Dabbl review

Dabbl aims to make investing easy and jargon-free. Find out what we thought.

Updated

Fact checked
Picture not described

What is Dabbl?

Dabbl is an app that lets you buy shares in brands that you use day-to-day, such as Coca-Cola, Gap and easyJet. Dabbl describes itself as “like Shazam for investing” due to a feature that allows you to identify brands with photos of products that you take within the app. It says its aim is to encourage more people to invest by making investing easy and jargon-free.

Dabbl was originally funded on Seedrs, which is a crowdfunding platform, and seems to have been inspired by the Seedrs approach to losing a letter in your brand name.

Is Dabbl any good?

In general, it’s pretty good. There are potentially some teething issues with the app showing the error message “Cannot connect to server” while you’re using the photo feature or searching for companies, but these are likely to be ironed out in the future.

Prices are relatively low, especially as you are able to “dabble” in investing with pay as you go (PAYG) before committing to a membership fee. Buying UK shares can cost as little as £1 for members and £4 for PAYG users.

The app is bright and minimalist, and is likely to appeal to anyone attracted to the ease of challenger banks offering good functionality without clutter.

How Dabbl works

You can start off by watching companies to keep an eye on how they’re doing. The app keeps track of how the share prices move from the date you started watching them.

If you decide to invest then you have two membership options: pay as you go or member.

Pay as you go

Pay as you go has no monthly cost, but you will spend more on each individual investment. The prices are outlined below.

PAYGUK tradesNon-UK trades
Dabbl Now£7£10
Dabbl Later£4£7

Member

It costs £2 per month to be a member which reduces the costs of individual investments and gives you 3 commission-free trades per month.

MemberUK tradesNon-UK trades
Dabbl Now£5£8
Dabbl Later£1£1

Once you’ve decided to invest in a company, the process is quick and easy.

How you’re charged depends on your membership type and when you want the purchase to be finalised – the options are Dabbl Now and Dabbl Later.

Dabbl Now

Choosing Dabbl Now means that your purchase is finalised instantly. As the information on screen has a 15-minute delay, you are given a real-time price before you proceed with the purchase.

Dabbl Later

Dabbl Later is a cheaper option at £1 for Members per UK investment and £4 for pay as you go users per UK investment. If you opt for Dabbl Later then the transaction goes through at 3pm GMT. If you buy shares after 3pm then the purchase will go through the following day at 3pm. The share price is not locked down, so it can fluctuate throughout the day. You can cancel the purchase before it goes ahead.

Is it safe to use?

Dabbl is authorised and regulated by the Financial Conduct Authority (FCA). All investments are covered up to £50,000 by the Financial Services Compensation Scheme. This means that your investments are covered if Dabbl was to fail.

Investing is always a risk. You could end up with less money than you started with.

How does Dabbl make money?

There are three main ways that Dabbl makes money:

  • Membership fees
  • Charges for buying shares
  • Additional fees, such as for priority payments and telephone trades

Trades are cheaper for members (at a cost of £2 per month). There is an admin charge on all purchases, which is not included in the transaction cost.

Setting up your account and adding money

There are plans to add card payments to the app in the future. For the time being you add money via a bank transfer using a sort code, account number and a reference. Funds take two hours to show on your account.

There’s no minimum amount, so you can start off relatively small before making too much of a commitment. The maximum you can invest is £5,000.

Pros and cons of Dabbl

Pros

  • Photo feature is a nice touch
  • No hidden fees – all charges are laid out on the website
  • Can start small – allows you to dabble without too much commitment

Cons

  • App has a lot of errors
  • No stocks and shares ISA
  • Can’t add funds with a debit card
  • Difficult to compare as the prices are all in different currencies

Our verdict

Dabbl is a low-cost option for investing and allows you to try it out without much commitment. Its photo feature is a nice touch and allows you to find brands with only a photograph of the product. It outlines important information about the companies which allows you to make a more informed decision.

If you’re looking for an investment app that gives you a lot of detail then you may want to consider other options such as opening a stocks and shares ISA or you can check out our guide to the best trading apps.

