Investing, Trading, Finance, and Money– rushing all over the markets. How to know what is happening? Well, You know you cannot bring the Ladder and Climb up to reach the Greater heights, You have to Learn and Pursue it. But How? Need a Good Guide? Here you go. Continue reading and Know What is an Interactive Investor as we review it here.
DO NOTE: The Value of the Investment can rise up or even go down. It can also happen that you may get back less than you have invested. So, Be sure before investing and accept trading holds risks.
What is an Interactive Investor?
The Interactive Investor is an Online Investment Service available in the United Kingdom. It Provides you the Financial Information and investment tools, emerging as the Biggest Flat Fee Investment Platform in the UK. But is it Free? No, It is not. The II is a Subscription based Platform, which is low-cost yet Award Winning.
What does it do?
With the best advice and the Direct to Customer Investing and Trading Services. The Interactive Investor Lets you manage the Shares, Funds, SIPPs, ISAs, and more on the financial terms effortlessly. It has the Ready-made portfolios – Selected and Managed.
Quick Start funds, Super 60 Investments, Education, Ace 40 Investments, Standalone Apps, Total Security, and Genuine Information.
Interactive Investor Login -How to do?
To get any help from the Interactive Investor, You will need to log in to the Interactive Investor Platform. Since You are just getting to know about the Service, I might take that you are a New User.
- Firstly, Go to the https://secure.ii.co.uk/.
- Click on the Login tab appearing on the top of the Page.
- In case, You already have an account, You can enter your Email ID and Continue to log in.
- For New Users, Here is How you can do the Interactive Investor Login.
- Below on the Page, Click on the Join us.
Requirements to Login Interactive Investor:
- A Valid Username and Password.
- Must be a Resident of the United Kingdom.
- A Device ( A Smartphone/PC/Laptop/Tablet).
- Reliable Internet Connection.
- Your UK Address.
- Debit Card and National Insurance Number.
- Verify your Identities and Bank Details for SIPP.
- Also, Do not forget to Subscribe to the Plan.
- Select the Type of Investment Service you want and Proceed to Create an Account.
- Enter your Personal Details, Your Tax Information, and Your Employment Details.
- Move to the Next Step, Complete the Verification, and Finally your Interactive Investor ii account is created.
NOTE: There are Different Services offered, Creating an account for General Trading or an ISA or SIPP.So, While Logging in – Make sure to Choose your Desired one.
How much are the Interactive Investor Charges?
A well-managed platform – If you are someone who has a wide investment scope and a Great Mind- Then You are Welcome. Choose the best plans of ii that it offers you – From Low-cost essential Plans to Premium Plans.
The Interactive Investor offers Different Monthly Subscription Plans, You can choose one that feels Perfect for you. Refer to the below picture to learn about the Plans and their charges in detail.
However, the Charges vary according to the service you choose.
- ISA and Trading Charges
- SIPP | Pension Charges.
The Charges will be paid along with the Other Trading fees, Extras, Foreign Exchange, Cash Charges, Tax and Levies, and Other Charges.
You can easily change your Plan whenever you want -Online – Go to your account>Subscription>Billing Page and Pay for the New Plan. There you go.
Also, read What Age Do You Pay Tax?
What is Interactive Investor ISA and Trading?
The Individual Savings Accounts on ii are of many types. Cash ISAs, Stock and Shares ISAs.
- Cash ISAs are usually Regular Cash Saving Accounts and the Interest is tax-free.
- Stocks and Shares ISAs let you invest the money in the stock market and the Profit is Tax-Free.
Get the tax-free savings allowance with the ISA. You can easily invest and grow in all the markets you want. All you need is an Account. So, It is better that you create if you have any idea of getting an ISA, Then Follow the Instructions and Apply for the same.
- Visit www.ii.co.uk/account-opening/isa-account.
- Make sure you read the requirements to sign in to the ISA Account.
- Click on the Next and Then Fill up the details required on the page.
How much are ISA and Trading Account Charges?
The Stocks and Shares ISA and Trading are quite difficult to understand, But Once when you do, It is a cakewalk. So, Does it too require a Subscription? You may ask, So, Yes, it does and here it is.
When you start opening the ISA on Interactive Investor, This is how you will be charged.
- Choose the Investor Essentials Plan, Start with the £4.99 per month. Once your Investments grow more than £50,000, you will be upgraded to the Investor Plan at £11.99 per month.
These Plans are so affordable allowing you to Just invest an amount of £25 each month. This is a Free Regular Investing Service. However, The Other Charges – Stamp and Foreign exchange applies.
Note: The Interactive Investor Plan may change in the Future- Refer to the official site for the Plans.
SIPP Charges on Interactive Investor
One of the Types of Pension is A Self-Invested Personal Pension. You can choose how and where it is invested. Combine the Pensions and get the best Retirement plans. Unlike the other services, In SIPP there are no extra fees for taking out the money from your pension.
Just like the ISA, You will also need to have an account to use the SIPP service on the ii Platform. Open your SIPP with the Pension Essentials Plan which costs £5.99 a month. and when the value goes higher – like £50,000. You are then upgraded to the Pension Builder Plan at £12.99 a month.
Hurry up and Open the SIPP Account now before 31 January and get £100 to £5,000 cashback. (Applicable for New SIPP Customers only).
Use the Interactive Investor App
The Online Investment Service also has an App – Wow! So Convenient, So Safe and So Secure. What else can you ask for? Yes you can actually, How to get it. Uh! So easy, Follow as instructed below;
- First of all, Download the mobile app from the Google Play Store (Android) or Apple App Store(iPhone).
- Sign in using your account credentials.
- Subscribe if you haven’t done it already.
- Manage your accounts regularly.
- Stay Up to date – View Orders and your Accounts and get the Quick Quotes.
- The Personal Data on the app is encrypted with Safety– Use the Fingerprint and Face Recognition.
Read also, How to Get IVA Debt?
Wrap up with the REVIEW
Went through a whole bunch of sentences on What is ii, How does it work, How can you log in and How much is the Charge. Hush! Take a deep breath. Is the Service Legitimate my mate? I guess so, Although, This is no doubt a Fantastic platform for investment Everything has its cons- Let’s finish the discussion.
- Safer Login, Good Trading Education, Customer Support.User Friendly but Limited Portfolio.
- Easy, Fast Deposit But Charting Analytic tools missing.
- Low-Cost Subscription but Every Month Fee- Nah!
- Accepts only UK Residents.
Inspite of all the But that I may have found with the Service, It is no bad to try it once because of its award-winning skills. Come on and try Interactive Investor.
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