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• IWeb is a fairly affordable share dealing platform that offers a flat £5 commission for every trade.
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Considering that Halifax charges £12.50 per trade, this is an enormous discount that can benefit active investors. Once your account is opened, iWeb charges a £5 commission for buying and selling assets. A SIPP account doesn’t entail an initial fee, but you will instead be charged a flat quarterly fee for your account. Notably, we found that this broker does not offer the same ready-made portfolios that you can access through Halifax or Lloyds. There are more than 2,000 mutual funds in total available though this broker, which you can sort by provider and by Morningstar rating. There are no depository receipts available on iWeb, so your only option for exposure to these markets is to invest in a fund that contains international shares.

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In addition, iWeb does not offer any opinions or recommendations about what funds or shares the company’s analysts are watching on any given day. Our iWeb share dealing review found that the main features of the iWeb trading platform are the Shares and Funds Centres. Our iWeb review found that the platform stands out most for the low fees and commissions it charges when you buy shares. More than 575 ETFs (exchange-traded funds) and more than 250 investment trusts are available as well.

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