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Investing

Updated: 10th September 2020


Great for: Tax-free investing in funds and shares
5 stars question mark
interactive investor logo
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 >

WHAT YOU NEED TO KNOW

  • 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**

WHAT YOU NEED TO KNOW

  • 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: Low-cost deals for active traders
5 stars question mark
Fineco Bank Logo
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 >

WHAT YOU NEED TO KNOW

  • Just £2.95 per trade
  • Up to 50 free trades over first 2 months, offer ends 30 September 2020 (use promo code: FINECO-MF)
  • Easy access to UK and 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, offer ends 30 September 2020 (use promo code: FINECO-MF)
  • Easy access to UK and non-UK shares
  • No annual fee
  • PLATFORM FEE:

    £0
  • Share dealing charge:

    £2.95

WHAT YOU NEED TO KNOW

  • Just £2.95 per trade
  • Up to 50 free trades over first 2 months, offer ends 30 September 2020 (use promo code: FINECO-MF)
  • Easy access to UK and 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
Interactive Investor logo
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. 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 >

WHAT YOU NEED TO KNOW

  • 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**

WHAT YOU NEED TO KNOW

  • 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: Long-term investing in shares
4.5 stars question mark
Hargreaves Lansdown's 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 >

WHAT YOU NEED TO KNOW

  • 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

WHAT YOU NEED TO KNOW

  • 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 stars question mark
Hargreaves Lansdown's 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 >

WHAT YOU NEED TO KNOW

  • 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

WHAT YOU NEED TO KNOW

  • 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: Simple, straightforward share dealing
4 stars question mark

AJ Bell Youinvest is about as simple as an investment platform can be – and investors seem to like it. Launched in 2000, its wealth platform now has 225,000 customers and more than £50bn worth of assets under administration. The site’s easy-on-the-eye design, attractive charging structure and lack of inactivity fees all deserve your attention. This is a top mainstream offering but with plenty to offer active, experienced stock traders as well.

Read full review >

WHAT YOU NEED TO KNOW

  • Competitive dealing fees of £9.95 per share deal
  • Lower dealing fee (£4.95) for those trading more than 10 times/month
  • Clean, easy-to-use platform

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.

* Based on custody charges for shares. Share custody charges max out at £7.50 per quarter.

what we like

  • Competitive dealing fees of £9.95 per share deal
  • Lower dealing fee (£4.95) for those trading more than 10 times/month
  • Clean, easy-to-use platform
  • PLATFORM FEE:

    2.5*
  • Share dealing charge:

    9.95

WHAT YOU NEED TO KNOW

  • Competitive dealing fees of £9.95 per share deal
  • Lower dealing fee (£4.95) for those trading more than 10 times/month
  • Clean, easy-to-use platform

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: Investing savings in shares every month or two
4.5 stars question mark

With no annual platform fee, and by conducting trading during its Countdown Commission offer periods, you’re able to keep costs very low with this account. If you’re keen to trade more frequently than once a month on average, perhaps there are more suitable platforms for your needs. But if it suits you to invest your savings on a set day each month, then I’d highly recommend this platform.

Read full review >

WHAT YOU NEED TO KNOW

  • Competitive £12.50 dealing fee relates to online transactions only; Halifax charges a £25 commission for share-dealing over the phone
  • No monthly fees to use the platform
  • Only £2 per trade using the scheduled investment service
  • Comprehensive Share Centre
  • Online Funds Centre
  • Dividend Diary option where you can see companies due to pay dividends each month

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

  • Highly competitive reduced dealing commission once a month
  • No annual platform charge
  • Flat rate pricing avoids any confusing percentage-based fees
  • PLATFORM FEE:

    £0.00
  • Share dealing charge:

    £12.50

WHAT YOU NEED TO KNOW

  • Competitive £12.50 dealing fee relates to online transactions only; Halifax charges a £25 commission for share-dealing over the phone
  • No monthly fees to use the platform
  • Only £2 per trade using the scheduled investment service
  • Comprehensive Share Centre
  • Online Funds Centre
  • Dividend Diary option where you can see companies due to pay dividends each month

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: investors who prefer simplified fund options.
4.5 stars question mark

It’s hard to ignore BMO’s longstanding history in the market, and for investors, the backing of 200 years’ experience plays a big role in the decision-making process. The BMO Stocks and Shares ISA is a simple product that offers simple choices. While I like a few more options when it comes to fund or trust selections, BMO might just have resolved the investor’s conundrum with its boutique range.

Read full review >

WHAT YOU NEED TO KNOW

  • The annual cost of the investment is £60 + VAT (a total of roughly £72)
  • Dealing charge levied at 0.2% on sales and purchases
  • 10 investment trusts available
  • BMO has been around since 1817

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

  • Upfront disclosure of costs and fees
  • Boutique fund selection
  • Start from as little as £50
  • PLATFORM FEE:

    £72
  • Share dealing charge:

    0.2%

WHAT YOU NEED TO KNOW

  • The annual cost of the investment is £60 + VAT (a total of roughly £72)
  • Dealing charge levied at 0.2% on sales and purchases
  • 10 investment trusts available
  • BMO has been around since 1817

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

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!

WHAT YOU NEED TO KNOW

  • 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

WHAT YOU NEED TO KNOW

  • 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: Experienced investors looking for low costs and a broad international reach
4 stars question mark

For experienced investors who trade frequently, DEGIRO has a lot to offer: global reach, ultra-low costs, and a relatively easy-to-use trading platform that’s now available on mobile. For those who want a little more hand-holding, or who don’t trade so frequently – or globally – then a DEGIRO account will probably have less appeal.

 

Read full review >

WHAT YOU NEED TO KNOW

  • *£2.27 fee per non-UK exchange on which you trade, per calendar year
  • Degiro’s commission is volume-based and exchange-based, so you’ll only ever pay the £2.03 quoted above if you trade exactly £2,000 worth of shares on the London Stock Exchange. Buy or sell a different amount, or on a different exchange, and you’ll pay a different amount. On the London Stock Exchange, the price calculation is £1.75 + 0.014% for a trade, with a maximum of £5 charge.
  • Headquartered in The Netherlands, DEGIRO is subject to Dutch financial regulation, which bars brokers from holding client funds. Investors used to facilities such as dividend reinvestment will therefore find that DEGIRO can’t oblige
  • DEGIRO doesn’t offer tax-advantaged ISA or SIPP accounts
  • The more globally you trade, the more complex the fee structure.

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 trading costs
  • Direct access to wide range of international exchanges
  • Fast, simple trading of shares, ETFs, options, and futures
  • PLATFORM FEE:

    £0.00*
  • Share dealing charge:

    £2.03

WHAT YOU NEED TO KNOW

  • *£2.27 fee per non-UK exchange on which you trade, per calendar year
  • Degiro’s commission is volume-based and exchange-based, so you’ll only ever pay the £2.03 quoted above if you trade exactly £2,000 worth of shares on the London Stock Exchange. Buy or sell a different amount, or on a different exchange, and you’ll pay a different amount. On the London Stock Exchange, the price calculation is £1.75 + 0.014% for a trade, with a maximum of £5 charge.
  • Headquartered in The Netherlands, DEGIRO is subject to Dutch financial regulation, which bars brokers from holding client funds. Investors used to facilities such as dividend reinvestment will therefore find that DEGIRO can’t oblige
  • DEGIRO doesn’t offer tax-advantaged ISA or SIPP accounts
  • The more globally you trade, the more complex the fee structure.

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.