I spent two weeks comparing the best Stocks and Shares ISA in the UK, I've researched and broken down the BEST Stocks and shares ISA's on the market in one simple comparison.
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🌟 Top 5 Recommended Platforms (Links with sign up offers)
1. Invest Engine (Up to £500 Bonus) –
2. Hargreaves Lansdown –
3. Interactive Investor –
4. Freetrade – (Get a Free Share)
5. IG –
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Best Stocks and Shares ISAS 2022 Guide:
0:00 – ISA Overview
0:41 – Who's Missing?
1:27 – CoinJar Card
2:03 – ISA Providers
2:30 – ISA Fees
5:20 – Dealing Charges
6:35 – Reinvesting Shares
7:25 – Reinvesting Funds
7:45 – FX Fee (Important)
8:48 – What's Included (Shares)
9:20 – Fractional Shares
9:54 – What's Included (Funds)
11:09 – Mobile App
11:19 – Desktop App
11:29 – Research
12:05 – User Experience
13:08 – Security
13:33 – Company Age
13:57 – Trustpilot
16:08 – Customer Support
17:34 – Signup Bonus
18:06 – Up to £500 Free Bonus
18:43 – My Winners For Each
20:30 – Best ISA Tier List
23:01 – Freetrade Situation
23:50 – ISA Summary – What I'm doing.
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Hey guys! I hope you find this video helpful. I've spent days researching the best options to pull them all together for you in this nice easy guide to save you the hassle.
There's various different options in terms of fees with stocks and shares ISAs and hidden costs you need to be aware of.
Hopefully this video will help you make up you mind which ISA to go for.
If you could like and subscribe that'd be awesome, as it'll help the channel grow – and more people find this.
#StocksandSharesISA #StocksAndShares #ISA
*None of the advice mentioned in the video is to be taken as financial or investment advice as it’s for entertainment purposes. Some links above include affiliate commissions/referrals.
Hi Chris,
Thanks for the video. Quick question, I currently have an ISA in Freetrade, which I’ve had since Jan. My portfolio is currently down at the moment, would you suggest pulling it out and investing with Invest Engine? (because of the issues with Freetrade you’ve just mentioned) Or just leave it in there now and ride it out?
Wondering the same thing!
If you’re only in ETFs it’s definitely cheaper. I really like them – I’m considering moving there or II pretty much depending on the SIPP position. HL also tempts me so I can have everything in one place (LISA, SIPP, ISA) but that may not be the best strategy. But huge companies so can’t see much going wrong. I think the rebalancing and auto invest into different funds on IE is really cool.
Thanks for this! Have been using HL for the last year or so. Mostly in funds, but do like the odd dabble in shares. Was considering a move to Vanguard, but may well just stay put. I do like the HL platform
Good idea – it’s cheap enough. It’ll work out cheaper in the long run for you too 🙂
Amazing content as always, as a relatively young investor (30) I split my money each month
10% off mortgage as overpayment
20% premium bonds
30% PIP (Fidelity index world)
40% S&S ISA (S&P500)
I find this spread has done me well the last few years I’ve been investing and I hope it continues to do the same
Well done, looks good to me! I’d just keep enough in premium bonds to have cash available when you want it, can always drop that down when you have a substantial amount. May be worth considering fixed income bonds too.
@Chris Palmer yea I like premium bonds as it doubles up as my cash savings/emergency fund. Just like having things spread out. I have just over 40k invested, spread evenly over the 3. Thanks for your content, it’s a great help
you shouldnt be overpaying your mortgage, you should be able to make more money investing than paying off….
@Graham Barker should! Yes! It’s guaranteed return vs possible return. Anyway, its 10% of my monthly investment. 70% is still going to my pension and ISA. If you think 10% of my monthly savings is too much to pay of my mortgage you’re mad. That’s such a typical “oh I’ve watched 3 videos on YouTube and know what I’m talking about’ answer. You’d know that multiple investments and income streams is the way to wealth if you had any idea what you’re on about
4:50 Vanguard fee is capped at £375 per year.
