Best for
Mobile

Updated
Both interactive investor and IG are investment platforms offering a range of different options for what you can invest in. They both have very similar offerings, with stocks and shares individual savings accounts (ISAs), self-invested personal pensions (SIPPs) and general investment accounts.
The main difference between the two is the cost structures, detailed below.
![]() | ![]() | |
Rating | ★★★★★ | ★★★★★ |
Risk assessment quiz | ||
3 or more portfolios | ||
5 or more portfolios | ||
ETFs | ||
Stocks and shares ISA | ||
Pension (SIPP) | ||
Lifetime ISA (LISA) | ||
Junior products | ||
Ethical investing | ||
Go to site More Info | Go to site More Info |
![]() | ![]() | |
Rating | ★★★★★ | ★★★★★ |
Cost of investing £10,000 | £72.00 | £119.88 |
Cost of investing £100,000 | £220.00 | £119.88 |
Cost of investing £1m | £2,200.00 | £119.88 |
Average cost per £100 | £0.39 | £0.44 |
Go to site More Info | Go to site More Info |
![]() | ![]() | |
Rating | ★★★★★ | ★★★★★ |
Price per trade | UK: £8 US: £10 EU: 0.1% (min €10) | £7.99 (with one free trade per month) |
Frequent trader rate | UK: £3 US: £0 EU: 0.1% (min €10) | N/A |
Custody fee | £96 (can reduce by trading) | £119.88 (£9.99 monthly) |
Bonds fee | N/A | £40.00 |
ETFs fee | £3.00 | £7.99 |
Investment trusts fee | £8.00 | £7.99 |
Phone dealing fee | £40.00 | £49.00 |
Go to site More Info | Go to site More Info |
![]() | ![]() | |
Rating | ★★★★★ | ★★★★★ |
iPhone app | ||
Android app | ||
Desktop/web app | ||
Notifications | ||
Keep in mind | 75% of retail CFD accounts lose money | |
Go to site More Info | Go to site More Info |
![]() | ![]() | |
Rating | ★★★★★ | ★★★★★ |
Guides | ||
Videos | ||
Demo account | ||
Keep in mind | 75% of retail CFD accounts lose money | |
Go to site More Info | Go to site More Info |
IG charges based on how much you invest, while interactive investor charges a flat monthly fee.
IG’s fees are pretty simple. For its “Smart Portfolio”, it charges 0.72% on investments up to £50,000 made up of a 0.50% IG management fee, an average of 0.15% in fund costs and 0.07% for transaction costs. For investments over £50,000 it charges 0.22%, made up of an average of 0.15% in fund costs and 0.07% in transaction costs. You pay no IG management fee over £50,000.
interactive investor has a flat fee for using all of its services (an additional fee applies if you want to add the self-invested personal pension). Its most basic plan “Investor” costs £9.99 per month.
What does that all actually mean?
If you invest £10,000 with IG, then you’ll spend £72 (in a year).
If you invest £10,000 with interactive investor then you’ll spend £119.88 (in a year).
Many investment platforms have calculators that help you work out the costs of your investments based on a figure you enter. Neither IG nor interactive investor has this, so we did it the old fashioned way, with a calculator, pen and paper using the costs outlined above.
These platforms are, on the face of it, very similar. Typically, you’d work out better price-wise with interactive investor if you plan to open several different trading accounts (such as a JISA, an ISA and a general investment account), as you can open as many as you want for your flat fee.
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
We’ve taken a look at some of the best trading apps in the UK and explained who they’re best suited to. Our table compares fees and services too.
Find out some alternatives to IG and what they’re good for. We’ve listed some similar trading platforms to consider.
We’ve taken a look at some of the best trading apps in the UK and explained who they’re best suited to. Our table compares fees and services too.
We’ve taken a look at some of the best trading apps in the UK and explained who they’re best suited to. Our table compares fees and services too.
Both IG and Plus500 are leading brokers for CFDs. They both have some handy tools to give you the information you need to trade contracts for difference.
IG and eToro both let you buy and sell stocks, exchange traded funds (ETFs), cryptocurrencies, commodities and currencies. Which one you choose to go with will depend on which features you are looking for.
We’ve taken a look at some of the best trading apps in the UK and explained who they’re best suited to. Our table compares fees and services too.
We’ve compared some of the best private pensions to find the best for fees, charges, mobile access and consolidating old pensions.
Want to start investing? We’ve reviewed the seven best investment apps in the UK. Read our comparison and find out which app is best suited for your needs.
Find out four alternatives to Hargreaves Lansdown and whether they’ll save you money on your investments.