Updated September 28, 2026 · SumCue Editorial Team
InvestEngine vs Police Friendly
InvestEngine
Police Friendly
Higher score in this comparison
Where InvestEngine and Police Friendly differ
| Compare | InvestEngineReviewSee alternativesSee alternatives | Police FriendlyReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £100 | £50Lower |
| Markets | ETFs | Stocks, Funds |
| Regulators | Financial Conduct Authority (FCA) | Financial Conduct Authority / Prudential Regulation Authority |
| Deposit and withdrawal fees | Free | 25% government charge on non-qualifying withdrawals |
| Account types | ISA, SIPP, Corporate | ISA, Lisa, Jisa |
| Stock trade fee | £0 | Not confirmed |
| Account fee | £0 | Not confirmed |
| Platforms | Web, iOS, Android | Not confirmed |
| Interest on cash | 0% | Not confirmed |
Same on both: Investor protection (FSCS up to GBP 85,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Police Friendly scores higher overall: 9.0 vs 8.7.
- Regulators: only InvestEngine offers Financial Conduct Authority (FCA).
- Regulators: only Police Friendly offers Financial Conduct Authority / Prudential Regulation Authority.
- Founded is lower at Police Friendly: 1893 vs 2019.
- Minimum deposit is lower at Police Friendly: £50 vs £100.
- Markets: only InvestEngine offers ETFs.
- Markets: only Police Friendly offers Stocks, Funds.
- Account types: only InvestEngine offers SIPP, Corporate.
- Account types: only Police Friendly offers Lisa, Jisa.
- Support channels: only InvestEngine offers Help centre.
Our verdict on each
InvestEngine
InvestEngine suits UK beginners who want a small, set-and-forget ETF pot with nothing charged for holding or trading. The account fee is £0, the minimum deposit is £100 and the only recurring charge is a management fee of 0.25%. The trade-off is that you hold ETFs and nothing else.
Police Friendly
Police Friendly runs a UK stock and shares ISA, LISA and JISA range from £50, run by Metropolitan Police Friendly Society Limited. It suits savers building a tax sheltered pot in stocks and funds who value a named legal entity and FSCS cover, and who can leave the money invested.
Score breakdown
| Area | InvestEngine | Police Friendly |
|---|---|---|
| Cost | 9.0Higher | 8.7Opening a stocks and shares ISA, LISA or JISA needs £50, and a non qualifying withdrawal carries 25% government charge on non-qualifying withdrawals. |
| Offer | 8.8Account fee of £0, stock trade fee of £0 and a minimum deposit of £100. | 9.0Higher |
| Trust | 8.3 | 9.2Higher |
Side by side, item by item
| Markets | InvestEngine | Police Friendly |
|---|---|---|
| Stocks | No | Yes |
| ETFs | Yes | No |
| Funds | No | Yes |
| Account types | InvestEngine | Police Friendly |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | No |
| Corporate | Yes | No |
| Lisa | No | Yes |
| Jisa | No | Yes |
Choosing between them
Pick InvestEngine if cost matter most.
Pick Police Friendly if trust and minimum deposit matter most.
Where each is licensed and available
| Country | InvestEngine | Police Friendly |
|---|---|---|
| United Kingdom |
Available in 1 country for both.
How they place
| Ranking | InvestEngine | Police Friendly |
|---|---|---|
| Investing | 298 of 654 | 210 of 654 |
| Stock and ETF brokers | 217 of 358 | 153 of 358 |
| Stocks and shares ISAs | 15 of 25 | 7 of 25 |
Every fact side by side
| Fact | InvestEngine | Police Friendly |
|---|---|---|
| Features | Fractional shares, Mobile app | Not confirmed |
| Pricing model | Commission free | Not confirmed |
| Audience | Beginners | Not confirmed |
| Legal entity | InvestEngine (UK) Limited | Metropolitan Police Friendly Society Limited |
| Headquarters | United Kingdom | United Kingdom |
| Founded | 2019 | 1893Lower |
| Support channels | Email, Help centre | Email, Phone |
Robo-advisors
| Fact | InvestEngine | Police Friendly |
|---|---|---|
| Management fee | 0.25% | Not confirmed |
| Minimum investment | £1 | Not confirmed |
| Portfolio types | ETF | Not confirmed |
Where each stands against the rest
| Fact | InvestEngine | Police Friendly | Median |
|---|---|---|---|
| Minimum deposit | £100above the median | £50above the median | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | Not confirmed | £0 |
| Interest on cash | 0%lowest quarter | Not confirmed | 2.875% |
Median across 44 listed providers.
Pros and cons
InvestEngine
Pros
- No account fee at £0 and no stock trade fee at £0
- Fractional shares and a mobile app let you invest small amounts regularly
- Choose from ISA, SIPP and corporate accounts
Cons
- A management fee of 0.25% still applies, unlike a free commission-free brokerage
- Markets are limited to ETFs, so individual shares are not an option
- Support runs on email and help centre only, with no phone line
Police Friendly
Pros
- Three tax sheltered options in one place: an ISA, a LISA and a JISA
- Low entry point at £50 to open
- Stocks and funds available to invest through stocks and funds
Cons
- A non qualifying withdrawal is hit by 25% government charge on non-qualifying withdrawals
- Investments are limited to stocks and funds, with no wider market list given
- Support runs on email and phone only
Who each suits
InvestEngine
Who it suits
- Beginners who want to start small and add to the same pot each month
- Savers putting money into an ISA or SIPP for the long term
- Anyone who would rather hold a diversified basket than pick single shares
Who should look elsewhere
- Traders who want to buy and sell individual shares
- Anyone who wants to speak to support by phone, since support runs on email and help centre only
Police Friendly
Who it suits
- UK savers building a tax sheltered pot for the long term
- Parents saving for a child through the JISA account type
- Savers who want a named legal entity behind the account
Who should look elsewhere
- People trading shares frequently, since investable markets run to stocks and funds
- Anyone likely to need the money early, because of 25% government charge on non-qualifying withdrawals
Current offers
Police Friendly
Current offer
Bonus
Open a Lifetime ISA - Earn up to GBP50 in Gift Cards: Up to GBP50 gift card
Pay GBP100 or more per month, or GBP50+ with Escalator; GBP30-99 gets GBP25; quote AUTUMN26
Source, checked September 26, 2026
Country by country
| Country | InvestEngine | Police Friendly |
|---|---|---|
| United Kingdom | Yes | Yes |
Questions about each
InvestEngine
What does it cost to hold an InvestEngine account?+
The account fee is £0 and the stock trade fee is £0, so there is nothing charged for keeping the account open or for dealing. The one recurring cost is a management fee of 0.25% on the money you hold. Deposits and withdrawals are free.
What is the smallest amount I can invest?+
The minimum deposit is £100, and the smallest investment the platform advertises is £1. Fractional shares are supported, so you can hold a slice of a fund rather than a whole unit. That keeps the starting point low even though the opening deposit is set higher than at many rivals.
Police Friendly
What accounts can I open with Police Friendly?+
You can open an individual savings account, a lifetime individual savings account or a junior individual savings account. The range is listed at isa, lisa and jisa. The account runs under Metropolitan Police Friendly Society Limited.
How much do I need to put in to start?+
The minimum deposit is £50, which is a low starting point for a tax sheltered account. Once the account is open you can invest that money in the assets listed at stocks and funds.
Other options to compare
Other matchups
InvestEngine
Police Friendly