21:00 given my earlier comment i don’t understand how AJ Bell would be more expensive than HL. they have very similar charge structures and HL are more expensive in each except £1.50 to buy open ended funds, but 0.45% vs 0.25% to hold them so swings and roundabouts on that front.
22:14 you keep saying reinvestment but i think you mean regular investment. looking at ii now and regular monthly investment are free but reinvestment “With interactive investor, you can automatically reinvest your dividend payments for just 99p”
22:16 don’t think you can do that for HL with ETF’s. for one “reinvest” is referring to dividend reinvestment not new cash and HL says… “If you’d like any share income automatically reinvested, we charge 1% of the trade value (minimum £1, maximum of £10). There is no charge to reinvest fund income. We’ll reinvest your income once it reaches £10 per holding, or the amount you choose”. just looking for info on HL regular investing… £1.50 per trade. so pretty good but not free like you say here.
Thanks Chris, great content as usual.
I was considering changing my ISA over the past month from Vanguard to something else. You’re comments on Invest Engine are actually really interesting and would of got me interested……… However, I also opened a SIPP with Vanguard recently and like the fact I can have both pots contributing to the one ongoing account fee. It also reaches a cap once I grow both to a certain level (£250,000). To be honest you’re probably right that it’s probably cheaper elsewhere until you reach that cap but I certainly plan to keep my SIPP (and ISA) going for the long term!
Definitely. I think Interactive Investor actually works out cheapest to combine SIPP and ISA – I’m looking at those shortly as I may be opening my SIPP soon 🙂
Thanks for the video, good work. Stupid question for someone. I’m new to this, opening my first S&S ISA soon and wanting it to just work in the background long term for retirement. If I invest consistently in some global index, do I have to always watch the value of my investment and sell it when I think it’s worth selling etc or do I literally not touch it for 10/20 years and let it do it’s own thing until I’m 60..?
No problem! Nope you don’t. I think that’s where invest engine really shines. You pick a couple of funds set and forget with regular investing. I’m going to do a complete review of them soon 🙂
Just coming to the defence of freetrade here… for my exact needs its perfect. I invest in one company via an isa for £3 a month. I was previously with HL and the fees had got to more than £4 per month. The share dealing fee is extortionate considering I dollar cost average every month too. I was probably paying them £15 every month. With free trade Im paying £3 plus FX costs. Its a no brainer. The effect of these costs on a long term investor compounds and will take a chunk out of your returns. The fractional shares are great too as I know that I have invested the full amount rather than having money as cash sitting in the account.
That’s interesting, thanks for sharing. Which one company do you buy? Was it £15 with regular investing too?
Vanguard not having a mobile app is actually great, just set and forget and check a few times a year.
Really good point!
Agreed! But with a risk of spoiling the argument a bit, its super easy to check their site via your mobile browser.
Great video yet again Chris. Very informative and clearly explained. Which platform would you recommend to buy/sell stocks?
Any of these are good to be honest just depends what you want to go for and your strategy. You may want to check my best apps one too may work out cheaper
@Chris Palmer I’m going more for the buy and hold strategy. I’ll check out your other video you mentioned. Thanks. I look forward to your future content.
Thanks. I’m way down the investing route but now nearing my pension and looking at different ISA options to help my strategy and my risk appetite changes. A really useful summary thanks for your time.
Thanks Chris, appreciate it
Great overview on ISAs, Chris. Thank you so much for the content. I’m with Vanguard atm, but will research with InvestEngine for the next ISA input. Sounds unreal and have heard good feedback from others as well. But at 0% fees, how the hell do they make their money? You know what they say: “If it sounds too good to be true, it usually is” lol.
