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Investing

Updated: 14th April 2020


Great for: Tax-free investing in funds and shares
5 stars question mark
Interactive Investor Stocks & Shares ISA
Apply Now!

On Interactive Investor's Secure Website

* Affiliate partner

Interactive Investor is one of the leaders in online share dealing, and a good choice for long-term investors. Its platform gets high marks from investors for how easy it is to use and it’s well-liked for its flat-fee pricing. As of 1. June 2019, Interactive Investor customers get a choice of three subscription models that offer different levels of monthly fee in exchange for dealing fees that go as low as £3.99. It takes some thought to choose the right plan, but it may be time well spent, as Interactive Investor’s model can save some investors a good chunk of cash. Plus, customers that already use ii for a trading account won’t have to pay an additional platform fee for their ISA.

Read full review >

HIGHLIGHTS

  • Invest up to £20,000 in a tax free account
  • One £7.99 trading credit per month
  • No custody fee on fund holdings

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this product depends on your personal circumstances. Tax rules are subject to change.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

** Reflects the ‘Investor’ pricing plan. Fees for other plans differ. See our full review for more information.

what we like

  • Invest up to £20,000 in a tax free account
  • One £7.99 trading credit per month
  • No custody fee on fund holdings
  • PLATFORM FEE:

    £9.99**
  • Share dealing charge:

    £7.99**

HIGHLIGHTS

  • Invest up to £20,000 in a tax free account
  • One £7.99 trading credit per month
  • No custody fee on fund holdings

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Long-term investing in shares
5 stars question mark
HargreavesLansdown_Logo
Apply Now!

On Hargreaves Lansdown's Secure Website

* Affiliate partner

Hargreaves Lansdown is the UK’s market leading share dealing broker, providing easy access to an extensive range of funds, ETFS, UK and overseas shares. HL offers a robust service with an easy-to-use website and plenty of free information to help make your investment decisions. In our view, the ‘Fund and Share’ account is great choice for long-term share investors looking to manage their portfolio online.

Read full review >

HIGHLIGHTS

  • Market-leading platform
  • No annual fee for holding shares & ETFs
  • Lower share dealing fees if you trade more often

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

what we like

  • Market-leading platform
  • No annual fee for holding shares & ETFs
  • Lower share dealing fees if you trade more often
  • PLATFORM FEE:

    £0
  • Share dealing charge:

    £11.95

HIGHLIGHTS

  • Market-leading platform
  • No annual fee for holding shares & ETFs
  • Lower share dealing fees if you trade more often

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Tax-free investing in funds and shares
4.5 stars question mark
Apply Now!

On The Share Centre's Secure Website

* Affiliate partner

With The Share Centre’s Self-select Stocks & Shares ISA account, investors choosing the ‘frequent dealing option’ get an attractive £7.50 trading fee and avoid nasty back-end fees like those on fund custody and dealing in overseas shares. That could make it a great choice for investors that trade more often and invest abroad. On the other hand, the account’s fee structure does make it less attractive for investors that trade very infrequently.

Read full review >

HIGHLIGHTS

  • Invest up to £20,000 in a tax free account
  • No extra charges for trading non-UK shares
  • Feature-rich platform that offers research and data

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this product depends on your personal circumstances. Tax rules are subject to change.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

** Reflects mandatory £5 monthly platform fee and optional £24 per quarter frequent dealing option. *** Reflects frequent dealing option.

what we like

  • Invest up to £20,000 in a tax free account
  • No extra charges for trading non-UK shares
  • Feature-rich platform that offers research and data
  • PLATFORM FEE:

    £13**
  • Share dealing charge:

    £7.50***

HIGHLIGHTS

  • Invest up to £20,000 in a tax free account
  • No extra charges for trading non-UK shares
  • Feature-rich platform that offers research and data

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Low-cost deals for active traders
4.5 stars question mark
Fineco
Apply Now!

On FinecoBank's Secure Website

* Affiliate partner

FinecoBank is a new kid on the block in the UK and they’re making a splash. The service is highly competitive on share-dealing price at just £2.95 per trade and offers particularly attractive rates for investors buying shares outside of the UK. In this multi-currency account, you can also trade directly in many local currencies. Better still, there’s no platform fee. For 50 free trades over the first two months, use promo code FINECO-MF!

Read full review >

HIGHLIGHTS

  • Just £2.95 per trade
  • Up to 50 free trades over first 2 months (use promo code: FINECO-MF)
  • Especially good for trading non-UK shares
  • No annual fee

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

what we like

  • Just £2.95 per trade
  • Up to 50 free trades over first 2 months (use promo code: FINECO-MF)
  • Especially good for trading non-UK shares
  • No annual fee
  • PLATFORM FEE:

    £0
  • Share dealing charge:

    £2.95

HIGHLIGHTS

  • Just £2.95 per trade
  • Up to 50 free trades over first 2 months (use promo code: FINECO-MF)
  • Especially good for trading non-UK shares
  • No annual fee

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Long-term investors, fund-focused investors
4.5 stars question mark
Apply Now!

On Interactive Investor's Secure Website

* Affiliate partner

OUR BOTTOM LINE

Interactive Investor is one of the leaders in online share dealing, and a good choice for long-term investors. Its platform gets high marks from investors for how easy it is to use and it’s well-liked for its flat-fee pricing. As of 1. June 2019, Interactive Investor customers get a choice of three subscription models that offer different levels of monthly fee in exchange for dealing fees that go as low as £3.99. It takes some thought to choose the right plan, but it may be time well spent, as Interactive Investor’s model can save some investors a good chunk of cash.

