Benefit from our market-leading custody fee of 0.2% per annum on holdings in your account
If you have an EQi ISA, SIPP or dealing account, your Lifetime ISA will be free
Our low pricing means you're left with more to save and invest, so you can reach your goals sooner
New EQi customers pay no custody fee in their first two quarters
The government introduced the LISA because it wants younger people to invest and save for their future.
So if you open a LISA, you’ll benefit from the hefty 25% bonus on top of what you invest.
While that is all a plus, EQi believes that as younger investors typically have less to invest, they should also pay lower fees.
It is why EQi charges a custody fee which, at 0.2%, is the lowest in the market.
The fee covers what we do as ‘custodians’ of your money, essentially safeguarding the assets in your account.
You’ll pay 0.2% on the value of the holdings in your LISA but we have also capped it at £10 per quarter. So, that’s no more than £40 a year.
What might seem like a small difference in fees of a few pounds initially, adds up to big difference over time.
Our LISA fee structure is designed to benefit younger investors, who may have smaller sums to invest but longer to build a portfolio.
The impact of fees is cumulative. By paying out less each year, you’ll have more money working for you, for longer.
As you can see, our low fee for holding your assets (the custody fee) means you can keep costs down year on year.
Graph accurate as of May 2020. Model based on a 50/50 split between shares and funds with a growth rate of 4% p.a.
At EQi we also make sure that when you buy and sell, you’ll benefit from rates which are hard to beat.
To buy and sell shares
To buy and sell exchange-traded funds
There is no fee to buy or hold funds (Unit Trusts and OEICs); sales cost £10.99
The cheapest stocks and shares LISA in the market*
You’ll pay no dealing commission if we don’t meet best execution
Get a free dealing account when you open an Lifetime ISA
*Correct October 2020