Interactive Investor

Our charges

With ii you’ll pay a low, flat fee. Most other platforms charge percentage fees that grow with your investments.

Winner of low-cost awards - interactive investor

Please remember, investment value can go up or down and you could get back less than you invest. The value of international investments may be affected by currency fluctuations which might reduce their value in sterling.

ISA & Trading Account charges

When you open a Stocks and Shares ISA or Trading Account, you'll start on our £9.99 per month Investor plan. You can open both accounts at no extra cost.

  • Invest as little as £25 a month with our regular investing service. There are no trading fees when you contribute this way.
  • We give you a free trade every month to buy our sell any investment. After that, trades usually cost £7.99.
  • You can also open as many Junior ISAs as you have kids - at no extra cost.
  • There are some other fees for things like foreign currency exchange and Stamp Duty on shares. View full rates and charges

Analysis shows you could be better off by £44k over 30 years of investing in an ii Trading Account (General Investment Account) plus an ii ISA due to our low flat fees. This is just for illustration if all other factors were the same. The advantage of lower flat fees over time means that you could be significantly better off in the long run. By how much will always depend on your personal circumstances. More about our analysis

SIPP charges

New customers start on our £12.99 a month Pension Builder plan. Open a SIPP before 31 July and your first 6 months are free. Find out more.

If you have our ISA or Trading Account, you can add a SIPP for just £10 a month (plus your existing monthly fee).

  • You can contribute as little as £25 a month with our regular investing service. There are no trading fees when you contribute this way.
  • If you want to buy or sell shares and funds, trades usually cost £7.99. 
  • There are no extra charges for taking money out of your pension.
  • There are some other fees for things like foreign currency exchange and Stamp Duty on shares. View full rates and charges

*Analysis shows you could be better off by £100k over 30 years of investing in an ii SIPP due to our low flat fees. This is just for illustration if all other factors were the same. The advantage of lower flat fees over time means that you could be significantly better off in the long run. By how much will always depend on your personal circumstances. More about our analysis

About our plans

We offer three different plans, each with a fixed monthly subscription and trading fees to suit your style of investing.

Moving between plans is easy and can be changed at a later date, and there are no exit fees should you choose to leave.

Pension Builder

A simple low-cost SIPP

£12.99 per month

  • A SIPP (Self Invested Personal Pension)
  • Free regular investing

Online Trading Fees:

  • UK Shares, Funds, US Shares £7.99
  • Other International Shares £19.99
  • Dividend Reinvestment £0.99

Investor

All the basics

£9.99 per month

  • A Stocks and Shares ISA
  • A Trading Account
  • As many Junior ISAs as you have children
  • A free monthly trade
  • Free regular investing

Online Trading Fees:

  • UK Shares and Funds, US Shares £7.99
  • Other International Shares £19.99
  • Dividend Reinvestment £0.99

Super Investor

For our lowest trading fees

£19.99 per month

  • A Stocks and Shares ISA
  • A Trading Account
  • As many Junior ISAs as you have children
  • Friends and Family
  • 2 free monthly trades
  • Free regular investing

Online Trading Fees:

  • UK Shares and Funds, US Shares £3.99
  • Other International Shares £9.99
  • Dividend Reinvestment £0.99

Full rates and charges

Subscription and online trading fees

Pension Builder*

Investor

Super Investor

Monthly subscription

£12.99

£9.99

£19.99

Stocks and Shares ISA


Trading Account


Junior ISA


SIPP (Self-Invested Personal Pension)

+£10 per month inc. VAT

+£10 per month inc. VAT

Platform services**

Free monthly trade***


✓ x 1

✓ x 2

Free regular investing

UK shares and funds, US shares

£7.99

£7.99

£3.99

Other international shares

£19.99

£19.99

£9.99

Dividend reinvestment

£0.99

£0.99

£0.99

* The Pension Builder plan monthly cost includes: SIPP Admin Fee of £10 per month inc. VAT. The remaining £2.99 per month covers platform services. The Pension Builder plan is only available to customers who hold just a SIPP account.

** Platform services includes holding funds as nominee and disaggregating income from holdings.

*** In Investor and Super Investor plans we also give you a monthly credit worth £7.99 in return for your subscription. You can use this credit against trading fees in any of the accounts your plan covers, and it is available for 90 days.

For UK and US trades over £100,000, and other International share trades over £25,000, please see the ‘Other Trading Fees’ table below.

Other trading fees

For UK and US trades over £100,000, and other international share trades over £25,000 please see section below. International fees are charged in the customer’s settlement currency and multiplied by the conversion rate (if applicable) subject to the minimum and maximum charges shown. If an order is filled over multiple days, there is a separate commission charge for each day there is a fill.

Buy or sell UK shares, funds (unit trusts and OEICs), bonds, gilts and exchange traded products. Trade value over £100,000

£40

Buy or sell US shares. Trade value over £100,000

0.04% of trade value

Buy or sell other international shares. Trade value over £25,000

0.10% of trade value

Extras

Free trade credit cannot be used towards these and they are charged in addition to the relevant online commission rate.

Extended settlement (buy orders greater than T+2).

