Yes, if you want to invest in shares, ETFs and pre-made portfolios in a tax-free wrapper, IG offer a stocks and shares ISA. If you want to combine your short-term trading with some longer-term investments you can have both on IG. If I’m completely honest there are better stand-alone investment platforms that offer ISAs like Interactive Investor, where you pay a flat fee for all your accounts as opposed to IGs quarterly custody fee. But for tax free trading (spread betting) and tax free investing (ISAs), IG has a very good offering.
IG offer a very cheap way to include US stocks directly in your investment ISA. But, if you prefer not to trade in individual equities you can take advantage of and invest in a range of Smart Portfolios that are selected and managed by BlackRock on IGs behalf.
- Investments:Â Shares, ETFs, investment trusts & pre-made portfolios
- Minimum deposit: £250
- ISA account charge: £24 per quarter
- ISA dealing fee: Shares £3 – £8
Fees: IG charge £24 per quarter in custody fees for an ISA account. There is zero commission on US share trades and just £3 on UK share trades when you trade three or more times a month. Standard dealing fees are £8 for UK and £10 for US shares. Smart Portfolio fees are 0.5% – capped at £250 per year. Fund management charges are 0.13% and transaction costs are 0.09%.
Special Offer:
- Free US stock investing – There is zero commission on US share trades and just £3 on UK share trades when you trade three or more times a month.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
