InvestEngine Review – “E”very “T”rade “F”ree Investing

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Overall we rate InvestEngine as a very good investing platform with a GMG rating of 4 stars and excellent customer feedback of 4.8 stars from over 1,500 client reviews.

InvestEngine Customer Reviews

4.8

1,519 Good Money Guide reviewers have given this provider an average rating of 4.8 out of 5 based on their genuine experience.

Excellent89%
Very good9%
Average2%
Poor0%
Terrible0%

Leave a review and tell us what you think to help others make more informed financial decisions.

Excellent service overall

18th November 2024

I love Invest Engine. They offer a wide range of funds and good analytics to track investments. Highly recommended!

Charles Shodijo
Verified

Great APP

13th November 2024

Very easy to navigate the app, very low fees, totally recommend.

Conrad Murray
Verified

The leading investment platform

11th November 2024

Simply put, no other platform comes close when it comes to affordability, simplicity, and the range of funds on offer.

Joe
Verified

Great ISA & Good App

6th November 2024

Simple fee structure. No fee for self-manage ISA & only 0.15% for managed ISA. SIPP also at 0.15% maximum of £200pa so good value for smaller pots of money. 1 less star as there are better value platforms for larger amounts and on the odd occasion there’s been a slight delay buying/selling ETFs.

App is pretty straightforward and nicely designed.

Overall I highly recommend

JM
Verified

The begginer friendly investment

6th November 2024

To start as simple as 123. The platform is clean ad simple as it should be. Choose your own ways or trust the experts to manage a portfolio if you unsure and a regular contribution soon adds up if you patient. It did it for me.

Laszlo Kotaszek

Opening my online account

4th November 2024

The process was easy to set up and understand

Michael Toohey
Verified

Easy Simple Investing

4th November 2024

Looked at many other platforms but Invest Engine was perfect for me.

Carmine
Verified

So Easy

4th November 2024

Simple to sign up, simple to invest. A great way to get started saving for your future.

Jon
Verified

Daily efficient

4th November 2024

Simple design, easy to use. Fees are slightly higher then other platforms

Daniel Alexander

Easy, low cost investing

4th November 2024

Very easy to use and low cost. You can invest very small amounts of money and select proportion of each ETF, so you can easily keep your portfolio balanced.

Lucy Hobson
Verified

Great Tool

4th November 2024

It is a easy way to invest and keep control of your money while it grows

Eri Tox

Easy to use

4th November 2024

You can set up multiple pots – easy to use and review

Andrew Younie
Verified

Simple & Effective

2nd November 2024

Does what it’s supposed to do, very easy to use and simplistic design. Great for everyone!

Paul Sukhantee
Verified

Easy to manage funds

2nd November 2024

Great platform and low fees, easily see performance and move funds around

Aval Patel

The best

2nd November 2024

I’m just starting with them, but super helpful user interface, brilliant references, and thorough and professional approach

Jake Patterson

Intuitive site even for a 1950’s baby boomer

2nd November 2024

Excellent intuitive site

Len Brown
Verified

Super intuitive and cheap

2nd November 2024

From the first moments of registration InvestEngine is super intuitive, offering a wide range of ETFs and allowing you to execute your investments smoothly and cheaply. Offering stocks and shares ISA.

Agnieszka

Very easy to use

2nd November 2024

Simple, straightforward investments

No hidden fees

Really good graphs/metrics explaining investment performance

Easy to “set and forget” with autoinvestment

Jessica Wright
Verified

Ease of use and any issues dealt with by friendly and competent staff.

2nd November 2024

Easy to set up and any questions are answered quickly and efficently. Interface easy to understand without too many complications.

Jeff Day
Verified

Easy easy

2nd November 2024

I like invest engines easy set up and ease in which you can buy efts

My company opened a business account and the onboarding team were helpful and very responsive

David rowland

Capital at limit

InvestEngine Expert Review

InvestEngine Review
Good Money Guide Recommended 2024

Name: InvestEngine

Description: InvestEngine is a low cost ETF investment platform that lets you buy around 600 exchange traded funds with zero commission. They also have a managed ETF investment service, for those that want help with what to invest in.

Is InvestEngine any good?

