Updated September 28, 2026 · BrokerCue Editorial Team
Dodl vs InvestEngine
Where Dodl and InvestEngine differ
| Compare |  Dodl |  InvestEngine |
|---|---|---|
| Minimum deposit | £25Lower | £100 |
| Markets | Stocks, ETFs, FundsCovers more | ETFs |
| Regulators | Financial Conduct Authority | Financial Conduct Authority (FCA) |
| Deposit and withdrawal fees | free deposits and withdrawals | Free |
| Platforms | Dodl app | Web, iOS, Android |
| Account types | ISA, SIPP, Lisa | ISA, SIPP, Corporate |
| Interest on cash | 3.8%Higher | 0% |
| Account fee | Not confirmed | £0 |
| Currency conversion fee | 0.75% | Not confirmed |
Same on both: Stock trade fee (£0), Investor protection (FSCS up to GBP 85,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Dodl scores higher overall: 8.8 vs 8.7.
- Regulators: only Dodl offers Financial Conduct Authority.
- Regulators: only InvestEngine offers Financial Conduct Authority (FCA).
- Minimum deposit is lower at Dodl: £25 vs £100.
- Markets: only Dodl offers Stocks, Funds.
- Platforms: only Dodl offers Dodl app.
- Platforms: only InvestEngine offers Web, iOS, Android.
- Account types: only Dodl offers Lisa.
- Account types: only InvestEngine offers Corporate.
- Interest on cash is higher at Dodl: 3.8% vs 0%.
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.
InvestEngine
InvestEngine suits beginners who want their money spread across ETFs without picking shares themselves. Costs stay thin: an account fee of £0, a stock trade fee of £0 and a single portfolio management charge of 0.25%, with deposits and withdrawals free.
Score breakdown
| Area | Dodl | InvestEngine |
|---|---|---|
| Cost | 8.9 | 9.0Higher |
| Offer | 9.2HigherStock trade fee of £0 across isa, sipp and lisa, plus free deposits and withdrawals, undercuts priced platforms. | 8.8The isa, sipp and corporate account range wraps one ETF plan for savers and firms alike. |
| Trust | 8.6Higher | 8.4 |
Where they rank in our lists
| Ranking | Dodl | InvestEngine |
|---|---|---|
| Stock and ETF brokers | 168 of 490 | 187 of 490 |
| Investment platforms and apps | 34 of 85 | 41 of 85 |
| Brokers for beginners | 47 of 88 | 57 of 88 |
| Stocks and shares ISA providers | 8 of 21 | 13 of 21 |
| SIPP providers | 7 of 22 | 12 of 22 |
A third option
Nexo has interest on cash at 13%, against 3.8% for Dodl and 0% for InvestEngine.
Nexo reviewSources behind this comparison
Dodl
- dodl.co.uk: 12 facts, checked September 26, 2026
- help.dodl.co.uk: 3 facts, checked September 26, 2026
InvestEngine
- investengine.com: 10 facts, checked September 26, 2026
- blog.investengine.com: 2 facts, checked September 26, 2026
- help.investengine.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Dodl | InvestEngine |
|---|---|---|
| Features | Mobile app | Fractional shares, Mobile appCovers more |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Beginners | Beginners |
| Legal entity | AJ Bell | InvestEngine (UK) Limited |
| Headquarters | Not confirmed | United Kingdom |
| Founded | Not confirmed | 2019 |
| Support channels | Email, Chat, Help centreCovers more | Email, Help centre |
Robo-advisors
| Fact | Dodl | InvestEngine |
|---|---|---|
| Management fee | Not confirmed | 0.25% |
| Minimum investment | Not confirmed | £1 |
| Portfolio types | Not confirmed | ETF |
Where each stands against the rest
| Fact | Dodl | InvestEngine | Median |
|---|---|---|---|
| Minimum deposit | £25at the median | £100above the median | £25 |
| Stock trade fee | £0at the median | £0at the median | £0 |
| Account fee | Not confirmed | £0at the median | £0 |
| Currency conversion fee | 0.75%highest quarter | Not confirmed | 0.4% |
| Interest on cash | 3.8%highest quarter | 0%lowest quarter | 3% |
Median across 34 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
InvestEngine
Pros
- An account fee of £0 and a stock trade fee of £0 leave almost nothing to pay for holding or trading.
- Investor protection is FSCS up to GBP 85,000, with the platform regulated by the Financial Conduct Authority.
- The platform list covers Web, iOS and Android, and fractional shares make small regular buys work.
Cons
- Shares are not among its markets (etfs), so the range stays on funds rather than a general dealing list.
- Support runs on email and help centre, with no phone number for urgent account questions.
- Cash waiting to be invested earns 0%.
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
InvestEngine
Who it suits
- Beginners who want a curated portfolio and can start from a minimum investment of £1.
- ISA and SIPP holders in the UK who would rather not pay an account fee.
- Investors who only need help by email and are happy to stay inside a single asset class.
Who should look elsewhere
- CFI, for anyone who wants to open with a minimum deposit of $0 rather than £100.
- Vantage, for anyone who wants a smaller entry point, since its minimum deposit is $5.
- eToro, for traders who want share dealing, because shares are not among its markets (etfs).
Country by country
| Country | Dodl | InvestEngine |
|---|---|---|
| United Kingdom | Yes | Yes |
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.
InvestEngine
What does it cost to hold an InvestEngine account?+
The account fee is £0 and a stock trade costs £0, so buying and holding leaves most of the pot intact. The only ongoing charge is the portfolio management fee of 0.25%, which is taken on the portfolio rather than per trade. Cash left uninvested earns 0%.
Is my money protected if the platform fails?+
The Financial Conduct Authority is the regulator named on the licence, and the platform states investor protection of FSCS up to GBP 85,000. The account is run by InvestEngine (UK) Limited, a UK company, so UK rules and the protection scheme both apply to the account.