INVESTING WITH LLOYDS BANK

Share Dealing Account

Share dealing accounts are a great way to buy, sell, or hold a wide range of funds, UK and international shares and much more.  You can still invest in a Share Dealing Account even if you have already opened an ISA.

Take the sting out of buying funds

£1.50 dealing commission per trade to buy or sell funds online. All our funds have 0% initial charge (an ongoing charge is payable directly to the fund manager and is available on the fund’s KIID).

Frequent trader?

If you trade more than 8 times per quarter the dealing commission is reduced to £8 per online trade.

Easy to switch

Log on and complete the online transfer form. Once your transfer is complete you will be able to see your investments online straight away, we'll also send you a letter to let you know.

What is a Share Dealing Account?

Our Share Dealing Account is a great way to start investing in a range of investments such as sharesA share is simply a unit a ownership. If you own a share, you own a stake in a particular company. Shares are listed on a stock exchange and the price of all shares will fluctuate throughout the day., fundsFunds are managed by professionals and pool investors' money together and invest on their behalf. Since your investment can be spread over a range of different stock markets, sectors and investment types, the risk involved may be reduced., ETFsExchange Traded Funds (ETFs) trade on the stock exchange in a similar way to shares. ETFs are usually designed to replicate an index, sector, commodity or currency and will invest in a range of assets with the aim of closely tracking its performance. and more, you can also choose to invest in the UK and 6 international stock markets.

Lloyds Bank is ideal if you're looking for a provider with competitive dealing commission and low cost fund trading. You also benefit from lower dealing commission when you trade more than 8 times per quarter.

What charges do I pay?

Our Share Dealing administration charges are simple and competitive. Please make sure you read and understand the following charges before opening an account.

What charges do I pay?

 

 

Account admin charge

£20 per six months (covers your Share Dealing Account and ISA)

 

Real-time online trades

£11 dealing commission per online trade

 

Frequent trader dealing commission

£8 dealing commission when you trade 8 or more times per quarter

 

Buying or selling funds

£1.50 dealing commission per online trade

 

Scheduled regular investments

£1.50 dealing commission per online trade

The table above includes the dealing commission and account charges you’ll pay as standard. If you invest in a fund you will also pay an ongoing charge directly to the fund manager. You may also pay government taxes and levies depending on the investment you choose. For full details please read our Charges page.

Apply for a Share Dealing Account

You can open a Share Dealing Account in less than 10 minutes. 

Before you apply

Before you apply for a Share Dealing Account make sure you’ve read and understand:

Investments are protected up to a total of £85,000 by the FSCS across the following brands which we administer.

FSCS Protected Logo

Ready to apply

  • Trade online for £11 dealing commission. Frequent trader commission of £8 per trade if you trade 8 times or more per quarter.
  • Scheduled regular investments and buying and selling of funds for £1.50 dealing commission per online trade.
  • Our account admin charge is £20 per six months, this covers your Share Dealing Account and ISA.

Apply now

Important legal information

The Lloyds Bank Direct Investments 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.

Important share dealing information