Best platform for S&S ISA

dont_use_vistaprint

Considering transfering around 50K of my Cash ISA savings into a S&S ISA & around 1/4 to 1/2 of my allowance each year going forward.

Goals are to invest primarily (80%) in funds that track the market & max. 20% individual stocks (emerging markets telecommunications, power and tech ) over a min 8 max 12 year period and beat performance of cash ISA.

I have very little experience of stocks and shares, but I am familiar with platforms like T212, H&L, Vanguard, Interactive investor and Revolut.

Which platform , would you recommend to me & why ? 

LHW99

Any use?

https://monevator.com/work-out-cheapest-platform/

Generally, you may find a % charge is fewer £ at £50k, but a fixed price one when you've got more.

Possibly T212 is fee free (? don't know, and don't know what range of funds it offers)

NoMore

ISAs & tax-free savings — MoneySavingExpert Forum 

ColdIron

You could play about with this link. I can't make their numbers equal mine but they are in the ballpark and give you an idea of who is good and bad for your patterns

https://www.comparefundplatforms.com

dont_use_vistaprint said:

Goals are to invest primarily (80%) in funds that track the market

PS you can make considerable savings by using ETFs rather than funds (OEICs) if you will be using trackers so enter these as 'Shares' rather than 'Funds'

dont_use_vistaprint

ColdIron said:

You could play about with this link. I can't make their numbers equal mine but they are in the ballpark and give you an idea of who is good and bad for your patterns

https://www.comparefundplatforms.com

dont_use_vistaprint said:

Goals are to invest primarily (80%) in funds that track the market

PS you can make considerable savings by using ETFs rather than funds (OEICs) if you will be using trackers so enter these as 'Shares' rather than 'Funds'

Thanks, that’s what I meant. I think ETFs, to be honest i’m not sure everybody keeps just saying to me just get something that’s tracks the market, which makes no sense to me I’d rather someone I trust on here  tell me what to buy to di this and on which platform :-) 

dont_use_vistaprint

NoMore said:

ISAs & tax-free savings — MoneySavingExpert Forum 

Google is better has far more information.

dont_use_vistaprint

LHW99 said:

Any use?

https://monevator.com/work-out-cheapest-platform/

Generally, you may find a % charge is fewer £ at £50k, but a fixed price one when you've got more.

Possibly T212 is fee free (? don't know, and don't know what range of funds it offers)

A little yes, thanks. 

I’m not sure really if costs is the biggest driver and how significant they are even, I spent ages on Revolut trying to buy some shares in a company that  NYSE IPO’d &  failed miserably. And the price skyrocketed and I missed the opportunity so I don’t wanna choose a platform that’s not gonna have the kind of things I want to buy or put delays in place when I try to buy

AlanP_2

A lot of mainstream UK based platforms are unlikely to get involved in single company issues being IPOd on the NYSE I would have thought.

I don't know for sure as it has never been something I've looked in to so you would need to check each platform very carefully if that is the sort of thing you want to do.

Can you even hold NYSE listed securities in an ISA?

NoMore

dont_use_vistaprint said:

NoMore said:

ISAs & tax-free savings — MoneySavingExpert Forum 

Google is better has far more information.

It’s the fact there is a specific sub forum here for isa you’ve posted in the pensions board. I was just pointing out the more appropriate place for this query on this forum. If you want to google why post here at all ? 

LHW99

dont_use_vistaprint said:

LHW99 said:

Any use?

https://monevator.com/work-out-cheapest-platform/

Generally, you may find a % charge is fewer £ at £50k, but a fixed price one when you've got more.

Possibly T212 is fee free (? don't know, and don't know what range of funds it offers)

A little yes, thanks. 

I’m not sure really if costs is the biggest driver and how significant they are even, I spent ages on Revolut trying to buy some shares in a company that  NYSE IPO’d &  failed miserably. And the price skyrocketed and I missed the opportunity so I don’t wanna choose a platform that’s not gonna have the kind of things I want to buy or put delays in place when I try to buy

Buying shares (or IT's or ETF's) will work differently on most platforms from buying (OIEC) "funds". OIEC's are not traded in real time, but are gathered up at a specific time of day, and then (usually) traded at the next pricing point, which may be the day following. You don't know what cost you will trade at.

If you want a tracker that trades in real time, it's going to be an ETF (don't know any IT trackers), which can bring in whether the divis are paid in $ or £ and possibly where the ETF is registered (US / Ireland / Luxembourg...).

If you only want shares / ETF's, then look for a platform that caps their fees for those.

dont_use_vistaprint

NoMore said:

dont_use_vistaprint said:

NoMore said:

ISAs & tax-free savings — MoneySavingExpert Forum 

Google is better has far more information.

It’s the fact there is a specific sub forum here for isa you’ve posted in the pensions board. I was just pointing out the more appropriate place for this query on this forum. If you want to google why post here at all ? 

Ahhh ok, apologies.👍