InvestEngine
#4 in Robo Advisor · Rated 4.4
UK robo-advisor with DIY freedom and low-cost managed options.
InvestEngine is a cost-efficient UK robo platform offering two distinct paths: a managed portfolio option with a 0.25% annual management fee and a DIY route with no platform fee. It emphasizes a large ETF library and modern tools, including LifePlans and a DIY builder. ETF costs are separate from platform fees, typically in the low single-digit basis points range. The vendor emphasizes transparency and simplicity, appealing to cost-conscious investors who want either a hands-off life-plan approach or the option to construct their own diversified ETF portfolios. The global reach is modest, focusing primarily on the UK and Europe, with support for ISAs/SIPs in regions where available. This makes InvestEngine a strong choice for UK investors seeking a balance of automation and flexibility at a very competitive price point. ([help.investengine.com](https://help.investengine.com/hc/en-gb/articles/31147984203165-How-Much-Does-InvestEngine-Cost?utm_source=openai))
Features
- Managed Portfolios at 0.25% annual fee
- DIY Portfolios with no platform fee
- 700+ ETFs and LifePlans options
- AutoInvest and portfolio look-through
- No dealing fees for DIY trades
Pros
- Low-cost managed option
- Flexible DIY path with no platform fee
- Transparent fee structure
Cons
- DIY requires ETF costs and custodial complexity
- Relatively smaller brand compared with US incumbents