Simple, low pricing

You can open an Instant GIA for free. However, like all online investment platforms, Wombat charges various fees. View our pricing table for more information on our fees.

Our savings accounts are completely free.

You can open a Wombat Instant GIA for free. There is no subscription fee, or annual platform fee, for this account.

We do charge a 0.65% Foreign Exchange (FX) fee on each individual buy and sell, which is simply to cover the costs of exchanging currencies from GBP to USD. 

Did you know that you also get 0.2% cashback on every buy you make with an Instant GIA? You just need to place a buy, and weekly, the cashback will automatically be applied to your Wombat cash account. See the full cashback T&Cs.

View our pricing.

There is a £1 per month fixed subscription fee covering all transaction and investing costs, and grants you access to the Learning Hub, Round Ups and Auto Invest.

There is also a platform fee of 0.10% of your portfolio value, e.g. £10 per £10,000 per year which is charged monthly. At any time, you can view the fees you will pay per month for your Standard accounts by opening the Wombat app > 'Account' > 'Fees & Charges'. These low fees make Wombat one of the cheapest providers out there!

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On some occasions, a 0.75% FX fee will be applied to trades on foreign shares only. 

Plus, where applicable, an ETF provider fee (0.07% and 0.75% variable based on the fund) will be charged annually, and billed monthly, depending on which themed fund you select. This isn’t deducted from your account but rather is reflected in the value of your fund.

View our pricing.

We charge £1 per calendar month for our Standard Stocks & Shares ISA, Junior Stocks & Shares ISA (JISA) and for our Standard General Investment Account (GIA).

We will attempt to take a £1 subscription fee from your cash balance first, however, if funds are unavailable in your cash balance, we will sell down a small portion of your largest holding to cover the fee. If both your cash balance and portfolio are £0, you will not be charged a fee as no additional funds will ever be taken by direct debit.

On Standard accounts, there is a 0.1% annual platform fee which is calculated daily (we calculate 0.1% of your total portfolio value at market close each day), charged monthly (we request payment for the previous calendar month on the 10th), and billed annually (the fee is 0.1% of your total portfolio over the year, just calculated on a daily basis).

For example, if you had £2,000 in your portfolio on 1st May, this would mean 0.005p in fees (rounded up) for that day. Hypothetically, if your portfolio stayed at exactly £2,000 every day for the whole of May, you would pay a total of 0.17p (rounded up) in platform fees on the 10th June.