In recent years, the accessibility and popularity of trading apps have skyrocketed, empowering individuals to participate in the financial markets with ease. Whether you are an experienced trader or a beginner looking to dip your toes into the world of trading, having a reliable and user-friendly trading app can make a world of difference. In this article, we will explore the best trading apps available in the UK, considering factors such as features, user experience, security, and cost. So, let’s dive in and discover the top trading apps that can help you navigate the financial markets effectively.
The Best Trading Apps UK 2023
eToro is one of the most well-known trading apps globally, offering a unique social trading experience. With eToro, users can not only trade various financial instruments like stocks, cryptocurrencies, and commodities but also copy the trades of successful traders. This “CopyTrading” feature makes it an ideal choice for beginners who want to learn from experienced traders. eToro’s intuitive interface, extensive educational resources, and community of millions of users make it a top pick for traders of all levels.
Plus500 is a popular trading app that offers a wide range of CFD (Contract for Difference) products, including stocks, indices, forex, and cryptocurrencies. The app stands out for its simplicity and user-friendly interface, making it easy for beginners to start trading. Plus500 also provides powerful risk management tools, such as stop-loss and take-profit orders, enabling traders to control their positions effectively. The app’s availability on multiple platforms, including web, mobile, and tablet, ensures seamless trading experiences.
IG is a renowned name in the trading industry, offering a feature-rich app for UK traders. The app provides access to a vast array of markets, including shares, indices, commodities, and more. With IG, users can benefit from advanced charting tools, live news feeds, and customizable watchlists, empowering them to make informed trading decisions. Moreover, IG offers an intuitive platform for executing trades and accessing research materials, making it suitable for both beginners and experienced traders.
Trading 212 is a commission-free trading app that has gained popularity for its extensive range of investment options and user-friendly interface. It offers access to a wide variety of stocks, ETFs, and cryptocurrencies, making it ideal for diversifying your investment portfolio. The app provides features like auto-investing and an integrated learning center, which includes educational videos and articles to help users enhance their trading knowledge. Trading 212’s “Invest” account also offers fractional shares, enabling users to invest in expensive stocks with smaller amounts.
Fidelity is a well-established brokerage firm that provides a robust trading app for UK investors. The app offers a broad selection of investment options, including stocks, bonds, mutual funds, and more. Fidelity’s app stands out for its research tools, real-time market data, and comprehensive educational resources. It also provides access to Fidelity’s expert research and analysis, allowing users to stay up-to-date with market trends and make informed investment decisions.
Revolut, primarily known as a digital banking platform, also offers a trading feature within its app. It allows users to buy and sell stocks, cryptocurrencies, and commodities. The app provides real-time price alerts, customizable watchlists, and basic charting tools. Revolut’s seamless integration with its banking features makes it convenient for users who want to manage their investments alongside their everyday finances.
Interactive Brokers is a well-established brokerage firm that provides a comprehensive trading app for UK traders. The app offers a wide range of investment options, including stocks, options, futures, forex, and more. It caters to both individual investors and professional traders, providing advanced trading tools and features like market scanners, customizable charts, and algorithmic trading capabilities.
Hargreaves Lansdown is a popular investment platform in the UK that offers a trading app for its customers. The app provides access to a wide range of investment options, including stocks, funds, and investment trusts. Hargreaves Lansdown’s app offers detailed company research, live price streaming, and a user-friendly interface. It also provides a tax-efficient Stocks and Shares ISA (Individual Savings Account) for UK investors.
AJ Bell Youinvest:
AJ Bell Youinvest is another well-known investment platform that offers a trading app for UK investors. The app allows users to trade stocks, funds, ETFs, and investment trusts. It offers comprehensive research tools, including market data, news, and expert analysis. AJ Bell Youinvest also provides a range of investment accounts, such as Stocks and Shares ISA and Self-Invested Personal Pension (SIPP), catering to different investment needs.
Freetrade is a commission-free trading app that aims to make investing accessible to everyone. The app offers a wide range of stocks and ETFs for UK investors. Freetrade’s app is known for its user-friendly interface, simplified investing experience, and fractional share trading. It also provides a premium subscription option, Freetrade Plus, which offers additional features like extended trading hours and more order types.
The Best Trading App for Beginners UK
If you are a beginner who does not know much about trading, we are presenting here 5 best trading apps that can boost the knowledge of a beginner. These apps are especially dedicated to new ones who just started their trading journey.
eToro is a user-friendly platform that allows beginners to trade various assets, including stocks, cryptocurrencies, and more. It offers a social trading feature that lets users copy the trades of successful traders.
Plus500 is known for its intuitive interface and ease of use. It offers a wide range of tradable instruments, including stocks, forex, cryptocurrencies, and commodities. The app provides risk management tools and a free demo account for practice.
IG (formerly IG Index) is a well-established platform that offers a comprehensive range of trading options, including shares, forex, commodities, and indices. It provides educational resources and a user-friendly interface suitable for beginners.
Trading 212 is a popular app that offers commission-free trading for stocks, ETFs, forex, and cryptocurrencies. It provides a user-friendly interface, access to real-time data, and educational materials for beginners.
Fidelity is a renowned investment platform that offers a range of investment products, including stocks, funds, and ETFs. It provides research tools, educational resources, and a user-friendly mobile app suitable for beginners.
When it comes to trading apps in the UK, the choices are abundant. The apps mentioned in this article, eToro, Plus500, IG, Trading 212, and Fidelity, offer distinct features and cater to different types of traders. Before selecting a trading app, it’s essential to consider your trading goals, preferences, and level of experience. Remember to thoroughly research each app, considering factors like user reviews, security measures, fees, and customer support. Armed with a reliable trading app, you can embark on your trading journey with confidence and potentially reap the rewards of the financial markets.
A: If you are a beginner, you can try eToro, Plus 500, IG, and Trading 212. All these have capabilities to boost your trading understanding.
A: We would like to recommend you IG, the best trading app UK.