Overview

AJ Bell Dodl is a commission-free investment app offering a simplified way to invest in UK shares, US shares, and funds. The mobile-only platform features a streamlined interface with basic investment options suitable for beginners. It’s backed by established UK broker AJ Bell and provides ISA and General Investment Account options. The app uses a mascot-based design to make investing more approachable.

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AJ Bell Dodl Offers

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AJ Bell Dodl Fees & Review

  • Stocks & Shares ISA
  • SIPP
  • Lifetime Stocks & Shares ISA

Stocks & Shares ISA

Fi Score rankingWhere this ISA ranks compared to other ISAs based on Fi Score T20

Fi Fee (£10k balance)(£100k balance)(£500k balance)Our unique calculation for comparable fees across brokers for each account type, based on a 10k100k500k portfolio. Your fees may vary. £15

ISA fee notes Dodl has a 0.15% annual fee for all account types with a £1/month minimum, regardless of how you invest, with no commission fees. This account fee is uncapped.

Minimum account chargeThe minimum amount you need to pay for this Stocks & Shares ISA, excluding account fee reductions or discounts. £12

FX feeThe currency conversion fee when purchasing investments that aren't listed in GBP (£). 0.75%

In-specie transfersDoes the broker support the transfer of investments? No

ETFs

Account fee on ETFsThe account fee you'll pay when investing in ETFs. 0.15%

ETF account fee capThe maximum amount you'll pay in account fees when investing in ETFs. Uncapped

ETF trading feeThe amount you'll pay to invest in an ETF in this ISA, excluding trading volume discounts. £0

ETF regular investing feeThe amount you'll pay to invest in ETFs when using an ongoing regular investment. N/A

Mutual funds

Account fee on fundsThe account fee you'll pay when investing in mutual funds. 0.15%

Fund fee capThe maximum amount you'll pay in account fees when investing in mutual funds. Uncapped

Fund trading feeThe amount you'll pay to invest in a mutual fund in this ISA, excluding trading volume discounts. £0

Fund regular investing feeThe amount you'll pay to invest in mutual funds when using an ongoing regular investment. £0

Shares

Share trading feeThe amount you'll pay to invest in company shares, excluding trading volume discounts. £0

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The AJ Bell Dodl Stocks & Shares ISA allows investors to choose their own investments in individual shares, ETFs, mutual funds, and money market funds. You're also able to select ready-made portfolios or pay for your portfolio to be managed by professionals. This ISA doesn't offer commodities.

The account doesn't offer fractional shares – you must buy whole shares of investments, making the market a little less accessible.

This isn’t a flexible ISA, meaning you can’t withdraw and redeposit in the same tax year without negatively affecting your annual ISA limit. If you deposited £10,000, withdrew and then redeposited, your entire £20,000 ISA allowance would be used up.

Uninvested cash held within the account can earn 4.06% (AER) interest, though this is an investment product – it should not be used like a bank, your funds may not be protected in the same way.

In-specie transfers aren't supported, meaning you'd have to convert investments into cash to transfer elsewhere.

AJ Bell Dodl ranks 11th by Fi Fee for small investors (£10,000 portfolios), and they drop down to 31st for large portfolios (balances of £500,000). To invest, you’ll need a minimum lump sum deposit of £100 or an ongoing monthly investment of at least £25. They charge 0.75% as an FX fee for investments in foreign currencies.

Dodl has a 0.15% annual fee for all account types with a £1/month minimum, regardless of how you invest, with no commission fees. This account fee is uncapped.

SIPP

Fi Score rankingWhere this SIPP ranks compared to other personal pensions based on Fi Score 9

Fi Fee (£10k balance)(£100k balance)(£500k balance)Our unique calculation for comparable fees across brokers for each account type, based on a 10k100k500k portfolio. Your fees may vary. £15

SIPP fee notes Platform fee is 0.15% with a £1 per month minimum, uncapped. No commission for buying or selling investments.

Minimum account chargeThe minimum amount you need to pay for this SIPP, excluding account fee reductions or discounts. £12

FX feeThe currency conversion fee when purchasing investments that aren't listed in GBP (£). 0.75% up to £10,000
0.5% on £10,000-£20,000
0.25% over £20,000

In-specie transfersDoes this SIPP support the transfer of investments? Yes

ETFs

Account fee on ETFsThe account fee you'll pay when investing in ETFs. 0.15%

ETF account fee capThe maximum amount you'll pay in account fees when investing in ETFs. Uncapped

ETF trading feeThe amount you'll pay to invest in an ETF in this SIPP, excluding trading volume discounts. £0

ETF regular investing feeThe amount you'll pay to invest in ETFs when using an ongoing regular investment. N/A

Mutual funds

Account fee on fundsThe account fee you'll pay when investing in mutual funds. 0.15%

Fund fee capThe maximum amount you'll pay in account fees when investing in mutual funds. Uncapped

Fund trading feeThe amount you'll pay to invest in a mutual fund in this SIPP, excluding trading volume discounts. £0

Shares

Share trading feeThe amount you'll pay to invest in company shares in this SIPP, excluding trading volume discounts. £0

SIPP features

Employer contributionsDoes this SIPP allow contributions from your employer? No

Director depositsDoes this SIPP allow company directors to deposit company funds? No

DrawdownDoes this SIPP support drawdown? No

AJ Bell Dodl's SIPP provides access to invest with your own investment decisions, ready-made portfolios, and professionally-managed portfolios. You can invest into shares, ETFs (exchange-traded funds), mutual funds, commodities, and money market funds (MMFs).

Investors can transfer their investments in-specie, meaning their portfolio can be moved to or from another platform without being converted to cash first.

Fractional shares aren't supported, meaning you can only buy whole units of each investment.

When it comes to a pension offering, this SIPP doesn't include the features the average person tends to be looking for: drawdown isn't supported, limited company directors can't deposit via their business (this tax efficiency is a big perk of a pension), and employers can't deposit into their employee's SIPP either.

AJ Bell Dodl's SIPP ranks 4th by Fi Fee for small investors, though it drops down to 18th for large portfolios. They charge 0.75% up to £10,000, 0.5% on £10,000-£20,000, and 0.25% over £20,000 as an FX fee for investments in foreign currencies.

Platform fee is 0.15% with a £1 per month minimum, uncapped. No commission for buying or selling investments.

Lifetime Stocks & Shares ISA

Fi Fee (£10k balance)(£100k balance)(£500k balance)Our unique calculation for comparable fees across brokers for each account type, based on a 10k100k500k portfolio. Your fees may vary. £15

Annual fees 0.15%

Trading fees £0

ISA transfersDoes this platform allow you to transfer an existing Lifetime ISA in from elsewhere? Yes

Notes Dodl offers a competitive interest rate on uninvested cash, but a limited range of shares and funds. The platform fee is 0.15% with a £1 per month minimum. There are no commissions to buy or sell investments.

Within AJ Bell Dodl's lifetime stocks and shares ISA, you can choose your own investments or choose a professionally managed account in shares, ETFs, mutual funds, commodities, and money market funds (MMFs), with in-specie transfers available. The account does not provide access to ready-made portfolios or bonds.

AJ Bell Dodl's lifetime stocks and shares ISA does not provide access to fractional shares.

AJ Bell Dodl ranks 1st by Fi Fee for small investors (balances of £10,000), and slips to 4th for larger portfolios (balances of £100,000).

Dodl offers a competitive interest rate on uninvested cash, but a limited range of shares and funds. The platform fee is 0.15% with a £1 per month minimum. There are no commissions to buy or sell investments.

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