Comparing online share dealing platforms side by side is no small task. For our 2023 review of U.K. brokers, nearly 600 data points were collected over a 10-week period and used to score each broker. Let’s compare Capital.com and Interactive Investor.
Capital.com vs Interactive Investor Comparison
For our 2023 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare Capital.com vs Interactive Investor.
Is Capital.com a good broker?
Capital.com is a U.K. broker primarily known for CFDs (contracts for difference) and spread betting. While it previously offered the chance to buy and sell shares commission-free, you can no longer buy shares directly through Capital.com. Trading is limited to an unleveraged CFD account.
Is Interactive Investor a good broker?
The standout feature at Interactive Investor (ii) is its low flat-rate fees. Other investment platforms typically favour percentage fees for fund investing, although more brokers are now opting for flat fees. Our view is that Interactive Investor is a great platform for any investor, offering a wide range of investments for cheap prices on the whole.
Which broker is less expensive?
Alongside the cost per trade, most UK online brokers also charge a monthly, quarterly, or annual management fee, which varies based on the account type and balance. Based on our thorough review, Capital.com offers better pricing than Interactive Investor for share dealing.
Assuming a £30,000 portfolio size, here are the total annual costs for share dealing with both brokers, given different monthly activity scenarios.
5 trades per year - Capital.com would cost N/A per year, while Interactive Investor would cost £79.83 per year.
12 trades per year - Capital.com would cost N/A per year, while Interactive Investor would cost £107.76 per year.
36 trades per year - Capital.com would cost N/A per year, while Interactive Investor would cost £203.52 per year.
120 trades per year - Capital.com would cost N/A per year, while Interactive Investor would cost £538.68 per year.
3 fund trades per year - Capital.com would cost £20.0 per year, while Interactive Investor would cost £0.0 per year.
How do Capital.com and Interactive Investor compare in terms of minimum deposits required?
Capital.com requires a minimum deposit of £20.0, while Interactive Investor requires a minimum deposit of £0.0. From our testing we found for accounts between £0 - £250,000 Capital.com charges annual custody fees of £0, while Interactive Investor charges annual custody fees of £59.88 - £143.88.
Which broker offers a wider range of investment options?
Capital.com offers investors access to Share Trading, CFD Trading and Spread Betting, while Interactive Investor offers investors access to ISA, SIPP, Share Trading, Funds, ETFs, Bonds - Corporate, Bonds - Government (Gilts) and Investment Trusts. Neither have Crypto Trading and Advisor Services. Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
Do Capital.com and Interactive Investor offer ISA or SIPP accounts?
Self-invested personal pensions (SIPPs) and individual savings accounts (ISAs) are tax-advantaged savings accounts that are an important tool for many individual investors. You can read more about how these accounts operate at Gov.UK: Click here for SIPP information and here for ISA information. Our analysis finds that Capital.com offers traders access to neither of these accounts, while Interactive Investor offers traders access to SIPP and ISA accounts.
Do Capital.com and Interactive Investor offer cryptocurrency?
In our analysis of top brokers for share dealing in the U.K., we research whether each broker offers the ability to trade cash cryptocurrency, such as bitcoin and ethereum, which is still a somewhat rare offering amongst major U.K. brokers. Our review finds that neither Capital.com nor Interactive Investor offer crypto investing.
Which broker offers a better website experience?
Our testing concluded that the website of Interactive Investor is better than the website of Capital.com. Interactive Investor offers more functionality, is cleanly designed, and is, overall, easier to use for beginners and casual investors.
Which stock trading app is better?
To compare the trading platforms of both Capital.com and Interactive Investor, we tested each broker's stock trading app. All features compared, our analysis finds that Capital.com offers a better mobile app. Dive deeper: Best Stock Trading Apps UK.
Do Capital.com and Interactive Investor offer educational resources?
Educational offerings are of particular importance to those who are newer to investing, and we examine the availability of several different types of educational materials in our analysis. Our research finds that Capital.com offers traders access to neither of these, while Interactive Investor offers access to Client Webinars, Client Webinars (Archived), Education (Share Trading), Education (Funds) and Education (Retirement).
Overall winner: Interactive Investor
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