UK fund supermarket comparison table

 
Last UpdatedOct 52015

Comparing UK fund supermarkets can get slightly confusing because the term “fund supermarket” is often used to mean two different things. One is the discount brokerage through which you invest and the other is the underlying platform that handles the administration of your account.

In some cases, both operations are part of the same firm, as is the case with Hargreaves Lansdown or Alliance Trust Savings. You need to go to that broker to get access to its platform. In other cases, they are separate and the same fund platform (for example, Cofunds Retail) can be available through more than one broker.

To make matters even more difficult to understand, an increasing number of newer supermarkets outsource some services such as dealing, settlement and custody to third-party providers (for example, FNZ). With these supermarkets, the details of each provider’s service will be different, but some of the functionality will depend on what they outsource to this underlying provider.

The table below tries to simplify this by listing the major brokers that operate their own fund platforms, plus some of the cheapest brokers that give access to other platforms. It does not aim to be entirely comprehensive and deliberately leaves out many of the other brokers that simple rebadge the Cofunds Retail service, together a few other platforms that are too expensive, niche or generally undistinguished.

No supermarket is best for all investors, but certain firms stand out. If cost is your top priority, Cavendish and Charles Stanley Direct are usually a good option for the smallest portfolios, while iWeb (owned by Halifax, but with different charges) can be very cost-effective for medium-sized accounts and above. If the range of funds available is the most important consideration, AJ Bell Youinvest (relatively cheap) and Hargreaves Lansdown (more expensive) are a good place to look.

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US online discount stockbrokers comparison table

 
Last UpdatedMar 152012

The table below compares the dealing charges and other features of 30 US online stockbrokers to help you find the best stockbrokers for trading US shares only. If you are looking for US stockbrokers to trade international markets instead, try the US international stockbrokers list and the US international stockbrokers comparison table.

Different stockbrokers use very different commission structures, which can make direct comparison difficult. The table attempts to compare like-for-like as much as possible – where brokers offer better rates for more active traders, the rates for least active traders are listed. See below the table for fuller details of commissions for those brokers that have more complex fee structures.

A limited number of US-based stockbrokers will open accounts for non-residents, although policies on foreign clients are subject to change and citizens or residents of some countries may not be accepted. Firms that reportedly accept non-residents include eOption, Charles Schwab, Firstrade, Interactive Brokers, Just2Trade, LowTrades, OptionsXpress and Tradestation. Scottrade accepts foreign clients who are citizens of and resident in China, Hong Kong and Taiwan only.

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Hong Kong online brokerage fee comparison table

 
Last UpdatedJan 282012

The table below compares the dealing charges and other features of 19 Hong Kong online stockbrokers to help you find the best stockbrokers for trading Hong Kong shares only. If you are looking for Hong Kong stockbrokers to trade international markets instead, try the Hong Kong international stockbrokers list and the Hong Kong international stockbrokers comparison table.

There are a large number of stockbrokers operating in Hong Kong and the table below is not comprehensive, but should cover the majority of firms offering low-cost online trading. If you would like to suggest any additional firms to be added to the table, you can send an email through the contact form.

In addition to the stockbrokers listed below, most banks in Hong Kong also offer securities trading services. They typically charge 0.25% per trade with a minimum of HK$100 (a few have a lower minimum). The main exception – which is included in the table – is Standard Chartered, which has no minimum fee, making it attractive for small trades.

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UK CREST Personal Member Account comparison table

 
Last UpdatedDec 292015

The table below compares accounts from the limited number of UK stockbrokers who offer sponsored CREST accounts for individual investors.

It is not a full comparison table of UK stockbrokers – see the UK discount stockbrokers comparison table for many more possibilities if you don’t need a personal CREST account.

For more details on what individual CREST membership is and why you might or might not want it, see the CREST personal account FAQ.

All firms in the table are regulated by the UK Financial Conduct Authority (FCA).

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Singapore online brokerage fee comparison table

 
Last UpdatedJan 232012

The table below compares the dealing charges and other features of 11 Singapore online stockbrokers to help you find the best stockbrokers for trading Singapore shares.

