Day: November 23, 2024

Review of Interactive InvestorReview of Interactive Investor

For those looking to invest and trade on a UK stockbroker platform that offers low fees, a reputable trading experience, and plenty of resources to help you learn more about investing, there is an excellent choice in the form of Interactive Investor. This broker has a long track record, high levels of regulation, and a user-friendly proprietary trading platform.URL :theinvestorscentre.co.uk

Their flat fee model tends to be more cost-effective for investors with larger portfolios, and is competitive with other leading brokers in this regard (particularly when it comes to SIPP and ISA investments). In addition, their regular investment charges are very competitive (especially on ETFs) and they offer a number of additional features that can help reduce frictions for advanced traders including a multicurrency account and the ability to set up automated investments via monthly standing orders.

Is Interactive Investor the Best Platform for UK Traders

Aside from the core ISA, ISA Savings and SIPP accounts, they also offer a range of regular investment plans, funds, and ETFs which are all accessible through their trading platforms. This includes a webtrader app which is simple and intuitive, as well as a mobile dealing app with comparable functionality.

They also offer a number of extra trading options such as Spread Betting and CFDs which can be used to make leveraged trades on currencies, stocks, and commodities. However, they do not offer a full financial advice service so you would need to seek independent advice if you are a beginner or are looking for a complete solution.