⚡ Updated March 2026

Best Stocks & Shares ISA Platforms UK (2026)

A Stocks & Shares ISA lets UK residents invest up to £20,000 per tax year completely free from Capital Gains Tax and Income Tax on returns. Choosing the right platform depends on your portfolio size, how hands-on you want to be, and what you want to invest in.

We compare the best ISA platforms available to UK investors in 2026 — ranked on fees, investment choice, ease of use, and overall value. We review and update this comparison regularly to reflect changes in fees and platform offerings.

Independent UK comparison · Updated regularly · Fee data sourced from provider schedules · Focused on UK investors only · Affiliate disclosure

Updated March 2026
UK platforms only
UK-authorised providers
Independent comparison
ℹ️ How we score: Ratings reflect fees (40%), investment choice (30%), usability (20%) and features (10%) — representing broad all-round value for the average UK retail investor, not the best platform within a narrow single use case. Platforms in this comparison are offered by UK-authorised firms. FSCS protection may apply up to £85,000 per eligible person, per firm, in the event of firm failure — not investment losses. This comparison is for informational purposes only and does not constitute personal financial advice.

Best ISA Platforms — Our Top Picks

Popular ISA comparisons on InvestCompareUK: Trading 212 vs Interactive Investor · Interactive Investor vs AJ Bell · Cheapest ISA Platforms UK

⭐ Best Overall — Beginners & Zero-Fee Investing

Trading 212

Zero platform fee, zero commission, fractional shares from £1 and a 0.15% FX fee — one of the lowest in the UK. The default recommendation for most UK beginners and cost-conscious investors at any portfolio size.

0% commission No platform fee Min £1 0.15% FX fee
9.4/ 10
Best for ETF Investors

InvestEngine

Zero platform fee on DIY ETF portfolios. You only pay the underlying ETF fund charges — typically 0.03%–0.20% per year. The most cost-effective way to build a passive ETF portfolio in a Stocks & Shares ISA.

0% platform fee (DIY) ETFs only Min £100
8.9/ 10
Best for Larger Portfolios — Flat Fee Value

Interactive Investor

Flat £11.99/month fee regardless of portfolio size. For larger portfolios, this becomes significantly cheaper than percentage-fee platforms. Wide fund range, investment trusts, and one free trade per month included.

£11.99/month flat Best for £50k+ Wide fund range
8.7/ 10
Best for Fund Investors

AJ Bell

0.25% annual platform fee, capped for larger portfolios. Wide fund selection, investment trusts, and a solid mobile app. Good balance of cost and investment range for medium-sized portfolios.

0.25%/year Min £25 Wide fund range
8.5/ 10
Best Managed / Robo ISA

Nutmeg

Fully managed portfolios — answer a few questions and Nutmeg invests on your behalf based on your risk level. Higher fees than DIY platforms, but removes all investment decisions. Good for hands-off investors.

0.75%/year managed Fully managed Min £100
8.2/ 10

Key Trade-Offs — Pick Your Priority

Every platform involves a trade-off. Here's what you're actually choosing between:

Choose Trading 212 if cost is everything

  • Lowest possible platform cost at every portfolio size
  • Trade-off: more limited research tools than full-service brokers
  • No access to investment trusts or managed funds

Choose InvestEngine if you want ETFs only

  • Zero platform cost on DIY ETF portfolios
  • Trade-off: no individual stocks, no actively managed funds
  • Best combined with a separate account for stock picking

Choose Interactive Investor if your portfolio is large

  • Flat fee saves significant money above ~£50,000
  • Trade-off: expensive for smaller portfolios (£143.88/year minimum)
  • Wide fund range and investment trusts included

Choose Nutmeg if you want zero decisions

  • Fully managed — no investment knowledge required
  • Trade-off: you are paying materially higher annual fees to avoid making your own investment decisions
  • Useful only if you genuinely will not make your own investment decisions
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ISA Platform Fee Comparison

Platform fees only — trading fees and underlying fund charges (OCF) are additional. Always verify current fee schedules directly with each platform before opening an account.

PlatformFee Model£10,000£50,000£100,000Best For
Trading 2120%£0£0£0Beginners, all sizes
InvestEngine (DIY)0% platform£0£0£0ETF investors
Freetrade£4.99/mo flat£59.88£59.88£59.88£20k+ portfolios
Interactive Investor£11.99/mo flat£143.88£143.88£143.88£50k+ portfolios
AJ Bell0.25%/year£25£125£250Medium portfolios
Hargreaves Lansdown0.35%/year£35£175£350Full-service investors
Nutmeg0.75%/year (managed)£75£375£750Hands-off managed

Platform fees only. These examples exclude fund OCFs, FX charges, and dealing commissions where applicable. Figures are illustrative estimates based on current published fee structures — always verify current fees directly with each provider before opening an account. See our full cheapest ISA platforms guide for a detailed breakdown.