Thanks Steve. Just did a full review on them. Actually surpassingly about half of their customers use their managed service which they charge 0.25% for. I imagine more changes in the future for things like SIPPS
Hey Chris, just to clarify on the reinvestment part- that will be for dividends from the stock, not for as hoc purchases using the cash in the account. You’ll only be able to reinvest if the stock pays a dividend that month.
I was going to say just that. It wouldn’t be so bad, but could be quite an expensive mistake for some.
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health.
To succeed in trading,you must review and put into consideration,the dynamics of your trading asset prior to investing. Analysis based on research is vital
The best strategy to use in trading stock is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. Because i have learnt along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.
The best way to find that balance between saving and living is by investing. This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments. Financial freedom is possible, you just need to know what to do and when to do it. I am a living testimony.
Interesting I’m also a subscriber of Kathy’s signals and if I were to rate her accuracy, I would say perfect 👌, she has the best trading {ROI}.She is a regulated broker so she is very much accessible to the public, just search her full name online, check out her website for information concerning her services, then mail her for guidance.
Guess what the most likely outcome is when the stock market hits a new high? More highs! By waiting, you miss out on more gains
The need to invest in a less volatile sector is underrated in the investing world. When I lost my job last year due to the pandemic, I got through the year with the $275k profits made off stock trading. Feel the pain of discipline early or feel the pain of regret later
I don’t know the stock you picked or your analysis before you picked them but I know as time goes on you will improve, trust me we’ve all been there
please what is your allocation strategy? Any good resources to help?
My consultant is CHRISTINE LYNN SAITTA I found her on a BBC interview where she was featured and reached out to her afterward. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care about supervision. I follow her trade pattern and haven’t regretted doing so
@Vera Monique I just looked up this person out of curiosity, and surprisingly she seems proficient. I thought this was just some overrated BS, I appreciate this.
Very good video. Informative, but a couple of points. I was a little intrigued as to why you mentioned FX fees quite a lot. Am I right in thinking that you only pay these if you invest directly in ‘foreign’ shares, so the likes of Fundsmith Equity, Baillie Gifford Managed, and maybe even those domiciled in Ireland (Lindsell Train Global Equity) wouldnt attract an FX fee?
Also I checked with AJBell and they said their platform fee wasn’t £3.50 per month + 0.25%. It was 0.25% to a max of £3.50 per month for shares, funds had no upper cost limit ie 0.25% on everything. In the same way HL is 0.45% up to £45 and 0.45% with no upper limit for funds. That suggests AJB is more competitive.
Nice video. Just to let you know, AJ Bell has over 5,000 shares available, across around 25 markets. They also have over 4,000 funds
Thanks for adding!
Hi Chris. This is a very clear and thorough comparison of the different brokers. I’m actually about to move ISA provider so very helpful. Also considering Interactive Brokers as they’re just launching this service.
Thanks bud! I noticed that after doing this. Hopefully this is a good benchmark. Thinking of doing an independent review of them. The fees are quite tricky. I think it’s good for more experienced traders maybe a bit tricky for new investors
Hi Chris, thank you for the video. You mentioned FREETRADE loaning users shares which is a conflict of interests as they loan to other users in order to drive down price (and so these user can make money). Would this reduction in price be a constant decline or would it recover again? Does this loaning include fund investments?
Also, the “reasonable measure to return stocks” , is there a possibility that you could lose stocks? If so does the FCA compensation scheme cover this? Thank you in advance
I think it’s just the wording they use to be honest to cover themselves. You’d never notice the shares being loaned at all. FSCS is on your cash balance the 85k protection but all your shares should be held in a separate nominated account and never be effected. I wouldn’t worry. A lot of firms do it – but it has put me off a little
@Chris Palmer cheers Chris appreciate your reply
Excellent video, very clearly explained.
Very helpful, thank you. I’m curious why you didn’t include Trading 212 in the comparison?
Thanks! Closed at the time it’s still hit or miss if it’s open or not to be honest 😂