Wealthify App Expert Review: Excellent for Beginners – Start Investing from Just £1
Account: Wealthify investing app
Description: Wealthify lets you invest in either an original portfolio of investments from the UK and overseas or choose an ethical investment plan made from a blend of environmentally and socially responsible investments. The platform is a robo-advisor and it’s part of the Aviva Group. Capital is at risk.
Is Wealthify a Good Investing App?
Yes, Wealthify is an excellent app but it’s not as good as the web version, because it’s easier to explore the risk and performance tables and choose a portfolio on a bigger screen.
Fees
It costs 0.6% to start investing with Wealthify, which is one of the cheapest robo-advisor account fees. There are also investment costs of, on average, 0.16% for original plans and 0.7% for ethical plans.
Special Offer:
£50 when you refer a friend. You can get a unique link when you have a funded Wealthify account. If you use it to recommend the platform to friends, you could each get £50. To qualify, your friend must invest at least £1,000 in a Wealthify Plan in the first six months, and maintain at least that level for six months.
Pros
- Managed portfolios
- Low minimum deposit of £1
- Low account fee of 0.6%
Cons
- Cannot trade individual shares or ETFs
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Pricing
(5)
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Market Access
(4)
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Online Platform
(5)
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Customer Service
(5)
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Research & Analysis
(4.5)
Overall
4.7- Expert opinion: Wealthify reviewed & rated
