InvestEngine is committed to offering a cost-effective platform for UK investors. Here's a breakdown of our fees:
Platform fees
- ISAs and SIPPs: No platform fees
- Business accounts: No platform fees
- General investment accounts: No platform fees
- DIY Portfolios: No platform fee
- Managed Portfolios: 0.25% per annum
These fees are calculated daily and deducted monthly from your account balance.
You can view these fees at any time in your InvestEngine account in the Funding section of your profile.
ETF costs
While InvestEngine doesn’t charge dealing fees, the ETFs themselves have their own costs:
- DIY Portfolios: ETF charges start from 0.03% per annum, depending on the ETFs selected.
- Managed Portfolios and LifePlans: Average ETF charge is 0.12% per annum.
These charges are built into the performance of the ETFs.
Additional costs
There is also a small difference- the market spread, between the buying and selling prices of the ETFs. With our Managed Portfolios and LifePlans, these spread costs average 0.08% per annum.
To keep our service as low‑cost as possible, we retain the interest on any uninvested cash in your account. It is important to note that we do not charge a management fee on the cash element of your Managed Portfolio. Instead, we retain all of the interest earned on this cash as part of our charges for managing your portfolio. This means that you will not receive interest on the cash held within your portfolio, and we will retain any interest paid by our banking or custody partners.
InvestEngine does not charge for withdrawals or transfers, and there are no hidden fees.