Interactive Investor Junior ISA Review: A Free Self-Select JISA For II Customers
Account: Interactive Investor Junior ISA
Description: With an ii JISA you can invest in over 40,000 shares, bonds, funds or pre-built portfolios. So if you are looking for a self-select JISA it is one of the most flexible investment ISAs for children on the market at the moment. JISAs are free to add if you're on the Plus plan (£14.99 a month). If you’re on the basic Core plan, you'll need to upgrade to open a JISA.
Capital at risk.
Is the Interactive Investor junior ISA (JISA) any good?
Yes, Interactive Investor’s JISA is a great way to invest for your children if you have a Plus investing account with ii as it’s free to open as many JISAs as you have children, and you can invest in a huge range of shares, bonds and funds.
Fees: *ii JISAs are free for customers on the Plus plan, which is £14.99 a month. There’s 1 free trade per month and you can buy and sell funds for £1.49. UK and US shares are £3.99 shares and other international shares are £7.99. There’s also a Premium plan, which is £39.99 a month.
Special Offers:
- One free trade per month – One buy or sell order is free every month, after that, the cost is between £3.99 and £7.99 depending on what plan you are on.
- Free investing for your friends and family – You can give up to 5 family members a free investment account subscription with Interactive Investor’s Plus plan. Each member can invest up to £100,000 in an ISA or a general investing account with free regular investing and no account fees. However, they will still pay normal dealing commissions when they buy and sell investments.
- Get £200 when you refer a friend to Interactive Investor – Recommend a friend or family member to ii and get a £200 reward. Your friend will get their first year’s service plan for free. To qualify, your friend must transfer or fund their account with at least £5,000 in combined cash/investments. However, your friend will not receive the usually monthly free trade.
Pros
- Pick your own investments or use their model portfolios
- £1 minimum deposit makes it easy to get started
Cons
- You have to pick your own investments
- Only free if you have an ii Plus account
- Pricing (5)
- Market Access (5)
- Online Platform (5)
- Customer Service (5)
- Research & Analysis (5)
Overall
5- 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.