interactive investor will cut its trading fees by a third from September 2023, marking the fourth such move over the past five years.
The platform explained it will introduce a trading fee of £3.99 for funds, ETFs, investment trusts and UK/US trades. interactive investor calls for UK firms to improve shareholder communications This is the fourth cut to trading fees ii has made in the last five years, from £10 per trade in 2018, to £7.99 in 2019 and £5.99 in 2020 - a 65% decrease over the period. International (ex US) trades will also be reduced by 50% to £9.99 across lower cost and core price plans, while Super Investor plan customers will continue to pay the reduced fee of £5.99. Subscription plans will mostl...
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