Is ISA available at Interactive Investor?
Yes, Interactive Investor provides stocks and shares tax-advantaged ISA accounts for UK tax residents!
Why go over Interactive Investor to check out a tax-advantaged account?
Overall:
- ISAs may be a viable alternative to fight inflation - anything else than keeping your money under the pillow might be a good alternative.
- Interactive Investor and its peers are regulated by at least one top-tier regulator, like the Financial Conduct Authority (FCA), which is a good sign for safety.
- This means, you'll be eligible to financial compensation schemes, if the broker goes bust.
What to expect at Interactive Investor?
First, let's go over the user experience perspective. Here's a quick rundown on how good the mobile experience at Interactive Investor is compared to its competitors.
|
Mobile platform score
|
4.3 stars | 4.2 stars | 3.9 stars |
|---|
Data updated on September 10, 2024
With an ISA, you'll be able to invest in certain trading products tax-free. Trading fees for these assets at Interactive Investor are:
- for stocks and ETFs: Low
- for mutual funds: Low
- for bonds: Low
And now let's see the exact trading costs of each asset that can be used in your stocks and shares ISA at Interactive Investor:
| Assets | Interactive Investor |
|---|---|
| UK stock & ETF fees (per $2k investment) | $5.0 |
| US stock & ETF fees (per $2k investment) | $5.0 |
| Mutual fund fees (per $2k investment) | $5.0 |
| EU government bonds (per $2k investment) | $5.0 |
| US government bonds (per $2k investment) | - |
Data updated on September 10, 2024
Apart from trading-fees, let's check if there are any other fees, like inactivity fees, that are charged even if you are not trading:
- Inactivity fees? No - No inactivity fee
| Assets | Interactive Investor |
|---|---|
| Stocks and shares ISA | Yes |
| Cash ISA | Yes |
| Lifetime ISA | No |
| Innovative Finance ISA | No |
| SIPP (Self-Invested Personal Pension Account) | Yes |
Data updated on September 10, 2024
If you're not sure what ISA means, head to our ISA article hub first.
If you're interested in the best stocks and shares ISA brokers, read our top list.
Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.
Further reading
- Is Interactive Investor good for UK services like ISA?
- Can you transfer an ISA to Interactive Investor?
- Interactive Investor ISA fees explained
- How can an ISA help protect your money from inflation at Interactive Investor?
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
