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10 Best Stock Trading Apps in the UK

Last Updated : 24 Apr, 2024
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The UK gives a variety of inventory trading apps catering to one-of-a-kind investor needs. Some like Saxo Excel standard, even as Interactive Brokers make usability a priority. AJ Bell stands out for its variety of money owed, and Hargreaves Lansdown is a strong desire for normal traders. If simplicity is what you are seeking, eToro is probably the answer.

For an extra lively trader profile, IG offers advanced gear. These are just a few of the alternatives available, so it’s crucial to recall your revel in degree and investment dreams while deciding on an inventory trading app within the UK, so here are the 10 Best Stock Trading Apps in the UK to help make a good decision.

10 Best Stock Trading Apps in the UK

Here are the 10 best stock trading apps in the UK, take a look:

SAXO

Saxo is a famous online trading platform acknowledged for its sizeable functions and worldwide reach. Let’s know about number of its key services and explore the benefits and disadvantages to bear in mind while deciding if it’s the proper fit for you.

SAXO

Features

  • Trade stocks, ETFs, options, futures, bonds all in one place.
  • Invest in expensive stocks with smaller amounts of capital.
  • Powerful charting tools, and technical analysis indicators helps you make informed investment decisions.

Pros

  • Invests in a diverse range of assets without needing multiple platforms.
  • Enhances your trading strategies with advanced features.
  • Makes expensive stocks more accessible to a wider range of investors.

Cons

  • Commission structures can be complex, and fees are higher.
  • The platform’s depth can be overwhelming for beginners.
  • Not ideal for passive investors seeking simple buy-and-hold strategies.

AVAILABLE FOR – SaxoTraderGO and SaxoInvestor for Android and iOS

Link: https://www.home.saxo/en-sg

Interactive Brokers

Interactive Brokers (IBKR) is a big player in the online brokerage world, specially popular among experienced and energetic traders. It’s known for its robust features, massive investment options, and competitive pricing.

Interactive Brokers

Features

  • A powerful desktop platform with advanced charting tools, order types, and market scanners.
  • Trade stocks, ETFs, options, futures, and more across an impressive number of exchanges worldwide.
  • Access leverage to amplify your gains (and losses) with margin accounts.

Pros

  • Low commissions and competitive margin rates
  • Trades a wide range of assets across diverse markets
  • Automates your trading strategies or build custom tools for enhanced control.

Cons

  • Can be intimidating for beginners due to its complexity and feature richness
  • A higher minimum deposit compared to some beginner-friendly platforms.
  • Not ideal for casual investors due to the platform’s depth and features.

AVAILABLE FOR- Mobile app (IBKR Desktop) for Android and iOS also on Windows, Mac and Linux

Link: https://www.interactivebrokers.co.in/

AJ BELL

AJ Bell is a nicely-established UK funding platform catering to a wide range of investor wishes.The platform’s attention on flexibility and UK investments might be a great match for a few, while others may require extra superior capabilities or a much wider worldwide attain.

AJ Bell

Features

  • Allows Investing in a wide range of UK and international stocks.
  • Sets up automatic investments to build wealth steadily over time.
  • Allows access to educational resources, investment research, and portfolio analysis tools.

Pros

  • A broad selection of assets caters to diverse investment strategies.
  • AJ Bell offers competitive fees, potentially appealing to cost-conscious investors.
  • Encourages long-term wealth building through consistent investing.

Cons

  • Some reviews mention limitations in customer service accessibility.
  • International investment options are less extensive
  • Fee structures are less attractive for investors with lower account balances.

AVAILABLE FOR- The app is available for iPhone, iPad, and Android devices

Link: https://www.ajbell.co.uk/

Hargreaves Lansdown

Hargreaves Lansdown prioritizes ease of use and caters properly to new and regular traders within the UK. Hargreaves Lansdown is a leading UK funding platform renowned for its person-pleasant interface and attention on normal investors.

