InvestEngine Review – “E”very “T”rade “F”ree Investing

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Overall we rate InvestEngine as a very good investing platform with a GMG rating of 4 stars and excellent customer feedback of 4.8 stars from over 1,500 client reviews.

InvestEngine Customer Reviews

4.8

1,519 Good Money Guide reviewers have given this provider an average rating of 4.8 out of 5 based on their genuine experience.

Excellent89%
Very good9%
Average2%
Poor0%
Terrible0%

Leave a review and tell us what you think to help others make more informed financial decisions.

Easy to use and good ROI

30th October 2024

Makes everything simple and I get good returns on my investments through their managed portfolio.

Lewis
Verified

Great app and good value

30th October 2024

Brilliant company, easy to use app and very good cost

John Salt
Verified

invest engine

30th October 2024

very easy to use app which makes setting up a portfolio very easy with lots of funds to choose from, and the fees are low.

Phillip Thompson
Verified

Brilliant app

30th October 2024

I’ve been using invest engine for a few months now and its so easy to manage everything on the app. It’s made getting into investing so easy!

Chloe Roy
Verified

It works good

30th October 2024

It works good

Tom

Easy to access both on phone and desktop

30th October 2024

Easy to access both on phone and desktop, happy

MR MUHAMMAD FIAZ

The least intrusive

30th October 2024

I can’t stand notification spam from investments apps, this one is silent and just puts my cash to work.

Dave Mitchell

Managed and self managed investment

30th October 2024

I have both managed and self managed ISA Portfolio….monthly investment and monitoring, via the app, is made easy ….managed investments are adjusted to suit market conditions making managing my portfolio very easy .

Martin meadows

Easy way to invest for first time investors

30th October 2024

Good returns so far looking forward to the future! Easiest app to use for first time investors

Jay C

Great User friendly App

30th October 2024

First time investor and I thought it was very approachable and quite easy to understand with very little knowledge on the app!

Leon Mason
Verified

Great for newbies like me

30th October 2024

As a person that is new to investing I’ve found the app both helpful and straightforward to use. I hope to keep using for years to come 🤞

Andy Hewitt

Top Pick

30th October 2024

I’ve tried a couple of providers for ISA & SIPP. I’ve settled with InvestEngine thanks to their low fees be ease of use platform.

Conor McCollum
Verified

InvestEngine Experience

30th October 2024

The app is amazing and easy to use for investing with analytics feature and automatic investments

Karttikay Bansal
Verified

Great app

30th October 2024

I love this platform. It’s really easy to use. Displays relevant information from the Home Screen. It handles transactions in a timely manner and the fees are great.

Jharad Blackett

Easy to use

30th October 2024

Ive been using it over a year now and the platform is super easy to navigate through and understand. I would recommend Invest Engine to any newbies trying to get more into investing.

Martha Lucia

Good for beginners

30th October 2024

I found this app really easy to use. I’m new to investing and found InvestEngine very quick and efficient. Highly recommend!

Karl
Verified

Excellent

30th October 2024

Great app, simple to understand with robust features.

Jamie jordan
Verified

Low cost investing with access to a broad range of funds

30th October 2024

I’ve been investing with InvestEngine for 2+ years and find the platform user friendly with a good range of investment options. Also very easy to withdraw funds if required.

Nick Morrison
Verified

Easy to Use

30th October 2024

Simple to set up and very easy to use.

Tom

Easy ETFs

30th October 2024

Simple and effective, clear when you login and the customisation of the payment plan is a great feature. Low fees as well!

Dylan Houghton

Capital at limit

InvestEngine Expert Review

InvestEngine Review
Good Money Guide Recommended 2024

Name: InvestEngine

Description: InvestEngine is a low cost ETF investment platform that lets you buy around 600 exchange traded funds with zero commission. They also have a managed ETF investment service, for those that want help with what to invest in.

Is InvestEngine any good?

Yes, InvestEngine is a good way to buy ETFs. InvestEngine makes it really simple to get started by investing in ETFs with zero commission, although the market range is a bit limited if you are looking for more complex asset classes. Plus, they also have a managed service for those that want an expert to build a diverse portfolio of ETFs for them.

Pros

  • Fractional ETF investing
  • Zero commission ETFs
  • Managed ETF portfolio service

Cons

  • Limited to ETFs
  • Early stage company
  • Pricing
    (5)
  • Market Access
    (3.5)
  • Platform & App
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (3.5)
Overall
4

I’ve never had any doubts about InvestEngine as an investment account, but in the past, I’ve always been a little worried about new ‘free’ or very low-cost investing accounts. In particular, because investing is a very complex business and the last thing you need to worry about is your investment platform going bust.

But InvestEngine is doing great business at the moment. I recently saw Andrew Prosser (who incidentally collected InvestEngine’s award for Best ETF investing Platform in 2023) at the London Trader Show talk about their growth. And the good news is that they now look after more client money than ever and around 35% of that is in InvestEngine’s managed ETF account. This means that as well as you are able to make money by investing in ETFs through their free account.

InvestEngine Ratings Explained:

  • Pricing: Top marks as it is actually free to buy and hold ETFs in a GIA and ISA (although keep in mind you have to pay ETF charges to the exchange). Plus, the InvestEngine SIPP and managed accounts are very low cost too
  • Market Access: InvestEngine only offer about 600 ETFs on their platform so are marked down a bit here. However, they do offer enough to build a diverse portfolio of exchange-traded funds
  • Platform & App: Both are well built and easy to use, intuitive and cross-device
  • Customer Service:  InvestEngine are easy to contact through chat (even on weekends) plus an active community board. There is no published phone number on the site though
  • Research & Analysis: A bit on the blog, but they are more insights, with a fairly active social channel (mainly investing tips or product highlights).

Capital at limit

InvestEngine Managed Portfolios

Watch as we chat to Andrew Prosser, the Head of Investments at InvestEngine about their managed portfolios for investors who don’t have the knowledge or experience to invest themselves.

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InvestEngine Facts & Figures

⬜ Public Company✔️
👉 Number Active Clients38,000
💰 Minimum Deposit£100
💸 Client Funds£390m
📅 Founded2019
Account Costs
👉 Investment Account
0%
👉 SIPP
0.15%
👉 Stocks & Shares ISA
0%
👉 Junior ISA
👉 Lifetime ISA
Dealing Costs
👉 UK Shares
👉 US Stocks
👉 ETFs
£0
👉 Bonds
👉 Funds

Capital at limit

InvestEngine – Good Money Guide Award Winners

InvestEngine won our award for best ETF investment platform in 2024 and 2023.

Capital at limit

Best ETF Platform - Good Money Guide Awards Winners 2024

InvestEngine wins best ETF platform at Good Money Guide Awards

InvestEngine won the Best ETF Platform award this year because it’s one of the few platforms that lets you invest in ETFs with zero commission. Plus, if you need a bit of guidance with ETF investing, they offer a managed ETF service as well. https://youtu.be/tTIo_m6ONmA Elspeth Brown from InvestEngine said:“We’re really excited to be here

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InvestEngine Growth

InvestEngine’s client assets more than double since start of 2024

InvestEngine’s client assets have more than doubled so far this year, making it the UK’s fastest growing investment platform in terms of relative growth. Assets under administration on the ETF trading platform have shot up 117.6% since the start of 2024 to reach £674 million, according to Fundscape data. Much of that growth came in

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InvestEngine

InvestEngine hits half a billion AUM milestone

InvestEngine reaches a key AUM milestone in a climate of ETF demand. InvestEngine, the investment platform that offers commission-free ETF trading, has announced it has reached a major milestone, surpassing a figure of £500 million in assets under management or AUM. This achievement is driven at least in part by a +70.0% increase in assets

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InvestEngine

InvestEngine raises another £2m via Crowdcube valued at £27m

ETF-focused Fintech InvestEngine has closed another successful crowdfunding round on Crowdcube, with the commission-free investment platform picking up almost £2.0 million in new funds. InvestEngine valued at nearly £30m InvestEngine had targeted £1.25 million from its latest crowdfunding round, which was managed by Crowdcube, however, it comfortably surpassed that figure and raised £1.94 million. This

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