WiseAlpha Review: Buy bonds you can’t afford with fractional bond notes

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WiseAlpha say they are an award-winning online investment platform that liberates a multi-trillion-dollar market for the masses.

Customer Reviews

4.7

181 Good Money Guide reviewers have given this provider an average rating of 4.7 out of 5 based on their genuine experience.

Excellent83%
Very good7%
Average6%
Poor3%
Terrible1%

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

Anil @ 04/26/2019 04:54

29th April 2019

Great platform, highly recommend!

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Anil

Amrik @ 04/26/2019 04:27

29th April 2019

So easy to invest and use.

Online Platform 5/5

Customer Service 5/5

Amrik

Tim @ 04/26/2019 04:24

29th April 2019

Great idea to allow the average person to invest in corporate bonds, easy to use website and great communication.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Tim

S Muir @ 04/26/2019 03:46

29th April 2019

Given the full valuation of the stock market, it is good to have a sound alternative investment. Interest payments are from larger/safer companies than you can access via p2p platforms. These Bond investments would not otherwise be available to the retail market in the low amounts that I seek to invest. I am able to get good diversity across my bond investments, which means they mature at different times and provide and allow me to spread my credit risk.

Online Platform 5/5

Customer Service 5/5

S Muir

Nitin Patel @ 04/26/2019 03:43

29th April 2019

Great investment opportunities

Online Platform 5/5

Customer Service 5/5

Nitin Patel

Nhan San @ 04/26/2019 03:33

29th April 2019

Have been using the service for last 6 months including IFSA.

The app works flawlessly and really easy to navigate.

sign up process and funding account was a simple process.

Questions raised in the app chat function gives easy access to customer service and questions are answered timely.

The robowise works well and for all investments you can see the monthly returns.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Nhan San

Theo van den berg @ 04/26/2019 03:28

29th April 2019

Very good returns and amazingly easy to get started.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Theo van den berg

Nikhil Mukhi @ 04/26/2019 02:51

29th April 2019

Love these guys… they’re making top level corporate bonds available to the everyday investor… The best risk-to-return ratio of any investment class I know, and they do it simply and inexpensively.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Nikhil Mukhi

Stephen @ 04/26/2019 02:44

29th April 2019

Starting with log in. Quick with mobile phone unique pin. Sounds lengthy but itÔÇÖs instant and iÔÇÖm Very happy with security.

In account dashboard it is obvious and uncluttered.

Easy to see money invested and very easy to see future returns.

And there are no direct fees. Instead itÔÇÖs just a nominal share of the interest. Which is incredibly good value compared to other Bond providers.

And I like the information available on each bond available which helps me make an informed choice

Online Platform 5/5

Customer Service 5/5

Stephen

Geoff Nicholson @ 04/26/2019 02:43

29th April 2019

Excellent easy access to financial investments not usually open to small amounts of money. Clear information and instructions.

Geoff Nicholson

George @ 04/26/2019 02:23

29th April 2019

Amazing product

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

George

Joyce @ 04/26/2019 02:14

29th April 2019

The best financial product site going, so easy to view and complete trades.

Online Platform 5/5

Customer Service 5/5

Joyce

Andrew Everingham @ 04/26/2019 02:08

29th April 2019

WiseAlpha’s market is well laid out, with a good range of investment options not available elsewhere below a 50K minimum. I’ve only ever had to access customer service via livechat and found this to be responsive, with the operator always solving the issue for me first time. I have recommended this service to others and have no doubt I’ll continue to use this service.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Andrew Everingham

KALPESH @ 04/26/2019 01:57

29th April 2019

First and foremost it democratise Fixed Income Investment products to the private investor, then WiseAlpha gives you a digital platform that allows you all the information you need to make a informed decision on the type of product you want to invest in and final the execution & communication through the process is excellent.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

KALPESH

nick @ 04/26/2019 01:44

29th April 2019

Gives easy access to an asset class usually only available to funds. This allows you to select your own risk tolerance. I was able to invest small amounts in bonds that required minimum £100k investments.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

nick

David @ 04/26/2019 01:18

26th April 2019

This unique web based company offers a access to corporate bonds that usually requires a stockbroking intermediary. works great too!

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

David

Harsh Dhul @ 04/26/2019 01:17

26th April 2019

Good platform with wide variety of investment options with varied risk and interest rates.

Online Platform 5/5

Customer Service 5/5

Harsh Dhul

Mark Gamble @ 04/26/2019 01:11

26th April 2019

A great platform ~ the first time I’ve had fun investing seem to give good advise too!

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Mark Gamble

Andrea @ 04/26/2019 01:11

26th April 2019

WiseAlpha is a very simple platform, with moderate fees, which allows investments in corporate bonds which are naturally not available to retail investors. Those investments do bear a risk.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Andrea

Chris Roberts @ 04/26/2019 01:21

26th April 2019

Great easy to use platform, nice helpful staff.

Online Platform 5/5

Customer Service 5/5

Fees & Pricing 5/5

Chris Roberts

WiseAlpha Expert Review

WiseAlpha Review

Name: WiseAlpha

Description: WiseAlpha is an online investment platform that enables UK investors to invest in fractional corporate bonds. Its aim is to make bonds – which traditionally were only accessible to large institutional investors due to high minimum transaction levels (£100k+) – more accessible to private investors.

Summary

For those looking for more adventurous bond investments, WiseAlpha lets you invest in bonds with high minimum deposits you wouldn’t ordinarily be able to access.

Pros

  • Extensive high-yield bond access
  • Good educational material
  • Easy to use

 

Cons

  • OTC product
  • No FSCS coverage
  • For sophisticated investors only
  • Pricing
    (4)
  • Market Access
    (4)
  • Online Platform
    (4)
  • Customer Service
    (4)
  • Research & Analysis
    (4)
Overall
4

WiseAlpha Alternatives

For those looking to invest in corporate bonds, there are a number of alternatives to WiseAlpha.

One alternative is the London Stock Exchange’s Order Book for Retail Bonds (ORB). This is a platform for investing in UK fixed income securities. More than 60 gilts and over 100 corporate bonds (tradable in denominations of £1,000 or similar) are available for trading on the electronic order book.

Another alternative is Hargreaves Lansdown. It currently offers access to several hundred corporate bonds issued by companies such as HSBC Holdings, Marks & Spencer Group, and National Grid. Many are only available over the phone, however. Saxo Markets is another broker that offers exposure to bonds. It currently offers access to more than 5,000 government and corporate bonds in Europe, US, Asia, Middle East and Latin America digitally.

Bond BrokerBonds AvailableBond Dealing CommissionBond Account FeeGMG RatingMore Info
Interactive Brokers bond trading platform1m+0.1% to 0.015% depending on volume£0
(4.5)
Visit Broker
Capital at Risk
Saxo Markets bond trading platform4,5000.2% to 0.05% on Government bonds depending on account type0.12% or 0.08% for VIP accounts
(4.3)
Visit Broker
Capital at Risk
Hargreaves Lansdown bond investing platform10,000+£11.95 (or £5.95 if more than 20 deals done in previous month)0.45% capped at £45 per annum
(3.9)
Visit Broker
Capital at Risk
Interactive Investor bond investing platform10,000+£7.99 or £3.99 for "Super Investors"£4.99 a month
(3.9)
Visit Broker
Capital at Risk
AJ Bell Youinvest bond investing platform5,000+£9.95 (or £4.95, if you do 10 or more online deals in the previous month)0.25% capped at £3.50 per month
(3.9)
Visit Broker
Capital at Risk
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