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Best ISA Platform by Use Case

Not sure which platform fits your situation? Here's the short answer for each type of investor.

Best ISA for beginners

Best ISA for ETF investing

  • InvestEngine — zero platform fee on DIY ETF portfolios
  • Only pay the underlying fund charges
  • ETFs only — no individual stocks

Best ISA for larger portfolios (£50k+)

  • Interactive Investor — flat £11.99/month fee
  • Cheaper than percentage-fee platforms at scale
  • Wide fund range and investment trusts

Best managed / hands-off ISA

  • Nutmeg — fully managed by risk level
  • No investment decisions required
  • Higher fees than DIY platforms

Best ISA for fund investors

  • AJ Bell — 0.25%/year, wide fund range
  • Good balance of cost and investment choice
  • Suits medium-sized portfolios well

Cheapest Stocks & Shares ISA

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Quick Answers

Best ISA platform for beginners UK: Trading 212 is the most accessible starting point — zero platform fee, zero commission, and fractional shares from £1. For beginners who specifically want ETF-only investing at the lowest possible cost, InvestEngine is the stronger choice.

Cheapest Stocks and Shares ISA: Trading 212 and InvestEngine both charge £0 platform fee. For full-service platforms with a flat monthly fee, Interactive Investor at £11.99/month becomes very competitive for portfolios above £50,000. See our full cheapest ISA platforms guide.

Best ISA for large portfolios: Interactive Investor's flat fee structure means larger portfolios pay proportionally less than they would on percentage-fee platforms like Hargreaves Lansdown or AJ Bell. Trading 212 remains cheaper on platform fees alone at any size.

Best app-based ISA: Trading 212 has one of the strongest mobile ISA experiences available in the UK, with a clean interface, portfolio tracking, and fractional shares. Freetrade is another mobile-first option with ISA access from £4.99/month.

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Popular ISA Platform Comparisons

Comparing two specific platforms? These head-to-head comparisons break down fees, investment choice, and which platform wins at different portfolio sizes.

Trading 212 vs Interactive Investor

Zero fees vs flat monthly fee — which wins at your portfolio size, and when does II become cheaper?

Interactive Investor vs AJ Bell

Flat fee vs percentage fee — the key comparison for investors with larger portfolios and broader fund needs.

Cheapest ISA Platforms UK

Full fee breakdown across all major platforms at £5k, £25k, £50k, £100k and £250k portfolio sizes.

Best ISA for Beginners

Platform recommendations for first-time ISA investors — focused on simplicity, low minimum deposits and ease of use.

Frequently Asked Questions

For most beginners and investors at any portfolio size, Trading 212 is the default recommendation — zero platform fee, zero commission, and a low 0.15% FX rate. For ETF-only investing, InvestEngine offers a genuinely zero-cost DIY ISA. For larger portfolios (£50,000+) where a wide fund range matters, Interactive Investor's flat fee becomes very competitive. The best platform depends on your portfolio size and investment style.
Platforms in this comparison are offered by UK-authorised firms. FSCS protection may apply up to £85,000 per eligible person, per firm, in the event of firm failure — not investment losses. A Stocks & Shares ISA holds investments, not cash guarantees. The value of investments can fall as well as rise.
The annual ISA allowance is £20,000 per tax year (6 April to 5 April). You can deposit up to this amount across all your ISAs. You cannot carry unused allowance forward to the next tax year. ISA rules govern how subscriptions are made — always check the latest HMRC guidance and your provider's terms.
Yes. You can transfer ISAs from previous years to a new provider at any time without losing their tax-free status. Always use the official ISA transfer process through your new provider — never withdraw funds yourself and re-deposit, as this uses your current year's allowance. Transfer times typically take 15–30 days.
It depends on your goals and time horizon. A Cash ISA protects your capital and suits money you may need soon. A Stocks & Shares ISA carries more risk but has historically delivered higher returns over longer periods. Many investors hold both — a Cash ISA for short-term savings and a Stocks & Shares ISA for long-term wealth building. A minimum 5-year investment horizon is often recommended for a Stocks & Shares ISA.
Risk Warning & Disclaimer: Investments can go up as well as down and you may get back less than you invest. A Stocks & Shares ISA provides tax advantages but does not protect against investment losses. FSCS protection may apply up to £85,000 per eligible person, per firm, in the event of firm failure — not investment losses. Fee information reflects our understanding as of March 2026 — always verify current fees directly with each provider. InvestCompareUK may receive affiliate commission when you open an account via links on this page. Our comparisons are independently produced. Always do your own research before investing.