Interactive Investor vs AJ Bell Youinvest 2020

Our UK.StockBrokers.com team spent seven months and hundreds of hours assessing 12 different share dealing accounts for buying shares online in the UK. In total, 46 individual variables were assessed. For this review, we will compare AJ Bell Youinvest vs Interactive Investor.

Which broker is cheaper: AJ Bell Youinvest or Interactive Investor?

It's important to note that not only is there the cost to place the trade, but most share dealing brokers also charge a monthly, quarterly, or annual management fee depending on the type and size of your portfolio. We assessed both to provide a single star rating for cost. Interactive Investor is a better option with a 4.50 star rating over AJ Bell Youinvest's 4.00 star rating.

Further breaking down costs, we analyzed four different trading scenarios. For all four scenarios, we are assuming a £30,000 portfolio for custody fees.

1 Trade Per Month - Interactive Investor only charges £119.80 while AJ Bell Youinvest charges £149.40.

3 Trades Per Month - Interactive Investor is cheaper under this scenario. Interactive Investor would cost £287.76 while AJ Bell Youinvest would cost £388.20.

10 Trades Per Month - Interactive Investor is the cheaper option. Fees with Interactive Investor would be £622.92 while fees with AJ Bell Youinvest would be £624.00.

20 Trades Per Month - Interactive Investor costs less in this case. Interactive Investor charges £1,101.72 while AJ Bell Youinvest charges £1,218.00.

The annual management fee for each broker, which is a percentage of total assets, is as follows under a £30,000 portfolio AJ Bell Youinvest charges 0.25% (Max £7.50 per quarter) while Interactive Investor charges £119.88 (£9.99 monthly).

Does AJ Bell Youinvest or Interactive Investor offer a wider range of investment options?

Interactive Investor offers a more diverse selection of investment options than AJ Bell Youinvest. Interactive Investor offers investors access to ETFs, Funds, ISA, SIPP, Share Trading and Bonds - Government (Gilts). Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.

Is AJ Bell Youinvest or Interactive Investor better for research?

Research helps traders analyze potential investments, examine market sentiment, and learn about companies on a high-level. Our testing concluded that Interactive Investor is better for research than AJ Bell Youinvest. Interactive Investor offers more research options, including research reports, articles, and analyst ratings.

Which trading platform is better: AJ Bell Youinvest or Interactive Investor?

To compare the trading platforms of both AJ Bell Youinvest and Interactive Investor, we tested each broker's trading tools. Overall, AJ Bell Youinvest offers a better experience. Looking at charting, Interactive Investor trails AJ Bell Youinvest by 1 total charting tools, with AJ Bell Youinvest offering 1 and Interactive Investor offering 0. Interactive Investor boasts an offering of 11 different indicators (for example, moving averages) compared to AJ Bell Youinvest's 10 available indicators.

Overall, between AJ Bell Youinvest and Interactive Investor, Interactive Investor is the winner.