Alternative to II

CaptainWales

As II are putting their fees up, are there any cheaper platforms? I have a stocks and shares isa and general account

Alice_Holt

https://monevator.com/compare-uk-cheapest-online-brokers/

Hopefully you can access this.

If not try:
https://www.comparefundplatforms.com/

masonic

It would depend very much on your investments and trading behaviour as to whether there are cheaper options, but probably there are. InvestEngine is very cheap if you can cope with their limited range of investment choices. Otherwise iWeb could be an option if you must be able to hold funds, or even the likes of Aviva/HL/AJ Bell if you can hold ETFs/ITs/shares and benefit from their fee cap.

I haven't decided what to do yet. I already have a second S&S ISA with iWeb, so one option would be to merge the two, but both are several fold over the FSCS limit already and I like having them split... just not at an additional annual cost of £140+. I was a tad uncomfortable with the cost before the latest hike.

I could shift to AJ Bell, where I already have a LISA, saving £100pa. Decisions, decisions.

GeoffTF

It also depends on whether you want a SIPP. iWeb is cheap except for the SIPP.

masonic

GeoffTF said:

It also depends on whether you want a SIPP. iWeb is cheap except for the SIPP.

OP specified S&S ISA and trading account. Though savings could be made by moving SIPP from II, now that Fidelity has upped its cap to £90, the saving won't be as large as for other accounts, and may require a switch from open ended to exchange traded.