We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
InvestEngine experiences?
Options
Comments
-
Alexland said:Albermarle said:I have been with IE as one of my providers for a few years
I thought they had been only going a couple of years, but a quick google shows they started in 2019. Doesn't time fly !It was 2022 to be more precise so yeah, they felt pretty new to me but it was just a few hundred pounds via their GIA and gradually increasing (it was for funds that I would put into ISA later on). I guess its the literal investing equivalent to dipping my toes into the water and finding out its fine.In hindsight, they did what they marketed and allowed me to invest into the same stuff I had on Vanguard but cheaper so I cant fault them so far.But in terms of the big picture, I admit its been a dilemma for some time now when thinking between cheaper and costlier brokers. What I got with IE is nowhere near the FSCS limit so Im not losing sleep over it but my portfolios across different providers do add up and Im pondering on whether to do a bit of consolidation which will have to be to a more established broker (been looking into ii as their flat fee model seems good).0 -
Alexland said:Albermarle said:I have been with IE as one of my providers for a few years
I thought they had been only going a couple of years, but a quick google shows they started in 2019. Doesn't time fly !0 -
Thanks for your replies.It seems no one here has had any major issues.I’m not too worried about them folding. My money will be in a global ETF with a major provider so it would just be a platform move in that scenario.I’m liking the 0% fees.0
-
I am using IE and very happy with it. Very easy to use with some great options. Here ⬇️ is some more deep explanation .https://youtu.be/W3cNqa0txgg?si=IRvOD4b6PGrSzItR
1 -
I have no reason whatsoever to think there are any financial problems with InvestEngine UK.
However their published accounts ( 12 months to 31/03/2024) make interesting reading.
Assets under Management - £440 M ( up 175% from the previous 12 months)
Turnover - £314K
Losses - £5 million ( same as the previous 12 months)
So a typical Fintech company. Burning cash to build up an IT system and build up customer numbers ( by hardly charging them/not charging at all ) .
In time they will no doubt increase charges or be sold.1 -
I wouldn’t be surprised to see charges increased in the future. Unless they can get enough people on their managed option.0
-
I transferred in an ISa from Fidelity there and set up regular savings have to say that went really well very proactive staff got it sorted in a decent time.
Much better than one I did from M&G to Vanguard that took 3 months with Vanguard taking no responsibility I had to intervene and complain, I am now moving that to Invest Engine and hoping it's better than last time and I really am not impressed with Vanguard in the wsy they treated smaller investors on charges recently.
I am also investing some money with T212 but not really gelling with the platform in the same way.1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards