Is Quilter Invest good for investing?
Written by Boring Money
4 Mar, 2026
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.
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.
*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?
OFFER: No commissions, No subscriptions
Open and fund an investing account by 31st May to get 40% off our platform fees.
£0 subscription fee (usually £2p/m), and 0.15% annual platform fee (usually 0.25%). Use promo code NEWYEAR26.
Remember, when investing your capital is at risk. Terms apply. Other fees may apply.
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.
What can I invest in with Quilter Invest?
Quilter Invest customers can choose from:
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: No commissions, No subscriptions
Open and fund an investing account by 31st May to get 40% off our platform fees.
£0 subscription fee (usually £2p/m), and 0.15% annual platform fee (usually 0.25%). Use promo code NEWYEAR26.
Remember, when investing your capital is at risk. Terms apply. Other fees may apply.
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).
See how much it would cost you
Use the handy calculator below to calculate the cost of an account. Just select which type of account you want to use, type in the amount you want to invest and - hey presto! - our calculator will give you an estimate of how much it costs. Please note estimated fees are calculated excluding promotional offers.
Step 1. Select account type.
Step 2. Enter the amount you are looking to invest.
Estimated fees:
£26.50
+ Investment fees
Cost shown is the administration fee only. There may be additional third-party investment or fund fees, which depend entirely on what you pick. Expect these to add about 0.25% to 1% a year to the total cost.
The boring disclaimer bit
This is a free resource for our readers. We’ve tried really hard to ensure that these calculations are correct and can promise you there’s no monkey business or favouritism going on. But please don’t rely on these calculations without double checking yourself. If you do think you have seen an error please contact community@boringmoney.co.uk and help us to make this better. More information on the assumptions we've used to calculate these investment fees can be found here.
Customer reviews
Your opinion matters!
Leave a review for Freetrade
06 January 2022
fast and easy
06 January 2022
The Team at Wombat has gone beyond their capabilities to produce a top-notch investing app with a great incentive to personify a user's personal growth through long-term investing via the Themed Funds specially curated to make investing easy.
06 January 2022
Best app you could get as a beginner. Wombat makes investing seems less intimidating and more fun
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.
All information in this review correct as at 23/01/2026.
