Overview
Bestinvest is a well-established UK investment platform that has been operating since 1986, making it one of the more experienced players in the online investment space. The platform caters to both beginner and experienced investors, offering a comprehensive range of investment options including ISAs, SIPPs, Junior ISAs, and general investment accounts.
The platform appeals to a wide range of investors with competitive fees, particularly for those investing in funds or US shares, and extensive investment options. Bestinvest is part of the Evelyn Partners group and is regulated by the Financial Conduct Authority (FCA), providing investors with regulatory protection and peace of mind.
The platform distinguishes itself through its combination of low-cost investing, free expert coaching, and sophisticated planning tools, making it suitable for both DIY investors and those seeking guidance.
Key Features
Ready-made Portfolios
Professionally managed investment portfolios
Free Investment Coaching
Access to qualified financial planners
3,000+ Investment Options
Wide selection of funds, shares, and ETFs
Advanced Goal Planning
Sophisticated investment planning tools
The Best™ Funds List
Expert-curated fund recommendations
Spot the Dog
Poor-performing fund identification service
Mobile App
Full-featured iOS and Android applications
Multi-Account Support
ISAs, SIPPs, Junior ISAs, and investment accounts
Pros & Cons
Advantages
- Free US share trading online
- Competitive annual fees with tiering
- Free expert investment coaching
- Extensive fund selection (3,000+)
- Strong mobile app functionality
Limitations
- Limited international market access
- SIPP minimum £10 monthly fee
- Telephone dealing charges £30
- Paper statements cost extra
- Customer service response delays
Security Features
Regulatory Protection
Secure SSL encryption for all transactions
Regular compliance audits
Multi-factor authentication available
Pricing & Fees
| Service | Fee | Details |
|---|---|---|
| Account Opening | Free | No setup costs for any account type |
| Ready-made Portfolios | 0.2% (0-£250k) | Tiers down to 0.1% then free over £1m |
| US Shares Trading | Free online | 0.95% FX fee applies |
| UK Shares Trading | £4.95 per trade | Among the lowest in the market |
| Other Funds/UK Shares | 0.4% (0-£250k) | Tiers down to 0.1% then free over £1m |
| SIPP Minimum | £10/month | Excludes Junior SIPPs |
Getting Started
Detailed Ratings
Final Verdict
Bestinvest offers a compelling combination of competitive fees, comprehensive investment options, and valuable free coaching services. The platform particularly excels for US share investors and those seeking professional guidance without advisory fees.