Personal Finance

Vanguard fees and investment costs - UK guide 2026

Emma-Jane Stogdon

07.01.26

Read time 2 minutes

Thinking of investing with Vanguard? It’s a popular investment platform here in the UK, offering Stocks and Shares ISAs, pensions and general investment accounts.

Before you create an account and start investing, you’ll need to know about Vanguard’s fees and investment costs.

Read on for the lowdown on how much it costs to use Vanguard, including account fees, fund management costs and more.

We’ll also show you how to minimise or avoid them altogether, using multi-currency solutions such as Wise.

➡️ Learn more about the Wise account

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in. Tax treatment depends on your individual circumstances and may be subject to future change. The content of this article is provided for informational purposes only and is not intended to be, nor does it constitute, any form of personal advice.

Investments in a currency other than GBP are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in GBP terms. You could lose money in GBP even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

Vanguard account fees

Vanguard has a pretty straightforward pricing structure, so there isn’t a long list of fees to worry about.

Fees vary according to what account type you have, such as a General Account, Stocks and Shares ISA or Personal Pension. For some of these, fees will also vary depending on how much you have invested.

Here’s the full list of Vanguard fees and investment costs you need to know about:¹

	Account fee	Fund management cost	Other management fees
General Account	- £4/month for under £32,000 - 0.15%/year for £32,000+	0.06% to 0.79%	None
Stocks and Shares ISA - Self-Managed	- £4/month for under £32,000 - 0.15%/year for £32,000+	0.06% to 0.79%	None
Stocks and Shares ISA - Managed	0.15%/year	0.17% on average	0.20%
Personal Pension - Self-Managed	- £4/month for under £32,000 - 0.15%/year for £32,000+	0.06% to 0.79%	None
Personal Pension - Managed	0.15%/year	0.17% on average	0.30%

All fees correct at time of writing.

Vanguard trading fees

Unlike some other investment platforms which charge a fee every time you buy or sell shares, Vanguard doesn’t have trading fees. It’s all covered under the account fee.

However, there are a couple of fees related to Exchange Traded Funds (ETFs). There are one off costs of 0.01% to 0.26%, and a fee of £7.50 per trade if you want to use the platform’s optional Quote and Deal service.¹

Does Vanguard charge withdrawal fees?

No, Vanguard doesn’t charge fees for withdrawing your money. There are also no charges for:¹

Transferring your money
Exiting or switching funds
Closing your account.

Does Vanguard charge foreign exchange fees?

Vanguard doesn’t charge fees for currency conversion or trading on overseas markets.

This is because it bundles everything up into one account management fee, and everything is covered under that.²

Why a Wise account is a must-have for global investors

While it’s great that Vanguard doesn’t charge foreign exchange fees, not all investment platforms are the same. In some cases, you could end up being charged a premium for currency conversion if you want to invest in overseas markets.

Wise offers a handy way to avoid or minimise foreign exchange fees when investing.

Open a Wise account and you can access local account details in USD, EUR, GBP, AUD and more. This means you can hold funds in your chosen currency until you’re ready to invest, then use your Wise account to fund your transaction on your chosen investment platform.

You can even set up exchange rate alerts so that you can wait for the time and the rate that suits you.

💹 Set up rate alerts

To convert currencies within Wise, you’re guaranteed the mid-market exchange rate and low, transparent fees starting from just 0.33%*. This along with rate alerts, gives you full control over FX, and could end up saving you money.

➡️ Learn more about the Wise account

Sources used:

1. Vanguard - trading fees and charges
2. Vanguard - FX fees

Sources last checked 15-Dec-2025

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.