Holly Mckay
Holly MackayFounder and CEO
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    Home • Compare Providers • Independent Provider Reviews • IWeb

    Is IWeb good for investing?

    Independent review by Boring Money

    IWeb

    IWeb

    IWeb

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    iWeb operates on an unusual pricing model in the UK investment platform market, charging a one-time £100 account opening fee rather than the typical annual percentage-based fee. This review examines how this approach affects different types of investors and analyses the platform's broader service offering.

    While the initial fee structure appears straightforward, investors should consider several factors beyond pure cost, including trading functionality, investment range, and service limitations. Our analysis looks at both the advantages and potential drawbacks of iWeb's approach to online investing.

    Key Findings from Initial Assessment

    Analysis of iWeb's platform reveals a distinct focus on self-directed investors who prioritise cost efficiency over advanced features. The platform's £5 flat dealing commission applies across shares, ETFs, and investment trusts, though the investment range is more limited compared to other platforms.

    • Basic but functional research tools

    • Limited charting capabilities

    • Standard execution times for market orders

    Platform Infrastructure and Stability

    iWeb operates on Halifax's trading infrastructure, which provides established clearing and settlement systems. However, this technical foundation comes with certain limitations in terms of...

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    Boring Money conducts rigorous, year-round testing on IWeb using our live account. Get total access to our research backed views, information on costs, charges and more.

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    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
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