Our fees by account type
No hidden charges, no nasty surprises
When you open or transfer a Stocks and Shares ISA, you choose if you want to manage your account or for us to manage it for you.
Self-managed
You choose and manage your investments.
|
Under £32,000 |
£32,000 and over |
Account fee Pays for our operational costs, such as customer support. |
£4 a month (£48 a year) |
0.15% a year (max £375 a year) |
Fund management cost Specific to each fund they cover day-to-day running costs, such as dealing costs and taxes. |
0.06% to 0.79% |
0.06% to 0.79% |
These examples are only to give you an indication. We have shown average fund management fees, which may vary depending on your portfolio.
Managed
We choose and manage your investments for you. We charge a management fee for this service.
|
|
Any balance |
Account fee Pays for our operational costs, such as customer support. |
0.15% a year (max £375 a year) |
|
| Fund management cost Specific to each fund they cover day-to-day running costs, such as dealing costs and taxes. |
0.17% on average (depends on your portfolio) |
|
| Management fee Covers the cost of managing your investments. |
0.20% |
These examples are only to give you an indication. We have shown average fund management fees, which may vary depending on your portfolio.
Important to know
The account fee is only charged on invested money. Any cash in your account is not charged.
What you pay in fund management fees depends on the funds you’re invested in.
How much is my account fee if I have...
It depends on what your total invested balance is across all your accounts:
- under £32,000
£4 a month, £48 a year in total
- £32,000 or more
0.15% a year, capped at £375
You only pay 1 account fee even if you have more than one account. It is charged in proportion to the invested balance in each account.
The total cost of investing also includes fund management costs.
It depends on what your total invested balance is across all your accounts:
- under £32,000
£4 a month, £48 a year in total
- £32,000 or more
0.15% a year, capped at £375
You only pay 1 account fee even if you have more than 1 account. It is charged in proportion to the invested balance in each account.
The total cost of investing also includes fund management costs and the management fee for your Managed ISA.
You’ll pay 0.15% of your invested balance a year, capped at £375. The minimum £4 fee doesn’t apply if you only have these 2 accounts.
The total cost of investing also includes fund management costs and the management fee for your Managed ISA.
Our chatbot can you help you understand the changes based on the accounts you hold.
Open the chatbot and type 'fees' to get started.
Your questions answered:
Our fees explained
This fee covers the costs of running our online service, customer support team and keeping your investments secure.
The fee is based on the overall value of the investments held in your accounts.
Transaction costs
In managing a fund we need to buy and sell shares or bonds, which means we have to pay things like dealing costs and taxes. We keep these costs as low as possible by using our size and experience, but it'll still affect the return you get from a fund.
Ongoing costs including Ongoing Charges Figure (OCF)
This fee covers our management of the fund you invest in. It pays for day-to-day management costs and admin expenses.
One-off costs
When you invest in an ETF you'll incur a one-off cost due to something called the "bid-offer spread". This is because an ETF trades like a share in that there is an offer price (the price you can buy an ETF for) and a bid price (the price you sell the ETF for). The difference between the bid and the offer price is called "the spread".
This fee covers the costs of our team of investment experts, for monitoring your investments and for changing your mix of shares and bonds when needed.
Understanding how you'll pay
You will not see these taken from your account. They're automatically taken from the fund and are factored into the return you get.
There are 3 ways you can pay:
- Direct Debit
- top up your account with cash using a debit card
- available cash in your account
How to set up a Direct Debit
The fee is due every 3 months from the day you opened your account.
Currently, we take your account fee from your General Account, if you have one.
From 31 January 2025, we’ll take your account fee from all the accounts you have, in proportion to their invested balances.
For example, if you have:
£5,000 in a General Account and
£5,000 in an ISA
We’ll take half from one account and half from the other
You’ll only pay this if we choose and manage your investments for you as part of our Managed service. The management fee is deducted from your Managed account.
There are no charges for:
Transferring out
Switching funds
Withdrawing money
Closing your account
Fund entry charge
Fund exit charge
Performance of funds
Cash balances
Other fees
Exchange Traded Funds (ETF) costs
One-off costs |
0.01% to 0.26% | |
Quote and deal service (optional) |
£7.50 per trade |
Small numbers can make a big difference
Even a small difference in fees could have a huge impact on your future wealth. Especially in the long term, through the effects of compounding. Lower fees mean you keep more of your returns.