Most firms in Singapore have a very similar fee structure, charging commission of around 0.25-0.28% commission for trades below S$50,000, around 0.2-0.22% between S$50,000 and S$100,000 and around 0.18-0.2% over S$100,000, with a typical minimum charge of S$25. For simplicity, commissions in this table are abbreviated to reflect these standard tiers eg 0.25%/0.22%/0.18%.

However there are a couple of exceptions. Standard Chartered’s service has a rate of 0.2% with no minimum charge, while the local office of Danish firm Saxo Bank charges 0.15% for all trade sizes, with a minimum of S$25.

Interactive Brokers – popular with many Singapore traders for overseas markets – is even cheaper at 0.12% with a minimum of S$3. However, Singapore residents currently can’t trade the Singapore exchange through their accounts, although Interactive Brokers have indicated that this restriction may change in the future.

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Best UK online stockbrokers

 
Last UpdatedDec 292015

The table below compares the dealing charges and other fees of around 40 UK online stockbrokers to help you find the best stockbrokers for trading UK shares.

The cheapest UK online stockbrokers for one-off trades is X-O, at £5.95 per trade with no admin or inactivity fees for either regular share dealing accounts or ISAs. iWeb Share Dealing is even cheaper at £5 per trade, but charges a £200 one-off account opening fee (increased from £25 in March 2015). Other brokers may be cheaper if you plan to trade very frequently.

You can see details of what each column means by placing your mouse pointer over the top row of the table. Further information on each broker’s fees can be seen by placing the pointer over underlined entries in the table. If your browser does not support these pop-ups or you are viewing this on a tablet, you can view all these notes inline at the bottom of this page.

All firms in the table are regulated by the UK Financial Conduct Authority (FCA).

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International stockbroker directory and comparison tables

 

Compare stockbrokers from around the world that can buy international shares and find the best one for your investments. View comparison tables for the top international stockbrokers in your country, search for a stockbroker that can buy shares in a particular country, browse full details for each individual stockbroker or compare two stockbrokers side-by-side. Continue reading »

Hong Kong international stockbrokers comparison table

 
Last UpdatedJan 282012

The table below compares major Hong Kong stockbrokers who can buy foreign shares. If you haven’t already done so, you may want to begin by by reading the Hong Kong international stock broker guide for an overview of what’s available and then using this table to compare firms. Further details of fees and services are listed on each stock broker’s individual page.

If you’re looking for the cheapest broker in Hong Kong to buy Hong Kong stocks, the going rate from local firms is about 0.15-0.3% with a minimum of HK$80-100. However, the lowest advertised rate is the local division of US group Interactive Brokers, at 0.088% with a minimum of HK$18, while Standard Chartered charges 0.2% online and 0.3% by phone with no minimum. See the Hong Kong discount stock broker comparison table for more.

Most Hong Kong stockbrokers seem to accept non-resident investors. However, some will probably not do business with US citizens or residents, for reasons explained in this article.

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Singapore international stockbrokers comparison table

 
Last UpdatedJan 232012

The table below compares major Singapore stockbrokers who can buy foreign shares. If you haven’t already done so, you may want to begin by reading the Singapore international stock broker guide for an overview of what’s available and then using this table to compare firms. Further details of fees and services are listed on each stock broker’s individual page.

If you’re simply looking for the cheapest stock broker in Singapore to buy Singapore stocks only, try the Singapore brokerage fees comparison table instead.

Non-residents looking for an overseas account may find the guides to opening a Singapore bank account and opening a Singapore stock broker account useful. All Singapore stockbrokers seem to accept non-resident investors, except Citibank and possibly Standard Chartered. Some may still accept US residents, who cannot open accounts with most international stockbrokers because of US tax laws and SEC regulations.

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US international stockbrokers comparison table

 
Last UpdatedDec 292015

The table below compares major US stockbrokers who can buy foreign shares. If you haven’t already done so, you may want to begin by reading the US international stockbrokers guide for an overview of what’s available and then using this table to compare firms.

Further details of fees and services are listed on each stockbroker’s individual page. To find a stock broker that can trade a specific international market, use the search function in the international stockbrokers directory.

If you’re simply looking for the cheapest stockbrokers registered in the US for buying US stocks and options only, see the US online discount brokerage fees comparison table instead.

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