InvestEngine Stocks and Shares ISA Review 2026: Zero Fee ETF Investing

InvestEngine: ETF-Only, Zero Platform Fee

InvestEngine is a UK ETF investment platform that charges no platform fee on its DIY portfolio option. It does not offer individual stocks -- only ETFs. For passive investors who want to build a portfolio of low-cost index ETFs, this makes it one of the most cost-efficient options in the UK market.

DIY Portfolio: Zero Cost Passive Investing

On InvestEngine's DIY option, you select which ETFs to hold and in what proportions. There is no platform fee and no dealing commission. The only costs are the underlying ETF charges (OCF), which for major index ETFs typically range from 0.03% to 0.20% per year.

For an investor holding Vanguard FTSE All World ETF (VWRP, OCF 0.22%) via InvestEngine's DIY option, the total annual cost is 0.22% -- solely the ETF's own charge. No platform fee on top.

Managed Portfolio: 0.25% for Hands-Off Investing

InvestEngine's managed portfolio option charges 0.25% per year. It allocates your money across a diversified range of ETFs based on your selected risk level, and rebalances automatically. For investors who want a hands-off approach without the complexity of managing their own allocation, 0.25% is competitive against robo-adviser alternatives.

Limitations

InvestEngine only offers ETFs -- not individual stocks or investment funds. There is no SIPP. The platform is relatively new and the investment universe, while growing, is smaller than platforms like Hargreaves Lansdown. The £100 minimum investment is higher than some competitors.

Verdict

InvestEngine is the strongest option for UK investors who want zero-cost ETF investing in an ISA wrapper. If your entire investing philosophy is built around low-cost index ETFs -- and you do not need individual stock access or a pension -- the DIY option is hard to beat on cost. The managed portfolio at 0.25% is also one of the most competitive hands-off investing options in the market.