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Compare Investment ISAs /

Compare Self Select ISAs

Pick the best self select ISA to make the most of your tax free allowance this year.

Investment ISAs put your capital at risk & you may get back less than you originally invested

Stocks & Shares ISA

from Nutmeg

Allows ISA Transfers
  • Fund Choice: Nutmeg offer 4 diversified portfolios with ETFs, using technology to keep charges low.
  • Invest From: Min. £500 single

Stocks & Shares ISA

from AJ Bell

Allows ISA Transfers
Regular Savings
  • Fund Choice: Wide range of stocks and shares, over 2,000 funds (unit trusts and OEICs), investment trusts and ETFs. Capital at risk.
  • Invest From: £25 pm

Stocks & Shares ISA

from Interactive Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Access 40,000+ UK, US and international shares on 17 global exchanges. Choose from over 3,000 funds.
  • Invest From: £25 pm

Stocks & Shares ISA

from Hargreaves Lansdown

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 3,000 funds, shares, investment trusts and more to build your portfolio. Capital at risk.
  • Invest From: £25 pm or £100 lump sum

Stocks & Shares ISA

from Best Invest

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Over 2,500 funds, UK shares, investment trusts and ETFs or choose Ready Made & Managed Portfolios
  • Invest From: No minimum

Stocks & Shares ISAs

from Fidelity

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK. With online guidance tools and expert fund ideas to help you choose. Capital at risk
  • Invest From: £25 pm

Stocks & Shares ISA

from Fineco

Allows ISA Transfers
  • Fund Choice: A complete multi-currency platform with low fees. Premium trading without premium prices. Choice of worldwide asset managers.
  • Invest From: £100
See Deal Zero Platform Fees - Until the end of the 2022/23 tax year if you open your ISA by 30 April 2022. 0.25% max when promo ends.

Stocks & Shares ISA

from Wealthify

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have an investment Plan built and managed for you.
  • Invest From: £1

Stocks & Shares ISA

from Shepherds

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in the Shepherds With Profits Fund which offers medium to low risk investing, with the aim of growing your money in a smooth manner over the long term.
  • Invest From: £30 pm

Stocks & Shares ISA

from Moneyfarm

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have it matched to an investment portfolio expertly built and managed.
  • Invest From: £1,500
See Deal Up to £400 for all new users that create an account until the end of April

Stocks & Shares ISA

from InvestEngine

Allows ISA Transfers
Regular Savings
  • Fund Choice: Offering commission-free DIY investing or low-cost, professionally managed income or growth portfolios built for you
  • Invest From: £100

My Choice ISA

from Scottish Friendly

Allows ISA Transfers
Regular Savings
  • Fund Choice: A choice of 10 funds so you can pick those that best suit your needs, whether that is just one, a mixture of all 10 or somewhere in between.
  • Invest From: £10pm

Stocks & Shares ISA

from Beanstalk

Allows ISA Transfers
  • Fund Choice: Choose from two funds: a cash fund that aims to provide returns in line with money market rates and a shares fund that aims to track the performance of global stock markets.
  • Invest From: £10

Stocks & Shares ISA

from Willis Owen

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from a wide range of funds, shares, investment trusts and ETFs. Tax treatment depends on the individual circumstances of each client and may be subject to change in the future.
  • Invest From: £25

Investment ISA

from Barclays Smart Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in over 2,000 funds, plus Exchange Traded Funds, Investment Trusts, Shares and more. 5 Ready-made Investment funds if you’re not sure where to invest. Capital at risk.
  • Invest From: Any amount

What is a Self Select ISA?

A Self Select ISA is a Stocks and Shares ISA account that lets you pick your investments yourself.

They are often referred to as investment supermarket ISAs or investment platform ISAs.

You can hold various types of investments within a Self Select ISA, and it’s up to you to choose your portfolio yourself.

What stocks can I hold in a Self Select ISA?

Here are the top three stocks commonly held in a Self Select share ISA:

1. Shares

Shares represent a portion of a publicly traded company. A company’s share price can rise or fall in value, so the better they do, the more your holding is worth.

