- 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
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Fair cost and felxible
Fair cost and felxible
Very simple and easy to...
Very simple and easy to use and useful information
Cheaper if investing in funds
Cheaper if investing in funds
Fixed fees independent of account...
Fixed fees independent of account size and cheap dealing fees
No problems
No problems
Cheap trading costs, not always...
Cheap trading costs, not always good fills
Good on costs and overseas...
Good on costs and overseas investing
Low cost, simple efficient trading...
Low cost, simple efficient trading and permits a vast range of investments
OK
OK
Awkward user interface
Awkward user interface
Excellent
Excellent
New to me and not...
New to me and not used all site
good
good
Good value, easy to use
Good value, easy to use
Good, straightforward
Good, straightforward
Flat rate fees has great...
Flat rate fees has great appeal.
No view. I just use...
No view. I just use it and it works
very cost effective and good...
very cost effective and good research tools
Exceptional value. Wish they offered...
Exceptional value. Wish they offered more Bonds
- 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.
