UK.Stockbrokers.com is committed to the highest ethical standards and reviews services independently. Learn how we make money.
FinecoBank vs Interactive Investor 2022
Your capital is at risk.
|
|
|
Overall Rating
| Feature | FinecoBank | Interactive Investor |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| MobileTrading | ||
| Platform & Tools | ||
| Research | ||
| Ease Of Use | ||
| Education | ||
| FinecoBank Review | Interactive Investor Review | |
| Winner | check_circle |
Investments
| Feature | FinecoBank | Interactive Investor |
|
ISA |
Yes | Yes |
|
SIPP |
No | Yes |
|
Share Trading |
Yes | Yes |
|
CFD Trading |
Yes | No |
|
Funds |
Yes | Yes |
|
ETFs |
Yes | Yes |
|
Bonds - Corporate |
Yes | Yes |
|
Bonds - Government (Gilts) |
Yes | Yes |
|
Investment Trusts |
No | Yes |
|
Spread Betting |
No | No |
|
Crypto Trading |
No | No |
|
Advisor Services |
No | No |
Trading Fees
| Feature | FinecoBank | Interactive Investor |
|
Minimum Deposit |
£0.00 | £0.00 |
|
Share Trading: 0-9 Deals/ Month |
£2.95 | £5.99 (Investor Plan) |
|
Share Trading: 10-19 Deals/ Month |
£2.95 | £3.99 (Super Investor Plan) |
|
Share Trading: 20+ Deals/ Month |
£2.95 | £3.99 (Super Investor Plan) |
|
Annual Custody Fee: £0 - £250,000 |
0.25% | £119.88 (Investor Plan - £9.99 monthly) |
|
Annual Custody Fee: £500,000 - £1m |
0.15% | £119.88 |
|
Annual Custody Fee: £1m and over |
0.05% | £119.88 |
|
Bonds - Corporate |
Yes | Yes |
|
Bonds - Government (Gilts) - Fee |
£6.95 | £40 (when trade value is above £100,000) |
|
ETFs - Fee |
£2.95 | £5.99 (Investor Plan) |
|
Investment Trusts - Fee |
N/A | £5.99 (Investor Plan) |
|
Telephone Dealing Fee |
N/A | £49.00 |
Platforms & Tools
| Feature | FinecoBank | Interactive Investor |
|
Web Platform |
Yes | Yes |
|
iPhone App |
Yes | Yes |
|
Android App |
Yes | Yes |
|
Stock Alerts |
Yes | Yes |
|
Charting - Indicators / Studies |
22 | 104 |
|
Charting - Drawing Tools |
3 | 16 |
|
Charting - Notes |
No | No |
|
Charting - Display Corporate Events |
Yes | Yes |
|
Charting - Stock Overlays |
Yes | Yes |
|
Charting - Index Overlays |
Yes | Yes |
Research
| Feature | FinecoBank | Interactive Investor |
|
Research - Shares |
Yes | Yes |
|
Research - CFDs |
No | No |
|
Research - Funds |
Yes | Yes |
|
Fund Research - Research Reports |
No | Yes |
|
Research - ETFs |
Yes | Yes |
|
Research - Bonds |
Yes | No |
|
Portfolio Allocation Breakdown |
Yes | Yes |
Education
| Feature | FinecoBank | Interactive Investor |
|
Has Education - Share Trading |
No | Yes |
|
Has Education - Funds |
No | Yes |
|
Has Education - Retirement |
No | Yes |
|
Client Webinars |
Yes | No |
|
Client Webinars (Archived) |
Yes | No |
Overall
| Feature | FinecoBank | Interactive Investor |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| MobileTrading | ||
| Platform & Tools | ||
| Research | ||
| Ease Of Use | ||
| Education | ||
| FinecoBank Review | Interactive Investor Review | |
| Winner | check_circle |
For our 2022 Review, we assessed the best trading platforms in the UK for online share dealing. Let's compare FinecoBank vs Interactive Investor.
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, FinecoBank 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.
1 Trade Per Month - FinecoBank is cheaper. FinecoBank would only cost £35.40 each year while Interactive Investor would cost £119.88.
3 Trades Per Month - FinecoBank is less expensive under this scenario. FinecoBank would cost £106.20 per year while Interactive Investor would cost £263.64.
10 Trades Per Month - FinecoBank is the better choice. Annual fees with FinecoBank would total £354, while annual fees with Interactive Investor would be £766.8 (investor) 622.92 (super investor).
20 Trades Per Month - FinecoBank costs less in this scenario. Total annual costs with FinecoBank would equal £75.00, while Interactive Investor would equal £119.88.
Which broker offers a wider range of investment options?
Interactive Investor offers a more diverse selection of investment options than FinecoBank. 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.
Which platform offers better research?
Our testing concluded that Interactive Investor is better for research than FinecoBank. Interactive Investor offers more research options, including research reports, articles, and analyst ratings.
Which trading platform is better?
To compare the trading platforms of both FinecoBank and Interactive Investor, we tested each broker's trading tools and share dealing app. All features compared, FinecoBank offers a better share dealing platform.
Overall winner: FinecoBank
Read Next: Best UK Trading Platforms 2022
Related Comparisons
- FinecoBank vs. DEGIRO
- Interactive Investor vs. DEGIRO
- FinecoBank vs. eToro
- FinecoBank vs. Interactive Brokers
- Interactive Investor vs. Hargreaves Lansdown
- Interactive Investor vs. Saxo Markets
All pricing data was obtained from a published web site as of 10/04/2022 and is believed to be accurate, but is not guaranteed. The StockBrokers.com UK staff is constantly working with its online broker representatives to obtain the latest pricing data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
