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Vanguard, iweb or ii?

havingaball74
Forumite Posts: 256
Forumite

Hi all,
I appreciate that this question has been asked already but ...
I have around £60k that I'd like to invest gradually into a Vanguard stocks and shares ISA (transferring from cash ISAs). I'd also like to invest monthly eventually from my current account.
As someone new to investing, which platform would you suggest I use?
There are so many factors to take into account that I'm getting confused!
Thanks
I appreciate that this question has been asked already but ...
I have around £60k that I'd like to invest gradually into a Vanguard stocks and shares ISA (transferring from cash ISAs). I'd also like to invest monthly eventually from my current account.
As someone new to investing, which platform would you suggest I use?
There are so many factors to take into account that I'm getting confused!
Thanks
0
Comments
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What's important to you? Cost? Customer service? Web site? Range of funds? etc etcDo you invest in funds (OEICs) or ETFs/Investment Trusts?All these things have a bearingNB IWeb don't do monthly investing1
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havingaball74 said:Hi all,
I appreciate that this question has been asked already but ...
I have around £60k that I'd like to invest gradually into a Vanguard stocks and shares ISA (transferring from cash ISAs). I'd also like to invest monthly eventually from my current account.
As someone new to investing, which platform would you suggest I use?
There are so many factors to take into account that I'm getting confused!
Thanks1 -
Monevator recommends portfolios over £12k for S&S to look into a fixed fee account.
https://monevator.com/compare-uk-cheapest-online-brokers/
If you want to invest monthly iWeb would be £5 each time. iWeb have no app and UI is quite out of date.
With II they are increasing monthly fee to £11.99 from 9.99 from September. But regular monthly investing is free. Modern UI/app.Customer service with iWeb/II are both good.0 -
havingaball74 said:
I have around £60k that I'd like to invest gradually into a Vanguard stocks and shares ISA (transferring from cash ISAs).Remember the saying: if it looks too good to be true it almost certainly is.3 -
Keep things simple - you want Vanguard so use Vanguard!
They are good value, only offer their own funds and you can save monthly.
https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-isa
3 -
build up S&S ISA in vanguard and then transfer pot to iWeb each year-end.
repeat2 -
I'll add HL - one of the expensive platforms. But there are ways to reduce fees.
If you hold stocks, ETF, Gilts in S&S rather than bonds, they are capped at £45 per year. But there is a dealinging fee of £12ish. Also, HL pay interest in cash held.
What I have done in the past, do regular monthly investing in funds and then swap to an equivalent ETF.
iWeb is good and I think has lot more stocks, ETFs, funds and gilts. My wife has one, But is a pain to do regular investing and often forget to add“Don't raise your voice, improve your argument." - Desmond Tutu
System 1 - 14 x 250W SunModule SW + Enphase ME215 microinverters (July 2015)
System 2 - 20 x 330W Jinko Panels + Enphase IQ7+ microinverters (Jan 2022) + Givenergy AC Coupled inverter + 2 * 8.2KWh Battery (May 2022) + Mitsubishi 7.1 KW and 2* Daikin 2.5 KW A2A Heat Pump1 -
ispookie666 said:But there is a dealinging fee of £12ish.
4 -
I have accounts with all 3 and they've all been fine.
https://www.comparefundplatforms.com/ is good for comparing costs.
0 -
Key thing with vanguard is well, you're limited to vanguard and their funds. And ironically, some of their funds aren't on their own platform but are on others like II or iweb. I think this may just be inc versions of some funds or something, but it still perplexes me!1
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