In this video, we compare the costs of two of the cheapest platforms: Vanguard and IWeb. IWeb’s annual fee is zero, but it has a setup fee and charges for trades whereas Vanguard charges 0.15% of the amount you invest capped at £375 per year, has no setup fee and you can trade for free. It turns out that the cheapest platform depends on how much you invest and how much you trade.
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