online stock trading

AckwelFoley

How does a joe soap go about buying shares and stocks online? Is it possible?

If i like a company and feel its worth an investment can i do this online?

Clytus

AIB has the online trading facility.

if you wanna try virtual trading theres always http://www.bullbearings.co.uk
so if you wanna have a go and not risk anything..

daveirl

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sock.rocker*

daveirl wrote: »

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for what reasons? i'm interested...

daveirl

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sock.rocker*

cool cool.. eh daveirl, was it you thinking about cfa before? ur name sounds familiar..


and this site, i'd be thinking of tryin to add like 150-200 a month at the start and seein how i get on.. very new to actually buying/selling but huge interest.

wud the site suit that sort of thing?

OfflerCrocGod

sock.rocker* wrote: »

very new to actually buying/selling but huge interest.

Then don't. Until you have a better understanding of markets and how they work I suggest lots of reading and study and then use virtual trading before putting down any real money. Also take into account that at the begining if you are trading any small gains you make will most likely be shallowed up by trading charges.

boomboombazza

sock.rocker* wrote: »

cool cool.. eh daveirl, was it you thinking about cfa before? ur name sounds familiar..

?

that was me in the graduate section?

i was just about to post asking who is the best value for money broker at the moment. any other suggestions?

sock.rocker*

OfflerCrocGod wrote: »

Then don't. Until you have a better understanding of markets and how they work I suggest lots of reading and study and then use virtual trading before putting down any real money. Also take into account that at the begining if you are trading any small gains you make will most likely be shallowed up by trading charges.

well i did economics and business durin the leaving cert.. A2 and B1.
from there, i did a 2.1 commerce degree focusing on economics, and financial markets, money and banking, international finance modules etc..
now i'm an investment/hedge fund accountant where i'm surrounded by stocks, bonds etc. all the time..
and i'm studying for the CFA, "chartered financial analyst" which is full of finance theory and is designed for fund/portfolio management.

i guess when i said i had a "big interest", i left all that out :P but of course, all that means nothing unfortunately in the real world that is financial markets.. if professionals are losing money during these times, how am i to do better

anyways, interactive brokers seem to have very cheap transaction costs and a really really good reputation after some searching.. askaboutmoney.com bein the main source. http://www.interactivebrokers.com

prendy

i'm in the same boat as the OP, with a keen interest and am considering investing. OP i found investopedia.com is also a handy site for research and their virtual trader is good practice.

Can someone post some info on roughly what charges to expect and which brokerage offer the best package. Also how much would be needed as an initial investment?

I realise its all relative to the person but any ionfo would be appreciated.

stepbar

Who is the most competitive in Ireland?

phantom_lord

http://www.davy.ie/content/pubarticles/FinancialRegulatorCostsSurvey.pdf

prendy

phantom_lord wrote: »

http://www.davy.ie/content/pubarticles/FinancialRegulatorCostsSurvey.pdf

thanks for this!

Spectrum48k

Comparison of online brokers available here.

xt40

hi,
im a customer of davy with an online account. i have huge issues with them which i will stick in a seperate thread within the next hour.

prendy

xt40 wrote: »

hi,
im a customer of davy with an online account. i have huge issues with them which i will stick in a seperate thread within the next hour.

all help is appreciated.

Guvnor

I am now looking to open an online execute only account. Not sure whether to go for crest or plain nominee.

I have with a bit of research narrowed my choice down to three co's

Interactive Investor

Stocktrade

Sharewatch

Kind of leaning towards Interactive - does anyone have any views on ether of the above three co's?

Oct2008

Guvnor wrote: »

I am now looking to open an online execute only account. Not sure whether to go for crest or plain nominee.

I have with a bit of research narrowed my choice down to three co's

Interactive Investor

Stocktrade

Sharewatch

Kind of leaning towards Interactive - does anyone have any views on ether of the above three co's?

Do these companies allow you to trade the ISE?
i know sharewatch does but i read some where here a few months ago that there were alot of issues with their online platform, cant find where I read it now, onyone know if this has been sorted I think they were introducing some new system to fix this not sure though.

ranger4

Oct2008 wrote: »

Do these companies allow you to trade the ISE?
i know sharewatch does but i read some where here a few months ago that there were alot of issues with their online platform, cant find where I read it now, onyone know if this has been sorted I think they were introducing some new system to fix this not sure though.

I have traded with sharewatch and find trading by phone gives best results.

Guvnor

It turns out interactive investor only allow UK residents to trade.

I contacted sharewatch and did not get a good vibe - took a long time for phone to be answered and then the handling of the call was less than what I expected.

I checked out daveirl's link of www.internaxx.lu and they look good to be honest.

I did wish to buy some Irish shares when I eventually get an account but you can buy them on the LSE I think, which works for me.

I suppose all any of us want is the ability to control our purchases ourselves in a safe and secure manner and pay a fair price for the service. This means not dealing with the Irish guys unfortunately imo. Harder to get this than you would think!

daveirl

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Guvnor

Dave,

Just reading up on internaxx and see they have:

'Custody Fees' for folks who do less than 30 trades a year. Understand this bit but I do not understand the 12% Vat tax on eec residents - hopefully this is a vat tax on the custody fees.

Just confused me at an early hour this am!:D

Cheers for any help mate.