Dodl is an investment app from the AJ Bell team. It has a range of ready-made portfolios on offer, similar to the offering that Moneyfarm has got, but also some extra investing options.
We’ve put the 2 apps head to head to find out whether Dodl is better than Moneyfarm. As Moneyfarm offers only a robo-advisor service (compared with Dodl’s additional investment options), we’re only comparing the robo-advisor capabilities of these providers. We’ve compared the products available, portfolios on offer, fees, features, and learning resources of both platforms.
 |  | |
| Finder Score | 8.1Great | 7.6Great |
| Customer satisfaction survey | ★★★★★ | ★★★★★ |
| Fees score | 9.2Excellent | 6.7Standard |
| Stocks and shares ISA available? | ||
| FSCS protected? | ||
| More info | Go to site More info |
Moneyfarm doesn’t score so well for its costs, which we detail more below.
| | |
| General investment account | ||
| Stocks and shares ISA | ||
| Lifetime ISA (LISA) | ||
| Pension (SIPP) | ||
| Junior ISA (JISA)/Junior SIPP (JSIPP) | ||
| Interest on cash balances | ||
| Keep in mind | Capital at risk | Capital at risk |
| More info | Go to site More info |
Both Dodl and Moneyfarm let you invest in a stocks and shares ISA and a self-invested personal pension (SIPP). Dodl also lets you invest in a Lifetime ISA (LISA), which lets you save up to £4,000 each tax year for your first home or for retirement. The government contributes an additional 25% up to a maximum of £1,000.
Winner: Dodl
| | |
| Portfolios rating | ★★★★★ | |
| Risk assessment quiz | ||
| Number of portfolios on offer | 7 | 5 |
| Ethical portfolios on offer | ||
| Managed portfolios on offer | ||
| More info | Go to site More info |
Both Dodl and Moneyfarm offer 7 different ready-made portfolios, but only Dodl has an ethical option. Moneyfarm has a handy little risk-assessment quiz that can help you find out which portfolio suits your risk profile best. All portfolios are fully managed with both providers.
We’re calling Dodl the winner here, as we believe that all providers should have a socially responsible option, given the current popularity in these types of funds.
Winner: Dodl
| | |
| Fees score | 9.2Excellent | 6.7Standard |
| Annual cost of investing £10,000 | £15.00 | £104.00 |
| Annual cost of investing £100,000 | £150.00 | £640.00 |
| Annual cost of investing £1m | £1500.00 | £6,400.00 |
| More info | Go to site More info |
Winner: Dodl
| | |
| Features score | 5Standard | 6.7Standard |
| Desktop or web access | ||
| iPhone app | ||
| Android app | ||
| In-app news and research | ||
| In-app top-up | ||
| Keep in mind | Capital at risk | Capital at risk |
| More info | Go to site More info |
The graphs in Dodl are pretty nice – you can select a part of the graph and it tells you the price and the date, so they’re more interactive than other apps we’ve reviewed.
Winner: Moneyfarm
| | |
| Resources rating | ★★★★★ | ★★★★★ |
| Guides | ||
| Videos and walkthroughs | ||
| In-depth learning tools (training courses, etc.) | ||
| Demo account | ||
| Advice | ||
| More info | Go to site More info |
In terms of learning resources, Moneyfarm scores higher than Dodl, as it has videos and walkthroughs to help you learn about investing. We still like Dodl’s approach — it’s got a “learn” tab on the app with guides and in-depth tools that can help you get started, which we think is vital for a beginner investment platform.
Moneyfarm offers financial advice at a cost, if you require it.
Winner: Moneyfarm
Dodl and Moneyfarm might have similar offerings, but they’re very different. Dodl is definitely more beginner friendly, with some hand-holding monsters that help you along the way. Moneyfarm is a little more sophisticated, but still only has ready-made portfolios to choose between. Dodl scored better for more categories, so it comes out on top, but which one you choose will depend on what you’re looking for.
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Trading 212 and interactive investor (ii) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Trading 212 vs ii.
Vanguard and interactive investor (ii) are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in interactive investor (ii) vs Vanguard UK.
Vanguard and Hargreaves Lansdown (HL) are both investment platforms with a lot to offer. We compare their fees, features, account types and more – side by side in Hargreaves Lansdown vs Vanguard UK.
Vanguard and InvestEngine are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in InvestEngine vs Vanguard.
Vanguard and AJ Bell are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in AJ Bell vs Vanguard.
Nutmeg and Vanguard are both investment platforms with a lot to offer. We compare their fees, features, account types and more – side by side in Vanguard vs Nutmeg.
Fidelity and Vanguard are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Fidelity vs Vanguard UK.
AJ Bell and Hargreaves Lansdown are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in AJ Bell vs HL.
Find out about the features, fees, and much more in our expert review of the commission-free XTB trading platform.
Hargreaves Lansdown is the UK’s biggest and most comprehensive wealth manager, so it’s not the cheapest. We cover everything in this review.