Updated September 28, 2026 · BrokerCue Editorial Team
Nutmeg vs OneFamily
Where Nutmeg and OneFamily differ
| Compare |  Nutmeg |  OneFamily |
|---|---|---|
| Minimum deposit | £500 | £25Lower |
| Markets | ETFs, Funds, Stocks, BondsCovers more | Stocks, Funds |
| Regulators | Financial Conduct Authority | Financial Conduct Authority (FCA) |
| Deposit and withdrawal fees | no set-up, trading or exit fees | 25% government withdrawal charge on non-qualifying withdrawals |
| Account types | ISA, SIPP | Lisa, Jisa |
| Stock trade fee | £0 | Not confirmed |
| Platforms | Web, Mobile app | Not confirmed |
Same on both: Investor protection (FSCS up to GBP 85,000).
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Key differences
- Nutmeg scores higher overall: 9.2 vs 8.7.
- Regulators: only Nutmeg offers Financial Conduct Authority.
- Regulators: only OneFamily offers Financial Conduct Authority (FCA).
- Minimum deposit is lower at OneFamily: £25 vs £500.
- Markets: only Nutmeg offers ETFs, Bonds.
- Account types: only Nutmeg offers ISA, SIPP.
- Account types: only OneFamily offers Lisa, Jisa.
- Support channels: only Nutmeg offers Chat, Phone.
Our verdict on each
Nutmeg
Nutmeg suits UK investors who want a managed portfolio held in an ISA or SIPP rather than a self-directed dealing account. The cost of that convenience is a single management fee of 0.25% to 0.75%, with a £0 stock trade fee and FSCS protection of FSCS up to GBP 85,000 in place.
OneFamily
OneFamily suits UK parents saving for a child in a Lifetime ISA or Junior ISA, with a minimum deposit of £25 and a low entry point. It is a focused family provider rather than a general investing platform, and a government withdrawal charge makes early access expensive.
Score breakdown
| Area | Nutmeg | OneFamily |
|---|---|---|
| Cost | 9.0HigherManagement fees of 0.25% to 0.75% run above the robo-adviser median of 0.35%, and the entry floor is high. | 8.8Low entry cost with a minimum deposit of £25, but the government withdrawal charge on non-qualifying withdrawals adds a real cost. |
| Offer | 9.6Higher | 8.9 |
| Trust | 9.1Higher | 8.6 |
How they place
| Ranking | Nutmeg | OneFamily |
|---|---|---|
| Stock and ETF brokers | 92 of 490 | 190 of 490 |
| Investment platforms and apps | 20 of 85 | 42 of 85 |
| Lifetime ISA providers | 2 of 13 | 7 of 13 |
| Junior ISA providers | 2 of 14 | 9 of 14 |
Pick Nutmeg if, pick OneFamily if
Pick Nutmeg if offer, trust, and markets matter most.
Pick OneFamily if minimum deposit matter most.
If neither fits
Capital.com has minimum deposit at £20, against £500 for Nutmeg and £25 for OneFamily.
Capital.com reviewWhat we checked
Nutmeg
- nutmeg.com: 5 facts, checked September 26, 2026
- investing-reviews.co.uk: 3 facts, checked September 26, 2026
- register.fca.org.uk: 2 facts, checked September 26, 2026
- compareandinvest.co.uk: 1 fact, checked September 26, 2026
- jpm-personal-investing-marketing.cdn.prismic.io: 1 fact, checked September 26, 2026
OneFamily
- onefamily.com: 8 facts, checked September 26, 2026
Every fact side by side
| Fact | Nutmeg | OneFamily |
|---|---|---|
| Features | Mobile app | Not confirmed |
| Pricing model | Commission free | Not confirmed |
| Legal entity | J.P. Morgan Personal Investing Limited | Family Assurance Friendly Society Limited |
| Headquarters | United Kingdom | Not confirmed |
| Founded | 2012 | Not confirmed |
| Support channels | Email, Chat, Phone, Help centreCovers more | Help centre, Email |
Where each stands against the rest
| Fact | Nutmeg | OneFamily | Median |
|---|---|---|---|
| Minimum deposit | £500highest quarter | £25at the median | £25 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
Median across 16 listed brokers.
