Individual Savings Accounts (ISAs) offer tax-free savings and investment opportunities, making them a popular choice for UK investors. Whether you’re looking for a Cash ISA, Stocks & Shares ISA, Lifetime ISA, or Innovative Finance ISA, choosing the right provider is essential.
This guide covers leading ISA providers, their costs, investment options, and minimum deposit requirements to help you make an informed decision.
1. Vanguard UK
- Best for Beginners – Simple, low-cost ISA limited to Vanguard funds.
- Investment Options – Index funds, ETFs, and managed portfolios.
- Fees – 0.15% platform fee, plus fund charges.
- Minimum Investment – £500 lump sum or £100 per month.
2. AJ Bell
- Best for Investment Choice – Thousands of investment options.
- Investment Options – Stocks, ETFs, funds, bonds, and investment trusts.
- Fees – 0.25% platform fee, plus trading costs.
- Minimum Investment – £500 lump sum or £25 per month.
3. Hargreaves Lansdown
- Best for Customer Support – Wide range of investment options.
- Investment Options – Stocks, ETFs, funds, and ready-made portfolios.
- Fees – 0.45% platform fee, reducing for larger portfolios.
- Minimum Investment – £100 lump sum or £25 per month.
4. Interactive Investor
- Best for Large Portfolios – Flat fees starting from £4.99 per month.
- Investment Options – Stocks, ETFs, funds, and investment trusts.
- Fees – Flat monthly fee, making it cost-effective for portfolios over £20,000.
- Minimum Investment – £25 per month.
5. Wealthify (Aviva)
- Best for Managed Portfolios – Automated investing with risk-based plans.
- Investment Options – Managed portfolios, including ethical investments.
- Fees – Up to 0.6% annual management fee.
- Minimum Investment – £1.
6. InvestEngine
- Best for ETF Investing – Low-cost platform focused on ETFs.
- Investment Options – Exchange-Traded Funds (ETFs).
- Fees – No platform fee, only fund charges.
- Minimum Investment – £100 lump sum or £25 per month.
7. J.P.Morgan Personal Investing (formally Nutmeg)
- Best for Robo-Advisory Investing – Automated portfolios tailored to risk levels.
- Investment Options – Robo-advised portfolios, ethical investments.
- Fees – 0.75% for fully managed portfolios, reducing for larger investments.
- Minimum Investment – £500 lump sum or £100 per month.
8. Moneybox
- Best for Lifetime ISAs – Ideal for first-time home buyers.
- Investment Options – Stocks & Shares ISA, Lifetime ISA, and savings accounts.
- Fees – 0.45% platform fee, plus fund charges.
- Minimum Investment – £1.
9. XTB
- Best for Active Traders – Offers commission-free stock trading.
- Investment Options – Stocks, ETFs, forex, commodities, and indices.
- Fees – 0% commission for monthly turnover up to €100,000, then 0.2% per trade.
- Minimum Investment – £0 (no minimum deposit required).
10. Trading 212
- Best for Commission-Free Investing – No platform or trading fees.
- Investment Options – Stocks, ETFs, fractional shares.
- Fees – No account fees, 0.15% FX fee on foreign investments.
- Minimum Investment – £1.
11. iWeb
- Best for Low-Cost Trading – No platform fees, but charges per trade.
- Investment Options – Stocks, ETFs, funds, bonds.
- Fees – £5 per trade, 1.5% FX fee on international investments.
- Minimum Investment – £0 (no minimum deposit required).
ISA Provider Comparison Table
| Provider | Fees | Investment Options | Minimum Investment | Best For |
|---|---|---|---|---|
| Vanguard UK | 0.15% platform fee + fund charges | Index funds, ETFs, managed portfolios | £500 lump sum / £100 per month | Low-cost beginner investing |
| AJ Bell | 0.25% platform fee + trading fees | Stocks, ETFs, funds, bonds, investment trusts | £500 lump sum / £25 per month | Wide investment choice |
| Hargreaves Lansdown | 0.45% platform fee (reduces for larger portfolios) | Stocks, ETFs, funds, ready-made portfolios | £100 lump sum / £25 per month | Comprehensive investment options |
| Interactive Investor | £4.99+ flat monthly fee | Stocks, ETFs, funds, investment trusts | £25 per month | Best for large portfolios |
| Wealthify (Aviva) | Up to 0.6% annual fee | Managed portfolios, ethical investments | £1 | Automated investing |
| InvestEngine | No platform fee, fund charges only | ETFs | £100 lump sum / £25 per month | Low-cost ETF investing |
| Nutmeg | 0.75% for fully managed portfolios | Robo-advised portfolios, ethical investments | £500 lump sum / £100 per month | Hands-off investing |
| Moneybox | 0.45% platform fee + fund charges | Stocks & Shares ISA, Lifetime ISA | £1 | Best for first-time home buyers |
| XTB | 0% commission up to €100,000 turnover | Stocks, ETFs, forex, commodities | £0 (no minimum deposit) | Active traders |
| Trading 212 | No account fees, 0.15% FX fee | Stocks, ETFs, fractional shares | £1 | Commission-free investing |
| iWeb | £5 per trade, 1.5% FX fee | Stocks, ETFs, funds, bonds | £0 (no minimum deposit) | Low-cost trading |
Disclaimer: We strive to keep our pricing and provider information as accurate as possible, but costs and fees may change. Please verify the latest details directly with the provider before signing up.
