ISA fees at key portfolio sizes
| Portfolio | Funds | ETFs | Shares |
|---|
Monthly trading assumed. Verify at InvestEngine
Accounts & features
| Stocks & Shares ISA | ✓ |
| SIPP | ✓ |
| GIA | ✓ |
| Flexible ISA | ✗ |
| Fractional shares | ✓ |
| Regular investing | ✓ |
| Mobile app | ✓ |
| FSCS protected | ✓ (up to £85,000) |
Overview
InvestEngine offers one of the most compelling propositions in UK investing: a Stocks & Shares ISA with zero platform fee. You pay nothing to InvestEngine for holding your investments — only the underlying fund costs (OCF) apply.
The catch: InvestEngine only offers ETFs. No funds, no investment trusts, no individual shares.
How it works
InvestEngine makes money through its managed portfolio service (where they charge 0.25% per year) and through interest on cash balances. The DIY ETF ISA remains free.
Who is InvestEngine best for?
- ETF-focused passive investors who don’t need funds or shares
- Cost-minimisers for whom zero platform fees are the goal
- Any portfolio size — there’s no point at which a paid platform becomes cheaper for ETF investing
Limitations
- ETFs only — no funds, shares, or investment trusts
- Smaller range than HL or AJ Bell
- No SIPP offered (though SIPP is available)
- Less comprehensive research and tools
Verdict
For pure ETF passive investing, InvestEngine is extremely difficult to beat on cost. If your strategy is a small number of index ETFs and nothing more, the zero fee is compelling. Compare against Vanguard (which has a similar approach but charges 0.15%) and Trading 212 (also free, broader but more trading-focused).
Open a InvestEngine ISA
Open account at InvestEngine →Affiliate link — we may earn a commission. Capital at risk.