The best alternatives to Interactive Investor are
- AJ Bell Youinvest - UK discount broker
- Hargreaves Lansdown - UK-based stockbroker
- Barclays - UK-based stockbroker
- Charles Stanley Direct - UK-based stockbroker
Let's see in a bit more detail how the Interactive Investor alternatives compare to Interactive Investor and each other:
Overall score
|
4.6 stars | 4.3 stars | 4.2 stars | 4.0 stars | 4.2 stars |
---|---|---|---|---|---|
Fees score
|
3.3 stars | 2.6 stars | 2.4 stars | 3.1 stars | 2.8 stars |
Account opening score
|
5.0 stars | 5.0 stars | 5.0 stars | 3.8 stars | 4.4 stars |
Deposit and withdrawal score
|
3.9 stars | 3.3 stars | 3.3 stars | 3.8 stars | 3.3 stars |
Web platform score
|
4.3 stars | 3.7 stars | 3.9 stars | 3.5 stars | 3.5 stars |
Markets and products score
|
2.6 stars | 3.0 stars | 2.7 stars | 2.5 stars | 1.5 stars |
|
Visit broker | Visit broker | Visit broker | Visit broker | Visit broker |
Why are these brokers considered good alternatives to Interactive Investor? There are many areas based on which Interactive Investor can be compared with others. When we say a given online broker is a good alternative to Interactive Investor we mean these brokers are comparable in the following areas:
- The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
- The type of clients they target, i.e. beginners, experienced investors, or day traders.
Interactive Investor alternatives recommendations
Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:
- Interactive Investor is recommended for beginners and investors focusing on the uk market
- AJ Bell Youinvest is recommended for beginners and investors with small and medium portfolios focusing on the uk market
- Hargreaves Lansdown is recommended for beginners and buy-and-hold investors looking for an easy-to-use trading platform
- Barclays is recommended for long-term investors looking for a broker with low fees and solid background
- Charles Stanley Direct is recommended for beginners and buy-and-hold investors focusing on the uk market
Important factors of finding Interactive Investor alternatives
So far BrokerChooser has reviewed 101 online brokers in detail, which gives this comparison a solid starting point.
Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we
- open a live account
- check over 100 criteria, with weighting based on readers' preferences
- refresh data regularly
Whether Interactive Investor or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:
Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. The amounts Interactive Investor charges you are considered average. When picking an alternative, you could prioritize brokers that are cheaper than Interactive Investor.
Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Interactive Investor this is not a problem as you can have it ready on the same day you registered.
Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Interactive Investor, this might not be the case at its alternatives.
Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.
Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Interactive Investor alternative is a must.
Now let's dive into the details of how Interactive Investor and its alternatives perform in the most important areas!
AJ Bell Youinvest
Recommended for beginners and investors with small and medium portfolios focusing on the UK market
US stock
|
$12.4
|
$5.0
|
---|---|---|
UK stock
|
$12.4
|
$5.0
|
German stock
|
$12.4
|
$12.5
|
Minimum deposit
|
$0
|
$0
|
---|---|---|
Time to open account
|
1 day | 1 day |
If you are interested more in AJ Bell Youinvest minimum deposit, this overview will help you.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
Web platform score
|
3.7 stars | 4.3 stars |
---|---|---|
Mobile platform score
|
4.2 stars | 4.3 stars |
Desktop platform score
|
- | - |
Learn more about AJ Bell Youinvest's web trading platform in the detailed AJ Bell Youinvest review.
Stocks
|
Yes | Yes |
---|---|---|
ETFs
|
Yes | Yes |
Forex
|
No | No |
Funds
|
Yes | Yes |
Bonds
|
Yes | Yes |
Options
|
No | No |
Futures
|
No | No |
CFDs
|
No | No |
Crypto
|
Yes
|
No |
Hargreaves Lansdown
Recommended for beginners and buy-and-hold investors looking for an easy-to-use trading platform
US stock
|
$14.9
|
$5.0
|
---|---|---|
UK stock
|
$14.9
|
$5.0
|
German stock
|
$14.9
|
$12.5
|
Minimum deposit
|
$0
|
$0
|
---|---|---|
Time to open account
|
1 day | 1 day |
If you are interested more in Hargreaves Lansdown minimum deposit, this overview will help you.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
Web platform score
|
3.9 stars | 4.3 stars |
---|---|---|
Mobile platform score
|
3.9 stars | 4.3 stars |
Desktop platform score
|
- | - |
Learn more about Hargreaves Lansdown's web trading platform in the detailed Hargreaves Lansdown review.
