Which account is right for you?
Before you can start choosing investments you need to decide what type of account would suit you best. We offer two accounts suitable for beginners.
Also known as a stocks and shares ISA, it’s essentially a tax-efficient account where you can buy, hold and sell a wide range of investments. You can invest up to £20,000 this tax year – although you don’t have to use the full amount. You’ll protect your returns from Capital Gains Tax (CGT), tax on dividends and income tax.
If you’ve used up your ISA allowance and have more to invest, or you simply don’t want any limits placed on how much you can invest each tax year, then an Investment Account is an option for you.
Of course tax rules, allowances and other reliefs from tax may change and the benefits depend on your own circumstances, which could change over time.
We use simple pricing to help you understand what your investments will cost. We charge a service fee for your account and a transaction fee when you buy or sell an investment. Find out more about pricing.
If your goal is saving for retirement you should be thinking about the best pension for you. You might already have a workplace pension or you may be looking for another option. Pensions are complex so you might need to take advice. Find out more about pensions.
Move on to step five below
Or if you're ready