ISA Costcustody plus dealing, not the headline rate

Interactive Brokers: what the ISA actually costs

Interactive Brokers is not the cheapest at any pot size on this site. That is not a verdict on the platform — only on its published charges against the others', at 12 trades a year.

Shares and etfs

PotA year% of potRank
£1,000£48.004.80%4 of 12
£2,000£48.002.40%4 of 12
£5,000£48.000.96%4 of 12
£10,000£48.000.48%4 of 12
£20,000£48.000.24%4 of 12
£30,000£48.000.16%4 of 12
£50,000£48.000.10%4 of 12
£75,000£48.000.06%4 of 12
£100,000£48.000.05%4 of 12
£150,000£48.000.03%4 of 12
£200,000£48.000.02%4 of 12
£250,000£48.000.02%4 of 12
£500,000£48.000.01%4 of 12

Funds

Interactive Brokers publishes UK fund dealing as 'nil to £4.95' — a range, not a price.

£36 a year is the ISA's £3 minimum monthly activity fee. Dealing is 0.05% subject to a £1.00 minimum, and 0.05% of a £1,000 order is £0.50, so every modelled trade costs the £1.00 minimum.

Every figure assumes 12 trades a year of £1,000 each, inside a stocks and shares ISA. It excludes Stamp duty at 0.5% on UK share purchases, the £1 PTM levy on orders over £10,000, fund manager charges (the OCF), and any foreign-exchange fee — every one of those is charged by someone other than the platform and is the same wherever you hold the money.

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What Interactive Brokers publishes, word for word

Platform fee£0 platform or custody fee; the ISA carries a £3 minimum monthly activity fee
Uk share dealingTiered: 0.05% of trade value, minimum £1.00 per order; Fixed: 0.05%, minimum £3.00
Fund dealingnil to £4.95 for UK funds
Fx fee0.002% of trade value, minimum $2.00 per conversion

Where this platform wins

Charges read 18 August 2026 from Interactive Brokers's own pricing page. By far the cheapest FX in this table — roughly 100x cheaper than the retail apps — which matters more than the platform fee once you hold US shares. The trade-off is a professional-grade interface and a $2 minimum per conversion.

Charges read 19 August 2026 from each platform's own pricing page. Platforms reprice with little notice, and nothing here is advice — it is arithmetic on published charges.