Isa basics: all you need to know

The best stockbrokers and fund platforms for an Isa or Sipp

Broker

Isa account charges

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Sipp account charges

Fund charges

UK share charges

AJ Bell Youinvest

• None
• None
• £1.50/trade,
• 0.25%/yr < £250,000,
• 0.1% £250,000-£1m,
• 0.05% £1m-2m,
• 0% £2m+
• £9.95/trade (£4.95 if more than 10 a month),
• 0.25%/yr (max £3.50/month for ISA, £10/month for SIPP),
• £1.50 regular investment charge,
• 1% div reinvestment (min £1.50 max £9.95)

Barclays Smart Investor

• None
• £125+VAT/yr
• 0.2%/yr (min £4/month, max £125/month),
• £3 per online transaction,
• £1 per regular transaction
• 0.1%/yr(min £4/month, max £125/month),
• £6 per online transaction,
• £1 per regular transaction

BestInvest

• 0.4%/yr up to £250,000,
• 0.2%/yr £250,000-£1m,
• Free over £1m
• 0.3%/yr up to £250,000,
• 0.2%/yr £250,000-£500,000,
• 0.1% £500,000-£1m,
• 0% over £1m,
• £100+VAT annual admin fee
• No trading charges
• £4.95/trade

Charles Stanley Direct

• None
• £100+VAT, waived if you have investments with CS of over £30,000
• 0.35%/yr < £200,000,
• 0.2% £200,000-£500,000,
• 0.15% £500,000-£1m,
• 0.05% £1m-2m,
• 0% > £2m,
• No trading charges
• 0.35%/yr, min £24, max £240, waived for the month if you make a chargeable trade,
• £11.50/trade.

EQi

• £17.49/qtr (£22.48 for both ISA and Sipp),
• 0.2% for a LISA, max £40/yr
• £17.49/qtr (£22.48 for both ISA and Sipp)
• 0.3%/yr < £50,000,
• 0.25% £200,000-£2m,
• 0.15% > £2m (max £250 per qtr),
• Custody fees offest against trading charges
• £10.99/trade (£9.99 for ETFs),
• £1.50 regular investments,
• £1.50 div reinvestment

Fidelity

• None
• None
• 0.35% < £7,500: (£45/yr without regular savings plan),
• 0.35% – £7,500-£250,000,
• 0.2% – £250,000-£1m,
• No further charge above £1m
• £10 per trade,
• £1.50 regular investing & div reinvestment

Halifax Share Dealing

• £36/yr
• £22.50/qtr (SIPP value < £50,000),
• £45/qtr (SIPP value > £50,000)
• £9.50/trade (online),
• £2/trade for regular investments
• £9.50/trade,
• £2/trade for regular investments,
• 2% div reinvestment fee, max £9.50 per stock

Hargreaves Lansdown

• None
• None
• 0.45%/yr < £250,000,
• 0.25% £250,000-£1m,
• 0.1% £1m-£2m,
• No further charge above £2m
• 0.45%/yr (max £45 in Isa, max £200 in Sipp),
• Max £11.95/trade,
• 1% div reinvestment fee, min £1, max £10

HSBC InvestDirect

• £10.50/qtr,
• Must have HSBC current account
• Not available
• 0.25%
• £10.50/trade,
• £7.95 for frequent trades (at least 9 deals/qtr)

iDealing

• £5/qtr
• £5/qtr, plus variable charges depending on Sipp administrator
• None. Restricted list of fund families available
• £9.90/trade

IG

• £24/qtr, waived if you trade at least 3 times in the qtr, or hold more than £15,000
• Not available
• Not available
• £8/trade, reduced to £3/trade if you make more than 3 trades a month

Interactive Investor

• £9.99/mth, which includes 1 trade/mth
• £12.99/mth or £10/mth if you hold an II Isa
• £7.99/trade
• £7.99/trade,
• £0.99 div reinvesting

iWeb Share Dealing

• £100 account opening fee, no annual charge
• £22.50/qtr (under £50,000)
• £45/qtr (over £50,000)
• £5/trade
• £5/trade

Vanguard

• 0.15%/yr
• 0.15%/yr capped at £375
• No charge to switch holdings, deal, make payments or exit
• £7.50 for real-time ETF trades

X-O

• None
• £99+VAT/yr
• Not available
• £5.95/trade