Scottish Widows
Fee Breakdown

Full fee schedule, pros, cons, and how Scottish Widows compares to other UK platforms.

Category Flat fee
Account types ISAGIASIPP
Investments FundsETFsUK SharesIntl Shares
SIPP drawdown Yes
⚠ FSCS group: This broker shares FSCS investment protection with other brands in the lloyds group. Combined limit of £85,000.
Fee data last verified: February 2026

Fee schedule

Platform fee£0
SIPP fee0.25% (max £198)
Fund trading£5.00
ETF trading£5.00
Share trading (UK)£5.00
Regular investingFree
FX rate1.50%
Entry/exit fees£0
Cash interestNo

Pros

Zero platform fee
SIPP available
Formerly iWeb — straightforward platform

Things to know

Higher FX fee at 1.5%
Same FSCS entity as Lloyds, Halifax, BoS
£5 per trade

Ratings

Customer Service2/5
Ease of Use2/5
Investment Range4/5
Track Record4/5
Formerly iWeb. SIPP 0.25% up to max £198. Browser accessible.
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