Our fees and charges
Learn about our annual services fees and the dealing charges you may pay for buying and selling different investments.
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Introduction to fees
Fees eat away at your investment returns – and your future financial goals. At Bestinvest, we help you keep costs to a minimum.
Our fees apply across all account types, including ISAs, Junior ISAs, Investment Accounts and SIPPs, with some further conditions around SIPPs. If you hold investments, you will be charged service fees. If you buy and sell shares or exchange traded funds (ETFs), you may also be charged dealing fees. Depending on the individual investments you make, there may be other charges, such as the ongoing charges figure (OCF) for funds and stamp duty on shares.
For further explanation on costs and charges, you can read our Key facts about Our Services and Costs documents or call us on 020 7189 9999.
On this page you will find information about:
- Our annual service fees
- Our dealing fees
- Fund management fees
- Example costs and charges
- Fees for other services
- Current cash interest rate paid
Annual service fees
Our annual service fee is the charge we apply for using our investment platform. Our service fees are tiered, meaning the rate you pay is lower on higher balances. The charge is a percentage of the value of your investments in that tier and it is calculated and collected each month. What you pay may be different each month as your investments change in value.
Our service fees are also lower for investments in our Ready-made Portfolios and US shares, tiering down from 0.2%. Service fees for investments in Third party funds and UK shares tier down from 0.4%.
Our SIPPs have a minimum service fee of £10 per month, excluding Junior SIPPs, which means you could pay more than the above service fees. Read more about our low-cost SIPP Charges. There is no minimum service fee on ISAs, Junior ISAs, or Investment Accounts.
|
Invested assets |
On £0 - 250,000 |
On £250 - 500,000 |
On £500,000 - 1 million |
Over £1 million |
|
Ready-made portfolio funds |
0.2% |
0.2% |
0.1% |
Zero |
|
US shares |
0.2% |
0.2% |
0.1% |
Zero |
|
Other Funds and UK shares |
0.4% |
0.2% |
0.1% |
Zero |
Example annual service fee
To illustrate our annual service fees, on a £100,000 investment - split evenly between Ready-made Portfolios and third party funds or UK shares - our fee would be calculated as follows:
|
Investment |
Fee rate |
Charge |
|
£50,000 in Ready-made portfolio funds |
0.2% |
£100 |
|
£50,000 in third party funds or UK shares |
0.4% |
£200 |
|
Total |
0.6% |
£300 |
Dealing fees
Dealing fees are charged when you buy and sell ETFs, UK shares, and other non-fund investments. To buy and sell UK shares and ETFs online, we charge a fee of £4.95 per trade, which is among the lowest in the market. For buying and selling US shares we do not charge an online dealing fee, but there is a foreign exchange (FX) fee of 0.95%. This makes us one of the cheapest platforms to trade US shares on. At Bestinvest, there is also no fee to buy or sell funds.
See our dealing fee comparison
Below is an overview of dealing-related fees you may be charged:
|
Types of fees |
Trading cost |
|
UK online share dealing |
£4.95 per trade |
|
US online share dealing |
There is no online dealing fee but there is a 0.95% foreign exchange (FX) fee |
|
Stamp Duty Reserve Tax |
0.5% of the value of investment you buy |
|
Panel of Takeovers and Mergers (PTM) Levy* |
£1.50 |
|
Online fund dealing |
Free |
|
Dividend reinvestment |
Free |
|
Regular investing |
Free (regular investing is the process of buying funds each month automatically by direct debit) |
|
Limit orders |
Free |
|
Telephone dealing |
£30 per trade |
|
Paper statements, valuations and contract notes |
£37.50 (quarterly) |
*Where applicable
Fund management fees
For funds, investment trusts and ETFs on our platform there is an additional charge to pay called an Ongoing Charges Figure (OCF). This is the annual total cost of running and managing the fund and is charged by the fund manager, not us. It is unique to the fund and charged as a percentage. You can find this charge on each investments factsheet and it's also displayed on our investment search tool on the 'Key information' tab.
Example costs and charges
Investing in Ready-made Portfolio funds only
Illustration assumptions:
- you invest only in our Ready-made Portfolio funds online
- the average OCF is 0.35% (which is an indicative figure based on our Smart funds range)
| Investment amount | Investment amount | Investment amount | |
| £10,000 | £50,000 | £250,000 | |
| Our annual service fee | |||
| Amount | £20 | £100 | £500 |
| % of Investment | 0.2% | 0.2% | 0.2% |
| Product costs | |||
| Ongoing Charges Figure (£) | £35 | £175 | £875 |
| Ongoing Charges Figure (%) | 0.35% | 0.35% | 0.35% |
| Total annual fee | |||
| Amount | £55 (£4.58 per month) | £275 (£22.91 per month) | £1,375 (£114.58 per month) |
| % of Investment | 0.55% | 0.55% | 0.55% |
Investing in third party funds and UK shares
Illustration assumptions:
- you invest £50,000
- your portfolio is made up of 75% third party funds and 25% UK shares
- the average OCF for the fund is 0.67% (a figure indicative of a medium risk portfolio targeting capital growth)
- UK share deals are placed online
| Number of UK share trades | Number of UK share trades | Number of UK share trades | |
| 2 | 5 | 10 | |
| Our annual service fee | |||
| Amount | £200 | £200 | £200 |
| % of Investment | 0.4% | 0.4% | 0.4% |
| Transaction costs | |||
| Online dealing fee (buy or sell of UK stocks and shares) | £9.90 | £24.75 | £49.50 |
| Stamp Duty Reserve | £62.50 | £62.50 | £62.50 |
| Total Bestinvest fee | |||
| Amount | £272.40 | £287.25 | £312 |
| % of Investment | 0.54% | 0.57% | 0.62% |
| Product costs | |||
| Ongoing Charges Figure (£) | £251.25 | £251.25 | £251.25 |
| Ongoing Charges Figure (%) | 0.67% | 0.67% | 0.67% |
| Total fee including fund management fee (£) | |||
| Amount | £523.65 | £538.50 | £563.25 |
| % of Investment | 1.21% | 1.24% | 1.29% |
Other services
Coaching and advice
We offer free coaching – even if you are not yet a client. We also offer low-cost paid investment advice.
|
Advice type |
Cost |
|
Coaching |
Free There is no limit on the number of coaching sessions that you can book. |
|
Portfolio Health Check |
£495 inc. VAT per advice session booked |
Managing your fees and charges
You can see your fees and charges in your account online. Log in and select the account that you would like to see the fees for. Select the Transactions tab.
Your charges are also explained in your Quarterly Valuation Statements which you find under Your Profile > Documents.
Each month we’ll automatically take any fees from your available cash balance in your account.
If there’s not enough cash in your account, we’ll sell some of your investments to cover the fees. There is no additional charge for this and you'll receive an email prior to any fees that are due on a monthly cycle.
Current interest on your cash balance
The interest rate on cash within any account you hold is set by our custodian (SEI) and is subject to change without notice.
Balance
£0+
Interest rate
3.23%
ISAs, Junior ISAs, SIPPs and Junior SIPPs
Free from UK income tax
The rate shown is the Annual Equivalent Rate (AER) which shows what the interest rate would be if interest was paid and compounded once each year. Interest is paid monthly in arrears.
Interest in other account types is paid gross and you are responsible for paying any tax due on interest that exceeds any tax-free allowances. Tax rates depend on individual circumstances and are subject to change. For more information see our Terms of Business.
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