This page covers the tools and resources that I use to trade the stock market. However, you should check whether each product is for you or not first as your trading and investing goals may be different to mine.
SharePad & ShareScope Pro
I’ve been a client of Ionic Information since 2017 when I signed up for its SharePad Pro product and upgraded to ShareScope Pro.
ShareScope Pro is a professional-level Windows program that can be adapted to meet your needs. I use it to run my intraday charts, Level 2 screens, and have intraday filters and alerts. I also get my RNS feed from ShareScope Pro which I filter and colourise for increased effectiveness. For anyone wanting to run a trading platform on several screens this is the product you need.
Click the button below for more information and a risk-free trial (worth up to £115).
SharePad is the product I use to do my charting after the market close and filter for stocks. It’s browser-based, and also offers a Pro upgrade with Level 2 and intraday charting.
Most traders will find SharePad Pro suits their needs perfectly, and it also offers the colouring and filtering on the RNS feed which I helped to introduce.
Click the button below for more information and a risk-free trial (worth up to £67).
I have been a client of IG Index since 2016.
IG Index was founded in 1974 and is a spread bet and CFD (Contract For Difference) provider in the UK and other countries. It also offers share dealing and Individual Savings Accounts (ISAs). It is listed on the London Stock Exchange with the EPIC code: IGG.
I have ISA accounts, a spread bet account, and CFD accounts with IG Index.
Use the links below to open your accounts:
Spreadex is a spread betting company that specialises in small-cap stocks in the UK. I’ve been a client since 2017.
Hargreaves Lansdown was founded in 1981 by Peter Hargreaves and Stephen Lansdown, and having been listed since 2007 they are a trusted and established UK stockbroker.
Hargreaves Lansdown is able to offer fill or kill orders, and set up limit orders to both buy and sell. This means that one does not have to be at the desk in order to trade, as we can set the price and number of shares we wish to deal at. This can be helpful for swing traders and those who have a full-time job.
I’ve been a member of Stockopedia since 2016, and the product offers a StockRanks system which ranks stocks based on the business’s quality, value, and momentum.
Stockopedia also offers plenty of editorial content, which can be useful for me as a trader skimming for ideas. In particular, the Small Cap Value Report edited by my friends Paul and Jack is worth checking out.
ShareSoc is a not-for-profit membership organisation, created by and for individual investors. It aim to help improve your investment experience and to represent your interests wherever this is needed.
ShareSoc does this by providing information and education, by promoting your rights to companies and by seeking to influence government and regulatory policy.
I am a full member and support the work of ShareSoc in improving the landscape for private investors.
Steve Clapham runs Behind The Balance Sheet and offers training to institutions and retail investors (visit Steve’s website).
Tamzin Freeman runs PI World with Tim French who offer excellent company presentations and investor interviews – including one of me (visit PI World’s website).
Mello Events is run by David Stredder and his team who provide conferences to companies to meet private investors. I am a regular speaker there and it is a great event (visit Mello Event’s website).
Spread betting and CFDs are advanced instruments that come with a high risk of loss due to leverage.
76% of retail investor accounts lose money when trading spread bets and CFD with IG Index.
You should decide whether this is a risk you want to take when trading spread bets and CFDs, and you should never trade with capital you cannot afford to lose.
This article includes affiliate links and so the website may receive compensation from IG Index.