Read full review >

HIGHLIGHTS

  • One £7.99 trading credit per month
  • Easy to use platform that investors love
  • No custody fee on fund holdings

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

**Reflects the ‘Investor’ pricing plan. Fees for other plans differ. See our full review for more information.

what we like

  • One £7.99 trading credit per month
  • Easy to use platform that investors love
  • No custody fee on fund holdings
  • PLATFORM FEE:

    £9.99**
  • Share dealing charge:

    £7.99**

HIGHLIGHTS

  • One £7.99 trading credit per month
  • Easy to use platform that investors love
  • No custody fee on fund holdings

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Tax-free investing in funds and shares
4 stars question mark
HargreavesLansdown_Logo
Apply Now!

On Hargreaves Lansdown's Secure Website

* Affiliate partner

Hargreaves Lansdown is the UK’s market leading share dealing broker, providing easy access to an extensive range of funds, ETFS, UK and overseas shares. HL offers a robust service with an easy-to-use website and plenty of free information to help make your investment decisions. For investors looking to maximize tax efficiency on an easy-to-use platform, Hargreaves could be a great choice.

Read full review >

HIGHLIGHTS

  • Invest up to £20,000 in a tax-free account
  • Market-leading platform
  • Lower share dealing fees if you trade more often

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this product depends on your personal circumstances. Tax rules are subject to change.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

** Account fees based on assumed account holdings for comparability. Your individual charges may differ.

what we like

  • Invest up to £20,000 in a tax-free account
  • Market-leading platform
  • Lower share dealing fees if you trade more often
  • PLATFORM FEE:

    £3.75**
  • Share dealing charge:

    £11.95

HIGHLIGHTS

  • Invest up to £20,000 in a tax-free account
  • Market-leading platform
  • Lower share dealing fees if you trade more often

 

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Active investors, investing overseas
3.5 stars question mark
Apply Now!

On The Share Centre's Secure Website

* Affiliate partner

The Share Centre strikes a nice balance between providing a feature-rich platform and still offering competitive trading fees for investors that trade regularly and pay for the ‘frequent dealing option’. It may be especially attractive for investors interested in overseas shares, as there are no extra fees for trading non-UK shares. Due to the fee structure, this account may not be a great fit for investors that trade very infrequently.

Read full review >

HIGHLIGHTS

  • £7.50 per trade for those paying the 'frequent dealing option'
  • No extra charges for trading non-UK shares
  • Feature-rich platform that offers research and data

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

* This is an offer from one of our affiliate partners. For more information on why and how we work with partners, click here.

**Reflects frequent dealing option. ***Reflects mandatory £2 monthly platform fee and optional £24 per quarter frequent dealing option.

what we like

  • £7.50 per trade for those paying the 'frequent dealing option'
  • No extra charges for trading non-UK shares
  • Feature-rich platform that offers research and data
  • PLATFORM FEE:

    £10***
  • Share dealing charge:

    £7.50**

HIGHLIGHTS

  • £7.50 per trade for those paying the 'frequent dealing option'
  • No extra charges for trading non-UK shares
  • Feature-rich platform that offers research and data

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Tax-free investing in funds and shares
4 stars question mark
AJ Bell

As a challenger to the share-dealing industry leaders, AJ Bell has made a splash by offering a platform that’s competitive on fees, while offering the stability and reliability that investors like to see. That makes the broker’s stocks and shares ISA a consideration for investors looking for an alternative to the market leaders.

Full AJ Bell Stocks and Shares ISA review coming soon!

HIGHLIGHTS

  • Invest up to £20,000 in a tax free account
  • Lower-than-average dealing charges

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this product depends on your personal circumstances. Tax rules are subject to change.

*Account fees based on assumed account holdings for comparability. Your individual charges may differ.

what we like

  • Invest up to £20,000 in a tax free account
  • Lower-than-average dealing charges
  • PLATFORM FEE:

    £2.50*
  • Share dealing charge:

    £9.95

HIGHLIGHTS

  • Invest up to £20,000 in a tax free account
  • Lower-than-average dealing charges

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Extreme low-cost trading
4 stars question mark
Degiro-Logo

Yes, the share dealing cost really is rock bottom with DEGIRO. You don’t get the user-friendly, robust service with fundamental research that you do with others like Hargreaves and Fineco, but if you’re looking for low, low trading costs, DEGIRO could be a match.

HIGHLIGHTS

  • Ultra-low dealing fees
  • Great choice for non-UK shares

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

what we like

  • Ultra-low dealing fees
  • Great choice for non-UK shares
  • PLATFORM FEE:

    £0.37
  • Share dealing charge:

    £2.19

HIGHLIGHTS

  • Ultra-low dealing fees
  • Great choice for non-UK shares

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.

Great for: Fund-focused, long-term investors
4 stars question mark
HALIFAX

If you are a frequent trader, the higher share-dealing fee at Halifax could be a bit painful. But for long-term focused investors that don’t trade very often, the lack of an annual account fee or custody fee on funds can be a nice benefit.

HIGHLIGHTS

  • No annual account fee
  • No custody charges for fund holdings

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks.

what we like

  • No annual account fee
  • No custody charges for fund holdings
  • PLATFORM FEE:

    £0.00
  • Share dealing charge:

    £12.50

HIGHLIGHTS

  • No annual account fee
  • No custody charges for fund holdings

DISCLAIMER

The value of your investments can go down as well as up and you may not get back all the money you put in. All investments carry a varying degree of risk and it’s important you understand the nature of these risks. Remember that taxes can be complicated and the tax benefits of this, or any, product depends on your personal circumstances. Tax rules are subject to change.