Bestinvest 4+

Super easy for time poor investors

Really convenient and quick solution for tracking investments on the go. I’m super time poor (I’m enjoying the app so much I’ve carved time to type out this review!) so anything that helps me maximise my schedule efficiently delights me! Love that I can see my kids JISAs too all linked together on my account.

Developer Response ,

Thank you for your great review! We're happy to hear you found it helpful for staying on top of things and enjoy the linked accounts feature. We really appreciate the feedback!

Amateurish Design, unreliable service, poor functionality, high prices

The app design is low contrast and there is no way to change the colour scheme, contrast or the font size to make it more legible. For anyone older or with any visual impairment at all it is simply awful.

The app regularly fails to load data and the only way to fix it is to delete and reinstall and the FaceID rarely works for more than 2 days.

With regard to the product. Best Invest don’t have a stop loss function which is simply unforgivable and say they can’t implement one due to the custodian they use. Stop loss functionality is available from most of their competitors so I wouldn’t recommend their product on this basis alone.

A tiny range of US stocks are available and none from any European exchange. If you want to hold US stocks then you have to phone up and then some weeks later someone will complete it and you find out by not getting the error message.

There is little or no research available for equities or ETFs so you find yourself searching Hargreaves Lansdown and what there is is inconsistent.

Bestinvest seems to be targeting the Freetrade or first time investor demographic, but its prices are way too high. If you’re a hands on investor then get a different product. If I was opening an account again I’d do it with Interactive Investor.

Refinement needed for use

Hands down this app is far from the finished article and is scary at how poor their maths is for a firm who deal with money. They cannot calculate your performance correctly, not even close. I used the feedback feature in the app, I was called back to confirm they see what I am seeing. The app has not been updated…since my complaint. In short, the percentage of your performance is totally miscalculated, in SIPP at least. Example a £900 loss on a £20k account is not a 47% loss. It’s hard to believe an app has been released with such a blatant and terrible error.

Do not trust the maths.

I will say, depositing and then investing that into shares is hassle free and easy.