Motley Fool launches share dealing service

[lefty]

Just noticed Motley Fool.co.uk has launced a share dealing service that looks quite attractive on charges at least.
I've been threatening to ditch Directsharedeal for some time now.
What ye think?
http://www.fool.co.uk/share-dealing/share-dealing.htm

 

[Peadar]

It looks very good, but you have to be resident in the UK and have UK bank account to sign up for it.

 

[dunkamania]

It looks very good, but you have to be resident in the UK and have UK bank account to sign up for it.

Where does it say this

 

[Peadar]

I tried to sign up for it and you have to enter a valid UK postcode and a valid UK bank account, when I couldn't the message popped up that you had to be a resident of the UK

 

[DirtyH2O]

How is it better than Keytrade or several US based brokerages? It looks a little bit expensive to me in comparison. Unless you are solely interested in UK markets. I don't see any info on the currency charges, can you fund a Euo account with them?

 

[dunkamania]

£1.50 a trade

There are limitations

 

[Hibernicatio]

They state that growth is free from capital gains tax. How exactly would that work?

 

[dunkamania]

Can you link to this statement.

They are correct though,capital gains apply on disposal of the stock not on the growth while you hold it.Sounds like a roundabout way of saying that you should hold stocks for long periods

 

[ClubMan]

The purple TMF Self Select ISA banner link mentions "growth free from CGT". This is correct since ISAs are "gross roll up" products and may have other tax advantages. A moot point for non UK residents though.