zlb
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Post by zlb on Jun 5, 2019 9:07:48 GMT
Degiro prices are 15 mins old, so you have to switch to another place to find that out. Degiro have fscs protection, so does Freetrade but they save orders all to the end of the day, for example unless you pay per trade. www.ft.com/content/8be69c5e-5f6b-11e9-b285-3acd5d43599e " one clip for example "Freetrade customers can opt for a general investment account paying no fees, or pay £1 a trade to deal instantly, rather than have their trades conducted in bulk with all other customers at 4pm each day." These models are free with limited service. They all seem to have pay-for options eg "Freetrade plans to launch its “Alpha” service — its premium offering — later this year and says it will cost about £7 a month, covering all customers’ costs."
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stevio
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Post by stevio on Jun 5, 2019 12:07:17 GMT
Degiro prices are 15 mins old, so you have to switch to another place to find that out. Degiro have fscs protection, so does Freetrade but they save orders all to the end of the day, for example unless you pay per trade. www.ft.com/content/8be69c5e-5f6b-11e9-b285-3acd5d43599e " one clip for example "Freetrade customers can opt for a general investment account paying no fees, or pay £1 a trade to deal instantly, rather than have their trades conducted in bulk with all other customers at 4pm each day." These models are free with limited service. They all seem to have pay-for options eg "Freetrade plans to launch its “Alpha” service — its premium offering — later this year and says it will cost about £7 a month, covering all customers’ costs." Degiro does NOT have FSCS protection (now £85,000 for investments). It is under the European scheme, which does not have as high a limits for investment (€20,000) and requires you to claim from a (likely reliable but) foreign scheme. Degiro is registered with the FCA, but is pass ported in. www.degiro.co.uk/about-degiro/safe-and-reliable.htmlThe Dutch Investor Protection Scheme (Beleggerscompensatiestelsel) is applicable, as DEGIRO is a licensed investment firm authorised by the Netherlands Authority for the Financial Markets (AFM) for the provision of investment services. Information about the Dutch Investor Protection Scheme can be found in English on the De Nederlandsche Bank (Dutch Central Bank) website here.DEGIRO operates under behavioural supervision of The Netherlands Authority for Financial Markets (AFM) and the prudential supervision of the Dutch Central Bank (DNB). DEGIRO is also registered at the Financial Conduct Authority (FCA) in the UK under number 595455.One of the main issues with Degiro is either the counter party risk of them lending your equities (the main type of account) or charging you for dividends in their other account type. Both rather hidden in their T&Cs and not well known to most who look no further than the trading costs. Freetrade is a new business currently surviving off investors and not likely to turn a profit for at least a few years. Its profits are "hoped" to come from building a free trading customer base and then selling "premium" services to those customers. Whether it will be in business in a few years is anyone's guess and although they do have FSCS, you would still face a delay (and quite a bit of stress) to the return of your funds
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gb007
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Post by gb007 on Jun 5, 2019 12:25:18 GMT
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adrianc
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Post by adrianc on Jun 5, 2019 12:43:03 GMT
...although they do have FSCS, you would still face a delay (and quite a bit of stress) to the return of your funds Which is, of course, common to absolutely every FSCS financial organisation. "High St Name" retail outfits may get a big of a wiggle-on simply because of the bad publicity in delaying Mrs Miggins pension.
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stevio
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Post by stevio on Jun 5, 2019 12:50:37 GMT
...although they do have FSCS, you would still face a delay (and quite a bit of stress) to the return of your funds Which is, of course, common to absolutely every FSCS financial organisation. "High St Name" retail outfits may get a big of a wiggle-on simply because of the bad publicity in delaying Mrs Miggins pension. But the reserves, proven profitability and previous years in business throughout difficult economic climates would suggest the chance of needing to claim from the FSFC for more established institutions is much less (albeit not nil, as we have seen, your never to big to fail, but generally only in very unusual circumstances would this happen) Small UK focused companies that rely on the profit off customers investing, might not fair well in a Brexit
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Post by Harland Kearney on Jun 5, 2019 16:56:11 GMT
I have used HL since I was 18 (I'm 21 now), primarily I guess it was for the hand holding haha . I only invest in funds and other asset types that carry no entry fee or currency conversion with HL. HL are not good if you are buying shares individually, especially those outside the UK, the fees are extremely high. The people on this thread have alot more experience than myself, but I have stayed away from individual stocks. My largest holdings are Fundsmith and Lindsell respectively. (Holding in his global, UK and Japan fund) I have my ISA and LISA with them and feel very safe keeping them there for life. They have a very wide range of funds, but becareful not to personally over extend on fund types and bring your earnings down by excessive fees. 10-15 is good enough for most globally based portfolios. ETF's or fund managers; your choice, argument is old as age. Ignore thir wealth 50 and if you do look it up and down, they recommended Woodford massively, and who remembers their World Africa Star Fund (well u might remember, I was a child but did read it up. Most of their recommendations suit them, not the investor.) Good luck!
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Post by Deleted on Jun 7, 2019 9:38:17 GMT
I take all the HL 50+ the Fidelity 150 and the ii "special groupings". I spent a good bit of time to study their selection and then tracked their success rates against my own fund selection. I find that they tend to have a low cost to investor figures as the portal has negotiated a good deal with them and that is about the only positive thing that can be said. Using their selected group appears to behave as "nothing special" and are very similar to any other randomly selected group of funds.
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stevio
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Post by stevio on Jun 17, 2019 16:07:34 GMT
I take all the HL 50+ the Fidelity 150 and the ii "special groupings". I spent a good bit of time to study their selection and then tracked their success rates against my own fund selection. I find that they tend to have a low cost to investor figures as the portal has negotiated a good deal with them and that is about the only positive thing that can be said. Using their selected group appears to behave as "nothing special" and are very similar to any other randomly selected group of funds. Woodford.....hmmmm
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