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Share Dealing Account
- No annual account fees.
- £5 commission charge on UK trades.
- Low cost trading platform.
What is a Share Dealing Account?
A Share Dealing Account, or Trading Account, is a flexible investment account. Invest in a wide range of investment options including shares, ETFs, funds, bonds and gilts. Buy, sell and hold investments with no limits.
If you're looking for tax-efficient investing, try our Stocks and Shares ISA. Or if you're over the £20,000 ISA allowance this year, a Share Dealing Account could be right for you.
How a Share Dealing Account works
- Open your Share Dealing Account.
- Build a portfolio from a wide range of investment options including UK and international shares, ETFs, funds, bonds and gilts.
- Start share dealing, and pay just £5 commission on UK and funds trades, zero commission on international trades. Invest for free with a Regular Investment Plan.
Share Dealing Account fees and charges
- No annual fees.
- No commission charge on international trades (FX rates apply).
- Low commission charges - just £5 per UK or fund trade.
- Free regular investing - trade regularly for free with our Regular Investment Plan.
Understanding tax allowances
You may have to pay UK tax on your Share Dealing Account.
Find out how Capital Gains Tax and Dividends Tax allowances could impact your investments.
For tax efficient investing up to £20,000 a year, take a look at our Stocks and Shares ISA.
Research the market
ETF Quicklist
Exchange Traded Funds (ETFs) are a simple, low-cost way to build an investment portfolio.
We've worked with iShares by BlackRock to bring you our ETF Quicklist – a shortlist of ETFs covering different countries and themes.
Access a wide range of stocks with just one investment.
Find your next investment
With more than 2,500 funds available, you can build your own portfolio in no time.
Discover available shares and funds in our Funds and Shares Centre. And keep up to date with the latest FTSE data.
Market news
Get up-to-date market news, FTSE performance and relevant insights to help you choose the right investment.
Stay on top of what's happening and where, with our range of tools and market analysis.
Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. There will normally be a charge for that advice. Tax treatment depends on individual circumstances and may be subject to change in the future.
Ready to apply for a Share Dealing Account?
Frequently asked questions
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You don't need a large sum to start trading in the UK. It's free to open an account with us. You can invest as little as £50. Extra costs vary depending on the markets you choose to trade in and the conditions.
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With us, there's no opening fee or dealing commission on international trades (FX rates apply) or regular investments, and it's £5 per UK or fund trade.
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Yes, typically you pay Stamp Duty of 0.5%. Other taxes may apply, such as foreign transaction tax and the Panel of Takeovers and Mergers (PTM) levy.
For a tax-efficient investment option, consider a Scottish Widows Stocks and Shares ISA. You’ll still need to pay Stamp Duty and the PTM levy, but you can invest up to £20,000 each tax year free from UK taxes.
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The IWeb Share Dealing Account is now the Scottish Widows Share Dealing Account. IWeb has joined the Scottish Widows family, which is part of Lloyds Banking Group. Scottish Widows is one of the UK’s most established financial brands with over 200 years of experience, supporting more than 6 million customers and managing over £235 billion in assets.
IWeb Share Dealing customers can still expect the same low costs:
- no account fee for Stocks and Shares ISAs or Share Dealing Accounts
- commission-free international trading (1.5% FX rate still applies)
- £5 per trade for UK shares and funds.
In addition, you'll get access to our app (coming soon), so you can manage your investments on the go and free regular investing.
Your money is protected
The Financial Services Compensation Scheme (FSCS) protects up to £85,000 of the eligible money you hold with us.
The Scottish Widows Share Dealing Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.
Explore our accounts
Stocks and Shares ISA
Looking for tax efficient investing? Invest up to £20,000 this tax year, free of UK taxes.
Ready-Made Investments
Low cost investing, managed for you by our experts.
Self-Invested Personal Pension
Take control of your pension investments with our flexible personal pension.
Coming soon