Well if you are willing to plan everything systematically for your future then investing on a trading platform is a gateway to good savings and investment.
But so many people feel a bit skeptical about investing in trading apps as they don’t have much idea about what to do and how to decide which one is a trustworthy trading app.
In such cases, this article consists of the five best share trading apps UK, through which you can learn and invest in different trading products.
Why choosing an appropriate share trading app is very important?
When it comes to money you should always be aware of where and how you are spending it.
While investing your money in a share trading app it’s very important to look into the platform’s history and other aspects.
So the reason you should choose an appropriate treading app is,
- Security: as the treading app deals with sensitive financial data and funds plus as your money is involved in a platform hence, security is the primary requirement. A good quality and secure app ensures that your investments are protected from any fraud hacking or cyber threats. That’s why before investing your money in a random trading platform check for FCA regulation as it’s a sign of a reliable app in the UK.
- Cost efficiency: there are so many trading apps available in the UK and different app has different fee structures. Some trading app has commission fees, transaction costs, maintenance charges, etc. While many platforms don’t require any commission fee. So while investing in choosing a cost-effective app make sure that most of your profit this in your account rather than losing them paying all those platform fees.
- User experience: so many beginners try to be involved in the trading market, not only that even the experts prefer a well-designed app. While trading there are so many things that investors have to keep in mind so having an intuitive interface can make the trading experience smoother and less stressful. This way it will allow the traders to analyze the data properly and make a proper decision without getting confused.
Top 5 Best Share Trading Apps in the UK
Etoro
As a multi-asset investment company, eToro is one of the most famous trading platforms in the UK and all over the world.
There are more than 35 million users worldwide who invest and learn about trading from the eToro trading platform.
With the eToro trading app, you cannot only trade here but also explore a variety of acid such as cryptocurrency, forex, etc.
As this platform provides worldwide services and has all the legal security hence is said to be used.
eToro is a commission-free stock trading platform where you can start investing at an affordable rate making it ideal for beginners.
Freetrade
If you are a long-term investor or a beginner and looking for a trustworthy commission-free trading app then Freetrade is a great option for you.
The trading app has direct access to UK treasury bills and the past 6 years running at the British bank awards.
Freetrade’s waiting platform has access to thousands of UK stocks, ETFs, and investment trusts.
The best part of this platform is there are no hidden charges and while investing you will be aware of every part of the payment.
AJ Bell
AJ Bell is a well-known investment platform in the UK. In the UK there are more than 528,000 people who became a happy customer of the AJ Bell investment platform.
This platform also offers a wide range of investment products, such as growth funds, share dealing, investment trusts, bonds, etc.
Then, this Trading Platform has explanatory content for the investment products making it suitable for both beginners to experts.
Also, it offers various account types, such as ISAs and SIPPs, making it a versatile option for UK investors.
IG- Online Trading Platform
Another highly preferred UK trading platform is IG. This online trading platform makes the trading experience seamless and fast.
IG offers a comprehensive range of investment options and advanced trading tools, such as share trading, forex, CFDs, cryptocurrency, etc.
Then if you have any doubts or facing any issues the IG online trading platform provides round-the-clock support, has free courses to learn about trading also to gain ex knowledge and understanding you can also speak to other traders.
So this app has every possible solution.
Trading 212
Trading 212 is a platform that makes trading easier. It’s a commission-free trading platform that allows the inverters to enjoy the full benefits of the investment.
Here, similar to other popular trading platforms you can invest in a broad range of options like stocks, forex, etc.
But, the most interesting part of this platform is that this app allows fractional share trading, which makes it accessible to those with smaller budgets.
So, those who are feeling skeptical about Investing a good sum of money in stocks, EFTs, or anything else, can start investing with their small budget.
Trading 212 is a safe and user-friendly trading platform that will make your trading experience better.
Conclusion
In the end to clear to everyone that trading is not rocket science. By having trust in the share trading app in the UK you can easily begin your trading journey. So, based on your experience and requirements you can decide which trading platform is suitable for you.