Hargreaves Lansdown

Features

  • Invests in UK and international stocks, funds, investment trusts, and ETFs.
  • Has an ISA to benefit from tax-efficient investment opportunities.
  • Sets up automatic investments to build wealth consistently over time.

Pros

  • Broad selection of assets caters to diverse investment strategies.
  • ISAs allows you to benefit from tax-free growth
  • Encourages long-term wealth building through consistent investing habits.

Cons

  • Its fee structure is less competitive for frequent traders
  • International investment options are less extensive.
  • Customer service accessibility is limited.

AVAILABLE FOR- Mobile app is for both iOS and Android devices

Link: https://www.hl.co.uk/shares

eTORO

EToro stands out as a user-friendly platform geared toward social investing inside the UK.EToro’s social capabilities and user-friendly design make it a great in shape for amateur and social investors in the UK.

eToro

Features

  • Copies the trades of experienced investors.
  • A user-friendly platform makes it easy to navigate for beginners.
  • Invests in expensive stocks with smaller amounts of capital.

Pros

  • Allows learning from experienced investors.
  • Interface and educational resources makes it suitable for new investors.
  • Zero commission trading on stocks and ETFs.

Cons

  • Fewer assets compared to some traditional brokers
  • May lack advanced charting tools and in-depth research capabilities.
  • Social investing success relies on following skilled investors.

AVAILABLE FOR- Available on iOS and Windows

Link: https://www.etoro.com/

IG

IG is a well-installed on line buying and selling platform regarded for its advanced capabilities and attention on active buyers. IG gives an effective suite of tools for lively investors.

IG

Features

  • Powerful charting tools, news feeds, technical analysis indicators,cater to active traders.
  • Amplifies your potential profits with leverage features
  • Access in-depth market research, educational resources, and live webinars.
  • Utilize advanced order types, margin features, and risk management tools.

Pros

  • Advanced features and research empower active traders
  • Leverage can magnify profits.
  • Educational resources and live webinars help traders improve their skills.

Cons

  • The platform’s complexity is overwhelming for beginner investors.
  • May not be suitable for passive investors seeking a buy-and-hold approach.
  • Leverage can significantly amplify losses, requiring careful risk management.

AVAILABLE FOR- App available on IOS and website on windows and IOS both

Link: https://www.ig.com/en

Freetrade

Freetrade is a famous mobile-first inventory buying and selling app inside the UK regarded for its fee-unfastened buying and selling and awareness on fractional shares. Freetrade’s fee provides unfastened buying and selling and fractional shares make it a compelling alternative for finances-aware buyers and novices within the UK.

Freetrade

Features

  • Invest in expensive stocks with smaller amounts of capital, allowing for greater portfolio diversification
  • Manage your investments conveniently on your smartphone or tablet.
  • Access curated news and basic analysis tools to support your investment decisions.

Pros

  • Improves accessibility and allows for easier diversification
  • The user-friendly app makes investing convenient and accessible.
  • ISA accounts allow you to grow your investments tax-free.

Cons

  • Lacks advanced charting tools and in-depth research capabilities
  • May have fewer established features and functionalities.
  • Customer service accessibility is limited.

AVAILABLE FOR- Available on iOS only

Link: https://freetrade.io/

PLUS500

Plus500 is a user-friendly trading platform that caters to a broad audience, from beginners by entering into the marketplace to extra experienced traders in search of a streamlined enjoy.

Plus500

Features

  • Easy to navigate, making it ideal for beginners.
  • Trades a wide range of assets through CFDs, including stocks, indices and even cryptocurrencies.
  • Amplifies your potential gains (and losses) by using leverage.

Pros

  • Trades a diverse selection of assets
  • Cost-effective trading without commissions on most instruments.
  • Magnifies your returns

Cons

  • Focuses on CFDs, which are complex instruments with high risks of losing capital
  • While there are no commissions, spreads can be wider
  • Fewer order types available compared to platforms geared towards advanced traders.

