InvestEngine
ActiveOverview
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
| Plan | Price | Includes |
|---|---|---|
| DIY Portfolio | Free | No platform fees; ETF provider costs only. |
| Managed Portfolio | 0.25% AUM | Automated 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
| App | Difference |
|---|---|
| Trading 212 | Offers stocks and CFDs alongside ETFs, unlike InvestEngine's ETF-only focus. |
| Vanguard Investor | Lower ETF selection but similar low-cost indexing; no managed portfolios. |
| Nutnut | Robo-advisor with broader asset classes beyond ETFs. |
| Moneybox | Includes 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)
- https://www.which.co.uk/money/investing/investment-platforms-and-fund-supermarkets/best-investment-platforms/investengine-investment-platform-review-aEFwT3Q92JA7
- https://play.google.com/store/apps/details?id=com.investengine.app&hl=en_GB
- https://apps.apple.com/gb/app/investengine-etf-investing/id1394442225?see-all=reviews&platform=iphone
- https://www.youtube.com/watch?v=VGkuQL8tHm8
- https://generationmoney.co.uk/investengine-review/