40% off account charge for up to 6 months with a new HL Stocks and Shares ISA. Terms apply. View the offer.
Stocks and Shares ISA
Invest for less with our lowest ever charge
Open a Stocks and Shares ISA with the UK’s #1 investment and savings platform and enjoy 40% off your account charge for up to six months.
Before you invest in a Stocks and Shares ISA: investing for 5+ years increases your chances of positive returns compared to cash savings. But investments rise and fall in value, so you could get back less than you put in. You’re responsible for your investment decisions. Tax benefits depend on your circumstances and rules can change.
What is a Stocks and Shares ISA?
A Stocks and Shares ISA is an investment account that lets you grow your money, free from UK tax.
Save tax
Invest up to £20,000 each tax year, free from UK income and capital gains tax.
Boost potential returns
Investments should provide higher returns than cash over the long term.
Match your goals
Pick investments that match your values and goals.
Why choose the HL Stocks and Shares ISA?
Let your investments flourish with our most popular account, the HL Stocks and Shares ISA.
Manage your Stocks and Shares ISA on the go with our award-winning mobile app
Take advantage of our expert research and investment analysis
Pick your own investments or choose from ready-made options
Speak to our UK-based helpdesk if you have any questions
Our lowest ever account charge
Open a new HL Stocks and Shares ISA today and enjoy 40% off your account charge.
Open your ISA and add at least £10,000 (including cash and/or transfers) by 30 June 2025
The 40% discount applies between 1 July and 31 December 2025
If you're transferring investments, your reduced charge will start once your transfer completes, and continue until 31 December 2025
Need more time to apply to transfer? Contact our Helpdesk.
Important: This offer reduces the HL account charge. Our standard account charge is no more than 0.45%. Other investment charges may still apply. Buying and selling funds is free. Share and ETF dealing charges apply. See full offer terms.
| Investment type | Investment value | Reduced charge | Standard charge |
|---|---|---|---|
| Funds | under £250k | 0.27% | 0.45% |
| £250k - £1m | 0.15% | 0.25% | |
| £1m - £2m | 0.06% | 0.10% | |
| Over £2m | 0.00% | 0.00% | |
| Other investments | Flat max charge | 0.27%* | 0.45%** |
*Capped at £2.25pcm
**Capped at £3.75pcm
Is a Stocks and Shares ISA right for you?
Consider investing in a Stocks and Shares ISA if:
You’re clear on the differences between saving and investing and you have cash savings to cover emergencies
You understand the value of your investments will rise and fall, so you could get back less than you invest
You’re happy to invest for the long term – we suggest at least five years
You’re comfortable choosing your own investments and happy to check in to make sure they’re continuing to meet your objectives
This isn’t personal advice. If you’re not sure whether a Stocks and Shares ISA is right for you, ask for financial advice.
Choose free regular investing
Take the hassle out of investing in your ISA with automatic, monthly Direct Debits.
Invest from as little as £25 a month
No charge to set up or buy investments - investments may have their own charges
Choose to invest in a wide range of funds, shares, ETFs, Ready-Made options, and more
Plus, set up a Direct Debit in your ISA by 26 June 2025 and get a full year's worth of account charges back on your total monthly payments - letting you invest at no cost.
Your Direct Debit must stay in place for one year to qualify. Your cash refund will be paid by July 2026. Full terms apply.
Existing client? Log in to get started
Your ISA investment options
Build your own ISA
Your ISA, your choice
Choose from funds, UK and overseas shares, investment trusts, bonds, exchange-traded funds (ETFs) and more.
Expert research
Take advantage of our expert research, analysis and ISA investment ideas.
Leave it to our experts
Ready-made investments
All-in-one investment options, created by our team of experts.
Easy to start
Choose the investment which best matches your goals and risk level. Add supporting investments if you want to personalise your portfolio.
FAQs
Common questions about Stocks and Shares ISAs.
You can open a Stocks and Shares ISA if you’re over the age of 18 and UK resident for tax purposes. You should also be:
Comfortable choosing your own investments in an ISA
Confident making long-term investment decisions
Free from significant debt (other than a mortgage)
Clear on our charges
Investments fall as well as rise in value, so you could get back less than you put in. If you’re not sure which investments are right for your Stocks and Shares ISA, please ask us about financial advice.
Yes, you can into more than one Stocks and Shares ISA in the same tax year.
You can also spread your £20,000 ISA limit across any combination of Stocks and Shares, Innovative Finance or Cash ISAs. However, you can only pay into one Lifetime ISA each tax year (up to £4,000 per year) if eligible.
For example, if you wanted to divide your ISA allowance between cash and investments, you could put £15,000 in a Stocks and Shares ISA and the remaining £5,000 in a Cash ISA.
On top of the £20,000 ISA allowance, it’s also possible to pay up to £9,000 into a Junior ISA for a child.
You can open an HL Stocks and Shares ISA with £100 as a lump sum, or by setting up a Direct Debit from £25 per month.
Yes, you can.
Although Stocks and Shares ISAs are designed for long-term investing, you can withdraw cash at any time.
We don’t charge you for withdrawals or for selling funds. Dealing charges apply to shares and other investments.
If you withdraw money from a Stocks and Shares ISA, you’ll lose that portion of your ISA allowance.
ISA essentials
Read more about Stocks and Shares ISAs.
Join 950,000+ HL Stocks and Shares ISA investors
Open or top up your Stocks and Shares ISA from £100 lump sum, or £25 a month.
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