£5

Telephone trades

£49

Foreign Exchange

Transaction value

Margin Rate

£0 - £24,999.99

1.5%

£25,000 - £49999.99

1.25%

£50,000 - £99,999.99

1.00%

£100,000 - £599,999.99

0.50%

£600,000 or more

0.25%

Foreign exchange - The FX rate for currency conversion is based on the bid/offer exchange rate to which we apply a spread of up to +/- 1.50% at the time of execution. If multiple trades (“fills”) are required to execute your trade the FX rate is calculated on the value of each fill and you may end up paying a higher FX charge than for a single transaction of the same total value. See our foreign exchange page for more detail and examples.

Cash

ii will pay interest on British pound and US dollar cash balances from 1st July 2022.

Cash Balance

Gross % 

AER %

On the value over £10,000

0.25

0.25

On the first £10,000

0.00

0.00

The interest is paid on amounts above the £10,000 threshold. Cash held in ISA, JISA, Trading and SIPP accounts is treated separately on an individual account basis.

Cash balances in British pounds and US dollars are treated separately for the purposes of calculating interest, even if held within the same account.

Accrued interest is not payable on any accounts closed within the calculation period.

AER stands for Annual Equivalent Rate and shows the interest rate you receive over the year taking into account the effect of compounding interest payments.

For Trading Accounts, ISAs and JISAs interest will be calculated on credit balances daily and will be credited quarterly on or around the 25th day of March, June, September and December. All interest will be paid gross of income tax. You are responsible for payment of any income tax that may be due through your self-assessment return.

For SIPPs interest will be calculated on your credit balance daily and will be credited bi-annually on or around the 25th day of May and November. All interest will be paid gross.

Interest on US dollar balances is calculated on the value over an equivalent to £10,000 determined at the start of each calculation period.

If you do not wish to receive interest for any reason, please contact us.


Other cash charges

Urgent UK withdrawals

£15

Urgent EUR withdrawals

£15

Other currency withdrawals

£15

Other charges

Share certificate withdrawal

£35 + VAT - Per certificate, to convert online shares to a paper certificate in your own name (only available for CREST securities).

Failed payments or late settlement

£25 -Failed payments includes unpaid direct debits, bounced cheques and rejected Debit Card payments. Late settlement charge can be charged at foreign currency equivalent plus 15% above Bank of England Base rate charged on the debt.

Paper documents

£3 + VAT - Per document for sending Consolidated Tax Certificates and statements and duplicate copies, including contract notes.

Contract notes sent by post

£1.50 + VAT - Per document if your document delivery preference is by post. Does not apply to telephone trades.

VCTs processing charge

£30 - Per application.

Non UK Resident

£4 a month - We make an additional charge to cover operational costs for customers not resident in the UK.

Non-personal accounts – supplemental administration charge

£30 a month - We make an additional charge to cover operational costs in maintaining services for Company Accounts and Trust Accounts.

Taxes and levies

UK stamp duty

0.50% - UK equity buys.

Irish stamp duty

1.00% - Irish equity buys.

UK PTM levy

£1 - Flat-rate charge on UK equity buys and sells greater than £10,000.

ITP Levy

EUR 1.25 - Flat-rate charge on Irish equity buys and sells greater than €12,500.

Hong Kong transactional levy

0.0027% - Equity and company warrant buys and sells.

Hong Kong trading fee

0.005% - Equity and company warrant buys and sells.

Hong Kong stamp duty

0.13% (rounded up to the nearest HKD) - Equity and company warrant buys and sells.

Singapore clearing fee

0.0325% - All buys and sells.

French financial transaction tax

0.30% - For buys of eligible French stocks.

Italian financial transaction tax

0.10% - For buys of eligible Italian stocks.

Spanish financial transaction tax

0.20% - For buys of eligible Spanish stocks.

Charges on legacy services

Crest Personal Membership: £5 + VAT per month. This account was only available to customers who transferred an existing CREST membership account from NatWest Stockbrokers.

Funds Fan: £13.99 per month, UK and US shares £7.99; Funds and Investment Trusts £3.99; Other International Shares £19.99; Dividend Reinvestment £0.99. This service plan is no longer available to join.

How your subscription works

Your monthly subscription covers the cost of products, access to trading, and platform services.

Trading Accounts, ISAs, Junior ISAs and SIPPs that are held in the same individual name can be linked together under one monthly subscription fee. For all other account types, including Joint Accounts and Pension Trading Accounts, a separate monthly subscription fee will be charged.

You can change your plan easily online. Your new plan fee will normally be effective at the next fee collection date (on or around the 10th of each month). If, however you change plan within 14 days of the next fee collection date your current plan fee will be collected as usual on that date, with your new plan coming into effect the following month. You must pay for your new plan for a minimum of one month before moving to a lower priced plan.

A simple monthly subscription

ii expert tip
Most customers only pay their monthly fee - thanks to free trades and free regular investing with all our accounts.

Charges FAQs

Get started

All of our accounts charge a low, flat fee. Other providers charge percentage fees which grow with your investments.

SIPP.

Take control of your pension with our great value, award-winning SIPP.

ISA.

Make the most of your tax-free savings allowance with our award-winning ISA.

Trading.

Our flexible account, where you can invest in all markets in the way you want.

New to ii?  New customers who open a SIPP before 31 July will pay no Pension Builder subscription fee for six months - a saving of £12.99 a month. Terms apply.