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AJ Bell Youinvest Review 2024

Written by
Gyula L.
Fact checked by
Adam N.
Updated
5d ago
Key data
Fees
Safety
Deposit and withdrawal
Account opening
Mobile app
Web trading platform
Product selection
Regulated and trusted. Tested via live trading.
1,069 people chose this broker
Not available in United States; see best alternatives

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
Overall score
4.3/5
Minimum deposit
$0
Stock fee
High
Fund fee
Low
Inactivity fee
no
Account opening
1 day

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to AJ Bell Youinvest

US stock fee
Estimated commission of a $2,000 trade, assuming a $50 stock price

Fees

Score: 2.6/5
AJ Bell Youinvest has low fund fees and the non-trading fees are also reasonable. Deposit and withdrawal are free. On the negative side, you will be charged a custody fee based on your trading history and asset volume.
  • 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
AJ Bell Youinvest stock and ETF commission

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
AJ Bell Youinvest mutual fund commission

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
AJ Bell Youinvest bond commission

High custody fee, no 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
AJ Bell Youinvest custody, withdrawal and other fees

Safety

AJ Bell is regulated by the UK's FCA, a top-tier regulator, so there is a high level of investor protection (£85,000). The broker is also listed on the London Stock Exchange.
  • High level of investor protection
  • Listed on stock exchange
  • All clients belong to a top-tier financial authority
Read more

Deposit and withdrawal

Score: 3.3/5
Deposits and withdrawals are free and the process is user-friendly. However, accounts are available only in GBP and one-off deposits cannot be sent via bank transfer.
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
Read more

Account opening

Score: 5/5
Expect a quick, user-friendly and fully digital account opening process without a required minimum account balance. The downside: it's only available to UK residents.
  • Fast
  • Fully digital
  • No minimum deposit
Read more

Mobile app

Score: 4.2/5
AJ Bell Youinvest offers a great mobile trading platform, which guarantees a smooth and straightforward user experience. Nevertheless, we missed price alerts.
  • User-friendly
  • Two-step (safer) login
  • Good search function
Read more

Web trading platform

Score: 3.7/5
AJ Bell Yoinvest's web platform is user-friendly and well-designed. Two-step login is available and the fee reports are clear. On the negative side, customizability is limited and price alerts are not supported.
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
Read more

Product selection

Score: 3/5
AJ Bell Youinvest has a limited product portfolio, including stocks, ETFs crypto and funds. Popular assets like forex, options, futures, and CFDs are missing. Bonds can be traded only via phone orders.
Read more
“I recommend AJ Bell Youinvest for beginners and investors with small and medium portfolios focusing on the UK market.”

FAQ

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Author of this review

Gyula Lencsés, CFA
Gyula Lencsés, CFA

Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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