Updated October 21, 2026 · SumCue Editorial Team
Plum vs Police Friendly
Plum
Police Friendly
Higher score in this comparison
Plum vs Police Friendly: the differences
| Compare | PlumReviewSee alternativesSee alternatives | Police FriendlyReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £2Lower | £50 |
| Markets | Stocks, ETFs, FundsCovers more | Stocks, Funds |
| Regulators | Financial Conduct Authority | Financial Conduct Authority / Prudential Regulation Authority |
| Account types | ISA, SIPP, Lisa | ISA, Lisa, Jisa |
| Stock trade fee | £0 | Not confirmed |
| Account fee | £0 | Not confirmed |
| Deposit and withdrawal fees | Not confirmed | 25% government charge on non-qualifying withdrawals |
| Platforms | Mobile app | 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 8.9.
- Regulators: only Plum offers Financial Conduct Authority.
- Regulators: only Police Friendly offers Financial Conduct Authority / Prudential Regulation Authority.
- Founded is lower at Police Friendly: 1893 vs 2016.
- Minimum deposit is lower at Plum: £2 vs £50.
- Markets: only Plum offers ETFs.
- Account types: only Plum offers SIPP.
- Account types: only Police Friendly offers Jisa.
- Support channels: only Plum offers Help centre.
- Support channels: only Police Friendly offers Phone.
Our verdict on each
Plum
Plum suits beginners in the UK who want to start small and pay nothing to deal, with a minimum deposit of £2. The trade-off is a short market list, confined to stocks, etfs and funds, and an overall score of 6.5 that leaves the case resting on price rather than choice.
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 | Plum | Police Friendly |
|---|---|---|
| Cost | 9.3HigherCosts are the strongest suit: account fee £0, stock trade fee £0, management fee 0.15% to 0.6%. | 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 | 8.9 | 9.0Higher |
| Trust | 8.5 | 9.2Higher |
Where they rank in our lists
| Ranking | Plum | Police Friendly |
|---|---|---|
| Investing | 243 of 654 | 210 of 654 |
| Stock and ETF brokers | 176 of 358 | 153 of 358 |
| Stocks and shares ISAs | 9 of 25 | 7 of 25 |
Where each is licensed and available
| Country | Plum | Police Friendly |
|---|---|---|
| United Kingdom | Not confirmed |
Available in 1 country for both.
Feature by feature
| Markets | Plum | Police Friendly |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | No |
| Funds | Yes | Yes |
| Account types | Plum | Police Friendly |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | No |
| Lisa | Yes | Yes |
| Jisa | No | Yes |
Every fact side by side
| Fact | Plum | Police Friendly |
|---|---|---|
| Features | Fractional shares, Mobile app | Not confirmed |
| Pricing model | Commission free | Not confirmed |
| Audience | Beginners | Not confirmed |
| Legal entity | Plum Fintech Limited | Metropolitan Police Friendly Society Limited |
| Headquarters | United Kingdom | United Kingdom |
| Founded | 2016 | 1893Lower |
| Support channels | Email, Help centre | Email, Phone |
Savings
| Fact | Plum | Police Friendly |
|---|---|---|
| Headline rate | 3.05% to 3.65% | Not confirmed |
| Rate type | Variable | Not confirmed |
| Deposit protection | FSCS up to GBP 85,000 | Not confirmed |
| Access terms | Same day access, no lock-in, no notice period | Not confirmed |
| Monthly fee | £0 | Not confirmed |
| Account kind | Easy access | Not confirmed |
Robo-advisors
| Fact | Plum | Police Friendly |
|---|---|---|
| Management fee | 0.15% to 0.6% | Not confirmed |
| Minimum investment | £1 | Not confirmed |
| Portfolio types | ETF, Cash | Not confirmed |
Where each stands against the rest
| Fact | Plum | Police Friendly | Median |
|---|---|---|---|
| Minimum deposit | £2below the median | £50above the median | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | Not confirmed | £0 |
Median across 24 listed providers.
Pros and cons
Plum
Pros
- Fractional shares are offered, so £2 is enough to hold a slice of a company rather than whole shares.
- Eligible money is covered by the protection scheme, with the ceiling given as FSCS up to GBP 85,000.
- The account types cover isa, sipp and lisa, so investing, retirement saving and a home deposit pot sit with the same provider.
Cons
- Markets stop at stocks, etfs and funds, so there is no dealing in listed bonds, overseas currency or crypto through the account.
- Help runs on email and help centre only, so a stuck withdrawal or transfer has no phone route.
- Managed portfolios charge 0.15% to 0.6%, which takes a slice from every pot you hand over.
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
Plum
Who it suits
- Beginners in the UK who want to begin with £2 and see share dealing in plain terms.
- Investors building an ISA or pension habit on a phone, since access runs through Mobile app.
- Anyone happy with a market list of stocks, etfs and funds for a starter portfolio.
Who should look elsewhere
- eToro is the place to check if the market list here, stocks, etfs and funds, is too tight for what you want to trade.
- bunq if you are starting from a €10 minimum rather than buying shares.
- cfi if you want no minimum deposit, since its floor is $0 against £2 here.
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 | Plum | Police Friendly |
|---|---|---|
| United Kingdom | Yes | Yes |
Questions about each
Plum
What does it cost to trade and hold with Plum?+
Dealing is commission-free and the stock trade fee is listed as £0. The account fee is £0 and the monthly subscription is £0, so holding an account costs nothing. Managed portfolios are the exception, charging 0.15% to 0.6% on the money you put into them. That covers the charging picture on the investment side.
Is my money protected if something goes wrong?+
Eligible investments sit under the protection scheme, and the stated ceiling is given as FSCS up to GBP 85,000. Cash held in the app is listed the same way under FSCS up to GBP 85,000. The figure is a limit rather than a promise of returns, and it applies to eligible money rather than to every balance on the account. Read the terms for the eligibility conditions before you rely on it.
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
Plum
Police Friendly