IWeb
Iweb is a UK based stockbroker operated by Halifax Share dealing. IWeb has been operating since 1997 and was originally set up to bolster the flotation of the Halifax Building Society
Investing and pensions
Ranked 2nd of 27 providers reviewed.
| Customer happiness score | 67.8% |
|---|---|
| Customer trust score | 70% |
| Complaints performance | 73.27% |
| Transparency rating | 80.17% |
| Fairer Finance score Reviewed Autumn 2023 |
73% |
Investing and pensions
Fund and Share Accounts (for high frequency trading)
| Account closure fee | £0.00 |
|---|---|
| Charge for transferring investments to another platform i | |
| Charge for automatic reinvestment | 2% (max £5) |
| Charge for transferring cash to another platform | £0.00 |
| Early Account Closure Fee (12 months or less) | £0.00 |
| Inactivity Charge | £0.00 |
| Charge for selling holdings if not enough money in account to pay other charges | £10.00 |
| Charge for telephone/postal share dealing | |
| Same Day Payment Charge | £25.00 |
| Cost of receiving paper statements for a year | £50.00 |
| App available i |
Fund and Share Accounts (for low frequency trading)
IWeb
IWeb Share Dealing Account
| Account closure fee | £0.00 |
|---|---|
| Charge for transferring investments to another platform i | |
| Charge for automatic reinvestment | 2% (max £5) |
| Charge for transferring cash to another platform | £0.00 |
| Early Account Closure Fee (12 months or less) | £0.00 |
| Inactivity Charge | £0.00 |
| Charge for selling holdings if not enough money in account to pay other charges | £10.00 |
| Charge for telephone/postal share dealing | |
| Same Day Payment Charge | £25.00 |
| Cost of receiving paper statements for a year | £50.00 |
| App available i |
Income Drawdown products (self-invested)
IWeb
SIPP
| Annual cost of regular payments (drawdown) | £180.00 |
|---|---|
| Fee for setting up drawdown | £0.00 |
| Charge for taking whole pot under triviality rules | £90.00 |
| Account closure fee | £0.00 |
| Charge for transferring cash to another platform | £0.00 |
| Charge for transferring investments to another platform i | £0.00 |
| Charge for automatic reinvestment | 2% (max £5) |
| Charge for withdrawing your tax-free lump sum | £90.00 |
| Cost of adding funds to drawdown, or reviewing flexi-access drawdown (not capped) | £90.00 |
| Charge for purchasing an annuity | £90.00 |
| Charge for telephone/postal share dealing | |
| Same Day Payment Charge | £30.00 |
| Cost of receiving paper statements for a year | £50.00 |
Ready-made Personal Pensions
IWeb
IWeb SIPP Start-Up Fund
| Cost (Year 1) i | £683.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £0.00 |
| Does the provider have a mobile app? | |
| Charge for selling holdings if not enough money in account for charges | £0.00 |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £25.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | £50.00 |
| Charge for transferring cash to another platform i | £0.00 |
Self-invested Personal Pensions (SIPPs)
IWeb
SIPP
| Account closure fee | £0.00 |
|---|---|
| Charge for transferring investments to another platform i | £0.00 |
| Charge for automatic reinvestment | 2% (max £5) |
| Charge for transferring cash to another platform i | £0.00 |
| Early Account Closure Fee (12 months or less) | £0.00 |
| Charge for selling holdings if not enough money in account to pay other charges | £10.00 |
| Charge for telephone/postal share dealing | |
| Cost of receiving paper statements for a year | £50.00 |
| Charge for writing to a third party to confirm the value of the account (Including probate valuations) | £0.00 |
Stocks and Shares ISAs (self-invested)
IWeb
Self Select Stocks & Shares ISA
| Account closure fee | £0.00 |
|---|---|
| Charge for transferring investments to another platform i | £0.00 |
| Charge for automatic reinvestment | 2% (max £5) |
| Charge for transferring cash to another platform | £0.00 |
| Inactivity Charge | £0.00 |
| Charge for telephone/postal share dealing | |
| Charge for selling holdings if not enough money in account to pay other charges | £10.00 |
| Repairing or voiding an ISA, when required under HMRC rules | £25.00 |
| Same Day Payment Charge | £25.00 |
| Cost of receiving paper statements for a year | £50.00 |