Share Dealing Account

If you want to start investing and also want to make your own investment decisions, a Share Dealing Account could be for you. We charge a yearly customer admin fee which covers our Share Dealing Account and ISA and dealing commission of £9.50 per online trade.

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 independent advice.

Dealing commission

Dealing commission

Trade online for £9.50 per trade and invest regularly commission-free using our scheduled investment service.

Zero commission on international online trading (1.25% foreign exchange rate still applies).

Transfer to us

Transfer to us

Fill in our simple online transfer form to transfer your existing investments to us.

Why should I think about investing?

  • With interest rates remaining at historic lows, it’s unlikely your savings are keeping pace with inflationInflation causes a rise in costs for goods and a drop in your purchasing power over a period of time. e.g. a pint of milk in 1990 was 25p whereas a pint of milk in 2020 would cost you 43p.. Investing can help your money work harder. However, there is greater risk in investing compared to cash savings. Savings accounts offer steady growth and are normally quickly accessible so you should look to keep enough money in them for emergencies and short term expenses before thinking about investing.
  • Our Share Dealing Account gives you flexibility to pick the investments that are right for you. 
  • You can start investing regularly from £20 each month, or you can invest a lump sum in a wide range of investment types. Read more about our investment options.

What can I invest in with a Share Dealing Account?

The Share Dealing Account lets you buy shares listed on the London Stock Exchange and six other international stock markets. You can also invest in managed funds, investment trusts, exchange traded funds (ETFs), bonds and gilts. Read more about our investment options.

What do I pay?

Our charges for the Share Dealing Account are straightforward.

Table of charges for the Share Dealing Account

Customer admin fee

You can hold an ISA, a Share Dealing Account and a ShareBuilder all for a single charge of £36 a year (the same as £3 per month)

Real-time online UK trading

£9.50 online dealing commission per trade

Fund trades

£9.50 online dealing commission per trade

International online trading

£0 dealing commission, 1.25% foreign exchange rate

Scheduled regular investments


Telephone trading 

£25 dealing commission per trade

This table shows 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. For full details please see our Charges (PDF, 74KB).

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, 336 KB)

Already a Share Dealing customer?

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

Log in to Share Dealing
Log in to Internet Banking

Need a little more information? Our Investing quick guide (PDF, 723 KB) could help you.

FSCS protected logo

Investments with Bank of Scotland Share Dealing 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.

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. 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.