Updated September 29, 2026 · BrokerCue Editorial Team
Dodl vs IG
What sets them apart
| Compare |  Dodl |  IG |
|---|---|---|
| Markets | Stocks, ETFs, Funds | Stocks, ETFs, Forex, CFDs, Options, Futures, Crypto, Spread betting |
| Regulators | Financial Conduct Authority | Federal Financial Supervisory Authority (BaFin), SIPC |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Platforms | Dodl app | Mobile trading, L2 Dealer, ProRealTime, MetaTrader 4, MetaTrader 5, TradingView |
| Interest on cash | 3.8%Higher | 2.5% |
| Minimum deposit | £25 | Not confirmed |
| Account fee | Not confirmed | €0 |
| Retail accounts that lose money | Not confirmed | 69% |
| Currency conversion fee | 0.75% | Not confirmed |
| Deposit and withdrawal fees | free deposits and withdrawals | Not confirmed |
| Account types | ISA, SIPP, Lisa | Not confirmed |
Same on both: Stock trade fee (£0).
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Key differences
- IG scores higher overall: 9.5 vs 8.8.
- Regulators: only Dodl offers Financial Conduct Authority.
- Regulators: only IG offers Federal Financial Supervisory Authority (BaFin), SIPC.
- IG is licensed in 1 more country.
- Markets: only Dodl offers Funds.
- Markets: only IG offers Forex, CFDs, Options.
- Platforms: only Dodl offers Dodl app.
- Platforms: only IG offers Mobile trading, L2 Dealer, ProRealTime.
- Interest on cash is higher at Dodl: 3.8% vs 2.5%.
- Features: only IG offers Demo account, Fractional shares.
Our verdict on each
Dodl
Dodl is an AJ Bell app aimed at UK beginners who want to sidestep dealing costs entirely. Stock trades cost £0 and cash earns 3.8%, so the saving comes from the fee-free model rather than from a richer market list.
IG
IG suits traders who want shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting under a single roof, with an account fee of €0 and cash interest of 2.5% on uninvested balances. Share dealing runs commission-free, while the retail loss rate is 69%.
Score breakdown
| Area | Dodl | IG |
|---|---|---|
| Cost | 8.9 | 9.3Higher |
| Offer | 9.2Stock trade fee of £0 across isa, sipp and lisa, plus free deposits and withdrawals, undercuts priced platforms. | 9.6HigherCommission-free share dealing, a stock trade fee of £0, an account fee of €0 and cash interest of 2.5%. |
| Trust | 8.6 | 9.5Higher |
Licences and countries
| Country | Dodl | IG |
|---|---|---|
| Germany | Not confirmed | Federal Financial Supervisory Authority (BaFin) MiCA CASP 213800HFC5G4V293BN91 |
| United Kingdom | Not confirmed | |
| United States | Not confirmed | SIPC SIPC member 71021 |
Pick Dodl if, pick IG if
Pick Dodl if interest on cash matter most.
Pick IG if cost, offer, and trust matter most.
Where these facts come from
Dodl
- dodl.co.uk: 12 facts, checked September 26, 2026
- help.dodl.co.uk: 3 facts, checked September 26, 2026
IG
- ig.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
How they place
| Ranking | Dodl | IG |
|---|---|---|
| Stock and ETF brokers | 176 of 471 | 48 of 471 |
Every fact side by side
| Fact | Dodl | IG |
|---|---|---|
| Features | Mobile app | Demo account, Mobile app, Fractional sharesCovers more |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Beginners | Not confirmed |
| Legal entity | AJ Bell | IG Europe GmbH |
| Headquarters | Not confirmed | Germany |
| Support channels | Email, Chat, Help centre | Not confirmed |
Where each stands against the rest
| Fact | Dodl | IG | Median |
|---|---|---|---|
| Minimum deposit | £25above the median | Not confirmed | £20 |
| Stock trade fee | £0at the median | £0at the median | £0 |
| Account fee | Not confirmed | €0at the median | €0 |
| Retail accounts that lose money | Not confirmed | 69%below the median | 72.05% |
| Currency conversion fee | 0.75%highest quarter | Not confirmed | 0.45% |
| Interest on cash | 3.8%highest quarter | 2.5%below the median | 3% |
Median across 52 listed brokers.
