- Richard Berry
We have ranked and reviewed the best fund platforms in the UK that are regulated by the FCA. Fund platforms enable clients to buy and sell investment funds such as ETFs, open-ended funds, investment trusts, and index funds.
Best Fund Platforms 2024
| Fund Platform | Fund Account Fee | Fund Dealing Commission | GMG Rating | More Info |
|---|---|---|---|---|
| £4.99 a month | £7.99 | (4.3) | Visit Platform Capital at risk | |
| 0.45% – 0.1% | £0 | (4.2) | Visit Platform Capital at risk | |
| 0.25% – 0.1% | £1.50 | (4.1) | Visit Platform Capital at risk | |
 | 0.4% – 0.1% | £0 | (4.1) | Visit Platform Capital at risk |
 | 0.15% | £0 | (3.9) | Visit Platform Capital at risk |
 | 0.4% | £0 | (4) | Visit Platform Capital at risk |
Table of contents show
❓Methodology: We have chosen what we think are the best fund platforms based on:
- over 17,000 votes in our annual awards
- our own experiences testing the fund platforms with real money
- an in-depth comparison of the features that make them stand out compared to alternative platforms for buying funds.
- interviews with the fund platform CEOs and senior management
Interactive Investor: Best fund platform
Interactive Investor Fund Investing Review
Name: Interactive Investor Fund Investing
Description: Interactive Investor won best fund platform in our 2022 awards as you can invest in over 3,000 thousands of funds with help from II’s impartial experts that have selected ideas for a wide range of active and passive funds, investment trusts, and exchange-traded funds (ETFs). The ii Super 60 fund selections are designed to suit all investors, while our ACE 40 list highlights the best-in-class ethical funds.
Capital at risk.
- Visit Interactive Investor
Summary
- Available funds:3,000
- Fund account fee:£9.99 per month
- Fund dealing commission:£7.99
- Minimum investment:£1
Fees: *Fund dealing commissions are a free trade every month, then charged £7.99 or you can upgrade to a £19.99 “Super Investor” account 2 free monthly trades and deal for £3.99. Regular investing is free.
Pros
- Fund model portfolios
- £1 minimum deposit
- £9.99 fixed account fee
Cons
- Fixed-fees not great for very small accounts
- No lifetime ISA
- Pricing
(4.5)
- Market Access
(4.5)
- Online Platform
(4)
- Customer Service
(4)
- Research & Analysis
(4.5)
Overall
4.3
Visit Interactive Investor
Capital at risk
Hargreaves Lansdown:Excellent fund portfolios and analysis
Hargreaves Lansdown Fund Investing Review
Name: Hargreaves Lansdown Fund Investing
Description: Invest in over 3,000 funds or choose from Hargreaves Lansdown funds picked by a team of in-house investment experts that manage a range of Multi-Manager funds (fund-of-funds) and HL Select range of equity funds.
Capital at risk.
- Visit Hargreaves Lansdown
Summary
- Available funds:3,000
- Fund account fee:0.45%
- Fund dealing commission:£0
- Minimum investment:£1
Fees: There is no charge for buying and selling funds on Hargreaves Lansdown. Fund accounts are charged at 0.45% for the first £250,000. Then 0.25% up to £1m, 0.1% up to £2m. There is no charge above £2m.
Pros
- Over 3,000 funds
- £1 minimum deposit
- No charge for buying or selling funds
Cons
- 0.45% account fee* is relatively high
- No cap on fund account fees
- Pricing
(3.5)
- Market Access
(4.5)
- Online Platform
(4)
- Customer Service
(4.5)
- Research & Analysis
(4.5)
Overall
4.2
Visit Hargreaves Lansdown
Capital at risk
AJ Bell:Best for low-cost fund investing
AJ Bell Fund Investing Review
Name: AJ Bell Fund Investing
Description: AJ Bell offers a fantastic selection of funds for investors. Currently, there are more than 2,000 funds on the platform. These funds – which include both active and passive funds – offer access to specific asset classes, markets, and geographical locations. You can invest as little as £25 per month into funds with the company’s regular investment service.
Capital at risk.
- Visit AJ Bell
Summary
- Available funds:2,000
- Fund account fee:0.25%
- Fund dealing commission:£1.50
- Minimum investment:£500
Fees: AJ Bellcharges 0.25% for fund account which reduces to 0.10% on the value of your funds between £250,000 and £500,000. There is no charge above £500,000. Dealing costs are £1.50.
