The Interactive Investor Advantage
There are several advantages that make Interactive Investor an attractive choice for investors focusing on maximising their gains.
Firstly, it’s safe and secure, regulated by the Financial Conduct Authority and covered by the Financial Services Compensation Scheme (FSCS). This offers tax-free benefits through its ISA and SIPP offerings.
Interactive Investor’s flat-fee structure can provide another benefit for investors with larger portfolios.
While many platforms charge a percentage fee, Interactive Investor charges a fixed monthly fee not dependent on the size of your account. This can result in significant savings for those with larger investment pots.
Moreover, the comprehensive research tools offered by Interactive Investor are another significant advantage.
Users have access to a large breadth of information, including market analysis and detailed reports. Consequently, this can help users to make informed investment decisions.
In addition, Interactive Investor offers access to a variety of investments including shares, bonds, ETFs, investment trusts and managed funds. This range of choice provides flexibility for investors to construct suitable portfolios.
Investing with General Investment Account
Interactive Investor’s General Investment Account (GIA) is a flexible trading account allowing investments into variable options of assets. This account is not subject to any annual limits, making it suitable for people who want to invest more than the limited ISA or SIPP allowances.
The GIA offers diversity in its investment funds, including those that are active and passive, investment trusts, and shares. You can tailor your portfolio to fit your personal goals and financial situation, regardless of whether you’re looking for growth, income, or both.
One of the key benefits of this account is the ability to withdraw your money at any time. This offers versatility for those who want the flexibility to access their investments when they need to.
However, it’s important to remember that the value of investments can go down as well as up depending on the stock markets. Therefore, you may get back less than you invested.
The GIA is also covered by the Financial Services Compensation Scheme (FSCS). This means that if Interactive Investor were to fail, your investments would be protected up to £85,000. Therefore, this provides additional peace of mind when investing with Interactive Investor.
A Visit to Interactive Investor’s Platform
When you visit Interactive Investor’s platform, you’ll find many features designed to help you to make informed investment decisions before jumping to any decisions.
For instance, they offer extensive research tools which include market analysis, investment insights, and detailed reports.
It is crucial to note that the provider prides themself of a user-friendly experience, with an intuitive interface and clear navigation. Whether you’re a seasoned investor or a beginner, you’ll find the platform easy to use.
Plus, with a dedicated customer service team on hand to assist with any queries, you’ll always have the support wherever you need it.
One of the standout offerings of the site is the Investor Essentials Plan.
This cost effective option includes one free trade each month, making it a great money saving choice for those who trade less frequently. In addition, it includes access to the platform’s wide range of investment options.
Another key feature of the platform is the range of low cost funds. These include six ready-made portfolios that spread your investments across various asset classes and regions. Therefore, this can be a great way to diversify your portfolio and mitigate any risk.