Pros and cons
Dodl
Pros
- Stock trades cost £0, the lowest stock trade fee recorded in this comparison
- free deposits and withdrawals means moving money in and out adds nothing to a portfolio
- Cash held with the account earns interest of 3.8% while you save for a purchase
Cons
- Cash interest of 3.8% is a variable rate, so the return on uninvested money can move
- Dealing runs on Dodl app only, which suits casual investors less well than a desktop platform
- Support runs on email, chat and help centre only, so there is no phone line for urgent account problems
IG
Pros
- Markets list stocks, etfs and forex, so shares, ETFs, forex, contracts for difference, options, futures, crypto and spread betting sit together.
- Regulated by Federal Financial Supervisory Authority (BaFin) and SIPC, with client protection of EU ICS up to EUR 20,000.
- Platform choice runs Mobile trading, L2 Dealer and ProRealTime.
Cons
- Retail accounts that lose money come to 69%.
- The commission-free model in commission free applies to share dealing, and it does not extend to trading costs on forex, contracts for difference, options or futures.
- Accounts sit with IG Europe GmbH in Germany, so compensation stops at EU ICS up to EUR 20,000.
Who each suits
Dodl
Who it suits
- UK beginners opening a first stocks, ETFs and funds portfolio
- Investors who want dealing fees at £0 and want to keep cash earning 3.8%
- Savers setting aside money in an ISA, SIPP or LISA before investing
Who should look elsewhere
- Traders who need a desktop dealing platform, because dealing sits on Dodl app
- Anyone wanting phone support, since help runs on email, chat and help centre
- Investors who trade often in foreign currency, where 0.75% charges apply
IG
Who it suits
- Traders who want stocks, etfs and forex reachable from the same account rather than several platforms.
- Share buyers who want dealing on a commission-free basis, since commission free covers their trades.
- EU clients who weight regulation and compensation, given Federal Financial Supervisory Authority (BaFin) and SIPC and EU ICS up to EUR 20,000.
Who should look elsewhere
- Buyers who want a platform built around share dealing and crypto alone should compare CFI, whose stocks, etfs and forex is a shorter, simpler list.
- Investors priced in dollars rather than euros should weigh eToro, where the stock trade fee is $0.
- Anyone weighing only the account charge should know Vantage lists $0, so IG's €0 is not the only way to hold an account cheaply.
Country by country
| Country | Dodl | IG |
|---|---|---|
| United Kingdom | Yes | No |
Questions about each
Dodl
What does it cost to buy shares at Dodl?+
A stock trade costs £0, which is the figure that stands out on this platform. The pricing model is commission-free rather than low-fee, so dealing is designed to cost nothing. Money in and out is also free deposits and withdrawals, so a transfer adds nothing extra. The one charge to watch is 0.75% on currency conversion when you buy shares priced outside sterling.
Is my money protected at Dodl?+
Dodl is regulated by the Financial Conduct Authority, and eligible balances are covered by FSCS up to GBP 85,000. That protection is a stated limit on a claim to the firm, not a promise that investments cannot fall in value. The company operating the app is AJ Bell, so the account sits with an established UK provider rather than an offshore entity.
IG
What does it cost to trade shares with IG?+
Share dealing runs on a commission-free model, with a stock trade fee of £0 and an account fee of €0. Those are the two figures that matter for holding and trading, and both sit at the floor of the site tables. Trading costs on forex, contracts for difference, options and futures are quoted apart from share dealing.
Who regulates IG and is my money protected?+
The regulators are Federal Financial Supervisory Authority (BaFin) and SIPC, and the licences listed are MiCA CASP 213800HFC5G4V293BN91 and SIPC member 71021. Client protection in the EU is EU ICS up to EUR 20,000, so a claim against the firm is covered only up to that ceiling. Any balance above the cap is your own exposure.
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