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Old 03-12-2009, 01:55 PM
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Default Looking for a flexible ISA scheme

Hello

I am looking to begin investing small amounts in stock and options with some money which is currently in an ISA. I would be transferring my cash to a different ISA scheme under which I have control to invest my money in the stock market (not just a series of funds, I don't want someone else contorlling it).

So given that I can do the transfer and obtain tax free potential profits, what are the best (in terms of trading price and freedom) ISA schemes to use? I am looking primarily into taking a long position with stocks, and options would be a nice addition too.

Does anyone know of any good providers of this?

Thankyou for any help,
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Old 03-23-2009, 09:38 PM
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Default Re: Looking for a flexible ISA scheme

If you're taking long positions on stocks then it likely won't matter too much which ISA you're wrapped with - because the only interest/renumeration you'll be receiving will be entirely from the value of your stock holdings, rather than from any interest payments from the ISA provider.

In which case, with a shares ISA, the ISA provider is simply acting as a sharedealing service, little else, and the difference in charges between them can be quite small.

Motley Fool and Selftrade both might be worth a look at.
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