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It is a go-to solution for both beginner and veteran investors who seek convenience and control over their investments. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. SIPP accounts are charged a quarterly fee of £22.50 or £45, depending on your account balance. IWeb, as part of Lloyds, is under the regulation of the UK’s Financial Conduct iw bet Authority and is subject to all standard UK investment regulations.
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In addition, this broker offers only the bare minimum of fundamental data and a less than stellar technical charting interface. There is no iWeb app, which is a huge blow considering that most investors are monitoring shares and placing trades from their smartphones and tablets. This insures your account for up to £85,000 in the event that the company becomes insolvent, although this is unlikely to happen. Another important thing to keep in mind is that every iWeb share dealing account is backed by the UK’s Financial Services Compensation Scheme.
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