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? | ||
| Go to Site |
Moneyfarm doesn’t score so well for its costs, which we detail more below.
| | |
| Stocks and shares ISA | ||
| Lifetime ISA (LISA) | ||
| Interest on cash balances | ||
| Keep in mind | Capital at risk | Capital at risk |
| Go to Site |
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
| | |
| Risk assessment quiz | ||
| Number of portfolios on offer | 7 | 5 |
| Ethical portfolios on offer | ||
| Managed portfolios on offer | ||
| Go to Site |
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 |
| Go to Site |
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 |
| Go to Site |
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 | ||
| Go to Site |
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.
Freetrade 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 Freetrade vs HL.
Hargreaves Lansdown and Moneybox are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Moneybox vs Hargreaves Lansdown (HL).
Hargreaves Lansdown and Moneyfarm are both investment platforms with a lot to offer. We compare their features, fees, account types and more – side by side in Moneyfarm vs Hargreaves Lansdown (HL).
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.
Find out how Hargreaves lansdown and Trading 212 compare.
Find out how Hargreaves lansdown and eToro compare.
Both Fidelity and Hargreaves Lansdown offer plenty of options for your investments at a much lower price than some of their competitors.
interactive investor and Hargreaves Lansdown are two established and very similar investment platforms suitable for beginners.
Both of these platforms are suitable for comprehensive investing, with share dealing and trading available while still being suitable for beginners.
Hargreaves Lansdown and Nutmeg are both investment platforms with a lot to offer. We compare their features, costs and products side by side.