Plum review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Plum is a UK app aimed at beginners who want to start small and pay nothing to hold or trade. Stocks, ETFs and funds sit behind fractional shares, the account fee is £0 and the minimum deposit is £2, so small amounts can be put to work in a SIPP, ISA or LISA.
Key facts
- Best for
- Beginners starting a SIPP, ISA or LISA with a small amount in a mobile app.
- Minimum deposit
- £2 (Source, checked September 26, 2026)
- Stock trade fee
- £0 (Source, checked September 26, 2026)
- Account fee
- £0 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Funds (Source, checked September 26, 2026)
- Regulators
- Financial Conduct Authority (Source, checked September 26, 2026)
- Investor protection
- FSCS up to GBP 85,000 (Source, checked September 26, 2026)
- Platforms
- Mobile app (Source, checked September 26, 2026)
- Account types
- ISA, SIPP, Lisa (Source, checked September 26, 2026)
- Legal entity
- Plum Fintech Limited (Source, checked September 26, 2026)
- Headquarters
- United Kingdom (Source, checked September 26, 2026)
- Founded
- 2016 (Source, checked September 26, 2026)
- Support channels
- Email, Help-centre (Source, checked September 26, 2026)
- Features
- Fractional shares, Mobile app
- Pricing model
- Commission-free
- Audience
- Beginners
- Official website
- withplum.com
Robo-advisors
- Management fee
- 0.15% to 0.6% (Source, checked September 26, 2026)
- Minimum investment
- £1 (Source, checked September 26, 2026)
- Regulators
- Financial Conduct Authority (Source, checked September 26, 2026)
- Investor protection
- FSCS up to GBP 85,000 (Source, checked September 26, 2026)
- Account types
- ISA, SIPP, Lisa (Source, checked September 26, 2026)
- Portfolio types
- ETF, Cash (Source, checked September 26, 2026)
- Legal entity
- Plum Fintech Limited (Source, checked September 26, 2026)
- Headquarters
- United Kingdom (Source, checked September 26, 2026)
- Founded
- 2016 (Source, checked September 26, 2026)
- Support channels
- Email, Help-centre (Source, checked September 26, 2026)
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- Stock trades cost £0 and the account fee is £0, so holding and dealing carry no charge.
- The account opens from £2 and the smallest investment is £1, which suits small regular amounts.
- Fractional shares on a Mobile app let a small sum hold part of a share rather than a whole one.
- Regulated by the Financial Conduct Authority, with investor protection of FSCS up to GBP 85,000.
- Every account in isa, sipp and lisa carries the £0 account fee rather than a subscription.
Cons
- Support runs on email and help centre only, so an urgent question waits for a written answer.
- The market list is stocks, etfs and funds and portfolio types run to etf and cash, so the account is narrow beside a full trading platform.
- The minimum deposit of £2 ranks 89 of 213, and CFI lists a minimum deposit of $0.
- Cheap dealing does not mean cheap investing: management fees run 0.15% to 0.6% on portfolios even though stock trades are £0.
Who it suits
- Beginners who want a SIPP, ISA or LISA going from a first deposit of £2.
- Investors who want to pick their own shares and are content with portfolio types of etf and cash.
- Readers who care most about the cost of a trade, since dealing is £0 and the account fee is £0.
Who should look elsewhere
- Anyone wanting a lower floor than the £2 minimum, since CFI lists a minimum deposit of $0.
- Readers comparing purely on dealing costs, since eToro also charges $0 for a stock trade.
- People who want to fund from a higher starting amount: Vantage lists a minimum deposit of $5.
What you can trade
Plum covers stocks, etfs and funds, so the account is built around owning investments rather than trading instruments. Accounts come in isa, sipp and lisa forms, which means a SIPP, an ISA and a LISA can all be opened on the same platform. The whole platform is a Mobile app rather than a desktop terminal, so the whole process is built for investing from a phone. Anyone who wants to compare this against a platform carrying a wider market list will find the difference obvious from the start.
Opening and funding an account
The account opens from a minimum deposit of £2, and the smallest single investment is £1. Both figures sit at the low end, so a first contribution does not have to be large to be worth making, and each later purchase can be sized to the amount actually available. The choice is between isa, sipp and lisa, so a pension pot, a tax shelter or a junior pot can be started without waiting for a bigger balance to build up.
