Monthly Saving into Stocks & Shares ISA

philng

My daughter and son in law are looking to save monthly over the long term so looking for a provider that enables low cost monthly contributions.

I am with IWEB who I don't think have that facility.

Interested to know what the options maybe where I can select the funds.

xylophone

https://www.hl.co.uk/investment-services/isa#:~:text=You can start investing with,will depend on your circumstances.

https://www.ajbell.co.uk/faq/can-i-invest-monthly-basis-stocks-and-shares-isa

https://www.fidelity.co.uk/stocks-and-shares-isa-faq/#3132579

wmb194

philng said:

My daughter and son in law are looking to save monthly over the long term so looking for a provider that enables low cost monthly contributions.

I am with IWEB who I don't think have that facility.

Interested to know what the options maybe where I can select the funds.

Trading212, Freetrade, CMC Invest. ETFs and Investment Trusts only, though.

philng

wmb194 said:

philng said:

My daughter and son in law are looking to save monthly over the long term so looking for a provider that enables low cost monthly contributions.

I am with IWEB who I don't think have that facility.

Interested to know what the options maybe where I can select the funds.

Trading212, Freetrade, CMC Invest. ETFs and Investment Trusts only, though.

So with the likes of Trading212 can you save monthly by Standing Order or Direct Debit and are there any charges for this? Seems unclear?

Also Fidelity again seems unclear if you can do monthly with no Fees if you just buy ETFs?

Beddie

Have a look at Vanguard, very low cost and good choice of investments (Vanguard only though.)

jimjames

I use Vanguard for monthly savings and have periodically transferred to my iWeb ISA for lower (no) portfolio fees.

Petriix

Trading 212 you can just pay in directly with open banking. I like it because I can buy small amounts of different ETFs regularly without any fees at all. I have a £1 daily deposit via debit card to get the TSB cashback but there's a cumulative limit of £2000 before you pay fees for card deposits. There's also a free share offer running at the moment.