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.
Tradu recently launched in the UK. Find out what Finder’s investing expert thought when testing and using the trading platform
Commission-free share-trading app Robinhood has launched in the UK. Our investing expert tried it out – find out the pros and cons.
Find out about the features, fees, and much more in our expert review of the commission-free XTB trading platform.
The Lightyear app is a cheap option for investing in stocks and ETFs with a free stocks and shares ISA. We look and see if there are any catches.
We review the features and costs of Trading 212, an investment platform designed to teach you about investing and lets you buy shares with zero fees.
Our IG review looks at the features, customer reviews, fees, learning resources and some pros and cons of IG’s platform.
We took a look at interactive investor to find out about its products, features, fees and app. Read our guide to get the full scoop about this investing platform.
Online trading giant eToro lets you buy stocks with no commission, but is it the best option for traders and investors?
The Freetrade app lets you buy and sell UK, US, and EU stocks with minimal fees. We look under the bonnet to find out whether there are any catches.
Hargreaves Lansdown is the UK’s biggest and most comprehensive wealth manager, so it’s not the cheapest. We cover everything in this review.