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  • AtricleZine - Before You Sign Up With an Online Stockbroker

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    former is self explanatory, while the latter refers to whether the broker is registered with the Financial Services
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    If you want to trade shares over the Internet, then it has never been easier, or cheaper. But before you take the plunge it is worth taking the time to make sure your seemingly reputable online stockbroker is legit. As I say below, looks can be deceiving. In its darker recesses the web hides some accomplished scam artists.

    With this in mind, the very first thing you should do check is whether the company you have signed with is both legal and authorised. The former is self explanatory, while the latter refers to whether the broker is registered with the Financial Services

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    nge it is worth taking the time to make sure your seemingly reputable online stockbroker is legit. As I say below, looks can be deceiving. In its darker recesses the web hides some accomplished scam artists.

    With this in mind, the very first thing you should do check is whether the company you have signed with is both legal and authorised. The former is self explanatory, while the latter refers to whether the broker is registered with the Financial Services

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    oks can be deceiving. In its darker recesses the web hides some accomplished scam artists.

    With this in mind, the very first thing you should do check is whether the company you have signed with is both legal and authorised. The former is self explanatory, while the latter refers to whether the broker is registered with the Financial Services

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    he very first thing you should do check is whether the company you have signed with is both legal and authorised. The former is self explanatory, while the latter refers to whether the broker is registered with the Financial Services
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    former is self explanatory, while the latter refers to whether the broker is registered with the Financial Services Authority, the City watchdog.

    Start with the FSA website (www.fsa.gov.uk/consumer/fcs/index.html). The link I have included is to a very simple, easy-to-navigate section of the regulator’s giant portal and contains a register of authorised firms, a contact centre and a list of 'unauthorised' illegal companies likely to rip you off.

    The FSA warns: " If the firm isn't authorised, you won't be able to claim a single penny from the financial services compe

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