United Kingdom · Illustrative scenario

£100 a month into a Stocks and Shares ISA

Under the assumptions shown, the lowest calculable charge among the mutually comparable covered brokers is £0.00. This excludes the material costs listed below, and cost alone does not determine whether a broker meets your needs.

Last calculated · Oldest material source verification · Status: published

Complete assumptions

The portfolio value is the modeled average for the year. Contribution growth is not used to infer a different average.

Every fixed input used by the shared annual-cost calculator
Country and currencyUnited Kingdom · GBP
Account typeStocks and Shares ISA
Required investmentsShares, ETFs
Modeled average portfolio value£5,000.00
New contribution each month£100.00
Stock/share/ETF purchases each month1
Fund purchases each month0
Opening options contracts each month0
Overseas-currency purchase value each month£0.00
Full outgoing transfers in the year0
Modeled period12 months; monthly activity is multiplied by 12
Rounding conventionInteger minor units; percentage charges use half-up rounding unless a sourced provider rule specifies otherwise

Read the calculation and rounding methodology.

Included and excluded costs

Included

  • Account/platform charges
  • Share/ETF trades

Explicit exclusions

  • Bid–ask spreads, taxes, regulatory levies, fund ongoing charges, market-data subscriptions, margin interest, cash interest and investment performance are outside the v1 fee model.
  • Provider-specific charges outside the selected activity may apply; a calculated zero is not a claim that the account is free to use.
  • No overseas purchase or currency conversion and no transfer-out activity are modeled.

Eligibility and coverage

10 covered brokers were evaluated. 3 have mutually comparable modeled calculations; 5 have a material calculation gap; 1 have unknown eligibility; and 1 are ineligible for a selected requirement. Not every broker in the market is covered.

Comparable calculated charges

Ordered by calculable total, with alphabetical tie-breaking. There are no numeric ranks. The lowest annotation applies only to this fixed, current scenario.

Calculated charges among mutually comparable covered brokers
BrokerAccountTradingFX/optionsTransferCalculable totalCompleteness and details
LightyearLowest calculable charge£0.00£0.00£0.00£0.00£0.00Complete for selected modeled categories · current
Calculation details for Lightyear

Account · £0.00

Explicit zero-fee rule

Lightyear UK pricing: official source
Checked 3 August 2026

Share/ETF trading · £0.00

Explicit zero-fee rule

Lightyear UK pricing: official source
Checked 3 August 2026

Material limitation: ETF orders cost £0; currency conversion costs 0.1% when an FX conversion is required.

Trading 212£0.00£0.00£0.00£0.00£0.00Complete for selected modeled categories · current
Calculation details for Trading 212

Account · £0.00

Explicit zero-fee rule

Trading 212 Invest, ISA and SIPP fees: official source
Checked 3 August 2026

Share/ETF trading · £0.00

Explicit zero-fee rule

Trading 212 Invest, ISA and SIPP fees: official source
Checked 3 August 2026

Material limitation: Trading 212 charges 0.15% FX; taxes and exchange or regulatory fees can apply.

Dodl£12.00£0.00£0.00£0.00£12.00Complete for selected modeled categories · current
Calculation details for Dodl

Account · £12.00

0.15% × 500000 minor-unit portfolio value = 750 minor units after half-up rounding; × 1 per year charge(s) = 1200 minor units. Minimum of 1200 minor units applied at the charge boundary.

The annualized £12 minimum assumes the £1 monthly minimum applies for 12 months.

Dodl charges: official source
Checked 3 August 2026

Share/ETF trading · £0.00

Explicit zero-fee rule

Dodl charges: official source
Checked 3 August 2026

Material limitation: Investments have their own fund charges; Dodl is available through its iOS and Android apps.

Incomplete or unknown results

These results are not placed in the ordered table and their partial totals must not be compared with complete calculations.

AJ Bell

Material calculation gap. account: Unknown fee; excluded from calculable total. share-trade: Unknown fee; excluded from calculable total.

Inspect available lines

Account · Excluded

Fee amount is unknown

Share caps and fund tiers vary by account and holding type; v1 does not collect the holding allocation.

Unknown fee; excluded from calculable total.

AJ Bell charges: official source
Checked 3 August 2026

Share/ETF trading · Excluded

Fee amount is unknown

Frequent-dealing and regular-investing conditions require activity details v1 does not collect.

Unknown fee; excluded from calculable total.

AJ Bell charges: official source
Checked 3 August 2026

Material limitation: Frequent share dealing falls to £3.50; FX, fund costs, taxes and levies can also apply.

Freetrade

Material calculation gap. account: Unknown fee; excluded from calculable total.

Inspect available lines

Account · Excluded

Fee amount is unknown

Basic GIA is modeled at £0; ISA, SIPP and paid-plan charges are not fully modeled.

