“We want to see these groups continue”, GHC steps in to keep UK Investment Clubs alive

The future of the UK’s investment clubs has been thrown into doubt following the news that Interactive Investor, one of the last major brokers supporting them, will close all club accounts from 27 October 2025.

While not every club used Interactive Investor, the firm was a leader in the space. Its withdrawal has left many groups with limited options, sparking fears that clubs could disappear altogether.

GHC Capital Markets has confirmed it will provide a home for investment clubs. By stepping in, the firm hopes to preserve a long-standing tradition that blends learning, community and investing.

The relatively small trade sizes involved in investment clubs means many larger brokers are unwilling to serve them.

Rachel Hardy, Managing Director at GHC Capital Markets, said: “When we saw the news about Interactive Investor closing its investment club accounts and heard from clubs looking for support, we realised we could step in to help. We want to ensure these groups continue to have a place to invest, learn, and build confidence in the markets.”

Investment clubs have been a feature of UK financial life for decades. Members typically pool modest monthly sums, sometimes as little as £20 or £50 each, and meet in person to decide on investments, often over food and drink. For many, the experience is as much about the social connection as the financial returns.

Hardy explained: “We know that investment clubs are about much more than money. They give people confidence, help them learn how markets work, and bring friends and communities together. Interactive Investor’s decision has left a big gap, and we don’t want to see clubs simply disappear as a result.

“For us, this isn’t about profit, it’s about supporting small UK investors, making sure they have a place to go, and helping keep alive a tradition that has introduced thousands of people to investing over the years.”

To set up an investment club, groups typically need:

• A regulated FCA broker to execute, hold investments, and guide through the onboarding process
• A formal club agreement covering decision-making, contributions and distribution of returns.
• A dedicated bank account for transparency and collective control of funds.

GHC hopes to offer optional educational sessions for clubs. These informal talks, held at club meetings if requested, will cover topics such as equities and market fundamentals.

Hardy added: “We want to give small UK investors, and those just starting to explore investing, the confidence to take the next step, learn more about the markets, and potentially do more with their money.”

For more information, investment clubs can contact GHC Capital Markets at: investmentclubs@ghcl.co.uk