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

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?

Frequent trader?

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

Easy to switch

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.

Regular Investing

Invest regularly with our commission-free scheduled investment service

More about regular investing

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.

Our share dealing service gives you access to our full range of investments. You also benefit from lower dealing commission when you trade more than 8 times per quarter.

Your Capital Gains and Dividend allowances are changing. Help and support about the changes can be found in our FAQs.

What charges do I pay?

Our Share Dealing administration charges are simple. 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) taken April and October each year

 

Real-time online UK 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

 

International online trading

£0 dealing commission, 1% foreign exchange rate

 

Scheduled regular investments

Commission-free

 

Telephone trading 

£35 dealing commission per trade 

Please note, if you open your account between the payment dates the six-monthly admin charge will be taken from the following payment date.

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.

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.

Ready to apply for a Share Dealing Account?

New to Share Dealing?

Start your Share Dealing Account. You will just need your address, debit card details and national insurance number to hand.


Open a Share Dealing Account

Terms and conditions (PDF, 377 KB)

Already a Share Dealing customer?

Simply log on to apply. Once you’ve accessed your Share Dealing Account, click on ‘Open a new account’ in the right-hand navigation.


Log on to Share Dealing
Log on to Internet Banking

We’re making some changes to our Share Dealing Terms and Conditions. View the new terms (PDF, 547 KB) (effective from 1st December 2023)

Need a little more information? Our Investing quick guide (PDF, 2.4 MB) could help you.

FSCS protected logo

Investments with Lloyds Bank Direct Investments are protected up to a total of £85,000 by the Financial Services Compensation Scheme. This limit is applied to the aggregated total of any stock or cash held across the following brands which we administer.

This is in addition to any other savings deposits you may hold across Lloyds Banking Group.

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