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Broker Comparison

Bestinvest vs Davy Select

Compare Bestinvest and Davy Select side by side: fees, regulation, platforms.

Bestinvest

Bestinvest

UK long-term fund and SIPP investors

Bestinvest is a UK investment platform offering stocks, funds, ETFs and ready-made portfolios across ISA, SIPโ€ฆ

VS
Davy Select

Davy Select

Irish self-directed investors

Davy Select is an Irish execution-only platform offering stocks, ETFs, funds, bonds and pension accounts, regโ€ฆ

Head-to-head comparison

Bestinvest vs Davy Select
Feature Bestinvest Davy Select
Minimum deposit - -
Stock trading fee UK shares: ยฃ4.95 per online trade; telephone dealing: ยฃ30 per trade Irish and UK stocks: 0.5% (min EUR 14.99); International stocks: 0.06% + EUR 25 settlement per trade
Regulators FCA CBI
Best for UK long-term fund and SIPP investors Irish self-directed investors
Markets & account
Stocks
ETFs
Bonds
Funds
Ready Made Portfolios
-
Isa
-
Sipp
-
Business Account
Money Market Funds
-

Pros & cons

Bestinvest

Bestinvest

Pros

  • No fund dealing fees
  • No US share dealing fees
  • Free withdrawal and no exit fees
  • SIPP fee is competitive with no setup charge
  • Free unlimited investment coaching sessions
  • Over 3,700 funds, shares, ETFs and investment trusts available
  • Flexible ISA - withdraw and replace without losing allowance
  • FSCS protection up to ยฃ85,000

Cons

  • ยฃ4.95 per UK share and ETF trade
  • FX conversion fee of 0.95% on US shares and foreign currency transactions
  • SIPP minimum charge of ยฃ120 per year even on small balances
  • No fractional shares
  • No demo account
  • Limited to UK and US shares only - no European or Asian exchanges
  • Mobile app redirects to browser for some investment actions
Davy Select

Davy Select

Pros

  • Regulated by the Central Bank of Ireland with long track record
  • Client funds held in segregated accounts
  • Access to over 7,500 stocks across 30 international markets
  • Over 650 ETFs and 1,200 funds available
  • Pension accounts (PRSA, ARF, PRB) offered on the same platform
  • No account opening fee and no deposit fee
  • Research tools powered by Morningstar and Thomson Reuters

Cons

  • High inactivity fee of EUR 50 per quarter
  • Irish and UK trade commissions of 0.5% are above the low-cost market average
  • EUR 40 custody charge per trade for instruments outside Ireland and UK
  • No demo account available
  • Mobile app is view-only - trades cannot be executed on mobile
  • Account opening process is not fully digital and can take several weeks
  • No CFDs, leverage, crypto or forex trading
Bestinvest

Bestinvest

Bestinvest is a UK investment platform offering stocks, funds, ETFs and ready-made portfolios across ISA, SIPP and general investment accounts, backed by Evelyn Partners.

Your capital is at risk. Other fees apply.

Davy Select

Davy Select

Davy Select is an Irish execution-only platform offering stocks, ETFs, funds, bonds and pension accounts, regulated by the Central Bank of Ireland.

Your capital is at risk. Other fees apply.

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