Stocks
|
Yes | Yes |
---|---|---|
ETFs
|
Yes | Yes |
Forex
|
No | No |
Funds
|
Yes | Yes |
Bonds
|
Yes | Yes |
Options
|
No | No |
Futures
|
No | No |
CFDs
|
No | No |
Crypto
|
No | No |
Barclays
Recommended for long-term investors looking for a broker with low fees and solid background
US stock
|
$7.5
|
$5.0
|
---|---|---|
UK stock
|
$7.5
|
$5.0
|
German stock
|
$11.3
|
$12.5
|
Minimum deposit
|
$0
|
$0
|
---|---|---|
Time to open account
|
>3 days | 1 day |
If you are interested more in Barclays minimum deposit, this overview will help you.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
Web platform score
|
3.5 stars | 4.3 stars |
---|---|---|
Mobile platform score
|
- | 4.3 stars |
Desktop platform score
|
- | - |
Learn more about Barclays's web trading platform in the detailed Barclays review.
Stocks
|
Yes | Yes |
---|---|---|
ETFs
|
Yes | Yes |
Forex
|
No | No |
Funds
|
Yes | Yes |
Bonds
|
Yes | Yes |
Options
|
No | No |
Futures
|
No | No |
CFDs
|
No | No |
Crypto
|
No | No |
Charles Stanley Direct
Recommended for beginners and buy-and-hold investors focusing on the UK market
UK stock
|
$14.4
|
$5.0
|
---|
Minimum deposit
|
$25
|
$0
|
---|---|---|
Time to open account
|
1-3 days | 1 day |
If you are interested more in Charles Stanley Direct minimum deposit, this overview will help you.
Bank transfer
|
Yes | Yes |
---|---|---|
Credit/debit card
|
No | No |
Electronic wallets
|
No | No |
Withdrawal fee
|
$0
|
$0
|
Web platform score
|
3.5 stars | 4.3 stars |
---|---|---|
Mobile platform score
|
3.7 stars | 4.3 stars |
Desktop platform score
|
- | - |
Learn more about Charles Stanley Direct's web trading platform in the detailed Charles Stanley Direct review.
Stocks
|
Yes | Yes |
---|---|---|
ETFs
|
Yes | Yes |
Forex
|
No | No |
Funds
|
Yes | Yes |
Bonds
|
Yes | Yes |
Options
|
No | No |
Futures
|
No | No |
CFDs
|
No | No |
Crypto
|
No | No |
Interactive Investor
Recommended for beginners and investors focusing on the UK market
US stock
|
$5.0
|
$12.4
|
$14.9
|
$7.5
|
-
|
---|---|---|---|---|---|
UK stock
|
$5.0
|
$12.4
|
$14.9
|
$7.5
|
$14.4
|
German stock
|
$12.5
|
$12.4
|
$14.9
|
$11.3
|
-
|
Minimum deposit
|
$0
|
$0
|
$0
|
$0
|
$25
|
---|---|---|---|---|---|
Time to open account
|
1 day | 1 day | 1 day | >3 days | 1-3 days |
Learn more about Interactive Investor minimum deposit here.
Bank transfer
|
Yes | Yes | Yes | Yes | Yes |
---|---|---|---|---|---|
Credit/debit card
|
No | No | No | No | No |
Electronic wallets
|
No | No | No | No | No |
Withdrawal fee
|
$0
|
$0
|
$0
|
$0
|
$0
|
Web platform score
|
4.3 stars | 3.7 stars | 3.9 stars | 3.5 stars | 3.5 stars |
---|---|---|---|---|---|
Mobile platform score
|
4.3 stars | 4.2 stars | 3.9 stars | - | 3.7 stars |
Desktop platform score
|
- | - | - | - | - |
Learn more about Interactive Investor's web trading platform in the detailed Interactive Investor review.
Stocks
|
Yes | Yes | Yes | Yes | Yes |
---|---|---|---|---|---|
ETFs
|
Yes | Yes | Yes | Yes | Yes |
Forex
|
No | No | No | No | No |
Funds
|
Yes | Yes | Yes | Yes | Yes |
Bonds
|
Yes | Yes | Yes | Yes | Yes |
Options
|
No | No | No | No | No |
Futures
|
No | No | No | No | No |
CFDs
|
No | No | No | No | No |
Crypto
|
No |
Yes
|
No | No | No |
Bottom line
Based on our analysis, there are several good alternatives to Interactive Investor. They all offer similar products and target similar customers. Here's a recap of the results in a table.
Broker intro
|
Recommended for
|
|
---|---|---|
UK stockbroker | Beginners and investors focusing on the UK market | |
UK discount broker | Beginners and investors with small and medium portfolios focusing on the UK market | |
UK-based stockbroker | Beginners and buy-and-hold investors looking for an easy-to-use trading platform | |
UK-based stockbroker | Long-term investors looking for a broker with low fees and solid background | |
UK-based stockbroker | Beginners and buy-and-hold investors focusing on the UK market |
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