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.

5/5

14th February 2023

Pros:

ETF,s and low fees

Cons:

Offers smaller ETF,s , like 10 technology growth stocks in one ETF and

GMG Awards Voter: [118243707814]

5/5

14th February 2023
GMG Awards Voter: [118243707302]

5/5

14th February 2023
GMG Awards Voter: [118243707111]

3/5

14th February 2023
GMG Awards Voter: [118243707127]

4/5

14th February 2023
GMG Awards Voter: [118243705613]

5/5

14th February 2023

Pros:

Simplicity

Cons:

More funds

GMG Awards Voter: [118243705418]

5/5

14th February 2023

Pros:

Cheap fees

Cons:

Include investment trusts

GMG Awards Voter: [118243704608]

5/5

14th February 2023

Pros:

Simplicity to use. Good visuals

Cons:

More products. Individual stocks. Crypto

GMG Awards Voter: [118243703507]

5/5

14th February 2023
GMG Awards Voter: [118243702694]

4/5

14th February 2023

Pros:

Friendly

Cons:

Can’t think of anything

GMG Awards Voter: [118243702579]

5/5

14th February 2023

Pros:

Easy to use and quick to get started. 0 fees and itÔÇÖs a fantastic app

GMG Awards Voter: [118243702509]

5/5

14th February 2023

Pros:

Cheap, user friendly app.

GMG Awards Voter: [118243701775]

5/5

14th February 2023

Pros:

low cost/ramge

GMG Awards Voter: [118243701517]

5/5

14th February 2023
GMG Awards Voter: [118243701746]

5/5

14th February 2023

Pros:

Quick customer service & UI

Cons:

More ETF’s/Individual Stocks

GMG Awards Voter: [118243701028]

5/5

14th February 2023
GMG Awards Voter: [118243700985]

5/5

14th February 2023

Pros:

Ease of use

GMG Awards Voter: [118243700652]

5/5

14th February 2023

Pros:

fees

GMG Awards Voter: [118243700622]

5/5

14th February 2023

Pros:

Easy to use

GMG Awards Voter: [118243700325]

5/5

14th February 2023

Pros:

ETFs holdings shown

Cons:

Add products

GMG Awards Voter: [118243700563]

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).

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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

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InvestEngine – Good Money Guide Award Winners

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

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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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