Best platforms for funds and investment trusts

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Fund investors are charged differently from share investors. Dealing commission barely matters — most platforms deal funds free — and the platform's percentage charge, levied on everything you hold, becomes the number that compounds against you.

That makes this the category where the flat-fee model earns its keep. Below roughly £30,000 a percentage charge is usually cheaper; above it, a fixed monthly fee wins, and keeps winning as the pot grows.

Our ranking

  1. 1. AJ Bell

    The full-service fund platform at a lower percentage charge than its closest rival. The default pick here.

    Platform fee 0.25% · UK dealing £5 · FX 0.75%

  2. 2. Hargreaves Lansdown

    The widest fund range in the UK, and the charge reflects it. Worth it if range is the deciding factor.

    Platform fee 0.35% · UK dealing £6.95 · FX 0.99%

  3. 3. interactive investor (ii)

    A flat monthly fee instead of a percentage — cheapest of these once the pot is big enough.

    Platform fee £5.99/mo · UK dealing £3.99 · FX 0.75%

  4. 4. Fidelity UK

    A large fund range with free fund dealing, at a percentage charge.

    Platform fee £7.5/mo + 0.35% · UK dealing £7.5 · FX 0.75%

  5. 5. Vanguard UK

    Vanguard's own funds only. The cheapest way to hold them, and no use for anything else.

    Platform fee £4/mo + 0.15% · UK dealing Free · FX —

What to look for

Compare every UK platform