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Our charges

Our charges

With ii you’ll pay a low, flat fee of £9.99 per month. Most other platforms charge percentage fees that grow with your investments.

Simple fees, great value

✔  Your £9.99 a month service plan fee gives you access to our Stocks & Shares ISA, Junior ISA and general Trading Account.

✔  Adding a SIPP is only £10 a month extra*. There are no additional fees for administration or drawdown.

✔  We give you a free trade every month, and there are no trading fees with our regular investing service.

* Special offer:  Open a SIPP today and pay no SIPP fee for your first six months.  Terms apply

Our service plans

Our £9.99 Investor service plan provides great value for most customers.
But if you expect to make several trades per month, we offer two additional service plans to help reduce your costs.

Investor
£9.99 per month

Most customers start here - it’s easy to upgrade later.

  • One free trade per month
  • Additional fund trades and UK share trades: £7.99
     

find out more

Funds Fan
£13.99 per month

For investors looking to build a portfolio of funds.

  • Two free fund trades per month
  • Additional fund and investment trust trades: £3.99
  • Additional UK share trades: £7.99

find out more

Super Investor
£19.99 per month

Our premium plan, designed for more frequent investors.

  • Two free trades per month
  • Additional UK trades (inc funds): £3.99
  • Additional US share trades: £4.99

find out more

Full rates and charges

 

Investor

Funds Fan

Super Investor

UK shares and ETFs

£7.99

£7.99

£3.99

Funds and investment trusts†

£7.99

£3.99

£3.99

US shares

£7.99

£7.99

£4.99

Other international shares

£19.99

£19.99

£9.99

Dividend reinvestment

£0.99

£0.99

£0.99

Regular investing

Free

Free

Free

For each Service Plan, every month we give you Free Trade Credit worth £7.99 to be used against any trade. This credit is available for 90 days after which it expires.

† Funds trades covers OEICs, Unit Trusts and Investment Trusts. Our list of Investment Trusts is based on that provided by Morningstar. Note: Exchange-Traded Funds (ETFs) are treated as shares.

For UK and US trades over £100,000, and other international share trades over £25,000 please see section below. International commissions 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.

Bed & ISA Instruction

£0 on the sale

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

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).

£4.99

Telephone trades

£49

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%

FX - 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.

Gross interest rate on cash (all accounts)

0%

Urgent UK withdrawals

£15

Urgent EUR withdrawals

£15

Other currency withdrawals

£15

Cash Interest and Transfers - All interest is paid gross of income tax. You are responsible for payment of any income tax that may be due through your self-assessment return. Urgent bank transfers in non-UK currencies will be charged at an equivalent rate. Charges are paid at the point of withdrawal. You must ensure sufficient funds are available to cover the withdrawal amount and the applicable charge.

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

VCTs processing charge

£30 - Per application.

CREST Personal Membership (CPM) account fee

£4.99 a month + VAT - This account is only available to customers who transferred an existing CREST membership account from NatWest Stockbrokers.

Non UK Resident

£3.99 + VAT - We make an additional charge to cover operational costs for customers not resident in the UK.

Non-personal accounts – supplemental administration charge

£29.99 a month - We make an additional charge to cover operational costs in maintaining services for Company Accounts and Trust Accounts.

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 where the trade value is more than £10,000.

ITP Levy

EUR 1.25 - Flat-rate charge on Irish equity buys and sells where the trade value is more 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

0.10% (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 fax

0.3% - For buys of eligible French stocks.

Italian financial transaction tax

0.1% - For buys of eligible Italian stocks.

The best choice for value

Research by The Lang Cat** shows you could save more than £30,000 in charges compared with our largest competitor.

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

Why people choose interactive investor

✔  Free to join or transfer

✔  No exit fees

✔  Low trade costs

✔  Free regular investing

Get started

Your monthly fee from £9.99 covers you for multiple accounts.

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Open a SIPP and pay no SIPP fee for your first six months – then just £10 a month extra. Terms apply.

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

apply now

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

apply now

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

apply now

** Independent research by The Lang Cat: To see how investing with our Fair Flat Fees over 30 years in an ISA compares with other providers, The Lang Cat used: • The average ISA balance and typical top-up amounts, according to figures from HMRC; • Investment trades: 7 per year; •  A 50:50 split between shares and funds; • A 5% annual return in the portfolio.

Promotional SIPP offer terms and conditions

  1. No SIPP fee shall be payable on all new ii SIPP accounts opened on or after 1 October 2020 for six calendar months (the "Fee Free Period"). After the Fee Free Period has ended, the SIPP fee you will be required to pay will be as set out in our then current Rates and Charges.
  2. The Fee Free Period is open to new and existing customers who open a new ii SIPP account on or after the qualifying date.
  3. These terms and conditions should be read in conjunction with the ii SIPP Terms. In the event of a conflict between these terms and conditions and the ii SIPP Terms, these terms shall prevail.
  4. All other fees associated with managing your ii SIPP account shall continue to apply.
  5. We reserve the right to alter, withdraw or amend the Fee Free Period and/or these terms and conditions at any time without prior notice.
  6. All participants opening an ii SIPP account on or after 1 October 2020 agree to be bound by these terms and conditions.
  7. Interactive Investor Services Limited (“IISL”) is the promoter of this Fee Free Period offer. The registered office for IISL is Exchange Court, Duncombe Street, Leeds LS1 4AX.