Online share dealing (or online share trading) is far simpler than most people think.
Conventionally people trade shares through their banks, building societies and stock brokers who can also offer advice.
By the end of 2006 766,540 people had reportedly traded shares online and it has become almost as common as offline share dealing.
Online share dealers use websites to buy and sell shares and these websites are still usually affiliated with a bank or business society.
Choosing a Broker You may find that one online share dealing website has lower administration charges than another, as all brokers vary.
The type of share dealing which non-professionals do online is called 'execution only' trading and it means that whatever a share dealer buys or sells is their responsibility.
Bear in mind that shares can decrease in value as well as increase so there is always a risk involved.
Choose a reputable broker who you can communicate with easily, who doesn't overcharge you for using their services.
Costs You will be charged 0.
5% Stamp Duty on any shares you purchase which is a government tax.
You might also be charged a fixed transaction fee each time you make a trade and could also be charged for account management and administration.
Trading Checklist

• Get a fast internet connection; broadband is ideal
• Keep security up-to-date such as anti-virus software and also use an acceptable browser for your chosen broker
• Ensure you've chosen a reputable stock broking service provider and be clear on what cost using it will incur
• Avoid spread betting as it is especially risky, don't take unnecessary risks