UK Broker Comparison

Broker Yearly Fee (£10k pot) Yearly Fee (£100k pot) Yearly Fee (£500k pot) Fl Score

Trading 212 have no platform or trading fees, meaning you can invest in ETFs priced in GBP without Trading 212 charging you a penny. Use bank transfer for free deposits.

Visit Trading 212
*Capital at risk when investing

InvestEngine will charge you nothing if you use their DIY account option. They have no platform, trading or deposit/withdrawal fees, and they only offer funds in GBP (£) so no FX fees are impossible.

Visit InvestEngine
*Capital at risk when investing

IBKR charge a minimum £3 per month activity fee. Certain funds/ETFs are free to invest into, but their complex fee structure can be very confusing for users to understand.

Visit Interactive Brokers
*Capital at risk when investing

You can avoid HL's trading fees (up to £11.95 per trade) when investing monthly via direct debit into ETFs, funds, shares and selected investment trusts. Account fees still apply.

Visit Hargreaves Lansdown
*Capital at risk when investing

AJ Bell offer a discounted trading fee of £1.50 with their regular investing service (min £25 per month). Stocks & Shares ISA account fees are also capped at £3.50 per month when investing in ETFs.

Visit AJ Bell
*Capital at risk when investing

You need Freetrade's Standard account (£59.88 per year or £5.99 if paying monthly) for access to a Stocks & Shares ISA.

Visit Freetrade
*Capital at risk when investing

You can get around IG's £24 quarterly account fee by placing 3+ trades every quarter — a monthly investment is enough for this. This leaves an £8 trading fee based on once-monthly ETF purchase.

Visit IG
*Capital at risk when investing

Fidelity's account fees (0.35%) are capped at £7.50 per month on ETFs and shares within ISAs. There's also a £1.50 monthly trading fee with their regular investing service (£7.50 fee for trades otherwise).

Visit Fidelity
*Capital at risk when investing

ii offer a free regular investing service when investing a minimum of £25 per month. This leaves just a £4.99 monthly account fee until you reach a £50,000 balance, then £11.99 monthly thereafter.

Visit Interactive Investor
*Capital at risk when investing

iWeb charge £5 per trade. They also charge £100 to open an account, but this fee seems to be being waived in an ongoing offer.

Visit iWeb
*Capital at risk when investing

Vanguard take a flat 0.15% annual account fee, capped at £375/year.

Visit Vanguard
*Capital at risk when investing

The Aviva Share Charge, which includes ETFs, is capped at £45-per-year in Stocks & Shares ISAs. There's an additional £7.50 trading fee on top of this.

Visit Aviva
*Capital at risk when investing

Dodl has a 0.15% annual fee for all account types, regardless of how you invest, with no trading fees. This fee is uncapped.

Visit AJ Bell Dodl
*Capital at risk when investing

Chip's Basic (free) plan is cheapest for balances under £26,000. ChipX (paid annually) is cheapest for balances over this figure.

Visit Chip
*Capital at risk when investing

A £10.50 quarterly fee for first direct's Shares Account is needed for ISA access. There's also a £10.50 trading fee. You must also be a first direct current account customer.

Visit first direct
*Capital at risk when investing

Saxo charge a minimum trading fee of £3 (or 0.12%, whichever is higher) on regular accounts (reduced % for VIP accounts). Plus a 0.12% custody fee.

Visit Saxo
*Capital at risk when investing

You can avoid platform and trading fees when investing into Charles Stanley's Multi-Asset Funds via monthly direct debit, but our listed charges apply when choosing your own ETF.

Visit Charles Stanley
*Capital at risk when investing

Legal & General charges a flat, uncapped 0.25% account fee, which is a lot on larger balances.

Visit Legal & General
*Capital at risk when investing

Annual fees are cheaper when investing in Bestinvest's ready-made portfolios or US shares, though this incurs high FX fees.

Visit bestinvest
*Capital at risk when investing

Yearly platform fee of 0.35% up to £200,000, then 0.2% thereafter.

Visit abrdn
*Capital at risk when investing

For the cheapest investment settings, use the 'Fixed' management style and 'Classic' focus, but it's still relatively expensive compared to other brokers.

Visit Moneyfarm
*Capital at risk when investing

Fixed allocation funds have a 0.45% annual fee up to £100k balance, then 0.25% beyond.

Visit Nutmeg
*Capital at risk when investing

0.4% annual fee (the only fee that applies) reduces by 0.01% per year until it reaches 0.25% after 15 years.

Visit Tillit
*Capital at risk when investing

£1 monthly fee is actually free for the first 3 months, so deduct £3 for first year figures.

Visit Moneybox
*Capital at risk when investing

eToro's partnership with Moneyfarm gives access to a limited range of active, robo-adviser style investments at a relatively high uncapped price.

Visit eToro
*Capital at risk when investing

Annual fee of 0.6% applies and cannot be made cheaper.

Visit Wealthify
*Capital at risk when investing

0.4% uncapped platform fee applies to all investments, which is realtively high.

Visit True Potential
*Capital at risk when investing

1.2% Annual Management Charge is the cheapest option Wesleyan offers. The uncapped fees here are extremely high.

Visit Wesleyan
*Capital at risk when investing
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This page may contain errors. We try our best to maintain accuracy but offer no guarantees. Please reach out if you see something that needs correcting.

How are yearly fees calculated?

To generate our ‘comparable fees using the cheapest investment method’, we assume an ongoing once-monthly investment into an ETF priced in GBP (£). Wherever possible, this is a DIY investment - you choose your own ETF. When DIY investing is not possible, we look to the next cheapest method using GBP. In very rare circumstances, DIY investing is more expensive than non-DIY options.

We use the cheapest investment method that we found, as listed when clicking on each broker name in the table. Not following this method can lead to higher fees, e.g., investing once per year instead of using a monthly direct debit can result in missing out on discounts for setting up ongoing investment plans.

For simplicity, we assume no growth in portfolio value. We do not include fund fees (TER/OCF) – this allows you to compare the differences between broker fees more easily.

Disclaimers

This page may contain errors. We try our best to maintain accuracy but offer no guarantees. Please reach out if you see something that needs correcting. Links may be affiliate links. Capital at risk when investing.