Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
Vanguard is a US-headquartered brokerage with 50 million clients globally and $8+ billion in assets under management. The brands offers investing in stocks, mutual funds, bonds, ETFs and options with low fees. The trusted broker is regulated by the SEC, FINRA and FCA.
Comment by Reviewer
"Interactive Investor is an excellent pick for UK traders interested in longer-term investing products like ISAs and SIPP accounts. The low fixed fees for large portfolios and 40,000+ stocks will also appeal to traders with a decent bankroll."
"We recommend Vanguard for long-term investors looking for managed accounts and self-directed trading opportunities. Fees are competitive, with zero-commission stock and ETF trading."
Pros
FCA-regulated
No minimum deposit
40,000+ stocks and shares
Excellent market research
User-friendly investment app
Low fixed fees for large portfolios
Multiple payment methods including bank cards
Highly rated and trusted by 400,000 investors
Less than 1 minute average wait time for customer support
Trusted since 1975 with strong regulatory oversight in the US and UK
Retirement and ISA accounts available alongside traditional investing solutions
Fully managed accounts providing a hands-off approach to investing
Excellent education and user guides compared to alternatives
Competitive fee structure with a 0.15% account fee
Commission-free stock and ETF trading
Well-designed mobile app
ESG funds available
Cons
No free demo account
No copy trading tools
Limited payment methods - credit cards, cheques and e-wallet are not supported
High minimum investment amounts, including $3000 for the majority of mutual funds
No demo account available to practise trading risk-free
