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Interactive Investor is a well-established and regulated U.K. broker that offers online trading services across a range of financial assets, with competitive trading fees that start from £9.99 a month. The broker was founded in 1995 and have their headquarters in Manchester, from where they serve over 300,000 investors. Over the years, Interactive Investor has won multiple awards, including for customer service market insights, and analysis tools. The broker has over £30 billion of clients’ assets under their control. However, they provide limited options in trading platforms and funding methods.
Interactive Investor Platforms & Tools
Interactive Investor provides their investors with only one trading platform, Quotestream platform, an award-winning platform developed by the broker. The platform is only available as a mobile application and is compatible with Android and iOS mobile devices. It allows users to gain access to their accounts, monitor their portfolios, conduct market research, and place trade orders on the go. The platform features a comprehensive range order types, real-time level 2 live pricing data, newsfeed, watchlist, and the ability to deposit and withdraw from your trading account.
Interactive Investor Research & Education
The broker offers a free research account that lets you create virtual portfolios, have discussions, and receive newsletters. Their website has frequently updated news and analysis articles, as well as videos, covering a variety of topics across the financial and investment industry. There is also daily market commentary from their editorial team for those who sign up for it. But apart from these, there are no other educational resources provided by this broker.
Interactive Investor Trading Accounts
Interactive Investor offers a range of account types:
- Trading Account: The standard account for trading the global markets with flexibility
- Investor: The standard plan for investors from £9.99 a month with £7.99 for fund/UK trades
- Funds Fan: For those looking to build a portfolio of funds — £13.99 a month fee, Funds & investment trust £3.99, UK Share trades £7.99
- Super Investor: A premium plan that is designed for more frequent investors and has competitive trade commissions — £19.99 per month, all UK trades (including funds) £3.99, US Share trades £4.99
- ISA: A tax-free savings account with limited allowance
- SIPP: A self-invested personal pension account — incurs an extra £10 per month admin fee
Interactive Investor Account Funding
The broker only accepts bank transfers and credit/debit cards for account funding and withdrawals. Transactional fees and processing time depend on the payment method. Card payments are usually processed the same day, but Bank transfers may take a few business days to clear. Interactive Investor does not have the option of online payment processors like Skrill and Neteller.
Interactive Investor Customer Service
Interactive Investor provides customer support via telephone and email. You can get support over the phone Monday to Friday, from 07:45 to 17:30 BST/GMT or Monday to Friday, from 17:30 to 21:00 BST/GMT for international trading calls only. The broker doesn’t provide an online chat option.
Interactive Investor Regulation
The Interactive Investor brand is operated by Interactive Investor Services Limited, a financial service firm that is fully registered with the relevant U.K authority. The broker is authorized and regulated by the Financial Conduct Authority (FCA) — the financial regulator in the UK and one of the tier-1 regulators in the world.
Interactive Investor Review Summary
Interactive Investor is a U.K. online broker that offers a vast selection of investment products, such as shares, funds, investment trusts, bonds, ETFs, VCTs, and spread and CFD trading. However, they can improve their educational resources.
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