Your pension in your pocket
Our app makes it easy to keep an eye on your pension and plan for the future.
Compare our charges
We’re constantly reviewing what our competitors charge - so we can keep our own fees as low as possible. Why? Because we believe investing should be accessible, not expensive.
This page shows exactly how we stack up against the biggest names in the industry. And the numbers speak for themselves.
Investments are for the medium to long term, with a minimum of five years recommended. These graph and tables show how an average Scottish Widows Share Dealing Stocks and Shares ISA customer could save between £380 and £861.25 in fees over five years.
What an average ISA customer would pay
Over five years a Scottish Widows Share Dealing Stocks and Shares ISA customer could save up to £861.25 in platform charges.
This data has been taken from competitor websites and is correct as of 28 July 2025. These charges could change in the future.
-
Scottish Widows £425.00
AJ Bell Youinvest £805.00
Interactive Investor £1,019.40
Barclays Smart Investor £1,162.50
Fidelity £1,225.00
Hargreaves Lansdown £1,286.25
Why show this?
With so many pricing models out there, it’s tough to know what you’re really paying. That’s why we’ve laid it out clearly. Our simple graphic shows what our average customer could pay over five years, compared to five major competitors.
Why five years?
Because investing isn’t about quick wins - it’s about long-term growth. Five years is the minimum recommended timeframe to ride out market ups and downs and give your money the best chance to grow.
Why these competitors?
We’ve chosen the five biggest stockbrokers in the UK - because they’re the ones most investors consider. Like us, they offer broad investment access without charging a subscription fee.
Not an ‘average’ investor?
No problem. Everyone’s investment journey is different. Use our full charges list to see exactly what you’d pay based on your own trading habits.
Please remember that the value of investments and the income from them can fall as well as rise, and you may get back less than you invest. If you’re not sure about investing, seek financial advice. There will normally be a charge for that advice. Tax treatment depends on individual circumstances and may be subject to change in the future.
Who is the average Scottish Widows customer?
We’ve crunched the numbers to give you a realistic picture. As of 28 July 2025 we found the following statements to be true of our average Scottish Widows Share Dealing Stocks and Shares ISA customer. Figures are rounded to nearest significant number.
- Holds £40,000 in shares.
- Holds £25,000 in funds.
- Places four UK trades and one fund trade a year.
- Makes one US trade a year (worth £4,000).
Our calculations
This table show what the average Scottish Widows Share Dealing Stocks and Shares ISA customer would pay in fees over five years.
|
Average amount for a Scottish Widows customer |
Calculation |
Total cost |
|---|---|---|
|
Average amount for a Scottish Widows customer 4 UK trades |
Calculation £5 for each trade |
Total cost £20.00 |
|
Average amount for a Scottish Widows customer 1 fund trade |
Calculation £5 for each trade |
Total cost £5.00 |
|
Average amount for a Scottish Widows customer 1 US trade of £4,000 |
Calculation 1.5% FX charge |
Total cost £60.00 |
What would you pay with our competitors?
This table shows breakdown of charges an average Scottish Widows Share Dealing Stocks and Shares ISA customer would pay with five of our competitors:
|
Customer activity |
Scottish Widows |
Hargreaves Lansdown |
Fidelity |
AJ Bell Youinvest |
Barclays Smart Investor |
Interactive Investor |
|---|---|---|---|---|---|---|
|
Customer activity £40,000 held in shares |
Scottish Widows No charge |
Hargreaves Lansdown £45.00 |
Fidelity £90.00 |
AJ Bell Youinvest £42.00 |
Barclays Smart Investor £100.00 |
Interactive Investor No charge |
|
Customer activity £25,000 held in funds |
Scottish Widows No charge |
Hargreaves Lansdown £112.50 |
Fidelity £87.50 |
AJ Bell Youinvest £62.50 |
Barclays Smart Investor £62.50 |
Interactive Investor No charge |
|
Customer activity 4 UK trades |
Scottish Widows £20.00 |
Hargreaves Lansdown £47.80 |
Fidelity £30.00 |
AJ Bell Youinvest £20.00 |
Barclays Smart Investor £24.00 |
Interactive Investor £0.00 |
|
Customer activity 1 fund trade |
Scottish Widows £5.00 |
Hargreaves Lansdown No charge |
Fidelity No charge |
AJ Bell Youinvest £1.50 |
Barclays Smart Investor No charge |
Interactive Investor No charge |
|
Customer activity 1 International trade of £4,000 value |
Scottish Widows £60.00 |
Hargreaves Lansdown £51.95 |
Fidelity £37.50 |
AJ Bell Youinvest £35.00 |
Barclays Smart Investor £46.00 |
Interactive Investor £60.00 |
|
Customer activity Administration charge |
Scottish Widows No charge |
Hargreaves Lansdown No charge |
Fidelity No charge |
AJ Bell Youinvest No charge |
Barclays Smart Investor No charge |
Interactive Investor £143.88 |
|
Customer activity Year 1 cost |
Scottish Widows £85.00 |
Hargreaves Lansdown £257.25 |
Fidelity £245.00 |
AJ Bell Youinvest £161.00 |
Barclays Smart Investor £232.50 |
Interactive Investor £203.88 |
|
Customer activity 5-year cost |
Scottish Widows £425.00 |
Hargreaves Lansdown £1,286.25 |
Fidelity £1,225.00 |
AJ Bell Youinvest £805.00 |
Barclays Smart Investor £1,162.50 |
Interactive Investor £1,019.40 |
Data is from competitor websites and is correct as at 14 March 2025. These could potentially change in the future.
What charges have we included?
Trading commission
Charges for each trade placed. Scottish Widows Share Dealing charges £5 for UK and Fund trades and no commission for International trades.
Foreign exchange charges
When you buy or sell an international stock, the share price is converted into GBP. Most providers adjust the exchange rate by a percentage and keep that as a fee. Scottish Widows Share Dealing charges 1.5% either side of the available exchange rate.
Percentage-based administration charges
Charges incurred based upon a percentage a what a customer holds in their account (e.g. cash or assets such as shares or funds). Scottish Widows Share Dealing does not charge for this.
Ongoing account charges
Account administration charges usually paid monthly or annually to your provider. Scottish Widows Share Dealing does not have any ongoing account charges.
What charges have we excluded?
Stamp Duty
When you buy a UK stock, you’ll pay a form of tax called stamp duty to the Government. Stamp duty is 0.5% of the value of the investments you buy (1% on Irish stocks). You won’t pay any stamp duty on AIM stocks or Exchange Traded Funds.
Fund Manager charges
Fund Managers will charge various fees such as an ongoing charge or transaction fees, and details of these are in the key investor information document for each fund.
PTM Levy
Any trade over £10,000 will incur a levy of £1.50. This amount is paid to the Panel on Takeovers and Mergers (PTM).