Interactive Investor Trading ReviewInteractive Investor Trading Review
Launched in 1995 Interactive Investor has over 400,000 customers and is one of the most engaged investor communities in the UK. After the acquisition of rival TD Direct in 2022, Interactive Investor now has around PS50 billion assets under administration and is one of the UK’s largest fixed-price retail investment platforms alongside Hargreaves Lansdown. The service provides DIY investors with a comprehensive range of tools and features to make informed investment decisions including detailed market and sector analysis. It also hosts regular investing masterclasses, together with video and podcast content from its expert team.
Users can access their Interactive Investor Trading Review or the ii dealing app on iOS and Android devices. The app offers all the functionality needed to trade shares, ETFs and funds including automatic execution of limit and stop loss orders. However, it does not support short-term trading or commodities. It does allow for multiple currency accounts which helps reduce FX fees when placing overseas trades. The ii app also offers the ability to set price alerts for up to 10 investments and create watch lists.
Interactive Investor Trading Review: Platform Features and Costs
ii is regulated by the FCA and uses third party banks and custodians to hold customer funds. This provides protection for your money in the event of a company failure. It is also a member of the Financial Services Compensation Scheme and provides two-factor authentication when logging in.
Overall, the ii platform is well-designed and easy to use. It is a good choice for beginner investors who want to trade traditional products like UK and international shares, ETFs and funds. Those looking for more sophisticated charting and analysis tools will need to look elsewhere.
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