Share Dealing Account

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

How does it work?

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 this. Tax treatment depends on individual circumstances and current UK tax rules.

What charges do I pay?

Our Share Dealing Account administration charges are simple.

What charges do I pay?

Admin charge	A six month administration charge of £20.00 applies every April and October (This charge is waived for Premier and Private Banking customers, please speak with your Relationship Manager). Accounts opened at other times will be charged from the next payment date. This charge does not apply to 18-25 year olds.
Commission charges	Buy or sell online: Funds £1.50 International Shares £0 (1% FX rate applies) All other online investments £11.00 (£10.00 for Premier and Private Banking customers) Pay no commission on investments with our Regular investment plan.
Frequent trader?	£8.00 online dealing commission when you trade eight or more times per quarter.
Additional charges	There are additional charges for trading and other services. For full details, please read our Charges page. We do not pay interest on cash held in our Share Dealing Account, Share Dealing ISA, Investment Account or Investment ISA.

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

The table includes the dealing commission and account charges you’ll pay as standard. If you invest in a fund, you’ll also pay an ongoing charge directly to the fund manager. You may also pay government taxes and levies depending on the investment you choose.

Ready to apply for a Share Dealing Account?

We’re making some changes to our Terms and Conditions. View the new terms [PDF 505kb] (effective from 20 January 2025).

Learn the basics of investing

FSCS protected logo

Your money is protected

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