Top Share Trading Apps in the UK

To determine the best stock trading apps and platforms for investors in the United Kingdom, we have developed a methodology that quantifies each broker’s advantages and disadvantages. Factors taken into consideration include regulatory compliance in the UK, supported stocks & assets, user experience, GBP deposit methods and fees.

Refer to the list below for a comprehensive summary of the top five stock trading platforms in the United Kingdom.

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1. eToro

eToro lands the prize as the best overall stock trading platform in the UK, granting investors unfettered access to over 3,000 equities, ETFs, commodities and more. Their platform is trusted by over 30 million investors and is licensed by the Financial Conduct Authority (FCA) - making them one of the safest institutions to invest and trade stocks.

The platform distinguishes itself through cutting-edge social trading features like Copy Trading and a Virtual Account, which allows users to hone their skills with £100K in demo funds. They are also widely regarded for their low fees, tight spreads and user-friendly deposit options for British Pounds (GBP). 

  • Fees: Zero trading fees and 1% spread.
  • Assets: 3,000+ stocks, ETFs, commodities, currencies and more.
  • Regulation: Licensed by the Financial Conduct Authority (FCA).
  • GBP Deposit Methods: Faster Payments, Bank Transfers, Debit Cards, Credit Cards and PayPal.
eToro UK

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2. Trading 212

Trading 212 ranks as the best alternative in the UK, offering a powerful and intuitive trading platform that caters to both experienced and beginner investors. With more than 12,000 global stocks, ETFs, and fractional shares, this platform provides ample opportunity for diversification. Trading 212 is also FCA-regulated with over 2 million users and £3 billion in client assets and cash securely custodied.

The platform stands out with its commission-free trading, tight spreads, and user-friendly interfac.. Additionally, Trading 212 offers a robust practice account with £50K in virtual funds, empowering users to sharpen their investing strategies before committing real capital.

  • Fees: Zero trading fees and 1-1.5% spreads.
  • Assets: 10,000+ global stocks, ETFs, and fractional shares.
  • Regulation: Licensed by the Financial Conduct Authority (FCA).
  • GBP Deposit Methods: Faster Payments, Bank Transfers, Debit Cards, Credit Cards and Google Pay.
Trading 212 UK

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3. Freetrade

Freetrade is the best stock platform for ISAs, offering a wide array of UK and US stocks, ETFs, and Investment Trusts. As an FCA-regulated platform, Freetrade delivers a secure investment experience. Their intuitive mobile app simplifies the investment process, making it accessible even to first-time investors.

Freetrade's primary selling point is its commission-free trading, low-cost ISA accounts, and fractional share trading capabilities. The platform also offers a unique referral program, granting users a free share worth up to £200 when they refer friends.

  • Fees: Zero trading fees.
  • Assets: UK and US stocks, ETFs, and Investment Trusts.
  • Regulation: Licensed by the Financial Conduct Authority (FCA).
  • GBP Deposit Methods: Faster Payments, Bank Transfers, and Apple Pay.
Freetrade

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4. AJ Bell

AJ Bell is the go-to platform for institutional investors, offering a comprehensive suite of investment options, including SIPPs, ISAs, and a general investing account. AJ Bell's platform, which is FCA-regulated, is renowned for its vast research tools, expert insights, and award-winning customer service.

While AJ Bell's fees are slightly higher than competitors, the platform makes up for it with its extensive investment selection, advanced charting tools, and dedicated support for institutional investors.

  • Fees: Tiered trading fees, starting at £1.50 per deal.
  • Assets: Stocks, ETFs, Investment Trusts, Bonds, and Funds.
  • Regulation: Licensed by the Financial Conduct Authority (FCA).
  • GBP Deposit Methods: Faster Payments, Bank Transfers, and Debit Cards.
AJ Bell

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5. Hargreaves Lansdown

Hargreaves Lansdown is a strong alternative for ISAs, offering a diverse range of stocks, ETFs, Investment Trusts, and funds. As an FCA-regulated platform, Hargreaves Lansdown provides a secure and reliable investment experience. The platform is known for its in-depth research, expert analysis, and outstanding customer service.

While fees are higher compared to some competitors, Hargreaves Lansdown offers a solid platform with a comprehensive selection of investment products, making it a worthwhile consideration for UK investors.

  • Fees: Tiered trading fees, starting at £11.95 per deal.
  • Assets: Stocks, ETFs, Investment Trusts, Bonds, and Funds.
  • Regulation: Licensed by the Financial Conduct Authority (FCA).
  • GBP Deposit Methods: Faster Payments, Bank Transfers, Debit Cards, and Cheques.
Hargreaves Lansdown

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How to Buy Stock in the UK for Beginners

Getting started on your stock investing journey may seem daunting, but with the right guidance and approach, beginners can quickly become proficient. Here's a step-by-step guide to help you navigate the stock-buying process with confidence in the UK:

  1. Research and Educate: Acquire basic knowledge about investment concepts, stock market functioning, and risk management.
  2. Set Goals and Strategy: Identify your investment objectives and select appropriate strategies, such as value, growth, or dividend investing.
  3. Choose a Trading Platform: Pick a suitable stock trading platform based on fees, assets, and user experience.
  4. Open an Account: Register with your chosen platform and complete the necessary identity verification.
  5. Fund Your Account: Deposit GBP using the available methods, such as bank transfers or debit cards.
  6. Research Stocks: Utilize platform tools and resources to identify stocks that align with your goals and strategy.
  7. Place an Order: Buy stocks using market or limit orders, and monitor your investments regularly.

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Who Regulates the Stock Market in the UK?

The Financial Conduct Authority (FCA) is the UK's primary securities market regulator. Established in 2013, this independent authority safeguards investor interests, ensures market transparency, and upholds financial system stability. The FCA oversees market participants, such as stock exchanges, brokers, and investment firms. By setting standards, enforcing compliance, investigating abuses, and imposing penalties, the FCA plays a pivotal role in maintaining the UK stock market's smooth operation.

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Do you Need a Broker to Buy Stocks?

In the UK, to purchase stocks, a broker is typically required. Brokers act as intermediaries, connecting individual investors with stock exchanges, facilitating stock transactions. Today, many investors opt for online brokers, which provide user-friendly platforms, research tools, and competitive fee structures, making it simpler than ever to trade stocks with ease and confidence.

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Bottom Line

In conclusion, investing in UK stocks is a secure and straightforward process due to the strict regulations enforced by the FCA. Our top five stock trading platforms - eToro, Trading 212, Freetrade, AJ Bell, and Hargreaves Lansdown - cater to various investor needs, offering diverse assets, competitive fees, and user-friendly experiences. 

To begin investing in the UK stock market, acquire basic investment knowledge, set goals, choose a trading platform, and start building your portfolio.