ii is an excellent choice for DIY investors who want access to a broad range of investments including unit trusts and investment trusts as well as shares and OEICs. Its fixed fee platform and free trades per month make it a great value choice for active investors. Is Interactive Investor Worth It?
The ii app and web platform have been revamped recently which has improved the user experience. Previously the site was slightly more tailored to more advanced investors but since it’s been revamped it is now easier for beginners to use.
Before you can open an account with ii, you’ll need to provide some personal details, including your date of birth and address. You’ll also need to deposit funds into your account, which you can do via bank transfer or debit card payment.
Is Interactive Investor Worth It? Pros and Cons Explored
Once you’ve funded your account, you can start choosing which investments to invest in. ii offers an extensive selection of investments, including both UK and international stocks and shares, as well as fund and exchange-traded funds (ETFs). They also offer pre-made investment portfolios and educational resources to help you become a better investor.
The ii app is easy to use and works well on both mobile and desktop computers. It has a good selection of charts and research tools, although it could benefit from more customisation options like the ability to create your own watchlists and virtual portfolios. Customer support is generally helpful and responsive, but can be busy during peak trading periods.