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How it works
Moneyextra.com share dealing service is provided by The Share centre. This service allows you to buy, sell and manage your investments online anytime. There are two account options, so you can choose the type of account and charging tariff that suits you the best.
Moneyextra Trader account
If you are going to deal less than twice a month, the Moneyextra Trader account allows you to buy and sell shares online for a fixed flat fee of £15.00 with the quarterly administration fee of £2.50+VAT automatically waived with 2 or more trades. Do remember normal stamp duty and PTM levy* charges apply.
* A £1.00 charge levied on share trades with an aggregate value in excess of £10,000. The money raised goes to the Panel of Takeovers and Mergers, which writes and enforces the rules by which takeovers of companies listed on the London Stock Exchange are conducted.
Moneyextra Frequent Trader account
If you are a frequent trader, the Moneyextra Frequent Trader account offers a host of features designed to keep you in control of your investments for a fixed dealing commission of £8.50, plus a monthly subscription of £8.50+VAT.
How do I get started?
Just print out and complete the application form and send it to us at the address shown. If you don't have a printer, follow this request through post link and we will send you an application form.
Once we have received your application form, we will send you a confirmation letter containing your personal Customer Reference Number; your Personal Identification Number (PIN) will be sent separately. These details will allow you to buy and sell shares through your account online.
Can I trade immediately?
Yes, simply complete the purchase authority on the sharedealing Account opening form and attach a cheque payable to The Share Centre for the amount you wish to invest, (remembering to include commission and stamp duty). Purchases above £10,000 can only be made once your cheque has been cleared. All shares are held in the name of Share Nominees Ltd on your behalf, individual share certificates are not produced.
Can I sell shares using a Share certificate?
Yes, in just 3 easy steps, you can sell your share certificates for a fixed sales commission of £20.00. Please see here for more information regarding Moneyextra Certificate Sales.
Hopefully this has given you enough information to get started, however, if you have any questions you can view our frequently asked questions page, or our Customer Services team will be pleased to help on 0845 077 7084 or via e-mail at info@share.co.uk.