InvestEngine vs Interactive Investor

InvestEngine vs Interactive Investor Comparison Table 2024
InvestEngine Interactive Investor
3
4.6

InvestEngine was founded in 2019 by the founders and CEOs of Gumtree and Ramsey Crookall, a successful independent wealth management firm. The company is regulated in the UK by the FCA and has planted itself as a strong competitor within the retail stock trading space, offering managed and DIY investment portfolios and access to more than 550 global ETFs.

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.

Comment by Reviewer
"InvestEngine is best for UK investors looking to speculate on the financial markets through low-cost ETFs. We especially like the flexible investment solutions, with both managed and DIY portfolio options." "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."
Pros
  • We were impressed by the company's provision of analytics reports and strategy advice, as well as top product picks and a detailed blog
  • Hands-on investors can benefit from completely free access to InvestEngine's services, only paying for any dealing charges
  • We think the firm's investment platform is intuitive and impressive, making the whole experience simple and stress-free
  • InvestEngine clients have a wide choice of investment and savings accounts to tailor solutions to their goals
  • Managed portfolios provide professional advice and expert picks for a commission of only 0.25%
  • 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
Cons
  • Any clients looking for long-term gains from individual company stock investments must look elsewhere as InvestEngine limits its products to ETFs
  • Despite offering several account types, the firm does not support Lifetime ISAs or Self Invested Pension Pots (SIPPs)
  • No tiered services for high-net-worth investors
  • No free demo account
  • No copy trading tools
Awards
  • Investment Platform of the Year 2022
  • Best Low-cost SIPP 2022
  • Shareholder Rights Champion 2022
  • Best Low Cost Stockbroker 2022
  • Retail Investor Champion of the Year 2021
  • Best Low Cost Stockbroker 2021
  • Best Stocks and Shares ISA provider 2021
  • Best Stocks & Shares ISA Provider 2020
  • Best Stockbroker for International Dealing 2020
Instruments
ETFs Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
No No
Minimum Deposit
£100 £0
Trading Platforms
  • Own
  • Own
Payment Methods
Minimum Trade
$1 £25
Regulator
FCA FCA
Margin Trading
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
Yes No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Android App Rating
2.5
iOS App Rating
4.4
Auto Trading
Yes Ready-Made Portfolios
Copy Trading
No No
Social Trading
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes Yes
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • GBP
  • GBP
Stock Exchanges
Commodities
More Comparisons
InvestEngine
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Interactive Investor
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