Accounts & headline costs
Sections ↑InvestEngine is a UK ETF-only platform. Its DIY service removes platform and dealing charges, while Managed and LifePlan portfolios add a 0.25% annual management fee. The absence of an explicit dealing fee does not remove ETF ongoing charges, bid–ask spreads or the opportunity cost of cash that earns no interest for the client.[1][2][3]
Broker essentials01
InvestEngine at a glance
| Measure | Value | Context |
|---|---|---|
| Investment firm | InvestEngine (UK) Limited | FCA firm reference 801128.Source 6Source 7 |
| Investment universe | Exchange-traded funds | No individual shares, leveraged ETFs or short ETFs in the documented service.Source 3 |
| DIY platform/dealing fee | £0 | Underlying ETF costs and market spreads remain.Source 1Source 2 |
| Managed and LifePlan fee | 0.25% a year | Calculated daily and collected monthly.Source 2 |
| Account wrappers | ISA, GIA, SIPP and Business Account | No separate InvestEngine account fee on the cited schedules.Source 1 |
Account comparison02
Portfolio routes
| Route | InvestEngine charge | Who selects the ETFs |
|---|---|---|
| DIY Portfolio | £0 platform and dealing fees | The client builds and maintains the allocationSource 1 |
| Managed Portfolio | 0.25% a year | InvestEngine constructs, monitors and rebalancesSource 2 |
| LifePlan | 0.25% a year | A pre-structured managed route tied to a risk profileSource 2 |
Account comparison03
Account wrappers and ownership
| Account | Main use | Material boundary |
|---|---|---|
| General Investment Account | Taxable ETF portfolio | Tax depends on the investor’s circumstancesSource 1 |
| Stocks and Shares ISA | UK tax wrapper | Annual ISA limits and transfer rules applySource 1 |
| SIPP | Pension ETF portfolio | Pension access and contribution rules applySource 1 |
| Business Account | ETF investing for an eligible company | Separate company onboarding and authority checksSource 1 |
Products & platforms
Sections ↑The product is designed around portfolios rather than real-time single-stock trading. Orders are grouped into scheduled ETF execution, leveraged and short ETFs are excluded, and the platform’s account wrappers serve long-term investing rather than intraday dealing.[3]
Fees & holding costs
Sections ↑Key numbers04
Costs outside the platform fee
| Measure | Value | Context |
|---|---|---|
| DIY ETF ongoing charge | From 0.03% a year | Set by the ETF provider and reflected in fund performance.Source 2Source 3 |
| Managed/LifePlan ETF charge | About 0.12% a year on average | Portfolio-average company estimate, not a fixed fee for every ETF.Source 2 |
| Managed spread estimate | About 0.07%–0.08% a year | Current InvestEngine pages use slightly different estimates and scopes.Source 1Source 2 |
| Uninvested cash interest | Retained by InvestEngine | Clients do not receive the interest earned on cash held in the service.Source 4Source 2 |
Pricing & charges05
Portfolio charges: turning two percentages into pounds
| Assumed unchanged portfolio value: GBP 10,000 | Illustrated annual amount |
|---|---|
| 0.25% management fee, where that service applies | GBP 25Source 2Source 1 |
| 0.12% underlying ETF cost assumption | GBP 12Source 2Source 1 |
| Combined management and fund-cost illustration | GBP 37Source 2Source 1 |
Execution & trading rules
Sections ↑Platforms & products06
Execution and product mechanics
| Feature | Documented approach | Consequence |
|---|---|---|
| Order timing | Portfolio trades are executed in scheduled batches | The service is not designed for live price control or intraday timingSource 3 |
| Portfolio allocation | Percentage weights with fractional ETF units | Small deposits can be spread across several ETFsSource 5 |
| Rebalancing | Available through managed routes and portfolio tools | Trading may occur to restore target weightsSource 2 |
| Complex ETFs | Leveraged and short ETFs excluded | The platform focuses on long-term, unleveraged ETF investingSource 3 |
Deposits, withdrawals & transfers
Sections ↑Key numbers07
Administration and cash treatment
| Measure | Value | Context |
|---|---|---|
| Opening and closing | No InvestEngine charge | The cited schedule says no opening, closing or administration fee.Source 1 |
| Withdrawals | No InvestEngine withdrawal fee | Settlement and bank processing still determine timing.Source 2 |
| Transfers | No InvestEngine transfer fee | The other provider may impose its own terms.Source 2 |
| Managed fee collection | Daily calculation, monthly deduction | A withdrawal or transfer can trigger collection of accrued fees.Source 2 |
InvestEngine’s daily dealing process affects when invested money can reach a bank account. A withdrawal from ETFs involves the next trade cycle, settlement and bank payment; a withdrawal from already uninvested cash skips the sale.[9]
Account comparison08
Withdrawal stages
| Area | Published position | Practical detail |
|---|---|---|
| Request before 2pm UK time on a working day | ETFs are usually sold in that day’s cycle | Later requests normally wait until the next working-day cycle.Source 9 |
| ETF sale settlement | Two working days in the published help guide | Bank payment follows settlement rather than the order request.Source 9 |
| Overall invested withdrawal estimate | Typically 3–4 working days | The guide quotes a further 1–2 working days for the nominated UK bank after settlement; delays remain possible.Source 9 |
| Uninvested cash | Usually within one working day | Only the linked nominated UK bank is used; InvestEngine charges no withdrawal fee.Source 9 |
Account comparison09
ISA transfers out: conditions that matter
| Area | Published position | Practical detail |
|---|---|---|
| Instruction | Start with the receiving ISA provider | If the provider does not specify in-specie transfer, InvestEngine presumes cash transfer.Source 10 |
| Scope | Full holding within the tax-wrapper account | The published process does not support in-specie transfer of only part of an account holding.Source 10 |
| Fractional units | Only whole ETF units transfer in specie | Fractional units are sold and transferred as cash.Source 10 |
| Investment acceptance | Receiving provider must support the ETF | Unsupported ETFs may be sold on the receiving provider’s instruction; check ISIN as well as ticker.Source 10 |
| InvestEngine transfer-out fee | £0 for the ISA transfer | This does not remove trading spreads or another provider’s charges.Source 10 |
Protection & regulation
Sections ↑Key numbers10
Regulation and protection
| Measure | Value | Context |
|---|---|---|
| FCA firm reference | 801128 | InvestEngine (UK) Limited.Source 7 |
| Client assets | Held under custody and segregation arrangements | The provider explains that investments are separated from company money.Source 6 |
| FSCS investment limit | Up to £85,000 for an eligible claim | Does not cover ordinary market loss or poor ETF performance.Source 6Source 8 |
| Advice status | DIY and managed routes differ | DIY investors select ETFs; managed portfolios involve portfolio management under the stated terms.Source 1 |
- Headquarters
- London, United Kingdom
- Founded
- 2019
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
InvestEngine (UK) Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Financial Conduct Authority801128 | Registered | Checked 10 Oct 2026Current FCA firm reference for the UK investment firm.Source 7 |
Opening an account & support
Sections ↑Formal complaints can be emailed to [email protected] or raised through an existing Client Services email conversation. InvestEngine says it acknowledges complaints within three business days. If the matter remains unresolved, it provides a final response within eight weeks or explains the delay and the right to refer to the Financial Ombudsman Service.[11]
Account comparison11
Complaint and account support
| Area | Published position | Practical detail |
|---|---|---|
| Evidence to provide | Account email, dates, transaction details and supporting documents | This identifies the operational issue without treating a market loss as proof of service failure.Source 11 |
| External escalation | Financial Ombudsman Service for eligible complainants | Available after an unsatisfactory final response or the relevant eight-week period; the final response explains referral timing.Source 11 |
| Day-to-day help | App/web support and Help Centre | Withdrawal, ISA-transfer and SIPP-access instructions are separate; the ordinary cash timetable is not a pension-access promise.Source 9Source 10 |
Additional services
Sections ↑Event timeline12
Minimums and automation
| Item | Published minimum | Practical meaning |
|---|---|---|
| Open or fund a portfolio | £100 | Initial portfolio-level minimum described by the help centreSource 5 |
| Allocation to one ETF | £1 | Fractional ETF allocation allows small positionsSource 5 |
| Recurring top-up | £10 | AutoInvest can allocate scheduled contributions across the portfolioSource 5 |
| Withdrawal or transfer fee | £0 from InvestEngine | Other providers or product costs can still applySource 2 |
Sources & further reading
- InvestEngine costs InvestEngine · Accessed 10 Oct 2026
- What fees does InvestEngine charge? InvestEngine Help Centre · 10 Sep 2026 · Accessed 10 Oct 2026
- How much do ETFs cost? InvestEngine Help Centre · Accessed 10 Oct 2026
- How InvestEngine makes money InvestEngine Help Centre · 4 Mar 2026 · Accessed 10 Oct 2026
- Minimum investment and AutoInvest settings InvestEngine Help Centre · Accessed 10 Oct 2026
- How InvestEngine is regulated and protected InvestEngine · Accessed 10 Oct 2026
- InvestEngine (UK) Limited — FCA firm reference 801128 Financial Conduct Authority · Accessed 10 Oct 2026
- Investment protection Financial Services Compensation Scheme · Accessed 10 Oct 2026
- How long withdrawals take: daily cycle, settlement and bank payment InvestEngine · Accessed 15 Oct 2026
- ISA transfer out: full holdings, fractions and receiving-provider instructions InvestEngine · Accessed 15 Oct 2026
- InvestEngine complaint process and FOS escalation InvestEngine · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.