Interactive Investor fees snapshot
Assets |
Fee level |
Fee terms |
US stock |
Low |
£3.99 per trade |
EURUSD |
- |
FX not available |
Mutual fund |
Low |
£3.99 per trade |
Inactivity fee |
Low |
No inactivity fee |
Interactive Investor trading fees are average.
You can choose from three fee plans that differ based on the monthly account fee and the fees charged for trading certain products. In the Investor plan users are granted one, while in the Super Investor plan users are granted two free trades per month. The Pension Builder plan does not provide free trades unless it is upgraded.
The Pension Builder plan is a simple Self-Invested Personal Pension (SIPP) plan, which can be upgraded to also have an ISA, trading account, as many free Junior ISAs as the user has children and one free trade a month for £7 per month extra.
Moreover, Super Investor plan subscribers can access Interactive Investor's Friends and Family program for free, with which free Investor plan subscriptions can be gifted to up to five people.
Additionally, there is no commission charged on monthly purchases made using the regular investment facility. This applies to all plans; the minimum transaction value is £25. You can make up to 25 regular monthly investments per account. Eligible products are funds, popular shares, ETFs and investment trusts.
For UK Investors, Interactive Investor provides ISA and SIPP accounts. SIPP accounts are part of the Pension Builder plan which costs £12.99 a month.
Interactive Investor fee plans
|
Investor |
Pension Builder |
Super Investor |
Monthly flat fee |
£9.99 |
£12.99 |
£19.99 |
Fee per trade, UK stocks* |
£3.99 |
£3.99 |
£3.99 |
Fee per trade, US stocks** |
£3.99 |
£3.99 |
£3.99 |
Fee per trade, other stocks*** |
£9.99 |
£9.99 |
£9.99 |
Fee per trade, UK funds |
£3.99 |
£3.99 |
£3.99 |
*different fees apply to trades over £100,000
**trades over £100,000 are charged 0.04%
***trades over £25,000 are charged 0.1%
When it comes to fees, fund trades cover OEICs, Unit Trusts and Investment Trusts. Exchange-Traded Funds (ETFs) are treated as shares.
In this review, we calculated with the 'Investor' service plan.
We compared the fees at Interactive Investor with two similar brokers we selected, AJ Bell Youinvest and Hargreaves Lansdown. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of Interactive Investor alternatives.
Interactive Investor has generally low stock and ETF trading fees (commissions).
However, it has favorable rates compared to its close competitors if you trade UK and US shares.
Interactive Investor stock and ETF commission of a $2,000 trade
|
|
|
|
US stock
Estimated commission of a $2,000 trade, assuming a $50 stock price
|
$4.9
|
$12.3
|
$14.8
Based on previous month's activity. 0-9 trades: £11.95 per trade; 10-19 trades: £8.95 per trade; 20+ trades: £5.95 per trade
|
UK stock
Estimated commission of a $2,000 trade, assuming a $50 stock price
|
$4.9
|
$12.3
0-10 trades/month: £9.95; 10 and more trades/month: £4.95
|
$14.8
Based on previous month's activity. 0-9 trades: £11.95 per trade; 10-19 trades: £8.95 per trade; 20+ trades: £5.95 per trade
|
German stock
Estimated commission of a $2,000 trade
|
$12.4
"Essentials", "Investor" and "Pension Builder" fees: £9.99 per trade; "Super Investor" fee: £5.99 per trade
|
$12.3
|
$14.8
Based on previous month's activity. 0-9 trades: £11.95 per trade; 10-19 trades: £8.95 per trade; 20+ trades: £5.95 per trade
|
Use stock fee calculator
Interactive Investor fund fees are low.
However its close competitors have much lower charges.
Please move your cursor over the dollar amounts to view the exact rundown of costs in pounds.
Interactive Investor commission for a $2,000 fund purchase
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|
|
|
Mutual fund
Estimated commission of a $2,000 US domiciled fund trade
|
$4.9
|
$1.9
|
$0.0
Tiered annual fee based on volume held. On first £250k, the fee is 0.45%, on the value between £250k-£1m it is 0.25%, on the value between £1m-£2m it is 0.10%, and there is no charge on the value above £2m.
|
Interactive Investor has generally low bond fees.
It charges less than its closest competitors.
Please hover over the dollar amounts to view the exact rundown of costs in pounds.
Interactive Investor commission of a $10,000 government bond trade
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|
|
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EU government bond
Estimated commission of a €10,000 German government bond trade
|
$4.9
|
$12.3
|
$14.8
0-9 trades: £11.95 per trade; 10-19 trades: £8.95 per trade; 20+ trades: £5.95 per trade
|
Interactive Investor has low non-trading fees.
It charges no inactivity fee and there is also no withdrawal fee for standard withdrawals. Withdrawal fees are charged, though, if you make an instant withdrawal in sterling or euro, or if you make a regular withdrawal in currencies other than these.
On the negative side, there is a monthly account fee, which ranges from £9.99 to £19.99 depending on which service plan you use.
Interactive Investor non-trading fees
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|
|
|
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Yes
£4.99 per month for an Essentials plan, £11.99 per month for a core Investor plan, £12.99 per month for a Pension Builder plan, Pension Essentials plan is £5.99 and £19.99 per month for a Super Investor plan, SIPP above £50,000 is £12.99
|
No
|
No
No account fee for Fund & Share account, but there is an account fee for SIPP and ISA accounts.
|
Inactivity fee
Fee applied if a customer does not trade for a certain length of time
|
No
|
No
|
No
|
|
$0
|
$0
|
$0
|
Withdrawal fee
Fee for withdrawing money from the broker account. It is zero if you can withdraw money for free via any method, e.g. credit/debit card or bank transfer.
|
$0
Free withdrawal in GBP or EUR. For other currencies or quicker bank withdrawal, see fees
|
$0
Free withdrawal, for faster withdrawal a £25 fee is charged
|
$0
|
Interactive Investor's currency conversion fees are high for amounts under £100,000. You can either convert your cash manually or, alternatively, the system will do it for you if you want to buy a security in a currency other than what is on your account (e.g. if you want to buy a US stock quoted in dollars and you have your cash balance in pounds).
Interactive Investor currency conversion fee
|
Currency conversion fee |
£0 - £24,999 |
1.50% |
£25,000 - £49,999 |
1.25% |
£50,000 - £99,999 |
1.00% |
£100,000 - £599,999 |
0.50% |
£600,000 - |
0.25% |
Bear in mind that when using automatic conversion for trades that required multiple fills to execute, you will be charged the FX conversion rate applicable to each individual fill. This may result in a higher FX charge than would be calculated against the whole.
We ranked Interactive Investor's fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us.
There are two basic types of broker fees: