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Sometimes called an investment ISA, a stocks and shares ISA is an individual savings account that allows you to invest in shares, unit trusts, investment funds, and bonds. You will not need to pay tax on any income or capital gains earned on investments within an ISA.

A self-invested personal pension (SIPP) is a type of private pension that allows you to control the specific investments that make up your pension fund.

A general investment account (GIA) is an account designed to provide access to investments. You may be liable for tax on any income or capital gains earned within a general investment account but this can be a useful vehicle for anyone who has maxed out their ISA allowance.

Lifetime ISAs (Individual Savings Accounts) (LISAs) are designed to help you save for your first home or retirement and come with an automatic 25% government bonus on all contributions up to the value of £4,000. There are stocks and shares LISAs - where you invest your savings - and cash LISAs - where you earn interest on your savings. You must be between 18 and 40 to open a LISA and all income, capital gains and interest earned within LISAs is tax-free, although these funds can only be used to purchase your first home or for retirement. Ensure you are familiar with the rules surrounding this account before utilising it.

A cash ISA is a type of individual savings account where you can earn tax-free interest on your saved cash.

Junior ISAs (Individual Savings Accounts) (JISAs) are tax-free savings accounts for children under the age of 18. Only a parent can open a JISA but anyone can contribute. You can choose to save for your children through either a cash Junior ISA where you will earn interest on any cash in the account, or a stocks and shares Junior ISA where you will invest your child’s savings on their behalf.

A junior self-invested personal pension (SIPP) is a way of investing money for your child’s future retirement, free from capital gains and dividend tax. As it is designed to be started before a child turns 18, it must be opened by a parent or guardian although anyone can contribute. Once the beneficiary turns 18, they take control of the account, however, the money within the account cannot usually be accessed until age 55 (rising to 57 in 2028 and likely to rise further).

A personal pension is a retirement savings plan that you set up yourself. It's also known as a 'defined contribution' or 'money purchase' pension.

A trust account is a financial account that holds money or other assets for the benefit of a third party, or beneficiary.

A joint investment account is an account that can be held in the names of two people.

A business investment account, also known as a corporate investment account or corporate share dealing account, is an account that a business can use to invest extra funds.

A current account is a bank account that is used for everyday banking transactions, and managing income and spending.

A cash savings account is an account to deposit money and earn interest, usually with the intention of leaving it alone to build up over time. Some accounts, usually called 'easy access' or 'instant access' accounts allow you to withdraw money whenever you want. Cash savings accounts will either have fixed rates of interest, or variable rates that can move up and down over time.

Does this provider offer an account for under-16s? If so, how does it compare to others?

A joint savings account can be opened in more than one name.

A joint current account can be opened in more than one name.

Can you use your account to withdraw and spend money abroad? And if so, is it more expensive or cheaper than competitors?

Does this provider offer a demonstration account (sometimes called a paper account) where you can test your investment strategy with virtual money before committing to the platform with real money?