investor. As a result, you can only open a new Share Account if you are already an existing customer of The Share Centre

Share Account benefits

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Fixed monthly account fee

£2.00 per month and a dealing option to suit you.

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Pick your own

You’re in control of choosing, buying and selling your investments.

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No annual limit

Invest as much as you like and withdraw money whenever you want.

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Wide investment choice

Shares, funds, investment trusts, bonds, gilts, ETFs and more.

Share Account costs

We charge fixed account fees (which don’t grow as your investments do) and offer a choice of dealing options to keep your dealing costs down.

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Standard dealing option
I usually deal less than £750 or occasionally
Frequent dealing option
I deal more than £750 frequently or have a lump sum to invest
Fixed account admin fee £2 per month £2 per month
Dealing option fee - £24 per quarter
Dealing commission £7.50 per deal for trades less than £750, 1% for £750 and above £7.50 per deal
Dealing commission for phone/post/email £20 per deal for trades less than £2,000, 1% for £2,000 and above £20 per deal

Other dealing fees

Stamp Duty Levy 0.5% on the purchase of UK shares (excluding AIM and other recognised growth markets). Other rates may apply to non-UK shares.
PTM Levy £1 on transactions over £10,000
Foreign Financial Transaction Tax Tax Payable on the purchase of specific European shares (charge varies by country)

Cash withdrawals

3-5 day transfers Free
Same day transfer £25
Overseas £50 (restrictions apply)
Cheque £25

Optional services

Regular investing 0.5% (min. £1)
Dividend reinvestment 0.5%
Statements & contract notes by post rather than email £2.40 per month


Transfer to another provider Free
Re-registration to certificate £25 per certificate


Bounced cheque or unpaid Direct Debit £25
Deceased customer account administration £100
Overdue fee charge - Sell stock (per investment) £7.50 (To recover overdue fees on your account we may need to divest the equivalent value of your investments, plus this additional charge to cover the cost of the trade)

Costs and charges illustration

To give you a feel for the costs involved, our cost sheet includes an illustration of costs you will pay, based on how much you invest and what type of investments you choose.

Download Black View costs & charges sheet

Payment of account & dealing charges

Your account admin fee (and postal statements & contract notes fee if chosen) will be collected from your account on the 26th of each month, or the next business day. If you’ve chosen our frequent dealing option, the first payment will be collected from your account when opened and quarterly thereafter. Dealing commission, regular investing fees and other fees will be taken from your account as part of each transaction.

What interest will be paid on cash?

Gross interest on any cash you hold will be credited to your account quarterly at the Bank of Scotland base rate, minus 3.5% (min. 0%). We may retain the difference between the interest paid to you and the interest we are able to earn, as permitted by The Financial Conduct Authority.   

Find out about transferring existing shares you hold into an ISA

Why invest with us?

Tips and tools

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Our comprehensive range of investment tips and tools make it easy to choose and manage your investments.

Safe & secure

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small dark grey padlock in circle

As one of the UK’s leading stockbrokers, we are authorised and regulated by the Financial Conduct Authority (FCA).


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small dark grey trophy in circle

We’re proud to be regularly recognised by industry awards for our outstanding customer service.

Any UK resident who is over the age of 18 can open an account and start trading with The Share Centre.

Simply open an account and pay in some money. You’ll then be ready to buy and sell shares online (or over the phone) with us. Every day in the UK, hundreds of thousands of deals take place, trading several billion pounds worth of shares.

You can buy shares in a variety of ways:

  • Individual companies, which you’ll need to keep a close eye on.
  • Collective investments, such as funds or investment trusts, which can spread risk and offer you a more ‘hands off’ approach.

If you're not sure where to start, we have a comprehensive Share tip & search section where you can search the whole market, view our recommended shares and see what everyone else is buying and selling.