Pros
- 2,000 funds to invest in
- Low account fee of 0.25%*
Cons
- £500 minimum deposit
- £1.50 to buy and sell funds
- Pricing
(4.5)
- Market Access
(4)
- Online Platform
(4)
- Customer Service
(4)
- Research & Analysis
(4)
Overall
4.1
Visit AJ Bell
Capital at risk
Bestinvest:Good for fund investing advice and low costs
Bestinvest Fund Investing Review
Name: Bestinvest Fund Investing
Description: Bestinvest has combined low-cost online investing and share dealing with personalised expert advice to help clients choose the right investments for their portfolio. A good choice for large long-term investors.
Capital at risk.
- Visit Bestinvest
Summary
- Available funds:1,000
- Fund account fee:0.2%
- Fund dealing commission:£4.95
- Minimum investment:£1
Fees: Bestinvestcharge a 0.2% account fee for holding ready-made portfolios. Above £500,000 it reduces to 0.1%. For other investments, the account fee is 0.4% up to £250k. Dealing commissions £4.95 per online share trade, fund dealing is free.
Pros
- £1 minimum investment
- Advice from experts on demand
- 0.2%* account fee for ready-made fund portfolios
Cons
- Higher 0.4% account fee for none ready-made portfolios
- Pricing
(4.5)
- Market Access
(3.5)
- Online Platform
(3.5)
- Customer Service
(4.5)
- Research & Analysis
(4.5)
Overall
4.1
Visit Bestinvest
Capital at risk
Dodl: Easy to use fund investing for beginners
AJ Bell Dodl Fund Investing Review
Name: AJ Bell Dodl Fund Investing
Description: AJ Bell Dodl lets you invest in a range of AJ Bell funds with different levels of risk. Dodl has also put together a range of thematic funds with descriptive names to make picking your investments easier.
Capital at risk.
- Visit AJ Bell Dodl
Summary
- Investments:Shares, ETFs, funds
- Minimum deposit:£1
- Account types:GIA, ISA, Pension, LISA
- Account charge:0.15%
- Dealing fee:£0
Fees: Dodl charges your account 0.15% of the value of your funds per year (min £1 per month).
Pros
- Simple to understand funds
- Low costs
- Backed by AJ Bell
Cons
- Limited fund choice
- App only
- Pricing
(4.5)
- Market Access
(3.5)
- Online Platform
(4)
- Customer Service
(4)
- Research & Analysis
(3.5)
Overall
3.9
Visit Dodl
Capital at risk
TILLIT: A curated fund universe for long-term investors
TILLIT Review
Name: TILLIT
Description: TILLIT offers a curated universe of best-in-class funds for long term investors. The company was founded in 2019 by ex-Baillie Gifford fund manager Felicia Hjertman to help investors make better investment choices.
Capital at risk.
- Visit TILLIT
Summary
TILLIT is a good choice for long term investors who want to invest in a diverse range of funds ,OEICs, unit trusts, investment trusts and ETFs that have been hand-picked by experienced fund managers to cover different regions, assets and risk profiles.
- Investments: Funds
- Minimum deposit:£1
- Account types:GIA, ISA, Pension
- Account charge:0.4%
- Dealing fee:£0
Pros
- Curated range of funds
- Guidance on investments
- Scaled fee structure
Cons
- Cannot invest in individual shares
- Limited universe of investments
- No app
- Pricing
(4)
- Market Access
(3.5)
- Online Platform
(3.5)
- Customer Service
(4.5)
- Research & Analysis
(4.5)
Overall
4
Visit Dodl
Capital at risk
⚠️ FCA Regulation
All fund platforms that operate in the UK must be regulated by the FCA. The FCA is the Financial Conduct Authority and is responsible for ensuring that UK fund platforms are properly capitalised, treat customers fairly and have sufficient compliance systems in place. We only feature fund platforms that are regulated by the FCA, where your funds are protected by the FSCS.
Compare Other Types Of Investment Funds
Richard Berry
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.Richard's contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.Under Richard's leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide's standing as a well-respected resource for both customers and industry colleagues.
This article contains affiliate links which may earn us some form of income if you go on to open an account. However, if you would rather visit the fund platforms via a non-affiliate link, you can view the product pages directly here:
