Compare robo investing advisors to get the best deal on an account that manages your investments automatically. Robo and AI investors can save you time because your investment can make money without active management.
| Robo Investing Provider | Description | Investment Options | Fees | User Interface | Security | Get Account |
|---|---|---|---|---|---|---|
| Nutmeg | Robo investing platform Best online stocks & shares ISA Provider. | Stocks, Bonds, ETFs, ISA, LISA and general investing accounts | 0.45% – 1% annual fees | User-friendly and intuitive | Cloud compute protection, threat modelling software protection, SAST code systems, Manual penetration testing. | Create Account |
| Nutmeg is a digital investment provider which is now owned by J.P. Morgan. They offer Lifetime ISAs, General investment accounts, stocks and shares ISA, JISAs and pensions. Simplify your investin with upfront goal setting and selecting your preferred investment style. | ||||||
| Wealthify | Robo advisor known for goal-based investing and tax-efficient strategies. | Stocks, Bonds, ETFs | 0.76% – 1.30% annual fees | Ethical fund options within ISA and LISAs, Pensions, Junior ISAs and general investing accounts | SSL secured user data, strict third party data sharing policy, transparent data processing policy. | Create Account |
| Wealthify offer SIPPs, Stocks and Shares ISAs, general investing and JISAs as core products.They offer a mix of classic investing portfolios with more ethically focused accounts. You can invest with just £1. | ||||||
| Moneyfarm | Robo advisor known for goal-based investing and tax-efficient strategies. | Stocks, Bonds, ETFs | 0.40% – 1.00% annual fees | Sleek and modern | High | Create Account |
| Moneyfarm aim to help you reach investment goals with simpler, more accessible investing with transparency at the core of their offering. Moneyfarm are fully regulated and authorised by the FCA. | ||||||
| InvestEngine | Specialist ETF investment platform offering commission free ETF investing and 550+ ETFswith both DIY and managed automated accounts. | ETF Portfolios | 0.47% – 1.33% annual fees | iPhone and Android app or online accounts | Ring fenced assets, FSCS compensation, full FCA regulation | Create Account |
| InvestEngine offer simple, affordable ETF investing. You can build your own portfolio, choosing from as many as 630 ETFs and work towards your investing goals with their automated investing service. | ||||||
| Chip | Packaged investment options in a range of funds to suit your needs and risk preference. Auto top up options. Choose from a range of funds on ChipX plans | Themed funds; clean energy, healthcare innovation or Crypto | 0% platform fees (25p -45p per save) (£5.99 for ChipX 28 day billing) | iPhone and Android app or online accounts | Shared FCA regulation with P1 investment services for investments | Create Account |
| Chip offer savings and investing in a simple easy to use app. Fund options are low in number to help improve clarity | ||||||
Compare Robo Investing Providers and Platforms
Robo investing has changed the way you can manage investments, making it even easier to invest actively without having to spend time managing each aspect of your investment.
Automation technology and AI investing accounts have helped to make robo investing platforms more prevalent and cheaper since their inception back in 2010.
Robo investing platforms aim to maximise profits from your investments with cost efficient and time saving investments, managed automatically by bots or more frequently AI, making it one of the most popular investing types today.
Robo accounts are popular with investors looking to grow the value of their portfolios because they often lack the time to actively manage their accounts.
So, if you are looking to choose robo investing advisor it is important to understand what each account can offer you, what features they have, the fees and costs of opening an account and why you should choose one investment account over another.
Here are the benefits, options, considerations and features broken down, so we can help you understand what each robo investing account offers so you can decide on the best investor for what you need from your investing account and, earn the best return on your investments.
Choosing a Robo Investor Advisor
Here are some of the most important factors you should consider when choosing your robo investing service.
Consider each platform’s features, investment options, user interface, and security measures, before you make your decision.
Our comparison service can help you understand some of the most important points to consider when choosing your investment account, so you can make an informed decision.
Price as with everything, robo investing comes with fees. Despite relying on algorithms to power stock market analysis and make trades there are still management fees associated with robo investing. If you’re looking for a robo investor, you will want to know how much you will be charged for the account before you commit.
Most robo investing accounts charge fees as an annual percentage of the money you invest and in some cases, this can be as low as 0.25%.
Accurate information, delivered quickly the speed and accuracy of the information your investing provides will matter. If you’re trusting your money to an automated investor you will want to make sure the investing platform behind your robo investing service offers up to date, reliable and rapidly moving responses to market trends. A slow bot with accounts that doesn’t quickly rebalance your portfolio as the market shifts could end up costing you money and mean you miss valuable opportunities.
A higher level of detail offered by your robo investing platform can help ensure you’re investing your money in the right kind of account for you to make money in the time frame you’d like to.
Clarity and Transparency another important thing you should look for from a robo investing service is a commitment to transparency. You will want to know quickly if the value of your portfolio changes and the specific reasons for the change in value. The best robo investors can help you understand the reasons behind a sudden drop, or rise, in the value of your investment with clear and transparent market tracking tools, analysis and educational content that will help you stay informed of market changes at could impact the value of your investments.
Trustworthy and helpful information can help accelerate you to make faster and smarter decisions and can help you build up your understanding and trust in the service you are investing in.
Some of these accounts include an account manager, who can help you understand what is happening with the markets, how to deposit funds and the reasons behind their investment decisions as well as views on stocks and shares and the opportunities within the global markets.
