Good for large balances but watch out for dividend reinvestment charges

Originally, I was attracted to the Alliance Trust Savings platform for its stocks & shares Isa because it charges a flat fee rather than siphoning off a percentage of the balance. The fees have been ratched up to £7.50 a month, but this can still work ... Read more

Originally, I was attracted to the Alliance Trust Savings platform for its stocks & shares Isa because it charges a flat fee rather than siphoning off a percentage of the balance. The fees have been ratched up to £7.50 a month, but this can still work out well for larger balances. The platform works fine, it's easy to trade and check valuations, but it doesn't have as many bells and whistles as competitors like Hargreaves Lansdown. What took my by surprise is that ATS charges £5 every time it reinvests dividends, and it sets the threshold at £100 before any automatic reinvestment takes place. This means you face a choice between frequent chunky charges, or letting your dividends sit around in cash for ages.

Reviewed on 12th April 2017

Faith A.

shares made easy

Thought about buying some shares as you do over a bowl of cornflakes! Went in and the staff was really friendly gave me lots of information showed me the pros and cons risks and potential rewards. I was made very welcome and the whole introduction to... Read more

Thought about buying some shares as you do over a bowl of cornflakes! Went in and the staff was really friendly gave me lots of information showed me the pros and cons risks and potential rewards. I was made very welcome and the whole introduction to share investing was laid easy

Reviewed on 24th December 2016

Heart Hearty

A good place to do business.

When I first started doing business in stocks and shares I knew nothing of what to do and how to do it. I contacted this company and they helped me step by step to know the ins and out of

Reviewed on 14th April 2015

Liesel

Very efficient

They're very efficient and innovative.

Reviewed on 14th April 2015

tori

I have always had wonderful experiences with this company

From the first time that I began using Alliance Trust Stocks and Shares, it has been a pleaseant experience. they have a very knowledgeable and friendly staff who are always there to help you with all of your needs. i would recomend this service to... Read more

From the first time that I began using Alliance Trust Stocks and Shares, it has been a pleaseant experience. they have a very knowledgeable and friendly staff who are always there to help you with all of your needs. i would recomend this service to anyone!

Reviewed on 13th April 2015

Jim Hufnagel