Where it sits among rivals
On account fee, Plum ranks 1 of 138 brands, and on stock trade fee it ranks 1 of 161. Minimum deposit is the weaker measure, at 89 of 213. Holding and dealing costs are the strongest part of the profile, while the entry deposit sits in the middle of the field, so the comparison depends on which of the two matters more to the reader.
Safety and regulation
Plum is regulated by the Financial Conduct Authority, and its stated investor protection is FSCS up to GBP 85,000. That figure is the compensation available if the firm cannot return the money, and it is the first thing to check when the question is the safety of the money rather than the cost of a trade. For a beginner weighing several apps, the regulator and the protection figure settle more than the price list does, and here both point to a straightforward UK setup.
How Plum compares
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Frequently asked questions
How much does it cost to use Plum?+
Stock trades cost £0 and the account fee is £0, so there is no dealing charge and no annual subscription to pay. The cost that can appear is the management fee of 0.15% to 0.6% on portfolios, which applies to the managed side rather than to every account. On the cost of holding and dealing, Plum sits at the cheap end of the field.
Is Plum regulated, and is my money protected?+
Plum is regulated by the Financial Conduct Authority, and the account is held with Plum Fintech Limited. The stated investor protection is FSCS up to GBP 85,000, which is the compensation available if the firm cannot pay a valid claim. That is the standard UK arrangement for a firm holding investments, and it is the part to check before depositing.
How much do I need to open an account?+
The minimum deposit is £2 and the smallest investment is £1, so both the opening balance and each purchase can be small. Both figures sit at the low end of what the site records, where the median minimum deposit is €4.64. That makes a first contribution realistic for a modest budget.
What can I invest in?+
The market list is stocks, etfs and funds, covering ordinary shares, exchange traded funds and funds. Portfolio options are etf and cash, so a managed portfolio or a cash holding is available alongside picking shares yourself. Nothing in that list points to instruments that need a margin, so this suits investors rather than traders.
Can I use Plum on my phone?+
The platform is a Mobile app, and fractional shares sit on the feature list, so a small amount can hold a slice of a share rather than needing a whole one. Support runs on email and help centre, so questions are handled in writing rather than by phone. That suits anyone who is happy to work from their own account screen.
Who is Plum aimed at?+
Plum targets beginners, and the numbers back that. A £2 minimum deposit and a £1 minimum investment mean a first investor can put in a small amount, while fractional shares let that amount buy part of a share. It suits someone building a SIPP, an ISA or a LISA from a phone without a large first payment.
How does Plum compare with rivals on price?+
On account fee Plum ranks 1 of 138 brands, and on stock trade fee 1 of 161. Minimum deposit is the softer measure at 89 of 213. CFI takes a minimum deposit of $0, while eToro also charges $0 for a stock trade.
Sources
- find-and-update.company-information.service.gov.uk/compan... checked September 26, 2026
Backs: Founded, Headquarters
“Incorporated on 14 January 2016”
- help.withplum.com/en checked September 26, 2026
Backs: Portfolio types
“ETFs 10 articles ... Plum Interest 6 articles”
- withplum.com checked September 26, 2026
Backs: Minimum investment, Support channels
“Get investing with your first spare GBP 1 - that's all you need to open a Plum Stocks and Shares ISA”
- withplum.com checked September 26, 2026
Backs: Platforms
“Sign up for free in just a few taps - app; Rated 4.7 stars on the App Store”
- withplum.com/investments checked September 26, 2026
Backs: Features, Markets, Minimum deposit
“Invest in the world's funds and businesses, starting from just £2 - Stocks and Funds”
- withplum.com/legal/fees checked September 26, 2026
Backs: Investor protection, Management fee, Regulators
“Management Fee 0.60% (Basic Tier) ... 0.15% (Max Tier), Collected monthly”
- withplum.com/subscriptions checked September 26, 2026
Backs: Account fee, Account types, Legal entity
“Basic: Free - Plum subscriptions page”
- finextra.com/pressarticle/92506/plum-launches-commission-... checked September 26, 2026
Backs: Audience, Pricing model, Stock trade fee
“Plum created for people who want to better manage finances; strong adoption from first-time investors”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Inactivity fee, Retail accounts that lose money.
Plum
Beginners starting a SIPP, ISA or LISA with a small amount in a mobile app.