AVAILABLE FOR- Windows PC, iPhone, iPad or Android device.

Link: https://www.plus500.com/en-in/

CAPITAL.COM

Capital.com sticks out as a platform providing Contracts for Difference (CFDs) and AI-powered insights for UK buyers. However, due to the excessive-hazard nature of CFDs, cautious attention is crucial. Capital.com offers capabilities catering to experienced and doubtlessly even novice buyers.

Capital.com

Features

  • Amplify your potential profits (and losses) with leverage features
  • Utilize artificial intelligence to receive personalized trading suggestions and market analysis.
  • A clear and intuitive interface makes navigation easy for both beginners and experienced investors
  • Proper app is not available, browser can be availed by both Android and iOS.

Pros

  • FDs offer exposure to a wide range of assets
  • Leverage can magnify profits (be aware of potential losses).
  • The clear interface makes navigation easy

Cons

  • Leverage can significantly amplify losses as well as profits.
  • Spreads and commissions associated with CFD trading can be higher than traditional stock trading
  • CFDs might be less regulated than other investment products.

AVAILABLE FOR- Proper app is not available, browser can be availed by both android and iOS.

Link: https://capital.com/

Trade Nation

Trade Nation positions itself as a platform for UK traders looking for a wide range of property and superior functionalities. Trade Nation gives a effective platform for experienced and energetic investors looking for a large investment universe.

Trade Nation

Features

  • Trade stocks, ETFs, options, futures, CFDs (Contracts for Difference), and more, all in one place
  • Utilize a variety of order types for precise control over your trading strategies.
  • Access market research, educational resources, and potentially live webinars to enhance your trading skills
  • Mobile app is available for both iOS and Android devices

Pros

  • The wide range of assets caters to diverse investment strategies and risk tolerances.
  • Improves accessibility to expensive stocks and allows for easier portfolio diversification.
  • The mobile app provides convenient trading management from anywhere.

Cons

  • Not suitable for passive investors seeking a buy-and-hold approach.
  • The platform’s depth can be overwhelming for beginners.
  • Regulations surrounding CFDs can vary by jurisdiction.

AVAILABLE FOR- Mobile app is available for both iOS and Android devices

Link: https://tradenation.com/

Conclusion

The UK offers a numerous options of stock buying and selling apps catering to diverse investor desires. From beginner-pleasant alternatives like Freetrade with its fee-loose trades and fractional shares, to feature-wealthy platforms like Saxo boasting superior gear and worldwide reach, there may be a appropriate preference for all of us. For those seeking social factors, eToro allows you to replicate a hit traders, while IG caters to lively investors with its powerful platform and leverage options.

Remember, carefully assess your risk degree, investment desires, and chance rate earlier than choosing a inventory buying and selling app. Consider factors like prices, account kinds, and available investment options to make an knowledgeable decision and embark for your investment journey in the UK.

FAQs – 10 Best Stock Trading Apps in the UK

What’s the best common app for UK stock trading?

There isn’t a single “best” app – it relies upon in your wishes. Saxo offers a brilliant normal experience, but keep in mind Hargreaves Lansdown for everyday investors or Freetrade for commission-free trades.

Which app is of best quality for beginners?

Apps like Freetrade or Hargreaves Lansdown have person-friendly interfaces and academic sources, making them suitable for beginners.

What if I want to copy other investors?

EToro is a social trading platform in which you could reproduction the trades of successful traders.

Do any apps provide fractional stocks?

Yes, Freetrade, Hargreaves Lansdown, and Saxo all permit you to invest in steeply-priced stocks with smaller amounts of capital.

What app has the maximum investment alternatives?

Saxo and Trade Nation provide a full-size variety of property, including stocks, ETFs, alternatives, or even CFDs (Contracts for Difference).

Are there any fee-free apps?

Yes, Freetrade is a famous fee-free alternative for stocks and ETFs.



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