Updated September 28, 2026 · SumCue Editorial Team
Dodl vs InvestEngine
Dodl
Higher score in this comparison
InvestEngine
Dodl vs InvestEngine: the differences
| Compare | DodlReviewSee alternativesSee alternatives | InvestEngineReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £25Lower | £100 |
| Markets | Stocks, ETFs, FundsCovers more | ETFs |
| Regulators | Financial Conduct Authority | Financial Conduct Authority (FCA) |
| Deposit and withdrawal fees | free deposits and withdrawals | Free |
| Platforms | Dodl app | Web, iOS, Android |
| Account types | ISA, SIPP, Lisa | ISA, SIPP, Corporate |
| Interest on cash | 3.8%Higher | 0% |
| Account fee | Not confirmed | £0 |
| Currency conversion fee | 0.75% | Not confirmed |
Same on both: Stock trade fee (£0), Investor protection (FSCS up to GBP 85,000).
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
- Dodl scores higher overall: 8.8 vs 8.7.
- Regulators: only Dodl offers Financial Conduct Authority.
- Regulators: only InvestEngine offers Financial Conduct Authority (FCA).
- Minimum deposit is lower at Dodl: £25 vs £100.
- Markets: only Dodl offers Stocks, Funds.
- Platforms: only Dodl offers Dodl app.
- Platforms: only InvestEngine offers Web, iOS, Android.
- Account types: only Dodl offers Lisa.
- Account types: only InvestEngine offers Corporate.
- Interest on cash is higher at Dodl: 3.8% vs 0%.
Our verdict on each
Dodl
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.
InvestEngine
InvestEngine suits UK beginners who want a small, set-and-forget ETF pot with nothing charged for holding or trading. The account fee is £0, the minimum deposit is £100 and the only recurring charge is a management fee of 0.25%. The trade-off is that you hold ETFs and nothing else.
Score breakdown
| Area | Dodl | InvestEngine |
|---|---|---|
| Cost | 8.9 | 9.0Higher |
| Offer | 9.2HigherA £25 entry point, 0.75% on currency conversion and commission free and low fees dealing across the ISA, SIPP and LISA. | 8.8Account fee of £0, stock trade fee of £0 and a minimum deposit of £100. |
| Trust | 8.6Higher | 8.3 |
Availability and regulation
| Country | Dodl | InvestEngine |
|---|---|---|
| United Kingdom |
Available in 1 country for both.
What each covers
| Markets | Dodl | InvestEngine |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | Yes |
| Funds | Yes | No |
| Account types | Dodl | InvestEngine |
|---|---|---|
| ISA | Yes | Yes |
| SIPP | Yes | Yes |
| Corporate | No | Yes |
| Lisa | Yes | No |
Also worth a look
iuvoSAVE has interest on cash at 5% to 7%, against 3.8% for Dodl and 0% for InvestEngine.
iuvoSAVE reviewHow they place
| Ranking | Dodl | InvestEngine |
|---|---|---|
| Investing | 268 of 654 | 298 of 654 |
| Stock and ETF brokers | 194 of 358 | 217 of 358 |
| Stocks and shares ISAs | 10 of 25 | 15 of 25 |
| Pensions and SIPPs | 7 of 23 | 11 of 23 |
Every fact side by side
| Fact | Dodl | InvestEngine |
|---|---|---|
| Features | Mobile app | Fractional shares, Mobile appCovers more |
| Pricing model | Commission free, Low feesCovers more | Commission free |
| Audience | Beginners | Beginners |
| Legal entity | AJ Bell | InvestEngine (UK) Limited |
| Headquarters | Not confirmed | United Kingdom |
| Founded | Not confirmed | 2019 |
| Support channels | Email, Chat, Help centreCovers more | Email, Help centre |
Robo-advisors
| Fact | Dodl | InvestEngine |
|---|---|---|
| Management fee | Not confirmed | 0.25% |
| Minimum investment | Not confirmed | £1 |
| Portfolio types | Not confirmed | ETF |
Where each stands against the rest
| Fact | Dodl | InvestEngine | Median |
|---|---|---|---|
| Minimum deposit | £25above the median | £100above the median | £15 |
| Stock trade fee | £0at the median | £0at the median | £0 |
| Account fee | Not confirmed | £0at the median | £0 |
| Currency conversion fee | 0.75%above the median | Not confirmed | 0.4% |
| Interest on cash | 3.8%highest quarter | 0%lowest quarter | 2.875% |
Median across 77 listed providers.
Pros and cons
Dodl
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.
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.
InvestEngine
Pros
- No account fee at £0 and no stock trade fee at £0
- Fractional shares and a mobile app let you invest small amounts regularly
- Choose from ISA, SIPP and corporate accounts
Cons
- A management fee of 0.25% still applies, unlike a free commission-free brokerage
- Markets are limited to ETFs, so individual shares are not an option
- Support runs on email and help centre only, with no phone line
Who each suits
Dodl
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.
InvestEngine
Who it suits
- Beginners who want to start small and add to the same pot each month
- Savers putting money into an ISA or SIPP for the long term
- Anyone who would rather hold a diversified basket than pick single shares
Who should look elsewhere
- Traders who want to buy and sell individual shares
- Anyone who wants to speak to support by phone, since support runs on email and help centre only
Country by country
| Country | Dodl | InvestEngine |
|---|---|---|
| United Kingdom | Yes | Yes |
Questions about each
Dodl
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.
InvestEngine
What does it cost to hold an InvestEngine account?+
The account fee is £0 and the stock trade fee is £0, so there is nothing charged for keeping the account open or for dealing. The one recurring cost is a management fee of 0.25% on the money you hold. Deposits and withdrawals are free.
What is the smallest amount I can invest?+
The minimum deposit is £100, and the smallest investment the platform advertises is £1. Fractional shares are supported, so you can hold a slice of a fund rather than a whole unit. That keeps the starting point low even though the opening deposit is set higher than at many rivals.
Other options to compare
Other matchups
Dodl
InvestEngine