Dodl review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Dodl suits UK beginners who want a low-cost way into markets without a dealing desk. It runs an ISA, SIPP and LISA in one app, charges £0 to trade shares, and answers to the Financial Conduct Authority with investor protection of FSCS up to GBP 85,000, so getting started is cheap.
Key facts
- Best for
- Commission-free app investing for UK beginners, with an ISA, SIPP and LISA in one place.
- Minimum deposit
- £25↗
- Stock trade fee
- £0↗
- Markets
- Stocks, ETFs, Funds↗
- Regulators
- Financial Conduct Authority↗
- Investor protection
- FSCS up to GBP 85,000↗
- Currency conversion fee
- 0.75%↗
- Deposit and withdrawal fees
- free deposits and withdrawals↗
- Platforms
- Dodl app↗
- Account types
- ISA, SIPP, Lisa↗
- Interest on cash
- 3.8%↗
- Legal entity
- AJ Bell↗
- Support channels
- Email, Chat, Help-centre↗
- Features
- Mobile app
- Pricing model
- Commission-free, Low fees
- Audience
- Beginners
- Official website
- dodl.co.uk
Facts checked September 26, 2026, 5 sources
Apps and profiles
- Elsewhere
- Xfacebook.cominstagram.comtiktok.com
Pros and cons
Pros
- Commission-free dealing: £0 to buy or sell shares, with free deposits and withdrawals either side of the balance.
- An ISA, SIPP and LISA sit alongside stocks, etfs and funds in a single app, so wrappers and dealing stay in one place.
- Regulated by the Financial Conduct Authority, with investor protection of FSCS up to GBP 85,000.
- Cash waiting to be invested earns 3.8%, so an uninvested balance is not idle.
- On stock trade fees, position 1 of 166 brands ranked on that measure.
Cons
- Foreign exchange costs 0.75%, so currency conversion is the charge that bites anyone buying shares outside sterling.
- Help runs on email, chat and help centre, with no phone route among them, so a complex dispute has to be put in writing.
- The market list is stocks, etfs and funds, which leaves out bonds, commodities and currency pairs.
- The minimum deposit of £25 ranks position 131 of 218, so a smaller opening amount is available elsewhere.
Who it suits
- Beginners in the UK who want their first ISA or SIPP and do not want commission on a share dealing.
- Investors who keep a cash buffer alongside a portfolio and want interest on the part that is not invested.
- Pension savers who prefer one app for the SIPP, the ISA and the general account rather than several providers.
Who should look elsewhere
- Forex traders, who should look at CFI: it opens from a $0 minimum, and currency markets sit outside the stocks, etfs and funds on offer here.
- Anyone after a euro bank account rather than a UK wrapper: bunq's minimum deposit is €10, and that product sits outside the isa, sipp and lisa range here.
- Readers after credit rather than investments: Fiesta Credito MX is supervised by CONDUSEF, a different market from the Financial Conduct Authority's.
Safety of your money
Dodl is regulated by the Financial Conduct Authority, the regulator named on its licence and the only one listed. That matters because a UK investment platform has to meet the same conduct rules whatever it charges, so commission-free dealing does not mean a lighter standard. Investor protection comes through the FSCS: FSCS up to GBP 85,000. The scheme is a backstop on the firm rather than a floor under a portfolio, and it does not change what happens when a share price drops. Protection of the money and investment risk are separate, and both apply here.
Where it sits among rivals
Two rankings tell the story. On minimum deposit, Dodl sits at position 131 of 218 brands, which is mid-field rather than the smallest entry on the market. On stock trade fees it sits at position 1 of 166, the stronger of the two positions. The pattern to weigh is that Dodl competes on what a trade costs rather than on what it takes to open the account. Judge it on the dealing fee and it sits at the front of the field; judge it on the entry amount alone and it does not.
Markets and platforms
The market list is stocks, etfs and funds, the core of a UK retail portfolio and nothing wider. Bonds, commodities and currency pairs are not on it, which keeps the app simple and draws a sensible line for a first account, but it does mean a gilt holder or a trader of overseas assets needs another provider. Everything runs through the Dodl app, with mobile app the platform listed, so the app is the route into an account rather than one option among several. The wrappers available are isa, sipp and lisa, so the tax-sheltered option is there from the start.
Fees and currency costs
Dealing costs £0 to buy or sell shares, and the same rate applies across the ISA, SIPP and LISA accounts, with no commission layered on top. Opening an account starts at £25, and free deposits and withdrawals means no charge sits on either side of the balance. The charge that matters is currency conversion: foreign exchange costs 0.75% on anything bought outside sterling, so a small purchase of US shares can cost more in conversion than in dealing. For a UK-only portfolio the whole cost of a trade is £0 and nothing else.
