Positives

  • Impressive 4.7 out of over 24k reviews on Trustpilot
  • protected through the Financial Services Compensation Scheme (FSCS)
  • operating since 1995

Potential Concerns

  • only available to residents of the United Kingdom, Jersey, Guernsey or the Isle of Man
  • subscription based account with monthly charges. Subscriptions starts at £4.99 per month

What is Interactive Investor?

Interactive Investor is a leading online investment platform in the UK. They provide a wide range of investment services to retail investors. Established in 1995, Interactive Investors’ user-friendly platform enables trading in stocks, funds, bonds, and other financial instruments. With a focus on transparency and low fees, it also provides access to vast research tools, educational resources, and investment analysis to help users make informed decisions.

In 2022, Interactive was acquired by Abrdn, a UK investment company headquartered in Edinburgh.

Is Interactive Investor Safe – The Details

Regulation

Interactive Investor is regulated by the Financial Conduct Authority (FCA).

Protection/Insurances

Clients’ assets are protected through the Financial Services Compensation Scheme (FSCS), safeguarding eligible investments up to £85,000 per person in the event of the firms insolvency.

Investment Risks

Investing carries inherent risks, including market volatility and the potential for loss of capital. Clients should carefully consider the risks associated with different investment products such as stocks, bonds, and funds. Interactive Investor provides tools and resources to help investors make informed decisions and manage their risk exposure effectively.

Interactive Investor provides access to a wide range of assets for trading. These include:

  • Stocks
  • Bonds
  • Funds diversified portfolios.
  • Exchange-Traded Funds (ETFs)
  • Investment Trusts
  • Investment Bonds
  • Commodities
  • Foreign Exchange (Forex
  • Cryptocurrencies

These assets allow investors to diversify their portfolios and pursue various investment strategies through Interactive Investor’s platform.

Company

Interactive Investor was founded in 1995 by Tomas Carruthers with the vision of democratizing investing by providing affordable access to financial markets for individual investors. Initially established as an online trading platform, Interactive Investor aimed to empower retail investors with tools and resources to manage their own investments efficiently.

Security and Personal Data

Interactive Investor prioritizes the security and privacy of its clients’ personal data. Employing advanced encryption methods and robust cybersecurity protocols, it ensures the protection of sensitive information from unauthorized access or breaches.

Resources:

Trustpilot:

https://www.trustpilot.com/review/ii.co.uk

Youtube:

https://www.youtube.com/channel/UCfEPXFAJw9ei7Hu_w09wAPw

Interactive Investor acquired by ABRDN:

https://www.theguardian.com/business/2021/dec/02/abrdn-to-buy-online-platform-interactive-investor-for-15bn

Summary – Is Interactive Investor Legit?

Interactive Investor is a legitimate and reputable financial services company. It is authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, ensuring compliance with strict regulatory standards and providing assurance of its legitimacy.