RE: Beginners Questions
(2014-07-09, 09:28 PM)dpc71 Wrote: Hello. Apologies for this basic question. I am looking for any advice on vehicles for taking positions on indices and stocks via isa's. I am used to using Spread Betting platforms, but want to also use the isa allowance.
Would anybody be able to give advice on the most cost effective providers/platforms and also the methods used e.g. ETFs.
Any advice much appreciated.
Kind Regards,
DPC
You can trade UK and International stocks via an ISA. You have to pay stamp duty on FTSE 350 shares, but the AIM shares are now except from Stamp Duty and you don't pay any stamp duty on international stocks or ETFs. But you have to consider currency risk with a lot of ETFs as they are often denominated in dollars.
To research ETFs available in the UK market go to http://www.londonstockexchange.com/speci...ssuers.htm which lists the websites of all the ETF providers for more research.
I hope that helps
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.