Educational use only: This platform provides information for educational purposes and should not be considered financial, investment, or legal advice.

Prosper review: fees, accounts and what customers say

Zero platform fees and fee refunds on 30+ index funds

4.6 on Trustpilot (Excellent)Fees verified July 2026

The short version

Prosper's pitch is the cheapest total cost of ownership in the UK: no platform fee, no dealing fees, and refunded fund fees on a list of mainstream index funds. For a straightforward global tracker in an ISA or SIPP, the all-in cost can genuinely be zero.

The counterweight is maturity. It is a young platform with a small (if very positive) review base and no individual shares. If that trade-off suits you, the price is unbeatable.

Best for: Index fund investors who want the lowest possible total cost and are comfortable with a newer app.

Prosper fees

Platform fee£0
Share dealingNot applicable (funds and ETFs)
Fund dealingFree
FX feeNone on GBP fund classes
Stocks & Shares ISAFree
SIPPFree
WithdrawalsFree
Minimum to startNo minimum
  • Prosper refunds the fund manager's fee on more than 30 major index funds from Vanguard, BlackRock and Fidelity, making them effectively free to hold.
  • No transfer or exit fees.

Verified July 2026 against Prosper's published charges. Always check the provider's current schedule before opening an account.

Accounts available

General Investment AccountStocks & Shares ISASIPP

FSCS protected up to £85,000. Authorised and regulated by the FCA.

What the reviews say

Prosper scores 4.6 out of 5 on Trustpilot (Excellent) from around 300 reviews.

Early adopters praise the zero fees and responsive founding team; roughly 84% of reviews are five stars.

The review base is small and some users want more account types and a web version.

Pros and cons

Where it wins

  • No platform fee on ISA, SIPP or GIA
  • Fee refunds make 30+ index funds effectively free
  • 200+ funds and ETFs, clean modern app
  • Free SIPP is rare at any price

Where it loses

  • Young company with a short track record and small review base
  • App-only, no individual shares
  • Smaller investment range than the big platforms

Compare Prosper with other brokers

Prosper vs FreetradeProsper vs Trading 212Prosper vs AJ BellProsper vs VanguardProsper vs FidelityProsper vs IGProsper vs Interactive InvestorProsper vs Hargreaves LansdownProsper vs Moneybox

Picked a broker? Now check the bigger question.

Prosper can hold your investments, but it will not tell you whether they add up to the retirement you want. Delphina models your whole financial life and gives you a straight answer.

See if you are on trackCompare all 10 brokers

Capital at risk. This page is information, not financial advice.