- Good Money Guide experts rate Interactive Investor highly for its low, flat fee structure of £9.99 per month, which is beneficial for investing in open-ended investment companies. However, they note that this fixed fee may not be ideal for very small accounts, and the platform's overall rating stands at 4.1/5, with strong scores in pricing, market access, and customer service.
- Across 1125 user reviews on Good Money Guide, averaging 4.3/5, customers frequently highlight the platform's user-friendly interface and efficient customer service. Many appreciate the competitive flat fee structure, especially for high-volume trading, while some express concerns about rising fees and issues with the platform's functionality. Additionally, a few users report frustrations with customer support and account management processes.
interactive investor OEIC 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 OEIC Investing across five key areas of our review framework.
- Pricing4.5
- Market Access4.0
- Online Platform4.0
- Customer Service4.0
- Research & Analysis4.0
Pros
- Fixed account fee of £9.99*
- £1 minimum deposit
Cons
- Fixed fee not great for very small accounts
See full expert review
Our verdict
Interactive Investor charge a low, flat fee of £9.99 per month for investing in open-ended investment companies. This covers OEIC investing for Stocks and Shares ISA, Junior ISA and Trading Account (you can also add a SIPP for an extra £10 per month).
Capital at risk.
Summary
*Open-ended investment company 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
Account info set out in...
Account info set out in a conventional and easily understood manner. Good quick customer service via their secure message system. I rate them as being very good all-rounders.
Reliable, quick to credit dividends,...
Reliable, quick to credit dividends, good range of stock.
I find it hard to...
I find it hard to navigate and not very intuitive.
Reasonable value, monthly share tradind...
Reasonable value, monthly share tradind credit useful.
Platform easy to use but...
Platform easy to use but annoyed that dealing account pays in dollars rather than automatically converts. Good tax reports and documentation
Ok but difficult website
Ok but difficult website
Good website, app and reasonable...
Good website, app and reasonable fees
quick and easy
quick and easy
Good
Good
User friendly
User friendly
Admittedly I preferred the lower...
Admittedly I preferred the lower fees of the Sharedealing centre which Abrd bought and am now part of ii. Very good customer service however.
5/5
Easy to use and works...
Easy to use and works well
I use my ii account...
I use my ii account for my trading and find it easy to use and straightforward
5/5
No thoughts
No thoughts
Simple to use - intuitive
Simple to use - intuitive
Good support
Good support
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.
Easy to use.
Easy to use.
You can buy OEIC’s on Interactive Investor and as opposed to united trusts which you trade like a companies shares, new shares are created or deleted in an open-ending investment trust when investors buy or sell them.
- 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.
