- 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
5/5
5/5
good
good
is ideal for serious, experienced...
is ideal for serious, experienced investors looking for a wide range of investment options and comprehensive tools, despite the higher fees.
Good competitive fees
Good competitive fees
Easy use onine Platform and...
Easy use onine Platform and cheap.
poor exchange currency rates
poor exchange currency rates
Ok
Ok
Excellent
Excellent
No issues
No issues
Works well for buying, selling...
Works well for buying, selling and holding a great veriety of investments
The platform has improved considerably...
The platform has improved considerably in recent years and now works well at low cost
No
No
good
good
Good information
Good information
All investments and documents easily...
All investments and documents easily accessible. Good customer service
Efficient reliable
Efficient reliable
Not as good as IG...
Not as good as IG but it works
Easy to use, comprehensive, good...
Easy to use, comprehensive, good value
Excellent and good value
Excellent and good value
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.