Pros and cons
Nutmeg
Pros
- One ongoing charge to read: management fees of 0.25% to 0.75%, with no set-up, trading or exit fees on top.
- Holdings span etfs, funds and stocks, so a managed basket can still cover a wide spread of asset types.
- Regulated by the Financial Conduct Authority, with FSCS protection of FSCS up to GBP 85,000 behind the account.
Cons
- Management fees of 0.25% to 0.75% sit above the robo-adviser median of 0.35%, and the cost rises as the balance grows.
- The opening deposit is £500 and later money goes in from £100 to £500, higher than the robo-adviser median of €60.06.
- The portfolio range is etf, esg and cash only, so there is no crypto or thematic option to tilt towards.
OneFamily
Pros
- Minimum deposit of £25 keeps starting small easy for family saving
- You can hold stocks and funds in the account, so a child account can be invested rather than only held in cash
- Regulated by the Financial Conduct Authority (FCA) in the UK
Cons
- Deposit and withdrawal fees run a government withdrawal charge of a share of the pot on non-qualifying withdrawals, so money taken out early is reduced
- Support runs on help centre and email only, with no phone or live chat route listed
- The account list is lisa and jisa, so there is no general investing or pension account here
Who each suits
Nutmeg
Who it suits
- UK investors who want a managed portfolio inside an ISA or a SIPP and accept a single ongoing charge for the service.
- People who would rather not research individual funds, since the holdings run to etf, esg and cash approaches chosen and held for you.
- Investors who want a phone line as well as written support, since email, chat and phone includes phone, chat, email and a help centre.
Who should look elsewhere
- Anyone starting with a small first payment, since the £500 deposit is well above the robo-advisor lower quartile of €0, and Axos Invest begins at $100 in US dollars.
- Shoppers who want the lowest ongoing charge, since eToro runs a 0% management fee and Vivid Standard charges 0.5% to 1.5%, against Nutmeg's 0.25% to 0.75%.
- Investors who want accounts in US dollars, because Axos Invest takes $100 in dollars while Nutmeg's £100 to £500 sits in pounds.
OneFamily
Who it suits
- Parents building a tax-free pot for a child through a Lifetime ISA
- Parents saving for a child too young to hold an adult account, using a Junior ISA
- Investors who want an FCA-authorised provider behind a small minimum deposit
Who should look elsewhere
- Anyone who may need the money before the account matures, because a government withdrawal charge applies
- Adults wanting a general investing platform, where eToro covers stocks, etfs and forex
- Investors who want to start with no opening payment, since CFI asks for $0 and Vantage for $5
Current offers
Nutmeg
Current offer
Bonus
Earn £100 when you invest £1,000: GBP 100 cash reward
Invest at least £1,000 in one payment into a General Investment Account, Stocks and Shares ISA, Lifetime ISA, Junior ISA or Personal Pension and keep it invested for at least 6 months; new contributions only, transfers excluded; reward paid as unallocated cash within 55 days; new clients only, cannot be combined with other new-client offers
Source, checked September 26, 2026
Country by country
| Country | Nutmeg | OneFamily |
|---|---|---|
| United Kingdom | Yes | Yes |
Questions about each
Nutmeg
What does Nutmeg charge to manage my money?+
The charge is a single management fee of 0.25% to 0.75%, which sits above the robo-adviser median of 0.35% in this group. There are no set-up, trading or exit fees to add on top. Money can go in from £100 to £500, so the cost is a percentage of what you hold rather than a price per deal.
How much do I need to open an account?+
The minimum deposit is £500, and once the account is open money can go in from £100 to £500. That first payment is the step most readers notice, and it sits above the lower quartile of €0 across robo-advisers here.
OneFamily
What is the minimum deposit with OneFamily?+
The minimum deposit is £25, which sits below the site median of €4.64. That keeps it open to families saving modest monthly amounts for a child, rather than demanding a large opening payment before you can begin.
Can I take money out of a OneFamily Lifetime ISA early?+
A government withdrawal charge applies to non-qualifying withdrawals, so any early access reduces the balance. The accounts offered are lisa and jisa, and both are built to be held until the child reaches adulthood, so plan around that rather than treating the pot as spendable.