D2C platform Strawberry Invest launched

Direct-to-consumer platform Strawberry Invest has launched today, with an annual platform charge of 0.40% on the first £50,000.

A platform charge of 0.35% applies to portfolios valued at between £50,001 and £250,000, and a charge of 0.20% applies to portfolios between £250,001 and £1m. An annual platform charge of 0.10% applies to portfolios valued at more than £1m. A fixed platform admin charge of £10 applies. Share trades cost £12.50 and fund trades are free. Investors will be charged £75 to transfer off the platform but this will not come into effect until the platform has attracted more than 1,000 users. Strawberry Invest managing director James Priday said: "With the right information, accessible ...