Self Trade Reviews - www.selftrade.co.uk

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★☆☆☆☆
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Latest Reviews

★☆☆☆☆

“Logging in!”

Written on: 21/04/2016 by Keenexf458 (1 review written)

Website not fit for purpose. Impossible to use and logging in is a torture… Read Full Review

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★☆☆☆☆

“Dreadful”

Written on: 06/04/2016 by Medina1974 (1 review written)

Incompetent service. Customer for over a decade. Leaving as soon as possible. Given how awful they are that may be sometime. They need to be investigated urgently by the regulator. If this level of errors and bad service was seen at a high street bank it would be all over the papers. Believe the bad reviews. Do not even think about signing up with this broker. Close your account (if they let you)… Read Full Review

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★★☆☆☆

“Tea and Sympathy”

Written on: 10/02/2016

This is the worst stockbroker I have ever dealt with.They claim to offer an online platform.However this only works for uk stocks.if you try and phone you are stuck in a que and then when you get through you are asked endless security questions. If you complain you are provided with email responses which offer tea and sympathy. The so called customer support team never phone you and do not offer any solutions.definitely not a firm to recommend… Read Full Review

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★☆☆☆☆

“incorrect debits and total lack of customer service”

Written on: 25/11/2015 by 386Costello (1 review written)

1) Emailed them 1 November about a payment they had just taken under a direct debit relating to an account closed down over a year ago. 2) They ignored this apart from a holding reply so I emailed again: "Firstly, it is incredibly rude to ignore my request for a reply. Perhaps you could do so now? You say this payment that you took from my Barclays account relates to [ ]I don't recognise that number - the only Selftrade account I am aware of is [ ] but this is linked to a Nationwide… Read Full Review

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★★☆☆☆

“Losing a longstanding customer”

Written on: 18/09/2015 by RR1957 (1 review written)

I have been with Selftrade for many years with very substantial accounts but I have now decided to move everything elsewhere. We needed to move securities between accounts and were trying to move some in from another broker but it ha been a chapter of neglect and errors. Things just don't happen, never any proactive communication and they have lost my instructions and I have just given up. The website is not attractive or easy to use, no limit orders anymore, long delays producing the tax… Read Full Review

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★☆☆☆☆

“Making errors with my money”

Written on: 03/09/2015 by DavidHB (1 review written)

I am still trying to resolve two serious issues with Selftrade. 1. I instructed them to transfer shares from another provider to Selftrade and they instructed the other provider to sell them! Issue not yet resolved. 2. I placed a limit order for 893 pence (GBX) and it converted that into 8.93 pence (GBX). They tell me I entered the data wrongly, but it tested the system again and it converted the 893 to 8.93. Consequently I missed a purchase. Issue still not resolved. Think I am off to… Read Full Review

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★☆☆☆☆

“Hopeless!”

Written on: 12/08/2015 by Coyleqq168 (1 review written)

I have been incredibly patient with Selftrade though all their troubles and I hoped that the Equiniti move would signal real improvements. It basically does everything we want if they could only just deliver the basic service. My current beef is that we want to finalise our tax returns but Selftrade can't produce last year's tax numbers covering the period after the transfer to Equiniti. They keep setting deadlines by which they will sort this and then just don't. Nor do they communicate… Read Full Review

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★☆☆☆☆

“Transfer of accounts ”

Written on: 01/08/2015 by stcuthbert (1 review written)

We had been a customer of Com Direct(taken over by Selftrade) for many years and received acceptable service for the fees we paid. I was skeptical about the transfer to Equiniti since they were not online brokers! I was proved correct since the on line web site of Equiniti was rubbish!I decided to transfer our accounts to Hargreaves Lansdown since their Web site was very good. the service they provided was also excellent and the financial information exceptional. However the transfer by… Read Full Review

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Alexsurrey's Response to stcuthbert's Review

Written on: 15/10/2015

I too have been a customer of Com Direct, however during the period when it traded as Selftrade but before its takeover by Equiniti my wife and I suffered numerous problems. The most serious was when for a period of months my wife could not access her account. Selftrade tried to put the blame on our computer set-up until they were forced to admit it was a system fault - Equiniti were already responsible for the IT work. Nothing changes. My wife requested that her ISA be transferred and after nine weeks it still had not been completed. It was pointed out that such transfers should be completed withing 6 weeks (actually 30 working days) - Selftrade tried to claim that the period is 40 days - even so that limit had already been exceeded!!
I agree with the advice: get your transfer in place soon but prepare for a long wait.

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★☆☆☆☆

“site down writing this instead of buying”

Written on: 31/07/2015 by HaydenBaxter (1 review written)

29/07/15 Website slowing down over past weeks Now its down completely. ST don't know how long for, Had moved wifes portfolio to iii portfolio some Months ago. Left mine hoping they would improve Now its my turn, can't take it anymore. The trouble is they take ages to complete transfer supposedly due to the number of emigrators… Read Full Review

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★★☆☆☆

“Can't Purchase Shares”

Written on: 30/07/2015 by GeoffGrump (1 review written)

We have 2 ISA accounts , both have cash available but can't buy shares as cash is on both shown as 0. I guess all accounts are stuck. I have sent them secure email but will be surprised if they respond I finally decided to write review as previously it took 12 weeks to transfer funds into Selftrade from another ISA. After 6 weeks wait they told me they had asked for funds so I believed hem, I phoned the supplier no record. Selftrade insisted they had. Finally they admitted they hadn't, and… Read Full Review

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Geoffgrump's Response to GeoffGrump's Review

Written on: 30/07/2015

Well got a really nice reply from Selftrade , now can trade, not sure but it may have been my fault as it appears that I was in Dealing Account not ISA.

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★☆☆☆☆

“Diabolical service from Selftrade / Equiniti”

Written on: 21/07/2015 by 451George (1 review written)

I Have been with Selftrade for many years but since being taken over by Equiniti all aspects of the service has been diabolical. I have now started the process of transferring my shares to a different stock broker but even this is taking an excessive amount of time due to Selftrade/Equiniti. From Equiniti taking over you have 1 year to transfer free of any charges. I would advise all to seriously consider transferring your shares now before you encounter charges from this dis-functional… Read Full Review

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★☆☆☆☆

“Appalling website and dire (=non-existent) customer...”

Written on: 11/07/2015

Still trying to get tax certificate for 2014-15 three months on. Cannot trade limit orders as was possible in old Selftrade days. Letter to MD goes unanswered. This company ought to be suspended by regulators… Read Full Review

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★☆☆☆☆

“Terrible, terrible service and website”

Written on: 29/05/2015 by 482Harvey (1 review written)

This company is just not fit for purpose. Everything is a total headache, they lose documents, the website is just terrible. I was applying for a mortgage and they don't even have a function to print a statement of account with your name on it etc. I had to call them so many times just to get this sent to me and what was sent was just pathetic I am surprised the mortgage company accepted it as proof. AVOID, go with a site like Hargreaves Lansdown instead, MUCH more professional, good website… Read Full Review

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Kw1507's Comment

Written on: 03/07/2015

Agree, like many forced down this line from old comdirect account. Will be moving, just don't trust them to get it done!

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★☆☆☆☆

“If I Could Award No Stars I Would”

Written on: 20/04/2015

I was a customer of this company for many years beginning when they were known as Comdirect. I was very happy until this dreadful transfer to Equiniti. I found the dealing platform was painfully slow to load. (In answer to a previous post I believe that they did not use the same platform as Selftrade is that Selftrade did not own the software). I initiated the transfer process to another broker at the beginning of February and it looks like it has finally been completed. Only around 11 weeks!… Read Full Review

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Sunking40's Comment

Written on: 19/06/2015

You were lucky. You got away from Equinity. iWeb sent my request for transfer on 1st May 2015, They got valuation for the dealing account, but Equinity lost the ISA transfer request. A month later iWeb asked me 'do I want this transfer done or not', as they have not heard from Equinity. Equinity lost the paper work, so I asked iWeb to send a certified copy to them, they have yet to receive.
At least Equinity can do two things, forget account maintenance charges, until they finish the transfer and inform via secure post, the progress of my transfer.
This is vital, as I am transferring all four family accounts, and a CTF. It takes them more than two weeks to transfer Cash out of CTF, which should have been done in minutes.

