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Antonia's View:

The Verdict

Those happy with a general investment account will find good value here, however ISA and pension investors with a small starting pot will find the flat fee structure very expensive while investors with some investment knowledge would be better served at a platform like Trading 212 where they will benefit from a greater selection of assets and a more favourable pricing structure.

2% interest on cash balances doesn’t compete with Trading 212 who offer 5.2%

New investors will enjoy the simplicity of the platform whilst still accessing a decent number of assets.
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quote

Pros

  • Very easy to use
  • Low cost for a general investment account
  • Partnership with Finimize in the Learning Hub
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Cons

  • Very expensive for small investment pots for ISA and SIPP
  • Fairly limited selection of assets
  • 0.5% FX on the general investment account
  • No fully managed portfolios for new investors
  • Verdict3.0
  • Fees2.5
  • Trading Platform4.5
  • Research3
  • Safety5
  • Education3.5
  • Customer Service
  • Portfolio View
  • Promotions

Antonia's View:

Who do I recommend it for?

arrow-down-orangeRead more
quote

Pros

  • Very easy to use
  • Low cost for a general investment account
  • Partnership with Finimize in the Learning Hub
quote

Cons

  • Very expensive for small investment pots for ISA and SIPP
  • Fairly limited selection of assets
  • 0.5% FX on the general investment account
  • No fully managed portfolios for new investors
  • arrowVerdict
    3.0
  • arrow Fees:
    2.5
  • arrowTrading Platform:
    4.5
  • arrowResearch:
    3
  • arrowSafety:
    5
  • arrowEducation:
    3.5
  • arrowCustomer Service:
    0
  • arrowPortfolio View
  • arrowPromotions

update-icon

Updates

18.06.24 Review published

Who do I recommend CMC Invest for?


This is difficult to recommend to anyone. If there are beginners out there who already have a decent sized investment pot and want something very simple, then this would fit the bill. But small pots are going to get penalised by that flat fee structure in order to access the ISA or SIPP.

Intermediate investors would be best going to a platform like Trading 212 where they will find a lot more assets to choose from as well as a better pricing structure and a much better interest rate on uninvested cash.

Experienced investors will struggle with the lack of choice here as well as the limited research tools.

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