Brokers provide three main levels of service and the one you choose will depend on the level of autonomy you want over your investment decisions. You can search over the hundred member firm brokers partnering with London Stock Exchange below.
Only use your broker to buy and sell shares with no provision of advice about the suitability or risks associated with your investments. This service is best suited to experienced investors aware of their investment’s strategies.
In this case, you will receive advice about which securities to buy or sell. However, your broker won’t be allowed to trade without your prior permission. You will spend time with your broker discussing your objectives but ultimately investment decisions rest with you.
Finally, a discretionary account gives complete authority to your broker to buy and sell shares on your behalf. Prior to any investing decision, you will discuss thoroughly your needs and risk profile. Brokers will then send regular reports about what’s in your portfolio and how much it is worth.