Yes, InvestEngine is a good way to buy ETFs. InvestEngine makes it really simple to get started by investing in ETFs with zero commission, although the market range is a bit limited if you are looking for more complex asset classes. Plus, they also have a managed service for those that want an expert to build a diverse portfolio of ETFs for them.

Pros

  • Fractional ETF investing
  • Zero commission ETFs
  • Managed ETF portfolio service

Cons

  • Limited to ETFs
  • Early stage company
  • Pricing
    (5)
  • Market Access
    (3.5)
  • Platform & App
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (3.5)
Overall
4

I’ve never had any doubts about InvestEngine as an investment account, but in the past, I’ve always been a little worried about new ‘free’ or very low-cost investing accounts. In particular, because investing is a very complex business and the last thing you need to worry about is your investment platform going bust.

But InvestEngine is doing great business at the moment. I recently saw Andrew Prosser (who incidentally collected InvestEngine’s award for Best ETF investing Platform in 2023) at the London Trader Show talk about their growth. And the good news is that they now look after more client money than ever and around 35% of that is in InvestEngine’s managed ETF account. This means that as well as you are able to make money by investing in ETFs through their free account.

InvestEngine Ratings Explained:

  • Pricing: Top marks as it is actually free to buy and hold ETFs in a GIA and ISA (although keep in mind you have to pay ETF charges to the exchange). Plus, the InvestEngine SIPP and managed accounts are very low cost too
  • Market Access: InvestEngine only offer about 600 ETFs on their platform so are marked down a bit here. However, they do offer enough to build a diverse portfolio of exchange-traded funds
  • Platform & App: Both are well built and easy to use, intuitive and cross-device
  • Customer Service:  InvestEngine are easy to contact through chat (even on weekends) plus an active community board. There is no published phone number on the site though
  • Research & Analysis: A bit on the blog, but they are more insights, with a fairly active social channel (mainly investing tips or product highlights).

Capital at limit

InvestEngine Managed Portfolios

Watch as we chat to Andrew Prosser, the Head of Investments at InvestEngine about their managed portfolios for investors who don’t have the knowledge or experience to invest themselves.

Capital at limit

InvestEngine Facts & Figures

⬜ Public Company✔️
👉 Number Active Clients38,000
💰 Minimum Deposit£100
💸 Client Funds£390m
📅 Founded2019
Account Costs
👉 Investment Account
0%
👉 SIPP
0.15%
👉 Stocks & Shares ISA
0%
👉 Junior ISA
👉 Lifetime ISA
Dealing Costs
👉 UK Shares
👉 US Stocks
👉 ETFs
£0
👉 Bonds
👉 Funds

Capital at limit

InvestEngine – Good Money Guide Award Winners

InvestEngine won our award for best ETF investment platform in 2024 and 2023.

Capital at limit

Best ETF Platform - Good Money Guide Awards Winners 2024

InvestEngine wins best ETF platform at Good Money Guide Awards

InvestEngine won the Best ETF Platform award this year because it’s one of the few platforms that lets you invest in ETFs with zero commission. Plus, if you need a bit of guidance with ETF investing, they offer a managed ETF service as well. https://youtu.be/tTIo_m6ONmA Elspeth Brown from InvestEngine said:“We’re really excited to be here

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InvestEngine Growth

InvestEngine’s client assets more than double since start of 2024

InvestEngine’s client assets have more than doubled so far this year, making it the UK’s fastest growing investment platform in terms of relative growth. Assets under administration on the ETF trading platform have shot up 117.6% since the start of 2024 to reach £674 million, according to Fundscape data. Much of that growth came in

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InvestEngine

InvestEngine hits half a billion AUM milestone

InvestEngine reaches a key AUM milestone in a climate of ETF demand. InvestEngine, the investment platform that offers commission-free ETF trading, has announced it has reached a major milestone, surpassing a figure of £500 million in assets under management or AUM. This achievement is driven at least in part by a +70.0% increase in assets

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InvestEngine

InvestEngine raises another £2m via Crowdcube valued at £27m

ETF-focused Fintech InvestEngine has closed another successful crowdfunding round on Crowdcube, with the commission-free investment platform picking up almost £2.0 million in new funds. InvestEngine valued at nearly £30m InvestEngine had targeted £1.25 million from its latest crowdfunding round, which was managed by Crowdcube, however, it comfortably surpassed that figure and raised £1.94 million. This

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