Updated September 28, 2026 · SumCue Editorial Team
AJ Bell vs Raisin
AJ Bell
Raisin
Higher score in this comparison
AJ Bell vs Raisin: the differences
| Compare | AJ BellReviewSee alternativesSee alternatives | RaisinReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £25Lower | £100 |
| Account fee | £3.50 | £0Lower |
| Regulators | Financial Conduct Authority (FCA) | Bezirksamt Friedrichshain Kreuzberg (financial investment intermediary register, registration D F 107 QQ43 76) |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Account types | ISA, SIPP, Lisa, JisaCovers more | ISA |
| Stock trade fee | £5 | Not confirmed |
| Markets | Stocks, ETFs, Bonds, Funds | Not confirmed |
| Currency conversion fee | 0.75% | Not confirmed |
| Deposit and withdrawal fees | Free withdrawals | Not confirmed |
| Platforms | Web platform, Mobile app | Not confirmed |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Raisin scores higher overall: 8.8 vs 8.7.
- Regulators: only AJ Bell offers Financial Conduct Authority (FCA).
- Regulators: only Raisin offers Bezirksamt Friedrichshain Kreuzberg (financial investment intermediary register, registration D F 107 QQ43 76).
- Raisin is available in 9 more countries.
- Minimum deposit is lower at AJ Bell: £25 vs £100.
- Account fee is lower at Raisin: £0 vs £3.50.
- Account types: only AJ Bell offers SIPP, Lisa, Jisa.
- Support channels: only AJ Bell offers Chat.
- Support channels: only Raisin offers Phone, Email.
- Pricing model: only AJ Bell offers Low fees.
Our verdict on each
AJ Bell
AJ Bell suits UK savers who want a dealing platform, a pension and a tax wrapped account in the same place, with stated protection of FSCS up to GBP 85,000 for careful planners. The per-deal charge of £5 makes it a weaker fit for frequent traders.
Raisin
Raisin is a savings marketplace with an easy-access account, an ISA and no monthly charge, so it suits UK savers who want one place to hold cash. Its headline rate of 4.15% sits above the 3% median across the site, and the minimum deposit starts at £100.
Score breakdown
| Area | AJ Bell | Raisin |
|---|---|---|
| Cost | 8.5 | 8.8HigherAccount fee and monthly fee are £0 and £0, and the headline rate of 4.15% sits above the site median of 3%. |
| Offer | 9.2Higher | 8.9 |
| Trust | 8.6 | 8.7Higher |
Which one suits you
Pick AJ Bell if offer, minimum deposit, and account types matter most.
Pick Raisin if cost and account fee matter most.
What each covers
| Account types | AJ Bell | Raisin |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | No |
| Lisa | Yes | No |
| Jisa | Yes | No |
How they place
| Ranking | AJ Bell | Raisin |
|---|---|---|
| Investing | 293 of 654 | 280 of 654 |
| Stocks and shares ISAs | 14 of 25 | 12 of 25 |
Every fact side by side
| Fact | AJ Bell | Raisin |
|---|---|---|
| Features | Mobile app | Not confirmed |
| Pricing model | Low fees | No monthly fee |
| Legal entity | AJ Bell | Raisin SE |
| Headquarters | United Kingdom | Germany |
| Founded | Not confirmed | 2012 |
| Support channels | Chat, Help centre | Phone, Email, Help centre |
Savings
| Fact | AJ Bell | Raisin |
|---|---|---|
| Headline rate | Not confirmed | 4.15% |
| Rate type | Not confirmed | Variable |
| Deposit protection | Not confirmed | FSCS up to GBP 85,000 |
| Access terms | Not confirmed | Easy access savings account on the Raisin UK marketplace: top up and withdraw at your convenience, no fixed term |
| Monthly fee | Not confirmed | £0 |
| Account kind | Not confirmed | Easy access |
Robo-advisors
| Fact | AJ Bell | Raisin |
|---|---|---|
| Management fee | Not confirmed | 0% |
| Minimum investment | Not confirmed | $1 |
| Portfolio types | Not confirmed | Cash |
Where each stands against the rest
| Fact | AJ Bell | Raisin | Median |
|---|---|---|---|
| Minimum deposit | £25above the median | £100above the median | £15 |
| Stock trade fee | £5highest quarter | Not confirmed | £0 |
| Account fee | £3.50above the median | £0at the median | £0 |
| Currency conversion fee | 0.75%above the median | Not confirmed | 0.4% |
Median across 77 listed providers.