As much as robo investing offers a hands off method of investing you will want to make sure the information your investing account provides is both comprehensive and unbiased.
Excellent user experience, clarity of information and accessibility is also critical. Your provider will likely be the first place you check for updates on the performance of your investments.
If information in your app or online account is relevant, clearly displayed, concise and easy to understand you’ll be much more likely to enjoy using the app, easily see how and where you’re making money for a one-stop check of where and how it is working or if the markets are changing.
Information delivery is important because financial markets change very quickly.
Badly displayed data will only mean you make incorrect decisions, rush what you are working on or lead you to think your investments are performing better than they are.
Before you commit to a robo investing app make sure it is easy and simple to find important data points like:
- the total balance of your investment (after any losses or gains)
- how much you have deposited into your account
- a clear indication of the % rise and fall of the value of your investment over time (many providers offer a quick selection to narrow or expand the time frame to 1 week, 1 month, 3 months, 6 months, 1 year and all time (since your first deposit).
- a summary of the stocks and shares your money is invested in (knowing which stocks and shares you’ve invested in will be critical to understanding the performance of these accounts and whether you need to make changes to help continue to make money).
- clear fees and charges information. Your provider should offer complete clarity on how much you’ll pay to use their robo advisor. Most providers charge something like a provider fee or platform fee as well as fund charges on top. These prices are usually displayed as a percentage and are equivalent to the percentage of the total balance invested in your account.
Robo Advisor Apps
The best robo investor apps can help consolidate all of the essential information in your account into a single mobile phone app or online trading platform.
Robo investing apps are great because they offer convenience and accessibility so you can manage your investment easily in one place.
Plus you can be confident knowing that your account information will be safe and protected by the biometric security of your mobile phone.
Security, Regulation and Safety
You will also want to make sure the robo investing provider you choose is secure and regulated. In the UK, robo investing providers should be regulated by the FCA.
FCA regulation can help you have confidence in your robo advisor because it means your robo investing account will be required to adhere to specific practices ensuring your fund is managed honestly and fairly while ensuring it is competitive and can make money.
The FCA creates and maintains guidelines for investment providers, like robo advisors, should manage client funds to ensure unnecessary risks are avoided and your money is kept safe.
Picking a robo advisor with FCA regulation will mean the risk of losing money will only come as a result of market shifts, rather than from malpractice or mismanagement of your deposits.
All of the providers included in our comparison are FCA-regulated and offer full FSCS protection.
What do you need from your Robo advisor?
Consider your goals before you choose a robo investor platform. One that demonstrates an understanding of the varying needs of investors is more likely to offer a better long term prospect for your investment over one that has little or no clear understanding of the different types of investors.
Think about the goals you have for your balance. Are you looking to invest the money for a long period? Are you aiming to see steady growth of the balance over several years? Check the historical performance of different robo advisors to determine whether they offer the right type of service and the best stocks and shares for you to invest in.
If you’re looking for short term returns on a balance that you’re planning to use for something else and you’re looking for returns as quickly as possible, consider an account that offers a relevant risk level that could help you achieve short term growth. You may also want to be strategic about the funds you are investing in, looking ahead to factor in companies within the investment portfolio and deciding if there’s potential for their value to increase in the time you have to invest.
Consider the type of investor you are; do you follow a specific investment strategy? do you prefer low cost investment solutions? Are you familiar with a particular investment vehicle or asset type? Ensure the robo advisors you have shortlisted allow for investments in these types of products and they have products that suit your investment style and preferences. Customisation and flexibility can offer huge advantages when it comes to investing, so ensuring your robo advisor platform offers this can be helpful.
The best robo advisor account won’t necessarily be the same for every investor. Your needs for robo investing may be very different from fellow investors so it is important to remember to get a robo investing account that:
- offers comprehensive and unbiased market information
- offers clear and transparent pricing and investment information
- clearly explains your account features, balance summaries and performance through an account that offers a great user experience
- has a great mobile app or an easy to understand web interface
- can offer a suitable investment platform that fits well with your specific needs.
- an account which is regulated by the FCA is a non-negotiable.
- make sure your account is protected with effective security measures
Robo Advisor FAQs
Which Robo investor has the best returns?
To check which robo advisor has the best returns you should check the fund performance information for each advisor you are considering investing with.
Fund data is usually presented as a PDF and can help you understand how well a fund performed in the past and the percentage increase or decrease in client funds.
With this performance data, you can factor in fees and charges the robo advisor charges and consider how much your investment might be worth in the future if the performance of the fund continues.
Remember, that past performance is not a guarantee of future performance so even if a fund has performed well in the past it does not mean it is guaranteed to make money in the future.
How can robo advisors help high net worth investors?
Robo advisors can help high net worth investors in many ways.
Firstly, if high net worth investors are busy with career commitments or other projects then automated investing services can help you manage your money with little or no time commitment.
However, they can also help in more complex and nuanced ways. For example, many high net worth clients use robo advisors to help balance investment profits with riskier or more uncertain investments to help offset their profits with losses to improve tax efficiency.
In this way, some robo advisors can provide effective solutions for lessening the personal tax burden of high net worth investors.
For both cost efficient and time saving investing, robo investing platforms are among the most popular investing types today.