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InvestEngine Review
4.3★An ETF-only UK platform with free DIY ISA and SIPP accounts and an optional managed service. One of the cheapest ways to run an ETF portfolio, if ETFs are all you need.
Key facts
- Savings-plan fee
- Free
- Min. savings plan
- £10
- Custody fee
- £0 DIY (Managed 0.25%)
- FX fee
- None (GBP-only ETFs)
- Regulator
- FCA (UK)
- Deposit protection
- FSCS protection up to £85,000
- Founded
- 2019
- Available in
- GB
Best for
- Low-cost ETF-only ISA or SIPP
- Beginners who want managed or DIY
Pros
- Free DIY ISA and SIPP, no dealing fees
- Fractional ETF investing, GBP-only so no FX cost
- Optional managed portfolios (0.25%)
Cons
- ETFs only (no shares, funds or trusts)
- Younger, smaller platform
- Managed option carries a fee