Compare similar trading platforms

Table: sorted by promoted deals first
Data indicated here is updated regularly
Name Product Price per trade Frequent trader rate Platform fees Brand description
Fineco
£2.95
£2.95
Zero platform fee
Fineco Bank is good for share traders and investors looking for a complete platform and wide offer. Your first 50 trades are free with Fineco, until 30/09/2020. T&Cs apply. Capital at risk.
IG
0% commission on US shares, and £3 on UK shares
From £5
£0 - £24 per quarter
IG is good for experienced traders, and offers learning resources for beginners, all with wide access to shares, ETFs and funds. Capital at risk.
Hargreaves Lansdown Fund and Share Account
£11.95
£5.95
No fees
Hargreaves Lansdown is the UK's number one platform for private investors, with the depth of features you'd expect from an established platform. Capital at risk.
eToro Free Stocks
0% commission, no markup, no ticket fee, no management fee
N/A
Withdrawal fee & GDP to USD deposit conversion
eToro is good for social trading - letting you mirror the portfolios of other traders. Capital at risk. 0% commission but other fees may apply.
Interactive Investor
From £7.99 on the Investor Service Plan
From £7.99 on the Investor Service Plan
No transfer fees or exit fees. £9.99 a month on the Investor Service Plan
Capital at risk.
loading

Compare up to 4 providers

Data indicated here is updated regularly
Name Product Minimum deposit Maximum annual fee Price per trade Brand description
Hargreaves Lansdown stocks and shares ISA
£100
0.45%
£11.95
Hargreaves Lansdown is the UK's biggest wealth manager. It's got everything you'll need, from beginners to experienced investors. Capital at risk.
Interactive Investor stocks and shares ISA
£100 or £25 a month
£119.88
£7.99
Interactive Investor offers everything most investors need. Its flat fees makes it pricey for small portfolios, but cheap for big ones. Capital at risk.
Saxo Markets stocks and shares ISA
No minimum deposit requirement
0.12%
£8.00
Saxo Markets offers a wide access to a range of stocks, ETFs and funds. Capital at risk.
AJ Bell stocks and shares ISA
£500
0.25%
£9.95
AJ Bell is a good all-rounder for people who to choose between shares, funds, ISAs and pensions. Capital at risk.
Fidelity stocks and shares ISA
£1000 or a regular savings plan from £50
0.35%
£10.00
Fidelity is another good all-rounder, offering a good package at a decent price. Not suited for trading shares. Capital at risk.
Nutmeg stocks and shares ISA
£100
0.75%
£0
Nutmeg offers three types of portfolios. Choose the one that goes with your investment style. Capital at risk.
loading

Compare up to 4 providers

Data indicated here is updated regularly
Name Product Minimum investment Choose from Annual fee Brand description
PensionBee Pension
No minimum
7 funds
0.5% - 0.95%
Pension Bee is a newbie in the pension market. It helps consolidate your pension plans into one place. Capital at risk.
Hargreaves Lansdown Pension
£100
2,500 funds
0-0.45%
Hargreaves Lansdown is the UK's biggest wealth manager. It's got three different retirement options. Capital at risk.
Interactive Investor Pension
£25/month
Over 2,500 funds
£10/month
interactive investor is a flat-fee platform, which makes it cost effective for larger portfolios. Capital at risk.
Saxo Markets Pension
Saxo Markets Pension
£10
Over 11,000 funds
No annual fee
Saxo Markets gives flexibility and control over your investment strategy. Capital at risk.
AJ Bell Pension
£1,000
Over 2,000 funds
0.05-0.25%
AJ Bell has two different pension options, a self managed pension and one that is managed for you. Capital at risk.
Moneybox Pension
£1
3 funds
0.15% - 0.45% charged monthly
Manage your money with an easy-to-use Moneybox app. Capital at risk.
Moneyfarm Pension
Moneyfarm Pension
0.35%-0.75%
7 funds
£1,500 (initial investment)
Moneyfarm has pensions that are matched against your risk appetite, goals and planned retirement date. Capital at risk.
loading

Compare up to 4 providers

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. Capital is at risk.

Frequently asked questions

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site