The Interactive Brokers ISA (IBKR ISA) seems to be a solid option if you seek an easy and inexpensive way to trade in stocks, funds, and other assets through a tax-free investment wrapper. There have been some tweaks as we progress through 2025 which we will cover shortly. This guide brings you updated facts, pricing, and features so that you can determine if it is the right ISA for you.
What is the Interactive Brokers ISA?
IBKR ISA is a Stocks and Shares ISA offered by Interactive Brokers, one of the leading low-cost brokerage firms frequently used by day traders and long-term investors alike. It enables UK residents to invest up to £20,000 per annum (2024/2025 allowance) without worrying about capital gains or dividend taxes.
Interactive Brokers unlike some UK-focused platforms allows its users access to global markets including but not limited to US and European stocks, Asian stocks, ETFs, and bonds. This feature makes it an excellent option for investors looking for diversification beyond the UK.
2025 Update: What is New?
Below is the summary of the recent updates:
| Update | Details |
|---|---|
| Lower Fees for Small Portfolios | The monthly minimum fee has been reduced for accounts under £100,000. |
| Expanded Fund Selection | More UK and international funds added, including sustainable and thematic ETFs. |
| Improved Mobile App Features | Better ISA-specific tracking for contributions and performance monitoring. |
| Faster Withdrawals & Transfers | ISA transfers now take 3-5 working days (previously 7+). |
Key Features & Benefits
| Feature | Benefit |
|---|---|
| Low-Cost Trading | Competitive commissions, especially for frequent traders. |
| Global Market Access | Trade US stocks, European ETFs, and more with ease. |
| Advanced Tools | Useful for both beginners and experienced investors. |
| Tax Efficiency | No capital gains or dividend tax within the ISA. |
Fees & Charges in 2025
When trading bigger volumes, Interactive Brokers uses a tiered pricing model, meaning fees decrease as trade sizes increase. Here’s a breakdown of the costs:
| Fee Type | Cost |
|---|---|
| UK Stocks & ETFs | From £1 per trade. |
| US Stocks | 0.005pershare(min0.005pershare(min1). |
| ISA Maintenance Fee | £3/month (waived if commissions exceed £3 in that month). |
| Currency Conversion | 0.002% (min £2) for converting GBP to USD or EUR. |
IBKR ISA Best For?
| Investor Type | Why It’s a Good Fit |
|---|---|
| Active Traders | Low commissions make frequent trading cost-effective. |
| Global Investors | Access to US, European, and Asian markets. |
| Tech-Savvy Users | Advanced tools for research and execution. |
How to Open an Interactive Brokers ISA
| Step | Action Required |
|---|---|
| 1. Sign Up | Register on the IBKR website. |
| 2. Verify Identity | Provide a UK address & passport/driving licence. |
| 3. Fund Your Account | Transfer money via bank transfer. |
| 4. Start Investing | Buy stocks, ETFs, or other assets. |
Transfers from existing ISAs are also supported.
Is It Worth It In 2025?
For global investors who are cost mindful, the Interactive Brokers ISA is still an excellent choice. It remains a strong contender with lower fees for smaller portfolios and faster transfers, as well as improved app functionalities—especially if you trade often, are interested in international markets, or just want to unlock your full trading potential.
But if you only invest in UK funds, or prefer a more straightforward user interface, then AJ Bell or Fidelity would likely be better for you.
For a detailed breakdown of this year’s top investment platforms, read our Best Stocks & Shares ISAs in 2025 – Top Platforms Compared, Cash ISAs Overview and The Best Accounts and Rates and Lifetime ISA (LISA): Buy Your First Home or for Retirement– we analyze fees, investment options, and exclusive features to help you choose the perfect tax-efficient account for your portfolio.
