D2C platform Strawberry Invest launched

clock • 1 min read

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 ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Platforms

DIY investment market hits £392bn as top five platforms remain dominant

DIY investment market hits £392bn as top five platforms remain dominant

Hargreaves Lansdown market share slips

James Baxter-Derrington
clock 26 February 2024 • 1 min read
Hargreaves Lansdown profits drop 8% as platform ramps up technology spend

Hargreaves Lansdown profits drop 8% as platform ramps up technology spend

Net new business slows to £1bn

Valeria Martinez
clock 22 February 2024 • 2 min read
Retail access to crypto ETFs to face Consumer Duty hurdles even if 'unlikely' UK approval granted

Retail access to crypto ETFs to face Consumer Duty hurdles even if 'unlikely' UK approval granted

Platform concerns over investor protections

Valeria Martinez
clock 17 January 2024 • 3 min read
Trustpilot