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The Share Centre investment platform review

We analyse the charges levied by The Share Centre and ask whether the fund supermarket provides good value for investors

In this article
What is The Share Centre? What accounts and services does The Share Centre offer? Is The Share Centre good or bad? What do customers say about The Share Centre?
What are The Share Centre's charges? Who is The Share Centre good for? Who is The Share Centre expensive for? 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.

What accounts and services does The Share Centre offer?

The information below gives an at-glance view of the key things that the accounts and services The Share Centre offers. 

Elements marked with a are offered by The Share Centre and those marked with a are not.


General investment account


A general investment account that can hold different types of investments but doesn’t give tax-free benefits like pensions and Isas.


✓ Stocks and shares Isa


A stocks and shares Isa is a tax-free account that allows you to put your money in a range of investments.


Junior Isa


A junior Isa is a tax-free savings account for under 18s.




A Sipp is a pension where you have complete control over the investments you put your savings into.


 Lifetime Isa


A lifetime Isa is a tax-free savings or investment account designed to help people aged 18-39 buy their first home or save for retirement. 


Income drawdown


Income drawdown allows you to take money out of your pension to live on in retirement.


✘ Banking services


Banking services allow you to operate bank accounts, make transfers and make payments.


Savings account


A savings account is somewhere you can put your money so it can grow in value. 


✘ Annuity


An annuity is an insurance product which allows you to swap your pension savings for a guaranteed regular income that will last for the rest of your life. 


 Advisory services


Advisory services allow you to access professional investment advice. 

Is The Share Centre good or bad?

To get an idea of how good or bad The Share Centre is, we asked its customers.  

Which?'s rating for customer satisfaction is based on feedback from real customers. The score is made up of a customer's overall satisfaction with the brand, and how likely they are to recommend that brand.

Which? members can exclusively read the results of our unique customer satisfaction survey.

Members can log in to see our review of The Share Centre. If you're not already a member, you can sign up to a one month trial for Which? Money for just £1 to access this review and thousands of others.

Aspect of service Star rating
Online tools

3 out of 5

Customer service

3 out of 5

Investment information

3 out of 5

Investment options

4 out of 5

Value for money

3 out of 5

What do customers say about The Share Centre?

  • 'I have used The Share Centre for a number of years and have moved several holdings to them apart from the complete switch from Charles Stanley. They have also modified their website but there have been no problems unlike Selftrade. Whenever I need assistance they have been very helpful.'
  • 'I have held a number of accounts with The Share Centre for a considerable no of years and always been pleased with the service, cost and when speaking to them by phone.  In all I manage 11 accounts with them including Sipps.'

Check out our guide on the best and worst investment platforms to see how The Share Centre compared with AJ Bell, Hargreaves Lansdown and other investment platforms.

What are The Share Centre's charges?

Annual charges

  • £24 for general investment account (£2/month)
  • £60 for stocks and shares Isa (£5/month)
  • £180 for Sipp (£15/month)
  • £18 for DIY Junior Isa

Trading charges

  • £7.50 per deal for trades less than £750, 1% for £750 and above
  • £25 fee to transfer out 

We’ve estimated the cost of investing various sums in investment platforms over the course of a year in the table below. The costs assume you only buy funds (shares work out slightly cheaper with some companies), and make four purchases and four sales each year.

Amount invested Annual cost
£100 a month £70
£5,000 £118
£10,000 £138
£25,000 £218
£50,000 £218
£100,000 £218
£250,000 £218
£500,000 £218

Source: Analysis by Which? Money correct as of April 2019

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

Who is The Share Centre good for?

Fixed fees make The Share Centre more suitable for investors with medium-to-large portfolios (over £50,000).

If that's you, however, you may wish to look at more highly-rated (and cheaper) fixed fee brokers such as Halifax Share Dealing and Interactive Investor.

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, such as Which? Recommended Providers AJ Bell Youinvest and Vanguard.

In our cost-comparison, The Share Centre was never the cheapest option for any size of portfolio.

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