Dodl Lifetime ISA Review: Best Investment LISA 2025
Account: Dodl Lifetime ISA
Description: Dodl won Best Lifetime ISA 2025 because they simplify the often complex process of investing with a Lifetime ISA, which is primarily used for retirement savings or purchasing a first home. Dodl makes it easy for people to navigate these specific purposes, offering an accessible solution for new investors.
How Risky Is An AJ Bell Dodl Lifetime ISA?
An AJ Bell Dodl lifetime ISA is a stocks and shares ISA which means you are choosing to invest your money in the stock market, which can go up and down. Dodl is a safe and regulated lifetime ISA, but the main disadvantage of a lifetime ISA is, like all investing, you could get back less than you originally put in.
- Investments:Β Shares, ETFs, bonds & funds
- Minimum deposit:Β Β£100 or Β£25 per month
- LISA fund charges:Β 0.15%
- LISA share charges:Β 0.15%Β
- Dealing fee:Β Β£0
Dodl also won Best Lifetime ISA in the 2024 Good Money Guide awards as it is a great choice for beginners who want a low cost and simple way to take advantage of the government bonus and have easy investment options.
Ben Binding from Dodl by AJ Bell said after winning the award:
Itβs fantastic to win Best Lifetime ISA 2024. Investing benefits everyoneβnot only do investors gain better returns compared to cash savings, but supporting UK companies also strengthens our economy. There are many people who donβt realize investing is for them, and itβs crucial to raise awareness. The London Stock Exchange aims to reach those individuals, helping them see that investing is a valuable step for financial well-being.
Pros
- Easy to use
- Low cost
- Great for beginners
Cons
- App only
- Limited range of investments
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Pricing
(4.5)
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Market Access
(4.5)
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App & Platform
(5)
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Customer Service
(5)
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Research & Analysis
(5)
Overall
4.8
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
