Can you really invest with just £1?
26 Apr 2024
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Interactive Investor offers three monthly subscriptions. There's no difference in fees whether you're investing in a stocks and shares Isa or a general investment account.
Plan | Ongoing charges | Fund trading | Share/Exchange-traded funds trading |
---|---|---|---|
Essential (0 free trades/month) | £4.99/month | £3.99 | £3.99 for UK/US shares (£19.99 for other international shares) |
Investor (1 free trade/month) | £11.99/month | £3.99 | £3.99 for UK/US shares (£19.99 for other international shares) |
Super Investor (2 free trades/month) | £19.99/month | £3.99 | £3.99 for UK/US shares (£5.99 for other international shares) |
We've estimated the cost of investing over the course of a year in an Interactive Investor stocks and shares Isa. We assumed you're on its 'Essential' plan and will make four purchases and four sales each year, spread out over different months.
Costs will vary depending on how much you invest, and whether you trade funds or shares.
£5,000 | |
£10,000 | |
£25,000 | |
£50,000 | |
£100,000 | |
£250,000 | |
£500,000 |
Correct as of January 2024
Interactive Investor is the only platform to provide a specialist list of recommended sustainable funds, named ACE40. It chooses the best performing ethical funds and classifies them into whether they ‘avoid’ certain industries like mining or tobacco, ‘consider' ESG factors, or ‘embrace’ companies focused on delivering positive social or environmental impact.
However, you can’t easily find ethical investments that aren’t on this list as you can’t filter to identify funds that apply ESG (environmental, social, and governance) criteria. Nor does Interactive Investor provide a list of top 10 holdings or a breakdown of the sectors invested in by a fund.
Interactive Investor is regulated by the Financial Conduct Authority and covered by the Financial Services Compensation Scheme (FSCS).
When you invest with an investment platform that's registered with the Financial Conduct Authority, your money will be ring-fenced and should be returned if a company goes bust, without you having to wait alongside other creditors.
If ring-fencing failed, you would be compensated by the FSCS.
The FSCS will cover up to £85,000 of investments per person, per platform. You can claim for free online at www.fscs.org.uk; there's no reason to use a claims management company.
You won't be compensated for investments falling in value, or if a company in which you hold shares goes bust, unless this poor performance resulted from bad advice given by a regulated Independent Financial Advisor that has since gone bust.