Interactive Investor Broker Review is a sophisticated investment platform that is suitable for confident investors who are looking to cut out the middle man and manage their own investments. The brand also offers a range of tools that would appeal to beginners although it can feel a little overwhelming for newcomers. ii is a good choice for those with significant investment capital, as its flat fees work out more cost-effective for larger portfolios.

Interactive Investor Broker Review: Is It the Right Choice for You

The ii platform has an impressive selection of global shares, ETFs and funds to choose from. These can be bought and sold on 17 exchanges with 9 currencies which is a very good selection for the average investor. One of the standout features is ii’s consolidated share dealing account where all shares are stored – this allows customers to control when currency conversions take place, thereby minimising exchange charges and enabling hedging.

ii offers a variety of tools for analysing your portfolio including fund shortlists, a virtual portfolio and the ability to register for email updates. It also has a comprehensive education portal, which includes jargon busters, investing tutorials and podcasts. However, the site does not offer personalised investment support or one-to-one guidance for individuals.

It is easy to open a ii account by selecting either a Trading, ISA or SIPP account online. To make a deposit, you can use a bank transfer or debit card – funds are usually available in your account the next day (provided you’ve registered for the service). Alternatively you can set up a Direct Debit to invest on a regular basis. The brand will then automatically buy and sell your investments in line with your chosen criteria.