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★☆☆☆☆

“Completely "lost the plot".”

Written on: 13/04/2015 by Riley458 (1 review written)

We have been with them for approx 10yrs & have been trying to get paperwork for 4 dividend notifications since Xmas which were never posted but only emailed. I have rang several times, emailed several times & written toCustomer Service Manager, three times. No response. Still no missing paperwork. As it is now more than 90 days it does not show up on our accounts to print a copy. I now get no emails about dividend or corporate actions, only paperwork from Worthing instead of London. The other… Read Full Review

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★☆☆☆☆

“Incompetence on a grand and recurring scale”

Written on: 13/04/2015 by Dobsonof192 (1 review written)

Went through all this KYC hassle with selftrade even though I had been with the original comdirect offering. Fine even though it was intrusive and the requirements changed. They blocked my account and then finally unblocked it. I then went onto the site to take up the ISA allowance. I have an existing ISA with them. They rejected the funds for no apparent reason. I went to another provider to set up an ISA. They told me that the funds in my source account with a 3rd party bank had been… Read Full Review

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★☆☆☆☆

“Not worth even one star”

Written on: 11/04/2015 by desafinado (2 reviews written)

The worst company I have ever dealt with. When something goes wrong when trading - which is often - they don't answer secure emails. They now answer the phone fairly quickly - a few months ago you could wait half an hour - but their staff fob you off and almost never return promised calls. I could go into a huge amount of detail about specific problems but won't. They are either totally incompetent or totally indifferent to their customers. Or both. I have an official complaint pending which is… Read Full Review

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★☆☆☆☆

“Soooo slow and such bad design”

Written on: 05/04/2015

I've given Selftrade a month or two to bed down following the transfer over to Equinit but I have to say that nothing seems to be getting any better after a terrible start. My main complaint is that the site it TERRIBLY slow so forget about it if you want to trade something quickly because logging in alone can take 3 or 4 minutes. Generally I find that loading a portfolio report takes several attempts and often over a minute. It's even slow at the weekends when no one will be trading. A lot… Read Full Review

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Thmorris's Comment

Written on: 09/04/2015

I fully endorse your comments. I also thought things might get better after 2 to 3 months but the site speed is still as slow as ever and I still can't read any secure messages or contract notes. I have traded 3 times this year. Each time took 40 mins to complete with the loading time of each screen the reason.

I'm afraid I have now given up and have initiated a transfer to AJ Bell for both ISA and dealing account. I took the precaution of doing a screen capture of the balance in both accounts before doing this. I have also been doing screen captures when trades are complete as I know that I won't be able to read or download the contract note.

If Equiniti don't get a grip on this soon they'll find that they have spent good money for a ready made customer base that subsequently walks out the door due to all the problems. My only concern now is that they'll screw up the transfer process as well.

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★★☆☆☆

“Is Selftrade.co.uk the worst?”

Written on: 15/03/2015 by 82Monaghan (1 review written)

Performance of online broker Selftrade.co.uk. Website design and online presence: very poor. To give only 1 example from 12 March 2015 (I can provide evidence with screenshots): 1) I went to Prices & Quotes/ETPs/ETFs to look up some exchange traded funds. Compared the font size of "Prices & Quotes" to the font size of the ETF names. Can you see anything without damaging your eyesight? The font size used for the ETF list is far too small. 2) There I click on the first ETF: Amudi with symbol… Read Full Review

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★☆☆☆☆

“Worst Platform & Navigation ”

Written on: 13/03/2015 by JuneBoone496 (1 review written)

Since the transfer of selftradr to Equinti, I have been most disappointed with their platform & navigation. It is almost impossible to see the information that was previously well designed under old selftrade site Emailed their customer service but seems no one cares what their customers think … Read Full Review

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