Why choose AJ Bell Youinvest
AJ Bell Youinvest is a UK direct-to-investor investment platform.
It provides a quick account opening process (no more than 10 minutes), and you get a not too sophisticated, but very usable trading platform. If you need assistance from customer service, the response time is short. It is a good choice for beginner investors.
However, trading fees are average and the product lineup lacks forex, options, futures and CFDs. Technical research tools, especially charting, are quite basic, not suitable for advanced research.
BrokerChooser gave AJ Bell Youinvest a 4.3/5 rating based on analyzing 600+ criteria and testing via opening a live account.
- Fast account opening
- Easy to use trading platforms
- Great customer service
- Interest paid on uninvested cash
Fees
- Low non-trading fees
- No withdrawal fee
- Low mutual fund fees
We compared AJ Bell Youinvest's fees with two similar brokers we selected, Interactive Investor and Hargreaves Lansdown. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of AJ Bell Youinvest alternatives.
High stock and ETF commission
AJ Bell Youinvest UK stock fees are much higher than the industry average. UK stock fees are calculated as follows: 0-10 trades/month: £9.95; 10 and more trades/month: £4.95
Broker | UK stock |
---|---|
AJ Bell Youinvest | $12.4 |
Interactive Investor | $5.0 |
Hargreaves Lansdown | $14.9 |
Low mutual fund commission
AJ Bell Youinvest Mutual fund fees are less than half of the industry average. Mutual fund fees are calculated as follows: £1.50 per trade
Broker | Mutual fund |
---|---|
AJ Bell Youinvest | $1.9 |
Interactive Investor | $5.0 |
Hargreaves Lansdown | $0.0 |
Low bond commission
AJ Bell Youinvest EU/UK government bond fees are about half of the industry average. EU/UK government bond fees are calculated as follows: £9.95 per trade
Broker | EU/UK government bond |
---|---|
AJ Bell Youinvest | $12.4 |
Interactive Investor | $5.0 |
Hargreaves Lansdown | $14.9 |
High custody fee, low withdrawal fee
It charges no account, inactivity, or withdrawal fees.
Broker | Custody fee | Withdrawal fee |
---|---|---|
AJ Bell Youinvest | $0 | |
Interactive Investor | $0 | |
Hargreaves Lansdown | $0 |
Safety
- High level of investor protection
- Listed on stock exchange
- All clients belong to a top-tier financial authority
Deposit and withdrawal
- Credit/Debit card available
- Free withdrawal
- No deposit fee
Account opening
- Fast
- Fully digital
- No minimum deposit
Mobile app
- User-friendly
- Two-step (safer) login
- Good search function
Web trading platform
- User-friendly
- Clear fee report
- Two-step (safer) login