interactive investor vs Wealthify - BrokerCue
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Broker Comparison

interactive investor vs Wealthify

Compare interactive investor and Wealthify side by side: fees, regulation, platforms.

interactive investor

interactive investor

Flat-fee long-term investors

interactive investor is a UK flat-fee investment platform for shares, funds, ETFs, bonds, ISAs and SIPPs, witโ€ฆ

VS
Wealthify

Wealthify

Beginner and hands-off UK investors

Wealthify is a UK robo-advisor, owned by Aviva, offering managed investment plans across ISA, JISA, SIPP and โ€ฆ

Head-to-head comparison

interactive investor vs Wealthify
Feature interactive investor Wealthify
Minimum deposit - -
Stock trading fee UK & US Shares (incl. ETFs & Investment trusts): ยฃ3.99 on Core and Plus; ยฃ2.99 on Premium -
Regulators FCA FCA
Best for Flat-fee long-term investors Beginner and hands-off UK investors
Markets & account
Stocks
-
ETFs
-
Bonds
-
Funds
Investment Plans
Ready Made Portfolios
Multi Currency
-
Business Account
-
Isa
Sipp
Savings Vaults
-

Pros & cons

interactive investor

interactive investor

Pros

  • Flat monthly plans start at ยฃ5.99 instead of a percentage fee
  • Free regular investing across all plans
  • Next-day GBP and EUR withdrawals have no charge
  • Plus includes 1 free monthly trade; Premium includes 2
  • Premium makes fund trades and dividend reinvestments free
  • Trading Account can hold up to 9 currencies
  • Plus includes 5 free family accounts; Premium includes unlimited
  • Transfers in and out have no ii charge

Cons

  • Core portfolios are limited to ยฃ100,000 before Plus applies
  • Core FX conversion fee is 0.75%
  • Other international shares cost ยฃ9.99 on Core
  • Same-day GBP and EUR withdrawals cost ยฃ15
  • Telephone trades cost ยฃ49
  • Junior ISAs are unavailable on the Core plan
  • Premium costs ยฃ39.99 per month
  • Company Account applications must be posted
Wealthify

Wealthify

Pros

  • Simple flat 0.6% annual management fee
  • No deposit, withdrawal or transfer fees
  • Five risk-tiered portfolios from Cautious to Adventurous
  • Ethical investment plans available at each risk level
  • FCA regulated and FSCS protected up to ยฃ85,000
  • Backed by Aviva, a major UK insurer
  • Instant Access Savings Account and Cash ISA also available
  • Mobile app rated 4.5 out of 5 on Apple App Store

Cons

  • No self-directed stock or ETF picking
  • No Lifetime ISA
  • Minimum ยฃ1,000 to open an ISA, pension or general account
  • Ethical Plans carry higher underlying fund costs (around 0.58% p.a.)
  • No demo account
  • Limited investment research and educational resources
  • Withdrawal processing for investment accounts takes up to 10 working days
interactive investor

interactive investor

interactive investor is a UK flat-fee investment platform for shares, funds, ETFs, bonds, ISAs and SIPPs, with managed portfolios and multi-currency investing.

Your capital is at risk. Other fees apply.

Wealthify

Wealthify

Wealthify is a UK robo-advisor, owned by Aviva, offering managed investment plans across ISA, JISA, SIPP and general accounts at a 0.6% annual fee.

Your capital is at risk. Other fees apply.

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