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Holly MackayFounder and CEO
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    Home • ISAs & Investment Accounts

    Is Quilter Invest good for investing?

    Written by Boring Money

    4 Mar, 2026

    Quilter Invest

    Quilter Invest

    Quilter Invest

    Quilter Invest is an app-based investment platform that charges a flat £2 per month with no additional platform fees or trading commissions. It offers commission-free trading on approximately 30+ themed funds, with Stocks & Shares ISAs, General Investment Accounts, and Junior ISAs available (but no pensions or Lifetime ISAs). Best suited for beginner investors who want a simple, mobile-first experience with curated investment choices and transparent pricing, though it lacks the extensive research tools and investment range offered by more established platforms. At £24 per year regardless of portfolio size, it's particularly competitive for smaller investors.

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    Investment expert's opinion

    Although Quilter is best known for financial advice, this DIY option looks nice and will be a decent choice for those who want to invest and learn, with a helping hand on the way. With decent ready-made options on the shelves, along with funds and shares too, it's a good, strong app for beginners. Would be good to see more video content to support learning and maybe top tips from some of the in-house advisers too. Has improved and is worth a look.

    Holly MackayHolly Mackay
    Holly MackayFounder & CEO, Boring Money

    *This is the view of investment expert Holly Mackay based on her first-hand customer experience as a test account holder. This does not constitute regulated advice. You can read more about Holly's investments here.

    Who is Quilter Invest?

    Quilter Invest, formerly known as NuWealth, is an app-based investment platform founded in 2017. Its core aim is to “revolutionise the way you manage your finances, making investing simple and saving significant”. Quilter Invest's Founder and CEO, Kane Harrison, says the firm is all about “freedom and opportunity, and fresh thinking” and welcomed the rebrand as part of its mission to “build a brighter financial future for ourselves and generations to come”.

    Who is Quilter Invest good for?

    - New investors starting with small regular contributions

    - Those interested in thematic investing (clean energy, technology, healthcare)

    - App-first users who want a mobile-native experience

    - Investors using auto-investment and round-up features

    OFFER: £0 platform fees and £0 trading commission fees

    If you deposit or transfer £30,000 or more into a Stocks and Shares ISA with Quilter Invest, you will qualify for £0 platform fees, £0 subscription fees and £0 trading commission fees indefinitely.

    Use the code QUILTER30K when signing up.

    Pros and cons

    Still not quite sure if Quilter Invest is right for you? We’ve broken down the main pros and cons in the table below. Take a look for a bird’s eye view of the key takeaways.

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    What can I invest in with Quilter Invest?

    Quilter Invest customers can choose from:

    • Circa 40 shares

    • Circa 30 ETFs

    • Quilter MyGoal fund range

    The number of investments on offer is low compared to other investment platforms, however users can get access to thematic investments and popular stocks such as Nvidia, Unilever and Tesla.

    Fractional shares, which allow you to purchase bits of a share without having to buy a full share, are only available within a General Investment Account (GIA).

    Accounts

    Stocks & Shares ISA

    Pension (SIPP)

    General Investment Account (GIA)

    Lifetime ISA

    Junior ISA

    ✔

    X

    ✔

    X

    ✔

    OFFER: £0 platform fees and £0 trading commission fees

    If you deposit or transfer £30,000 or more into a Stocks and Shares ISA with Quilter Invest, you will qualify for £0 platform fees, £0 subscription fees and £0 trading commission fees indefinitely.

    Use the code QUILTER30K when signing up.

    Quilter Invest has a Stocks & Shares ISA, where you can invest up to £20,000 every year, with all investment gains yours to keep tax-free.

    Users can choose to invest in a range of roughly 40 shares, which include well-known companies like Tesla, Apple, and Tesco. There is also the option to select from a list of thematic ETFs provided by some of the world’s largest asset managers including iShares, Invesco and Vanguard. 

    Auto Invest and Round Up features help make investing with Quilter Invest easier and more effective. Round Ups involve linking a bank account to your Quilter Invest account, with the provider rounding up any debit card spending to the nearest £ and then stashing it away in your savings and/or investments.

    Investors can also benefit from the Learning Hub, which provides bitesize articles that are often less than a 5 minute read on a range of topics within the savings and investing world. 

    Quilter Invest also offers a General Investment Account (GIA). There are no tax benefits to this account, but it does give users access to fractional shares and instant deposits.

    Fractional shares are helpful for investors who have a small portfolio or who are interested in buying a bit of a share but don’t want to commit to a whole one. A single share can cost hundreds of dollars for some companies.

    Most investors should consider opting for the Stocks & Shares ISA first to make the most of their tax allowances. However, those who have already maxed out their £20,000 annual allowance and want to invest further with Quilter Invest may find the GIA account suitable.

    Quilter Invest’s GIA comes with the same £1 monthly subscription fee plus a 0.10% platform fee – e.g. £10 per £10,000 – which is charged monthly. Users can also make use of Auto Invest and Round Ups to automate their investments and use the Learning Hub to enrich their investing knowledge.

    Can I open a pension with Quilter Invest?

    There is no SIPP option available currently with Quilter Invest.

    How much does Quilter Invest cost?

    Quilter Invest charges a £2 per month fixed fee, plus an administration charge of 0.25% of your investments. This means that as you have more invested on the platform, the fees become relatively cheaper.

    This transparent pricing structure means:

    • £1,000 invested: £24/year (2.4%)

    • £5,000 invested: £24/year (0.48%)

    • £10,000 invested: £24/year (0.24%)

    • £20,000 invested: £24/year (0.12%)

    There are no additional fees for purchasing shares or ETFs, which is a big incentive compared to many other platforms which tend to charge between £4 - £12 for this service.

    There is a foreign exchange fee of 0.40% which applies when holding foreign shares (e.g. companies from Europe or the US).

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    Customer reviews

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    Glossary

    Not 100% sure you understand something we’ve written in this review?

    Discover jargon-free definitions of the most common words and technical terms used in the world of investing.

    Historically, money invested for more than five years grows more than cash savings. Remember that investments can also fall, so you might not get all of your money back. Tax treatment depends on individual circumstances and may change.

    All information in this review correct as at 23/01/2026.

    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.
    InformationHistorically, money invested for more than five years grows more than cash savings. Remember that investments can also fall, so you might not get all of your money back. Tax treatment depends on individual circumstances and may change.
    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.