The Lloyds Banking Group plc share price has had a torrid history and we don’t have to look too far back in time to see the historic heights the share price once reached, which was nearly £10 per share in 1999 and a touch under £6 in 2007, before the mighty credit crunch resulted in the infamous bailout of 2009. The government has recently withdrawn its plans to sell its 9.1% stake to the public as a retail sale and will sell them via a trading plan.
With over 71 billion shares in issue, it might be deemed unlikely that the share price will ever reach those historical highs again, however, the number of shares does mean that there are a lot of people out there who either own this stock or who might be thinking of purchasing them.
Whether you bought this stock before the bailout and still want to cover your eyes every time you see the post crunch share price, or you are a more recent investor in the stock, buying Lloyds in slightly more normal times, or you are one of those future potential investors in this stock, then you may not realise that you might be missing an opportunity to save some money when you do trade this stock.
You will need to consider whether your current or potential stock broker is offering the best rates of commission?
Our CFD comparison table and stock broker comparison table can show you the commission charges and commission fees for trading, so you can quickly see which broker might offer the best for you. Here you will find a list of some of the best stock brokers for UK residents and find links to detailed, expert and user reviews for brokers like IG and Hargreaves Lansdown.
These reviews are easy to read and will give you an idea of the pros and cons of each trading broker before you sign up for an account.