- Good Money Guide experts commend Interactive Investor for its extensive range of investment trusts, highlighting the platform's regular updates on popular trusts and its strong historical presence in the investment trust market. They note the competitive pricing structure and high ratings across various criteria, including customer service and research capabilities, while cautioning that the fixed fee structure may not be ideal for smaller investments.
- Across 1125 user reviews on Good Money Guide, averaging 4.3/5, customers frequently appreciate the platform's reliability, user-friendly interface, and competitive flat-fee structure, particularly for high-volume trading. However, some users express dissatisfaction with rising account fees, clunky platform navigation, and customer service challenges, indicating a mix of positive experiences and notable frustrations.
Interactive Investor Investment Trust Investing Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated Interactive Investor Investment Trust Investing across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- Online Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- 84 investment trusts
- Fixed account fee of £9.99*
- £1 minimum deposit
Cons
- Fixed fee structure is not great for buying small amounts of investment trusts
See full expert review
Our verdict
Interactive Investor won best fund broker in our 2024 awards. Their Super 60 investments, ACE 40 ethical list and Model Portfolios include a range of investment trusts and they publish a regularly updated list of the most popular investment trusts on their platform.
Capital at risk.
Does Interactive Investor have a good range of Investment Trusts?
Yes, Interactive Investor has a wide range of investment trusts, and they regularly update the most popular trusts with their customers which can help picking which ones to invest in.
II has a long association with the investment trust market. Investment trusts are closed-end funds that follow a specific investment mandate. Investment trusts are listed on the stock exchange and their shares trade in the same way that other stocks do.
However, unlike open-ended funds such as ETFs, the value of the shares in an investment trust are driven by the supply and demand for the shares in the trust rather than the values of the underlying investment.
That said investment trusts typically trade and are valued at a premium or discount to the NAV or Net Asset Value of those underlying investments.
You can invest in as many investment trusts as you wish. Though most investors will try to select the best funds in a particular space or theme.
II provides plenty of information about the best-performing Investment trust over various times frames and which funds have proven most popular with II clients, and articles on the sector and investing in it.
*Investment trust fund dealing commissions are a free trade every month, then charged £7.99 or upgrade to a £19.99 “Super Investor” account 2 free monthly trades and deal for £3.99. Regular investing is free.
Customer reviews for interactive investor
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,125 reviews
- Excellent51%
- Very good33%
- Basic10%
- Poor4%
- Bad2%
Read customer reviews
Good
Good
Adequate.
Adequate.
. . effective, good value,...
. . effective, good value, safe and reliable.
Mediocre research, Platform good, reports...
Mediocre research, Platform good, reports good.
Do not provide profit and...
Do not provide profit and loss for CGT
Offers a sound platform which...
Offers a sound platform which is straightforward to use but does have odd traits
Good value SIPP platform
Good value SIPP platform
Cheaper but app is not...
Cheaper but app is not as good
App is good but fee...
App is good but fee structure not great.
4/5
Is to trade on. Quick...
Is to trade on. Quick access tom latest news.
Good range of assistance and...
Good range of assistance and information to help choose investments
OK
OK
Good platform
Good platform
The analysis of customer holdings...
The analysis of customer holdings is now poor
Website could be better, stop...
Website could be better, stop logging out after a period
Good platform, however analysing data...
Good platform, however analysing data sometimes difficult
Better value and covers my...
Better value and covers my investing needs
good and competitive trading costs
good and competitive trading costs
Very good and has customer...
Very good and has customer service in view
- Expert opinion: Interactive Investor reviewed & rated
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 The Sunday Times, 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.
