If you are thinking about dipping your toes in share-dealing you may not know where to start. Buying shares online is in fact incredibly easy and setting up an account with an on-line stock broker a quick and simple process. The hard part is then deciding which shares to invest in!
Firstly you need to make sure that any broker is licensed. There are many reputable brokers out there, but just do your homework. Publications such as the Investor's Chronicle sometimes run articles on how to find a good broker.
You may even find that your bank offers a stock broking service, which can be very convenient if you are able to see your shares account online with your regular bank accounts and insurance policies.
Once you know that a potential stock broker is licensed and legitimate, then it pays to check the rates between brokers as these can vary widely. Many brokers offer a discount for frequent trading which can save a considerable amount of money if you make transactions frequently.
Also check what on-line facilities they offer. Make sure that you can handle your share dealing the whole way online and view your account at all times.
Check which brokers offer up to date share information and analysis information such as graphs, dividend info and expert recommendations. A few simple criteria will save you hassle and money.