Pros and cons
AJ Bell
Pros
- The account fee of £3.50 is a set figure on the dealing account, which makes the holding cost easy to budget.
- You can open an account from a minimum deposit of £25, a small opening balance for a dealing platform.
- The accounts listed as isa, sipp and lisa mean an individual savings account, a pension, a lifetime account and a junior account all sit with the same provider.
Cons
- Each deal costs £5, so the platform punishes anyone who trades often rather than holds.
- Support runs on chat and help centre only, so anyone who wants a phone line will not find one here.
- Currency conversion adds 0.75% on top of the dealing charge, so a global portfolio carries a further, quieter cost.
Raisin
Pros
- The account fee and monthly fee are £0 and £0, so holding cash costs nothing
- The headline rate of 4.15% is above the site median of 3%
- The account is easy access, so you can top up and withdraw with no fixed term
Cons
- Protection on investments is EU ICS up to EUR 20,000, well below the FSCS up to GBP 85,000 that covers savings
- The rate is variable, so the headline figure can move
- The minimum deposit of £100 is above the €0.88 median across the site
Who each suits
AJ Bell
Who it suits
- Savers who want a dealing account and a pension under the same regulated firm, since the accounts listed as isa, sipp and lisa cover the main UK wrappers.
- People who plan to hold rather than trade often, because the per-deal charge of £5 works against frequent dealing.
- Investors who put weight on UK oversight and a stated protection limit, given Financial Conduct Authority (FCA) and FSCS up to GBP 85,000.
Who should look elsewhere
- Anyone starting with a smaller sum than £25, where CFI lists a minimum deposit of $0.
- People who want a phone conversation with support, since help here runs on chat and help centre only; bunq suits those after a bank relationship rather than a dealing platform.
- Anyone whose need is borrowing rather than investing, where Fiesta Credito MX sits under CONDUSEF in a different market.
Raisin
Who it suits
- UK savers who want a variable rate and no monthly charge
- Anyone holding an ISA who values easy access over a fixed term
- Savers comfortable choosing a marketplace rather than a single bank's savings account
Who should look elsewhere
- Vantage or eToro readers who want to pick and trade investments rather than hold savings
- Vivid Plus readers who want a multi-currency account with a card
- Anyone whose balance sits above the protection on investments
Current offers
Raisin
Current offer
Bonus
Earn up to $1,000 cash bonus: up to $1,000
New customers only, qualifying balances, code STACK
Source, checked September 26, 2026
Country by country
| Country | AJ Bell | Raisin |
|---|---|---|
| Austria | No | Yes |
| Finland | No | Yes |
| France | No | Yes |
| Germany | No | Yes |
| Ireland | No | Yes |
| Netherlands | No | Yes |
| Poland | No | Yes |
| Spain | No | Yes |
8 of 10 countries where either is available.
Questions about each
AJ Bell
What does it cost to open and run an account?+
You need a minimum deposit of £25 to get going, which is a small opening balance for a dealing account. After that the account itself costs £3.50, and each deal you place costs £5. Add 0.75% if you convert pounds into another currency, and keep in mind that frequent trading is where a per-deal charge adds up fastest.
Is my money protected at AJ Bell?+
Your money sits with a firm regulated by Financial Conduct Authority (FCA), the UK regulator, and the stated investor protection is FSCS up to GBP 85,000. That figure is the ceiling on what the protection scheme pays if the firm fails, not a return on your investments, so a fall in the value of your holdings is not covered by it. Account opening and dealing happen under the same firm.
Raisin
What rate does Raisin pay on its easy-access savings account?+
The easy-access account pays a variable rate of 4.15%. Because the rate type is variable, that figure can change, so the headline number is a starting point rather than a promise. The account carries no fixed term.
Is there any monthly or account fee at Raisin?+
No. The account fee is £0 and the monthly fee is £0, so there is no monthly charge on the easy-access account. The account kind is easy access, which suits a no monthly fee model.
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