Where to find broker advice

The fixed fee II platform is intended for customers with a high account valuation.

If you trade infrequently it's worth considering Halifax / iWeb or for smaller balances then consider percentage only fee from Cavendish Online or Charles Stanley Direct.

If you are happy to be restricted to Vanguard (and friends) funds then Vanguard Investor is a very low percentage fee.

My son's Junior ISA is with Orbis Access and they are currently offering £100 if you transfer and then no fees (platform or fund) on the transferred balance or contributions invested in the first 12 months until the child is 18. But they only have 2 funds which are medium and high volatility and and the fund fees on further contributions after 12 months can be high if they outperform the benchmark.

Alex

Ok sounds like your trading activity would fit within the II £90 annual fee. On Halifax SD that would cost £99 (£12.50 + 5x £12.50 + 12x £2) or iWeb would be a £25 setup then £85 (17x £5) but neither offer so much fund choice.

For comparison on funds Cavendish charge 0.25% platform and no trade fees. So the break even point against £90 fixed fee would be £36k.

Or Vanguard Investor (if you are happy with only choosing between their funds) charge 0.15% so the break even point against £90 fixed fee would be £60k.

If you are over these values (or expect to be in the near future) then it might make sense to stick to II.

In the accumulation phase it usually makes sense to start with a percentage fee platform then as the value increases move onto a fixed price platform.