Undoubtedly, getting rich is the want of every sensible person in this modern era, but the question is, which platform should you use for investing your sum? The answer lies in Invest Engine, which claims to be smarter, cheaper, and safer than its peers.
In this article, I will fulfill your want for information and help you decide the right option for your investment.
So, let’s proceed and know it all.
What is Invest Engine?
Basically, Invest Engine is an investment platform launched in 2019. It invests your money in completely managed and well-organized portfolios. Moreover, this medium has breathed new life into the realm of investment through its two different approaches. They are:
- Managed Portfolios
- DIY portfolios.
It gives independence to its investors, whether they are willing to create their own investment portfolio or prefer someone else to manage the ups and downs of their investment on their behalf. But the fact is that both options come with a high price.
Managed Portfolio
As the name clarifies, it is a portfolio that the company manages on your behalf. Invest Engine arranges ready-made accounts for you in return for some cost if we talk about managed portfolios. No doubt, your portfolio is based on your audacity to take risks. These portfolios are called Robo-advisors, and they handle all of your investments.
DIY Portfolio
A DIY portfolio is handled by yourself. It can grip your investment more effectively. It allows you to choose which ETFs you are interested in investing in. Once you have chosen a fund for your investment, you can also select how they are going to be weighted. It means that your portfolio will be constantly balanced in case of market ups and downs.
So, there is a discussion ahead of why Invest Engine is the best investment choice. Let’s talk about it.

No Cost for Invest Engine
Generally, no one can beat Invest Engine whenever we talk about the cost because it’s a highly cheap and low-cost investment platform. Nothing is free in this expensive world, but a DIY portfolio is entire without any cost. Along with it, no dealing and annual charges are just icing on the cake.
Apart from it, the managed portfolio has a small amount as its management fee, which is not so much but 0.25% annual fee. The most exciting thing is that there is not any kind of setup or withdrawal fee in this system.
Invest Engine- Safe and Authorised
The burning question of the time is the authenticity of investment platforms. Without any doubt and uncertainty, Invest Engine is authorized and regulated by the Financial Conduct Authority (FCA). It is handled by the Financial Services Compensation Scheme, which means you’d be covered for £85,000 in case of Invest Engine busting.
Prominent Features of Invest Engine
Invest Engine possesses a lot of critical features that can shed light on its efficiency. Some of them are:
Free Service in DIY Portfolio
In the case of personally managing your portfolio on Invest Engine, there is no cost for managing or dealing with your investment.
Low Cost for Managed Portfolio
As we mentioned before, there is a very cheap rate for managed portfolios on Invest Engine. It just costs 0.25% for a year.
Mobile and Web Apps
Moreover, you can manage your account details via an application installed on your mobile phone. Invest Engine can also be approached on its website, and the app can easily be accessed on Apple App Store and Google Play Store.
Access to Hundreds of ETFs
Invest Engine allows accessing more than 500 ETFs. You can manage your funds according to your own benefit.
Rebalancing Your Portfolio
Rebalancing is just a walk in the park because it is just a click away. You can rebalance your DIY portfolio in a blink of an eye.
Auto Investing Feature
The innovative idea of Invest Engine is that it can add or withdraw funds from your DIY portfolio if you request and allow it to do so.
Pros & Cons
Everything has a dark and lighter side on its own. So, here are some pros and cons of Invest Engine.
Pros:
- No cost for a DIY portfolio.
- The managed portfolio has just a 0.25% annual fee.
- Quick portfolio rebalancing option.
- Easy to understand the mobile application.
- Access to the website.
- The facility of 500+ ETFs.
- With a simple registration.
Cons:
- Don’t have direct share dealing.
- There is no pension or lifetime ISA.
- No concession in fee in case of more investments.
- £100 minimum investment.
- Unable to invest in investment trusts.
How to Sign up for Invest Engine
The Invest Engine sign-up process is as easy as ABC. It gives you a straightforward journey to join it. Right after you have signed up, it will ask you to select whether you are going to invest as an individual or a business.
After it, as an individual investor, you’ll be asked whether you are willing to make your own free DIY portfolio or going to invest in a managed portfolio. Whatever you choose, you will open an ISA account or a general investment account (GIA). In contrast to GIA, ISA provides you with more benefits.
If you select to create your own portfolio, it will enable you to invest and manage your investment and choose your 500+ ETFs accordingly. So, don’t waste your time on other platforms. This is the right time to move ahead and create your portfolio in Invest Engine because time flies, my friend.
Encapsulation- Invest Engine Review
Discussion, as mentioned above, can indicate that although Invest Engine is not perfect because of no direct share dealing, pension, etc., it has all the qualities that can stand the test of time. Plus, All the latest requirements are in the pipeline and will soon appear to surprise and serve people.
So gone are the days when investing money was a problem for you. Invest Engine is here to assist you and make you rich. Visit somquest to learn more about stocks and investment.