2019 Report: Compare charges and performance of online investment platforms and robo advisors. Compare this to the losses of Nutmeg’s riskiest portfolio and you’d have been better off with Wealthify. I would also consider investing in a couple of other Vanguard funds as well at their LifeStrategy. Selin Bucak, who has invested money with five robo advisers, Nutmeg, Moola, Wealthify, Moneyfarm and Wealthsimple, has decided to review the companies from … Up until 2019, Wealthify used to have different rates for accounts with different deposit amounts. I would like to open an investment ISA for growth for at least 10 years. And of course, Fidelity just followed suit. That’s a better deal than using my referral link, where I get £100 but you only get 6 months without Nutmeg fees. Wealthsimple | Wealthify | Fidelity | Charles Stanley | Nutmeg and more But back in December 2019, they changed things to a standard flat 0.6% fee across all account types. New Wealthify customers: £80 cashback via TopCashback, £50 cashback via Quidco and only £25 each via my referral link. They're far simpler than normal investing but you're tied to a 'portfolio' of funds. Nutmeg doesn’t charge any flat fees. New Nutmeg customers: £110 via Quidco or £105 via TopCashback. Nutmeg and Wealthify offer a low-cost semi-automated approach to investing. Schwab cut online brokerage fees to zero. Nutmeg also invests via ETFs in equities, corporate and Government bonds and cash. Robo-funds are being heavily advertised. When you compare the Nutmeg's managed portfolio to the other two robo-advisors (Wealthify and Moneyfarm both do a certain amount of managing) it gets a bit muddled, but Moneyfarm is the winner. Earlier this year, Nutmeg cut its minimum investment from £1,000 to £500. At low account balances (<£100k) this is lower than a lot of other UK robo-advising firms like Nutmeg and Moneyfarm. The fee war has always existed but has been sped up by Robinhood in a crypto environment which launched as a zero-fee platform for all cryptocurrencies. Moneybox vs. Wealthify Invest from as little as £250 with the Wealthify Investment ISA. Now – … Wealthify and Nutmeg are slightly different in having five investment settings, again graded by risk appetite; Nutmeg's fully-managed option has ten portfolios available. Minimum investment. So, although it’s beginner-friendly, Nutmeg is more suitable if you’ve got enough money to have a serious go at investing. We think this is somewhat restrictive. However, sometimes these robo-funds offer cashback via a special link when you invest, which'll get you a head start over other funds. For example, Wealthify's mid-range "Confident" portfolio has 35pc in shares, while Nutmeg's mid-range option has 57pc in shares. Does that mean the death of Moneybox vs Nutmeg vs Wealthify due to their fees? 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