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.
Dodl was created by AJ Bell and has a set of ready-made portfolios to compete with Moneybox. We’ve put the 2 apps against each other to find out whether Dodl is better than Moneybox.
As Moneybox offers only robo-advice (compared with Dodl’s additional investment options), we’re only comparing the robo-advisor capabilities of these two providers. We’ve compared the products available, the portfolios on offer, fees, features and learning resources of both platforms.
Dodl vs Moneybox: Vital statistics
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| Finder Score | 8.1Great | 8.3Great |
| Customer satisfaction survey | ★★★★★ | ★★★★★ |
| Fees score | 9.2Excellent | 8.8Great |
| Stocks and shares ISA available? | ||
| FSCS protected? |
Round 1: Products
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| 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 |
Both Dodl and Moneybox let you invest in a stocks and shares ISA, a self-invested personal pension (SIPP), or a Lifetime ISA (LISA). The LISA lets you save up to £4,000 each tax year for your first home or for retirement. The government contributes £1,000 for every £4,000 invested.
Winner: Tie
Round 2: Portfolios
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| Portfolios rating | ★★★★★ | |
| Risk assessment quiz | ||
| Number of portfolios on offer | 7 | 3 |
| Ethical portfolios on offer | ||
| Managed portfolios on offer |
Winner: Dodl
Round 3: Costs
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| Fees score | 9.2Excellent | 8.8Great |
| Annual cost of investing £10,000 | £15.00 | £87.00 |
| Annual cost of investing £100,000 | £150.00 | £762.00 |
| Annual cost of investing £1m | £1500.00 | £7,512.00 |
Winner: Dodl
Round 4: Features
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| 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 |
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: Moneybox
Round 5: Learning resources
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| Resources rating | ★★★★★ | ★★★★★ |
| Guides | ||
| Videos and walkthroughs | ||
| In-depth learning tools (training courses, etc.) | ||
| Demo account | ||
| Advice |
Neither platform offers advice, but Moneybox has started to offer Mortgage advice.
Winner: Dodl
Our verdict: Is Dodl better than Moneybox?
Both Moneybox and Dodl have really great ready-made offerings for beginners, but Dodl came out better for fees and learning resources, and had a larger choice of portfolios available to invest in, so we think it just slightly works out better than Moneybox for beginners looking at investing in ready-made portfolios.
Moneybox has started to offer mortgages and free mortgage advice, so it may be the better choice for you if you’re saving for your first home. Meanwhile, Dodl has a range of shares and themed investments available to invest in, if you want to graduate to building your own portfolio down the line.
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