Who runs it
Dodl is the brand, and the legal entity behind the accounts is AJ Bell, the name that appears on the paperwork rather than on the app icon. Anyone checking who holds their money needs that name, not the brand they recognise. Support runs on email, chat and help centre, so help arrives in writing: the help centre covers the mechanics, chat and email take the questions. There is no branch to visit, which suits people happy to start and stay in the app. Anyone who prefers to argue a complex point over the phone will find this narrower than a high-street provider.
How Dodl compares
8.8 vs 9.4
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8.8 vs 8.3
8.8 vs 8.5
8.8 vs 9.4
8.8 vs 9.3
8.8 vs 8.7
Dodl vs eToro8.8 vs 9.2
8.8 vs 8.7
8.8 vs 8.6
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.0
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.2
8.8 vs 9.1
8.8 vs 9.0
8.8 vs 9.0
8.8 vs 9.0
8.8 vs 9.0
8.8 vs 8.8
Where Dodl is available
- Available
- United Kingdom
- Licence in United Kingdom
- Financial Conduct Authority, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to trade shares at Dodl?+
Dealing is commission free: £0 to buy or sell shares, and the same rate on the ISA, SIPP and LISA accounts. commission free and low fees describes the pricing. That dealing fee puts Dodl at position 1 of 166 brands ranked on stock trade fees on this site.
How much do I need to open an account?+
The minimum deposit is £25, low enough to start with a small amount and add to it later. On this site that ranks position 131 of 218 brands on minimum deposit, so it sits in the middle of the field rather than at the bottom of it.
Is my money protected and who regulates Dodl?+
Dodl is regulated by the Financial Conduct Authority, the only regulator named on its licence. Investor protection runs through the FSCS: FSCS up to GBP 85,000. The scheme is a backstop on the firm rather than a cushion against a falling market, so protection of the money and investment risk are two separate considerations.
What do I pay to buy shares in another currency?+
Foreign exchange costs 0.75% on a conversion, which is the fee that matters for anyone buying US-listed shares. The middle figure across the investing listings here is 0.38%, which puts Dodl above that midpoint. On a small order the conversion cost outweighs the £0 dealing fee.
Are deposits and withdrawals charged?+
free deposits and withdrawals, so no charge sits on either side of the balance. That matters for an ISA topped up in small amounts through the year, since the round trip costs nothing. Money can move in and out of the account without a dealing-style fee eating into the amount invested.
What can I actually invest in?+
The market list is stocks, etfs and funds, which covers the core of a UK retail portfolio. Bonds are the notable gap: they appear on 33.1% of the investing brands compared here but not on this list. There is no option trading or spread betting either, so the account is built for holding rather than trading.
Which account types can I open, and where?+
Three wrappers are available: isa, sipp and lisa. All of it runs through the Dodl app, with mobile app the platform listed, so dealing, wrappers and portfolio viewing sit in the same place. There is no separate web or desktop route to manage, which suits a first account held in one app.
How do I get help if something goes wrong?+
Support runs on email, chat and help centre, so help is written: the help centre for the mechanics, chat and email for questions. Phone is available on 74.4% of the brands on this site but is not among Dodl's channels. A complex trading dispute therefore has to be raised in writing and kept on record.
How much of my money can I lose?+
Investing in shares can lose value, and a falling market is not covered by the protection scheme. Across the brokers compared here the middle retail loss rate is 70.15%. The stocks, etfs and funds list suits longer-term holdings, so treat that figure as a reason to size positions carefully rather than a reason to avoid the account.
Sources
- dodl.co.uk checked September 26, 2026
Backs: Interest on cash, Features, Minimum deposit, Platforms
“earn 3.80% AER variable interest on cash in your account”
- dodl.co.uk/about checked September 26, 2026
Backs: Audience, Investor protection, Legal entity, Markets, Regulators, Support channels, Licences
“Never invested before? Dodl makes it feel easy”
- dodl.co.uk/charges checked September 26, 2026
Backs: Account types, Deposit and withdrawal fees
“same for every Dodl account, be it an investment ISA, Lifetime ISA, pension or general investment account”
- help.dodl.co.uk/en/articles/5830554-what-are-dodl-s-charges checked September 26, 2026
Backs: Pricing model, Stock trade fee
“There are no dealing charges on Dodl to buy and sell your investments”
- help.dodl.co.uk/en/articles/6655200-what-are-foreign-exch... checked September 26, 2026
Backs: Currency conversion fee
“The FX charge to buy or sell US shares is tiered: First £10,000 0.75%”
Compiled from 5 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Account fee, Inactivity fee, Retail accounts that lose money.
Dodl
Commission-free app investing for UK beginners, with an ISA, SIPP and LISA in one place.