InvestEngine

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Overview

InvestEngine is a UK-based investment platform focused on exchange-traded funds (ETFs), offering DIY portfolios where users select investments and managed portfolios handled by automated allocation. It targets investors seeking low-cost, diversified ETF exposure without stocks or mutual funds, processing orders once daily to minimize fees. The platform stands out for its fee structure, with no charges for DIY investing and a wide ETF selection for diversification by industry, region, and asset type.15

Key Features

  • DIY ETF Portfolios - Users build and manage their own ETF portfolios with no platform fees.
  • Managed Portfolios - Automated ETF allocation with 0.25% annual management fee.
  • Low Fees - No trading, withdrawal, or inactivity fees for DIY accounts.
  • Wide ETF Selection - Access to numerous ETFs for diversification across assets and regions.
  • Detailed Analytics - Tools to view exposure levels and portfolio performance.
  • Stocks & Shares ISA - Tax-advantaged investing wrapper available.
  • Daily Order Processing - Trades executed once per day to reduce costs.

Pricing

PlanPriceIncludes
DIY PortfolioFreeNo platform fees; ETF provider costs only.
Managed Portfolio0.25% AUMAutomated ETF management and rebalancing.

Platforms & Requirements

Available as a web platform and native apps on iOS and Android. No desktop apps for macOS, Windows, or Linux mentioned. Minimum requirements are standard mobile/web browsers; daily trade batching may delay execution from quoted prices.123

Integrations & Ecosystem

  • Stocks & Shares ISA
  • ETFs (various providers)
  • Portfolio analytics tools
  • Tax filing compatibility (e.g., TaxScouts)

Alternatives

AppDifference
Trading 212Offers stocks and CFDs alongside ETFs, unlike InvestEngine's ETF-only focus.
Vanguard InvestorLower ETF selection but similar low-cost indexing; no managed portfolios.
NutnutRobo-advisor with broader asset classes beyond ETFs.
MoneyboxIncludes auto-investing features but higher fees for managed options.

Reputation

InvestEngine is rated highly for low fees (100% score) and value, earning Which? Recommended Provider status for three years and above-average customer satisfaction (76%). Users praise easy-to-use interface, speedy service, and analytics, though criticize limited assets (ETFs only, no stocks) and daily batch trading which may affect prices. It suits passive ETF investors but not those needing direct stock access.13

Sources (5)
  1. https://www.which.co.uk/money/investing/investment-platforms-and-fund-supermarkets/best-investment-platforms/investengine-investment-platform-review-aEFwT3Q92JA7
  2. https://play.google.com/store/apps/details?id=com.investengine.app&hl=en_GB
  3. https://apps.apple.com/gb/app/investengine-etf-investing/id1394442225?see-all=reviews&platform=iphone
  4. https://www.youtube.com/watch?v=VGkuQL8tHm8
  5. https://generationmoney.co.uk/investengine-review/