Written on: 27/04/2013
The list of problems I have had with lloyds seems endless the best way I think is to list but a few. The worst thing I think is the dealing part as it is set up giving very little information on the platform and seems to have different rules to all other traders and higher and lower prices depending on if you are buying or selling and is consistantly the worst deal on the market!you used to be able to track this on the site and see for yourself that you were getting a bum deal but with... (read more)
Written on: 19/03/2012 by MWID
Only a real novice would buy shares on the lloyds tsb share dealing service. I was such a novice, and it's been an expensive education! Start with the 15 quid transaction charge - that's 15 quid every time you buy or sell shares. Say you are selling 500 quid of shares, that means you can knock 30 quid off your profits for starters. For 500 quid, a 10% increase in value would be regarded as phenomenal performance in the market - but Lloyds are already nicking 6% of your investment. Nice. So... (read more)
Written on: 02/11/2010
Lloyds TSB should not be allowed to provide this service if they are turning into a government/tax payers' owned bank. Had a corporate action recently and they failed to inform the last payment date or providing the complete schedule of CAs. As a result, I missed the Corporate Action completely and lost £2k for their ineffectiveness. Basically, Im paying them periodically for a rubbish service.
If you want to keep them, just remember that you have your shares there but the rest of the... (read more)
Written on: 10/03/2010
Easy to understand. Great watchlist system - you can set up stock to keep an eye on and receive email and text message updates. (read more)
Written on: 02/11/2009
Always having trouble loggin on,slow,expensive considering lack of service and dont return calls,usuall story ,happy to take your money and unconcerned about giving a crappy service in return,simple request let me log in and execute order shouldnt be to hard,but obviously is.Maybe some sort of penalty for poor service would improve it abit (read more)
Written on: 02/11/2009 by karima (1 review written)
I have a share portfolio in a Lloyds TSB nominee account and have not been able to trade since the twentythird of October because of an IT error.
Until an hour ago I couldn't sell, couldn't buy, so the capital tied up was unavailable to me. No apologies, I had to do all the phoning.
It is solved now they told me.
If I had known their was a risk of such incompetence, I would not have used Lloyds TSB share dealing. (read more)
Written on: 05/05/2009 by stormnorm
Lloyds TSB sharedealing should not be allowed to be in business, really. Today again their service is unavailable, lost lots of money, or possible profit due to not being able to put trades through, quite appaling. (read more)
Written on: 01/05/2009 by gary bowden (1 review written)
Spent one day ringing Lloyds but they hd technical difficulties. That lasted all day! Rang again today to purchase shares, again difficulties and not sure if transaction went through. This had taken a good half hour on the phone. Their agent tells me he will put a call back as priority and ring me within 3 hours? Still waiting for call back 12 hours later. I assume they either can't be bothered or are to incompetent to do wht they promised. I rate them at a complete zero nd thats being... (read more)
Written on: 06/04/2009
I could not disagree more with the other reviewer. I have had a dealing account with Lloyds TSB for the past 3 years and it's steadily got worse. It suffers from 'technical difficulties' all too frequently, making it impossible sometimes to even log on..let alone execute a trade. At other times it just 'hangs' when you are attempting to trade. There's nothing wrong with my PC and Lloyds have always acknowledged that it is a problem at their end. Apologies are of little use when you lose... (read more)
Written on: 21/11/2008
I use 4 online stockbrokers. Beside Lloyds TSB stockbrokers, Barclays looks cheap and cheerful but always does the job in the end...albeit at times only after you swear at it a bit. Waterhouse is a serious contender for Lloyds in the areas of information on broker sentiment and financials. But its colour scheme is bilious, its layout and general organisation is rather like North American cars - solid, reliable, a long way behind the times, and in the end rather sad looking, if not pathetic.... (read more)
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