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Which Platform to pick for investment
Niv
Posts: 2,616 Forumite
Apologies, I know this has been asked / included in many threads, but searching for which platform to chose does not actually bring up many useful threads.
I wish to DIY an investment portfolio into a variety of funds but am not sure which platform to go with. I intend to make bulk irregular payments rather than monthly/regular investments, however could be convinced to regularly invest if there is a good reason to.
Any advise on platform to use? Was thinking trade121 but I know there are others people recommend on here.
Thanks.
I wish to DIY an investment portfolio into a variety of funds but am not sure which platform to go with. I intend to make bulk irregular payments rather than monthly/regular investments, however could be convinced to regularly invest if there is a good reason to.
Any advise on platform to use? Was thinking trade121 but I know there are others people recommend on here.
Thanks.
YNWA
Target: Mortgage free by 58.
Target: Mortgage free by 58.
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Comments
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Depends on what you want to invest in?What do you mean by funds?Trading212 only offers exchange traded funds (ETFs), doesn’t offer OEICs (which is what you may mean by funds?).Don’t pick the platform first...1
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I am not picking the platform first, but I would like a shortlist of decent ones so I can check they have the funds I want. Two examples are 'Royal London sterling credit fund' and 'HSBC FTSE 250 Index tracker investment fund'.grumiofoundation said:Depends on what you want to invest in?What do you mean by funds?Trading212 only offers exchange traded funds (ETFs), doesn’t offer OEICs (which is what you may mean by funds?).Don’t pick the platform first...YNWA
Target: Mortgage free by 58.0 -
Most of the regular posters on here use one of the following mainstream platforms.
HL ; AJ Bell ; Fidelity ; Interactive Investor ; iweb
The first three have % based charges , so charges go up as size of pot goes up , although there are discounts for larger sums.
The latter two have a fixed charge , so usually cheaper for larger sums .2 -
Thanks guys, that exactly the info i was after.YNWA
Target: Mortgage free by 58.0 -
Here is an article that compares some platforms (flick through to last page of article if you just want the summary).I don't care about your first world problems; I have enough of my own!0
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I use HL because of the ongoing fund savings for major funds.0
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Be aware that their platform charge outweighs the savings for most funds once you have a reasonable amount investedmrlegend123 said:I use HL because of the ongoing fund savings for major funds.Remember the saying: if it looks too good to be true it almost certainly is.5 -
A few good sources I would recommend to compare platforms and choose the right one for you and your circumstances;
- https://www.amorge.co.uk/blog/which-platform-to-use
- https://monevator.com/compare-uk-cheapest-online-brokers/
"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)1
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