Plum
Pros
- Free Basic plan with automated savings and stock access
- Stocks and Shares ISA and SIPP available on paid tiers
- Fractional stock investing from £1
- 3,000+ individual US company stocks available
- 26 curated mutual funds from Vanguard and BlackRock
- FCA-regulated with FSCS protection up to £85,000 on investments
- Automated savings powered by spending analysis
- Multiple savings account types including Cash ISA and Lifetime ISA
Cons
- Individual stocks cannot be held inside the Stocks and Shares ISA - only mutual funds are ISA-eligible, leaving stock gains potentially subject to capital gains tax
- Only 26 mutual funds available, a narrower range than dedicated investment platforms
- Stacked fees on paid tiers: subscription fee plus platform fee plus fund manager fee
- Two free lifetime trades then a per-trade charge on Basic and Plus plans
- Crypto available only for EU/Cyprus users via Bitpanda; not available to UK customers
- No demo or practice account
- Fund access requires a paid subscription; Basic plan is limited