D2C investment platform users rise to all-time high in Q1

Customer numbers rise an average 3.1% across all providers

David Brenchley
clock • 1 min read

DIY investment platforms and robo advisers saw account numbers soar to an all-time high during Q1, despite the coronavirus stockmarket crash, according to analysis from Boring Money.

Assets held by the UK's DIY and robo platforms fell 13.4% in Q1, the research firm said, but that was largely attributed to the sharp falls in global stockmarkets, rather than a loss of appetite from investors. In fact, customer numbers on average rose 3.1% across all providers. Boring Money managing director Holly Mackay said: "Although it is too soon to have a fuller picture of what Q2 numbers will look like, we know that investor appetite remains high. We anticipate customer numbers will continue to grow. "Platforms have reported strong trading activity and we have not seen the exo...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA proposes 'targeted and proportionate' changes to listing rules for closed-ended funds

FCA proposes 'targeted and proportionate' changes to listing rules for closed-ended funds

Consultation runs into August

Michael Nelson
clock 26 June 2026 • 5 min read
Big games, big names… and smaller companies

Big games, big names… and smaller companies

'Brazil should be looking to the future rather than to the past'

Gabriel Sacks
clock 22 June 2026 • 4 min read
Why should investors back China in the worldwide robotics race?

Why should investors back China in the worldwide robotics race?

The race to identify Asia's hidden gems

Xin-Yao Ng
clock 19 June 2026 • 5 min read