Some companies also pay dividends to shareholders each year. The more shares you hold, the more dividends you receive.

2. Managed Funds (OEICs, Unit Trusts and Investment Trusts)

Managed Funds are investment companies that invest in a particular sector or area.

As an investor, your money is pooled together with every other investor and then the whole sum is invested across multiple companies operating in that sector.

The fund managers are investment professionals who decide the best companies to invest in. They also take an annual Ongoing Fund Charge deducted from the performance of the investment.

3. ETFs (Exchange Traded Funds)

ETFs are similar to Managed Funds in that they focus on a specific stock index, sector or geographical area.

However, they don’t have a fund manager who decides on the best companies to invest in. Instead, they invest in the main companies in the index so that the performance of the ETF tracks that of the sector.

For example, a FTSE 100 ETF invests proportionately across all the companies listed in the FTSE 100, meaning the performance is exactly the same.

You don’t get expert fund management, but you pay significantly fewer charges with an ETF investment. They can even outperform fund managers operating in the same sectors, despite the fact that they simply track the same index.

How do I choose what stocks to invest in?

Choosing stocks can be a daunting task due to the sheer number of options and variety available.

Here are some top tips for creating your own ISA:

1. Diversify your portfolio

Investing in Managed Funds and ETFs are a great way to spread your investments across multiple companies in your Self Select Stocks and Shares ISA.

By investing in one fund, your money is split across tens or hundreds of different companies. This means if one of them performs poorly or even goes bust, it won’t have too much of an impact on your overall portfolio.

But don’t stop there. Investing in different funds and ETFs across multiple sectors and areas that you think will perform well will diversify your portfolio further and protect you from swings in specific sectors.

2. Do your research

Before investing in any company, fund or ETF, make sure you completely understand how it works.

For example, ETFs can be leveraged up to five times, meaning the performance of the index or sector is multiplied by five. IF you don’t know this before investing you could be in for a shock if the market goes down.

Additionally, some managed funds include performance charges that only kick in at certain performance thresholds. You need to know all the information before making your decision.

The best place to look is the Key Investor Information Documents (KIIDs) that contain all the vital investment details.

3. Don’t chop and change too much

Remember that the best investment returns come over the long term, so try not to change your Self Select ISA portfolio too often.

If you are buying and selling different investments on a weekly or even daily basis, you might find it difficult to outperform the dealing fees and bid-offer spreads that you’ll be subject to.

What is the best Self Select ISA provider?

Here are our top five considerations for choosing the best Self Select ISA provider for you:

  • What investments are available?
  • What are the annual management charges?
  • What are the ad hoc charges, like dealing fees?
  • How good is their customer service?
  • How good is their app or online platform?

Finding the best Self Select share ISA provider for you depends on how you’re going to use it.

The above factors will vary in importance depending on what investments you hold, your investment strategy and how much help you’ll need.

Oliver Roylance-Smith
Edited by Oliver Roylance-Smith - ISA.co.uk

Frequently Asked Questions

It’s usually free to open a Self Select Stocks and Shares ISA, but you’ll pay ongoing charges on the investments you take out. You can view these in your ISA provider’s terms and conditions.

You should also look out for dealing and other ad hoc charges that may apply to you.

Yes, you can. You can hold as many individual shares in a Self Select share ISA as you want.

Yes. Remember that your shares or funds can go down as well as up in value. You should always understand the risks before you invest in a product.

The annual ISA allowance is £20,000. This is the amount you can contribute to Stocks and Shares ISAs and Cash ISAs combined.

Yes, you can withdraw from a Self Select ISA at any time once you sell your investments.

You can withdraw as much as you want.

Yes, you can. You can transfer a Cash ISA or different Stocks and Shares ISA into your Self Select ISA at any time by completing a transfer form with your new ISA provider.

Make sure you complete the form and don’t just withdraw the money yourself to pay it into your new account, or your money will lose its ISA status and might not be allowed to put it all back in.

The value of your investments can go down, but you are protected by the FSCS if your ISA provider goes into administration.

Self Select Stocks and Shares ISAs are also regulated by the Financial Conduct Authority (FCA).

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.