Unknown fee; excluded from calculable total.

Freetrade plans and charges: official source
Checked 3 August 2026

Share/ETF trading · £0.00

Explicit zero-fee rule

Freetrade plans and charges: official source
Checked 3 August 2026

Material limitation: Basic charges 0.99% FX on non-GBP trades; paid plans reduce the FX rate.

Hargreaves Lansdown

Material calculation gap. account: Unknown fee; excluded from calculable total. share-trade: Unknown fee; excluded from calculable total.

Inspect available lines

Account · Excluded

Fee amount is unknown

Fund rates and share-holding caps differ by account and holding type; v1 does not collect the allocation.

Unknown fee; excluded from calculable total.

Hargreaves Lansdown fee changes: official source
Checked 3 August 2026

Share/ETF trading · Excluded

Fee amount is unknown

The applicable dealing rate depends on prior activity not fully captured in v1.

Unknown fee; excluded from calculable total.

Hargreaves Lansdown fee changes: official source
Checked 3 August 2026

Material limitation: Frequent share dealing can cost £3.95; overseas trades also carry FX charges.

Interactive Investor

Material calculation gap. account: Unknown fee; excluded from calculable total.

Inspect available lines

Account · Excluded

Fee amount is unknown

Core, Plus and SIPP account charges require account- and portfolio-specific branches not yet modeled.

Unknown fee; excluded from calculable total.

Interactive Investor charges: official source
Checked 3 August 2026

Share/ETF trading · £47.88

399 minor units × 12 per trade charge(s) = 4788 minor units.

Core plan UK or US share, ETF or fund trade.

Interactive Investor charges: official source
Checked 3 August 2026

Material limitation: Higher-value portfolios move to Plus at £14.99 per month; FX and international dealing cost extra.

Saxo

Material calculation gap. account: Unknown fee; excluded from calculable total. share-trade: Unknown fee; excluded from calculable total.

Inspect available lines

Account · Excluded

Fee amount is unknown

Custody fee varies by investment and account tier.

Unknown fee; excluded from calculable total.

Saxo UK pricing overview: official source
Checked 3 August 2026

Share/ETF trading · Excluded

Fee amount is unknown

Published minimums and account tiers cannot be evaluated from the v1 scenario inputs.

Unknown fee; excluded from calculable total.

Saxo UK pricing overview: official source
Checked 3 August 2026

Material limitation: Mutual funds have £0 commission; custody and currency conversion charges can apply.

Vanguard Investor

Eligibility unknown. account: Unknown fee; excluded from calculable total.

Inspect available lines

Account · Excluded

Fee amount is unknown

£4 monthly below £32,000; 0.15% above, capped at £375 per year.

Unknown fee; excluded from calculable total.

Vanguard Investor UK fees: official source
Checked 3 August 2026

Material limitation: Fund costs range from 0.06% to 0.79%; optional live ETF dealing costs £7.50.

Why 1 covered broker is ineligible
  • InvestEngine: The official product scope explicitly excludes this investment type.

Modeled fee categories: Account, Share/ETF trading.

Why the modeled charges differ

The same monthly purchase pattern can produce different modeled charges when a provider uses a percentage account fee, a minimum account fee, or a dealing charge.

  • account lines: The account-charge line shows whether the modeled £5,000 average portfolio triggers a percentage charge or published minimum.
  • share/ETF trading lines: The share/ETF trading line applies the published rule to 12 purchases, so a fixed dealing charge repeats once per month.

Change these assumptions

Open the calculator with this exact country, account, investment, portfolio, monthly activity, FX, transfer, and 12-month setup already filled in.

Change this scenario in the calculator

Compare the first 3 comparable covered brokers across normalized facts.

Commission-free trading costs guide · Flat versus percentage platform fees guide

Methodology and official sources

The snapshot uses the shared fee evaluator, not numbers embedded in editorial copy. Read the methodology or inspect the complete source ledger.

  1. AJ Bell charges: official sourceChecked 3 August 2026
  2. Dodl charges: official sourceChecked 3 August 2026
  3. Freetrade plans and charges: official sourceChecked 3 August 2026
  4. Hargreaves Lansdown fee changes: official sourceChecked 3 August 2026
  5. Interactive Investor charges: official sourceChecked 3 August 2026
  6. InvestEngine costs: official sourceChecked 3 August 2026
  7. Lightyear UK pricing: official sourceChecked 3 August 2026
  8. Saxo UK pricing overview: official sourceChecked 3 August 2026
  9. Trading 212 Invest, ISA and SIPP fees: official sourceChecked 3 August 2026
  10. Vanguard Investor UK fees: official sourceChecked 3 August 2026