IDealing.com Is A UK Based Brokerage That Has Been Serving Investors For Over 20 Years. Regulated By The UK Financial Conduct Authority (FCA).
The Platform Offers A Wide Range Of Market Instruments Including CFDs, CFDs, Currencies, Options, Stocks, Bonds, ETFs And Options. This Option Gives Investors Access To A Variety Of Asset Classes And Builds A Diversified Portfolio Based On Their Investment Objectives.
IDealing.com Offers Different Types Of Accounts For Individuals, Charities, Corporations, Government Entities, Trusts, Partnerships And Investment Clubs. Whether It Is An Individual Or An Organisation's Investment Needs, Clients Can Find An Account Option That Suits Their Requirements.
At The Heart Of IDealing.com Trading Experience Is The IDealer Dashboard. For Customer Support, IDealing.com Help Via Email.
Regulatory Status
IDealing.com Regulated By The Financial Conduct Authority (FCA) In The UK. Established In 2001, IDealing.com Limited Is A Regulated Entity Licensed By The FCA With License Number 191660. The Company Is Authorised For Market Making (MM) Activities, Ensuring Compliance With Regulatory Standards Set Out By The FCA.
Pros And Cons
Cons:
Regulated By The FCA: IDealing.com Regulated By The UK Financial Conduct Authority (FCA), Providing Clients With Assurances Regarding Compliance And Investment Safety.
Extensive Range Of Market Instruments: The Platform Offers A Range Of Market Instruments Including CFDs, CFDs, Currencies, Options, Stocks, Bonds, ETFs And Options, Enabling Investors To Access A Wide Range Of Asset Classes.
Offer Different Types Of Accounts: IDealing.com For Different Types Of Entities, Offering Account Types For Individuals, Charities, Corporations, Government Entities, Trusts, Partnerships And Investment Clubs, Providing Flexibility For A Variety Of Investment Needs.
Own Trading Platform: IDealing.com Own Trading Platform, The IDealer Dashboard, Provides Users With An Intuitive Interface For Easy Order Placement, Live Streaming Data And Customizable Watchlists, Elevating The Trading Experience.
Historic Reputation: With More Than 20 Years Of Experience In The Industry, IDealing.com Has Built A Reputation For Reliability And Trustworthiness That Brings Confidence To Its Clients.
Cons:
Limited Variety Of Trading Platforms: IDealing.com May Only Have A Limited Selection Of Trading Platforms, Potentially Limiting Options For Clients Who Prefer Other Platforms.
Lack Of Beginner Education Resources: The Platform May Lack Comprehensive Educational Resources Tailored To Beginners, Which May Pose A Challenge For Novice Traders Seeking Guidance.
Relatively High Commissions On Certain Trades: Certain Trades On IDealing.com May Incur Relatively High Commission Fees That May Affect The Overall Cost Of The Trade.
Limited Customer Support Options: IDealing.com May Offer Limited Customer Support Options, Such As Assistance Via Email Only, Which May Result In Slower Response Times Or Limited Avenues To Resolve Issues.
Subscription Agreements May Be Required To Access Market Data: Clients May Require A Subscription Agreement To Access Market Data On Certain Platforms, Which May Increase The Cost For Clients To Access Comprehensive Market Information.
Market Instruments
In IDealing.com, Clients Have Access To A Range Of Market Instruments As Follows:
Contracts For Difference: Participate In CFD Trading, A Form Of Derivatives Trading Where Clients Can Speculate On Price Fluctuations In Various Financial Instruments Without Holding The Underlying Asset.
Contracts For Difference (CFDs): Trading Contracts For Difference (CFDs) Allows Clients To Speculate On Price Fluctuations In Stocks, Indices, Commodities And Other Assets Without Having To Hold These Assets Directly.
Currencies: Participating In Foreign Exchange Trading, Offering Multiple Currency Pairs To Trade, Enabling Clients To Take Advantage Of Exchange Rate Fluctuations.
Options: Trading Options Contracts That Offer Clients The Right To Buy Or Sell The Underlying Asset At A Predetermined Price And Time Frame.
Stocks: Investing In A Wide Range Of Stocks On Global Exchanges Allows Clients To Build A Diversified Portfolio And Earn Returns Through Capital Appreciation And Dividends.
Bonds: Access To Fixed Income Securities, Including Government Bonds, Corporate Bonds, And Other Debt Instruments, That Provide A Steady Income Stream And Potential Preservation Of Capital.
ETFs (Exchange Traded Funds): Invest In ETFs, Which Are Investment Funds Traded On Bourse That Provide Exposure To A Diverse Portfolio Of Assets Including Stocks, Bonds, Or Commodities.
Futures: Trade Futures Contracts, Which Are Standardized Agreements To Buy Or Sell An Underlying Asset At A Predetermined Price And Date In The Future.
Account Types
Individual Accounts: Individual Accounts Are For Individual Investors Who Wish To Manage Their Investments Independently.
Charitable Accounts: Charitable Accounts Meet The Needs Of Non-profit Organizations And Charities To Manage Funds And Investments.
Corporate Accounts: Corporate Accounts Are For Businesses And Legal Entities That Wish To Invest Excess Funds Or Manage Company Assets.
Government Entities Accounts: Government Entities Accounts Are Tailored To Meet The Investment Needs Of Government Organizations And Agencies.
Trust Accounts: Trust Accounts Are For Trustees Who Manage Investments On Behalf Of Beneficiaries Or Other Stakeholders.
Partnership Accounts: Partnership Accounts Are For Investment Partnerships, Allowing Multiple Partners To Jointly Manage Investments.
INVESTMENT CLUB ACCOUNT: INVESTMENT CLUB ACCOUNT Is For Groups Of Individuals Who Pool Their Resources And Co-invest In Financial Marekt.
How Do I Open An Account?
Opening An Account In IDealing.com Is A Simple Process That Can Be Done Online And Takes Only A Few Minutes. Here Are The Steps Involved:
Visit The IDealing.com Website And Click On "Open Account".
Fill Out The Online Application Form: The Form Will Ask You To Provide Personal Information. Please Ensure That You Bring Your Identification Document (passport Or ID Card) And Address Proof Document With You For Uploading.
Funds Deposited Into The Account: IDealing.com Offers A Variety Of Deposit Methods Including Bank Transfer, Credit/debit Card And E-wallet. Choose Your Preferred Method And Follow The Instructions To Complete The Deposit.
Verify Your Account: Once You Have Funds In Your Account, You Will Need To Verify Your Identity And Address. This Usually Involves Submitting Scanned Copies Of Identification Documents And Proof Of Address.
Start Trading: Once Your Account Is Verified, You Can Start Using IDealing.com Trading Platform And Start Trading.
Spreads And Fees
At IDealing.com, The Fee Structure Is Designed To Provide Transparent And Fair Pricing For Valued Clients:
Commission Fee: For Over-the-counter London Stock Exchange Listed Securities, A Base Commission Fee Of 4.99 Pounds Sterling Is Charged Per Online Transaction. Different Rates May Apply Depending On Factors Such As Order Type, Instrument, Market, Exchange And/or Execution Channel. Please Refer To A Comprehensive Table Of Commission Rates For Details.
Other Transaction Fees:
Stamp Duty (SDRT): A 0.5% Stamp Duty Is Payable On Purchases Of UK Shares. Since April 2014, UK Shares Traded On AIM Are Exempt From Stamp Duty. Purchases Of Irish Shares May Be Subject To A 1% Stamp Duty If Applicable.
PTM Levy: A PTM Levy Of £1.00 Will Be Applied To Transactions In Excess Of £10,000 In The UK, Channel Islands Or Isle Of Man Securities Trading In Support Of The Takeovers And Mergers Commission.
Transaction Reporting Fees: Fees Are Based On Rates Set By The Relevant Market Or Exchange.
Other Non-commission Transaction Fees: Additional Fees May Apply Depending On Factors Such As Order Type, Instrument, Market, Exchange And/or Execution Channel.
Trading Platform
The IDealer Dashboard Is A Web Interface For A Proprietary Trading Platform Developed By IDealing Itself. It Provides Users With A Comprehensive View Of Their Trading Activities, Enabling Them To Place Orders, Manage Watchlists, And Monitor Positions And Performance In A Unified Interface.
Real-time Data: Real-time Prices That Provide Real-time Updates On Orders, Watchlists, Positions, And Profit And Loss *. Price Fluctuations Are Indicated In Blue As Increases And Decreases In Red.
* Please Note: Some Exchanges May Require Customers To Have A Market Data Subscription Agreement In Order To Receive Real-time Data.
Your Watchlist: Users Can Easily Monitor Their Preferred Stocks Using The Intuitive Watchlist Feature. Once Added, Users Can Track Prices, View Charts (depending On Subscription), And Even Place Orders Directly From The Watchlist.
Place An Order: The Order Entry Feature On The IDealer Dashboard Is Highly Rated By Active Traders And Investors. Users Can Enter Order Parameters And Observe The Process Of Orders Entering The System In Real Time, While Keeping An Eye On The Price Of The Tool In Real Time. The Process Is Optimized For Efficiency:
Click The Buy Or Sell Price Of The Tool In The Price Watch Or Account Valuation Panel, Or The Symbol Of The Tool.
Enter Or Modify Order Parameters, Including Order Destination And Desired Price.
After Reviewing The Details, Click The Submit Order Button.
Monitor The Status Of Orders In Real Time, From Receipt To Execution Or Partial Closing.
Advanced Traders Can Choose To Skip Confirmation To Speed Up The Process Of Placing Orders. In Addition, Users Can Adjust Forced Stops And Cancel Other Order Types Directly From The Order Panel.
Customer Support
Email: IDealing.com Is The Main Customer Support Channel For [email protected]. Clients Can Seek Help With A Variety Of Issues Through This Email Address, Including Account-related Matters, Trading Platform Support, Technical Issues, And General Questions About The Services Offered By The IDealing.com.
Conclusion
In Summary, IDealing.com Has Its Advantages And Disadvantages. On The Positive Side, It Is Regulated By The Financial Conduct Authority, Ensuring Reliability. They Offer Multiple Trading Options And Account Types. Their Unique IDealer Dashboard Simplifies Trading.
However, They Lack Diversity In Their Trading Platform And Educational Resources For Beginners. There May Be Higher Commission Fees For Certain Trades, And Customer Support Options Are Limited To Email. In Addition, Access To Market Data May Require Additional Subscriptions.
