Investment fees can significantly impact your overall returns, so it's important to understand the types of fees you may encounter when using different investment platforms and funds. Here’s a breakdown of the key fees:
1. Platform Fees:

Definition: Platform fees are charges that investment platforms (such as Hargreaves Lansdown, AJ Bell, or Vanguard) apply for using their services. This fee is typically a percentage of your total assets on the platform or a flat annual fee.
Typical Range: Platform fees usually range from 0.15% to 0.45% per year of the value of your investments. Some platforms charge a fixed fee instead, which can be benefic...