Can you really invest with just £1?
26 Apr 2024
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There's no difference in fees whether you're investing in an AJ Bell stocks and shares Isa or general investment account.
Annual platform charge:
Trading charges:
Foreign exchange charge:
This applies to each trade of investments denominated in another currency, for example US stocks, on top of fund and trading charges.
We've estimated the cost of investing with AJ Bell over the course of a year in a stocks and shares Isa.
Costs will vary depending on how much you invest and whether you trade funds or shares. All assume you make four purchases and four sales each year, spread out over different months.
£5,000 | |
£10,000 | |
£25,000 | |
£50,000 | |
£100,000 | |
£250,000 | |
£500,000 |
If you're thinking of using AJ Bell to take an income from your pension in a drawdown plan, read our comparison of pension drawdown plans and charges.
Dodl is a cheaper and simplified platform run by AJ Bell, which offers fewer investments.
These are AJ Bell funds, 'themed investments' (eg a specific sector or region), and 80 UK and US shares.
The cost of investing with Dodl is 0.15% of the value of the account, with a minimum of £1 a month.
Dodl did not receive enough reviews to get a customer score of its own in our survey.
Correct as of January 2024
Users of AJ Bell can filter investments by Morningstar sustainability rating – a measure of how well funds are managing ESG (environmental, social, and governance) risks.
It also lists the fund’s top 10 holdings, so you can see the companies making up the largest portions of investment in a fund.
AJ Bell is regulated by the Financial Conduct Authority and covered by the Financial Services Compensation Scheme (FSCS).
When you invest with an investment platform that's registered with the Financial Conduct Authority, your money will be ring-fenced and should be returned to you if a company goes bust – without having to wait alongside other creditors.
If ring-fencing failed, you would be compensated by the FSCS.
The FSCS will cover up to £85,000 of investments per person, per platform. You can claim for free online at www.fscs.org.uk: there's no reason to use a claims management company.
You won't be compensated for investments falling in value, or if a company in which you hold shares goes bust, unless this poor performance resulted from bad advice given by a regulated Independent Financial Advisor that has since gone bust.