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The Share Centre investment platform review

In our review, we analyse the charges levied by The Share Centre fund supermarket, suggesting which areas provide good value for money and which appear expensive.

In this article
What is the Share Centre? Is the Share Centre any good? What are the Share Centre's charges?
The Share Centre's customer views Get top money-saving tips from Which?

What is the Share Centre?

The Share Centre has been offering stockbroking services to DIY investors since the early 1990s.

Now offering a full range of investment options including funds, The Share Centre has more than 265,000 accounts under its administration.

Is the Share Centre any good?

Which? members can exclusively read the the results of our unique customer satisfaction survey, which reveals how customers rate The Share Centre fund supermarket for seven different elements of its service.

Members can log in to read our analysis. If you're not already a Which? member, you can take a one month trial to Which? Money for £1 to get instant access to all our reviews and results.

Aspect of service Star rating
Customer service Logged out padlock
Efficient administration Logged out padlock
Online functionality Logged out padlock
Online tools and guidance Logged out padlock
Information about investments Logged out padlock
Clarity of charges Logged out padlock
Value for money Logged out padlock

What are the Share Centre's charges?

  • Fixed fees per account, starting with £57.60 a year for a stocks and shares Isa
  • 1% with a minimum of £7.50 per trade online for shares and investment trusts
  • 1% with a minimum of £7.50 per trade online for unit trust and open-ended investment company funds

Who is the Share Centre good for?

Relatively low fixed fees for stocks and shares Isas and general investment accounts - £57.60 and £21.60 a year respectively - make The Share Centre compelling value for those with larger sums in these accounts.  

Who is the Share Centre expensive for?

Those with smaller portfolios are likely to be better off with a fund supermarket that charges a low percentage fee.

The Share Centre also charges £172.80 a year for its self invested personal pension (Sipp) making it expensive compared with its fixed-fee rival Interactive Investor, which charges £96 a year for the same account.

Read our comparison of investment platform charges to see how much investing with The Share Centre costs for a range of portfolios.

And if you're thinking of using The Share Centre to take an income from your pension in a drawdown plan, read our comparison of pension drawdown charges. 

The Share Centre's customer views

'It's easily contactable if required but most of my dealings are online. It's an easy site to work with and clear information is always available.'

'Excellent communication and useful online information. The only think I wish they offered is a tool to analyse my portfolio by sector.'

'Very efficient. Excellent customer service with no lengthy wait on phone lines.'

'They're not as good value now since their prices increased.'

'Very straightforward website, good information on possible investment opportunities and moderate to good value charges.'

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