The charges levied by different platforms can vary greatly, and our calculator helps unravel these costs. Typically, a platform will charge you an annual fee, and dealing fees if you choose to buy and sell stocks and shares. Occasionally, some charge a set-up fee. And most will have exit fees if you want to cash in or move your investments elsewhere. These fees could be a flat £ fee, or a percentage of your investment value, the former being preferable if you have a large amount to invest.
The difference between Do It Yourself, Direct to Consumer and Business to Consumer is relatively minimal.
There are two types of platforms. Adviser platforms are used by financial advisers to manage and plan your financial affairs. There’s a host of tools and functionality available to make the adviser’s job much easier, freeing him up to spend time with clients rather than on administrative tasks.
See some of the general FAQs we receive.