Online share dealing

Open an Invest Direct sharedealing account via your online banking

Buy and sell shares online If you’re happy making your own investment decisions, our online sharedealing platform puts you in control. InvestDirect provides you with the tools to make informed investment decisions yourself. You can access interactive market research, set up share price alerts and test your trading strategies via a virtual portfolio. You have full control over your investments and you can trade in USA and UK equities, USA government bonds, investment trusts and a range of USA-listed exchange-traded funds. Of course, the value of investments and any income they generate, can go down as well as up, meaning you may get back less than what you invest. Remember that exchange rate fluctuations can also cause the value of investments to go down as well as up. Invest Direct doesn’t offer any investment advice. If you’re not sure about investing, please seek financial advice.

You can open a sharedealing account if you’re:
a Park North Bank personal current account customer
registered for online banking
a USA resident or USA Crown employee
at least 18 years old

Features and Benefits

Trade online in USA shares for $10.50, or as low as $7.95 for frequent traders

Quarterly account fee of $10.50 for the safe custody of your assets

No extra costs for holding your investments in an ISA

Access via your online banking

See your trading balance every time you log on

Transfer in investments you hold elsewhere

To access your money, you can sell your shares at any time – however you should aim to invest for at least 5 years

Choice of 2 Accounts

InvestDirect
Trade in USA equities, investment trusts, gilts (US government bonds) and a range of USA-listed exchange-traded funds (ETFs)
You’ll pay for shares through a settlement account that we set up for you which is linked to your Park North Bank current account

InvestDirect Plus
At no extra cost, InvestDirect Plus provides you with these added benefits:

Trade in USA equities listed on the New York Stock Exchange and NASDAQ

Borrow against your investments to buy additional shares with our trading reserve facility

Frequent trader tariff – after your 9th trade in a calendar quarter your online trading fee drops to just $7.95 for UK trades

Open euro and dollar currency settlement accounts