Updated September 28, 2026 · SumCue Editorial Team
InvestEngine vs Wealthify
InvestEngine
Higher score in this comparison
Wealthify
Where InvestEngine and Wealthify differ
| Compare | InvestEngineReviewSee alternativesSee alternatives | WealthifyReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | £100Lower | £1,000 |
| Markets | ETFs | Stocks, ETFs, Bonds, FundsCovers more |
| Regulators | Financial Conduct Authority (FCA) | Financial Conduct Authority |
| Deposit and withdrawal fees | Free | No fees for deposits, withdrawals or transfers |
| Platforms | Web, iOS, Android | Web, iOS app, Android app |
| Account types | ISA, SIPP, CorporateCovers more | ISA, SIPP |
| Stock trade fee | £0 | Not confirmed |
| Account fee | £0 | Not confirmed |
| Interest on cash | 0% | Not confirmed |
Same on both: 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
- Regulators: only InvestEngine offers Financial Conduct Authority (FCA).
- Regulators: only Wealthify offers Financial Conduct Authority.
- Founded is lower at Wealthify: 2016 vs 2019.
- Minimum deposit is lower at InvestEngine: £100 vs £1,000.
- Markets: only Wealthify offers Stocks, Bonds, Funds.
- Platforms: only InvestEngine offers iOS, Android.
- Platforms: only Wealthify offers iOS app, Android app.
- Account types: only InvestEngine offers Corporate.
- Support channels: only Wealthify offers Chat, Phone.
- Features: only InvestEngine offers Fractional shares.
Our verdict on each
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.
Wealthify
Wealthify is a straightforward robo-advisor for beginners who want a pension or ISA built for them and left alone. Cost is the weak point: a £1,000 deposit and a £1,000 to £5,000 minimum investment leave it at 68 of 82 on our data.
Score breakdown
| Area | InvestEngine | Wealthify |
|---|---|---|
| Cost | 9.0Higher | 8.5 |
| Offer | 8.8Account fee of £0, stock trade fee of £0 and a minimum deposit of £100. | 9.2Higher |
| Trust | 8.3 | 8.5Higher |
Where they rank in our lists
| Ranking | InvestEngine | Wealthify |
|---|---|---|
| Investing | 298 of 654 | 306 of 654 |
| Stock and ETF brokers | 217 of 358 | 222 of 358 |
| Robo-advisors | 92 of 154 | 96 of 154 |
| Stocks and shares ISAs | 15 of 25 | 16 of 25 |
| Pensions and SIPPs | 11 of 23 | 12 of 23 |
Licences and countries
| Country | InvestEngine | Wealthify |
|---|---|---|
| United Kingdom | Not confirmed |
Available in 1 country for both.
What we checked
InvestEngine
- investengine.com: 10 facts, checked September 26, 2026
- blog.investengine.com: 2 facts, checked September 26, 2026
- help.investengine.com: 1 fact, checked September 26, 2026
Wealthify
- wealthify.com: 12 facts, checked September 26, 2026
Every fact side by side
| Fact | InvestEngine | Wealthify |
|---|---|---|
| Features | Fractional shares, Mobile appCovers more | Mobile app |
| Pricing model | Commission free | Low fees |
| Audience | Beginners | Beginners |
| Legal entity | InvestEngine (UK) Limited | Wealthify Limited |
| Headquarters | United Kingdom | United Kingdom |
| Founded | 2019 | 2016Lower |
| Support channels | Email, Help centre | Email, Chat, Phone, Help centreCovers more |
Robo-advisors
| Fact | InvestEngine | Wealthify |
|---|---|---|
| Management fee | 0.25%Lower | 0.6% |
| Minimum investment | £1Lower | £1,000 to £5,000 |
| Portfolio types | ETF | ESG, Cash |
Where each stands against the rest
| Fact | InvestEngine | Wealthify | Median |
|---|---|---|---|
| Minimum deposit | £100above the median | £1,000highest quarter | £15 |
| Stock trade fee | £0at the median | Not confirmed | £0 |
| Account fee | £0at the median | Not confirmed | £0 |
| Interest on cash | 0%lowest quarter | Not confirmed | 2.875% |
Median across 44 listed providers.
Pros and cons
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
Wealthify
Pros
- Deposits, withdrawals and transfers are free of charge, so moving money in and out adds nothing to the cost of holding a portfolio.
- Support runs on email, chat and phone, so help is available by phone and chat as well as in writing.
- The account range covers an ISA and a SIPP: isa and sipp, the two wrappers most UK first time savers open first.
Cons
- The 0.6% management fee is above the 0% listed for eToro and the 0% listed for Empower Personal Dashboard.
- A £1,000 deposit and a £1,000 to £5,000 minimum investment put the starting point far above the $100 at Axos Invest.
- Account choice is narrow: isa and sipp is the full list, so there is no general investment account for money held outside a tax wrapper.
Who each suits
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
Wealthify
Who it suits
- Beginners who want the picking done for them: the stated audience is beginners.
- Savers putting money into an ISA or a pension: isa and sipp.
- People who want help by phone rather than by message alone: email, chat and phone.
Who should look elsewhere
- Anyone starting with a small sum, because the £1,000 to £5,000 minimum investment is far above the $100 at Axos Invest.
- Readers who weigh only ongoing cost, since 0.6% is above the 0% at eToro and the 0% at Empower Personal Dashboard.
Country by country
| Country | InvestEngine | Wealthify |
|---|---|---|
| United Kingdom | Yes | Yes |
Questions about each
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.
Wealthify
What does it cost to run an account with Wealthify?+
The headline cost is a management fee of 0.6% on the value of the portfolio you hold. Money movement is free: there is no charge for deposits, withdrawals or transfers, so adding or taking out money does not add a provider bill. The management fee is therefore the only line worth tracking.
How much do I need to put in to start?+
You need a deposit of £1,000 to get going, and the investment itself is £1,000 to £5,000. That range matters for anyone testing the water, since the lower end decides what the management fee works out at in cash terms. Both figures are in pounds, so the arithmetic stays in sterling.
Other options to compare
Other matchups
InvestEngine
Wealthify