Updated September 28, 2026 · BrokerCue Editorial Team
Dodl vs Traders Place
Where Dodl and Traders Place differ
| Compare | ||
|---|---|---|
| Stock trade fee | £0 | €0 |
| Markets | Stocks, ETFs, Funds | Stocks, ETFs, Crypto, Bonds, FundsCovers more |
| Regulators | Financial Conduct Authority | Federal Financial Supervisory Authority (BaFin) |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Platforms | Dodl app | Traders Place App |
| Account types | ISA, SIPP, Lisa | Joint |
| Minimum deposit | £25 | Not confirmed |
| Account fee | Not confirmed | €0 |
| Currency conversion fee | 0.75% | Not confirmed |
| Deposit and withdrawal fees | free deposits and withdrawals | Not confirmed |
| Interest on cash | 3.8% | Not confirmed |
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Key differences
- Traders Place scores higher overall: 8.9 vs 8.8.
- Regulators: only Dodl offers Financial Conduct Authority.
- Regulators: only Traders Place offers Federal Financial Supervisory Authority (BaFin).
- Markets: only Traders Place offers Crypto, Bonds.
- Platforms: only Dodl offers Dodl app.
- Platforms: only Traders Place offers Traders Place App.
- Account types: only Dodl offers ISA, SIPP, Lisa.
- Account types: only Traders Place offers Joint.
- Support channels: only Dodl offers Chat.
- Support channels: only Traders Place offers Phone.
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.
Traders Place
Traders Place is a German broker built around a commission-free model, with stocks, ETFs, bonds, funds and crypto in a joint account and an overall score of 6.6. It suits investors who want a low running cost and a regulated German setup, with crypto included rather than bolted on.
Score breakdown
| Area | Dodl | Traders Place |
|---|---|---|
| Cost | 8.9 | 9.3HigherStock trade fee €0 and account fee €0 sit at ranking position 1 and 1. |
| Offer | 9.2HigherStock trade fee of £0 across isa, sipp and lisa, plus free deposits and withdrawals, undercuts priced platforms. | 8.9 |
| Trust | 8.6 | 8.6 |
Licences and countries
| Country | Dodl | Traders Place |
|---|---|---|
| Germany | Not confirmed | Federal Financial Supervisory Authority (BaFin) MiCA CASP 5299005Y5T6LXFAXDQ78 |
| United Kingdom | Not confirmed |
Additional countries for Dodl: 1. Additional countries for Traders Place: 1.
Where they rank in our lists
| Ranking | Dodl | Traders Place |
|---|---|---|
| Stock and ETF brokers | 176 of 471 | 27 of 471 |
| Investment platforms and apps | 35 of 86 | 2 of 86 |
Every fact side by side
| Fact | Dodl | Traders Place |
|---|---|---|
| Features | Mobile app | Crypto, Fractional shares, Mobile appCovers more |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Beginners | Not confirmed |
| Legal entity | AJ Bell | Traders Place GmbH & Co. KGaA |
| Headquarters | Not confirmed | Germany |
| Support channels | Email, Chat, Help centre | Email, Phone, Help centre |
Where each stands against the rest
| Fact | Dodl | Traders Place | Median |
|---|---|---|---|
| Minimum deposit | £25above the median | Not confirmed | £20 |
| Account fee | Not confirmed | €0at the median | €0 |
| Currency conversion fee | 0.75%highest quarter | Not confirmed | 0.45% |
| Interest on cash | 3.8%highest quarter | Not confirmed | 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
Traders Place
Pros
- Regulated by Federal Financial Supervisory Authority (BaFin), with investor protection of EU ICS up to EUR 20,000.
- A broad market list, stocks, etfs and crypto, covering equities, ETFs, bonds, funds and crypto.
- Fractional shares, crypto and a mobile app sit in crypto, fractional shares and mobile app, with Traders Place App as the platform.
Cons
- Contact options are limited to email, phone and help centre, with no live chat channel listed.
- The market list covers stocks, etfs and crypto, so forex and CFD traders are not served.
- Retail accounts that lose money run at 70.15% across the brands compared here, so a commission-free model does not remove the risk.
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
Traders Place
Who it suits
- Couples who want a joint account, since joint lists joint.
- Investors who want equities, ETFs, bonds, funds and crypto in a single account: stocks, etfs and crypto.
- Savers who want a German regulated broker with phone and email support: email, phone and help centre.
Who should look elsewhere
- Traders who want forex or CFDs, since CFI lists them in stocks, etfs and forex.
- Investors who prefer to check the cost model against a rival priced in another currency, such as eToro at $0.
Current offers
Traders Place
Current offer
Bonus
Neukundenbonus
Source, checked September 26, 2026
Country by country
| Country | Dodl | Traders Place |
|---|---|---|
| Germany | No | Yes |
| 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.
Traders Place
What does it cost to buy shares at Traders Place?+
Stock trades are charged at €0 and the pricing model is listed as commission-free, so no commission is added to a share purchase. The account fee is €0 as well, which keeps the cost of holding a plain brokerage account low for a buy and hold investor.
Does Traders Place charge to keep an account open?+
The account fee is €0, and the only account type listed is joint, as joint shows. That suits a couple holding securities together under a single pricing structure. Stock trades themselves are charged at €0, so the account charge is not offset by a per-trade commission.
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