Summary: The best and easiest way to buy stocks with a Bank of Scotland account is by going through share brokerage platform like eToro. On eToro you users can invest in stocks, ETFs, commodities, indices, currencies and cryptocurrencies. eToro also offers 0% commissions on stocks and ETF trades.
Can I buy Shares on Bank of Scotland?
Yes, you can buy stocks directly on the Bank of Scotland platform but we recommend going through a professional share brokerage platform. Bank os Scotland charges high fees including account fees, administrative fees, high forex fees, trading fees and more.
When you use a secure and legitimate share brokerage like eToro, you wont have to pay any of those unnecessary fees. On eToro you get free and instant GBP, EUR, AUD & USD deposits plus 0% commissions on stocks and ETFs. Plus there are no administrative or account fees.
How to buy Shares with a Bank of Scotland account
The most secure and affordable way to invest in stocks with a Bank of Scotland account is by going through the eToro exchange. In the below method we will show Bank of Scotland users how to buy stocks via Debit/Credit card but you can also choose to deposit via Bank Transfer. Follow the steps to get started.
- Sign up to eToro and complete the verification/questionnaire.
- Tap 'Deposit Funds' and select 'Credit/Debit card', then enter your details.
- Search for the stock you want to buy in the search bar at the top of the page.
- Enter the amount you want to invest and click ‘Set Order’.
What is Bank of Scotland share dealing?
Bank of Scotland offers a stock-investing feature that allows users to invest in a select amount of stocks and shares. Customers can invest in ISA and general investment accounts plus a self-invested personal pension too. When you purchase the stocks and shares ISA, you're allowed to invest up to your annual ISA allowance without paying tax on your profits.
However, as previously mentioned the platform is not recommended to use as it has much higher fees than traditional brokers and not even remotely close to as many assets as eToro.
About Bank of Scotland
Bank of Scotland is a leading financial institution in the United Kingdom. It offers a wide range of banking and financial services to personal, business and corporate customers. Bank of Scotland has been operating since 1695 and is one of the oldest banks in the UK. It was founded by an Act of Parliament and received its Royal Charter from King William III. The bank's first headquarters were in Edinburgh, where it remains today. It is also a subsidiary of Lloyds Banking Group.
The bank offers a wide range of personal banking products and services, including savings and current accounts, mortgages, loans, credit cards and insurance. The bank also offers business banking products and services, such as business accounts, loans and overdrafts.