Best Trading Platforms, Brokers & Apps in UK

With this complete guide to trading platforms, top brokers, and innovative apps in the UK, you’ll be able to find yourself a broker to rely on in no time.

There is a trading platform to suit your needs regardless of what type of platforms and tools you prefer, the markets you’re interested in, and the money you have to spend.

We have spent well over 150 hours of research to get the facts straight.

The following guide is completely unbiased and based only on data.

Best Stock Trading Brokers & Platforms in the UK

1.Trade.com

#
trade stocks on a DMa or as cfds

2. IG MARKETS

#
top stockbroker based in the uk

3. etoro

#
copy trading as it’s meant to be
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

Compare the Best Stock Trading Platforms & Brokers in the uk

1. Trade.com
2. ig Markets
3. etoro
Fees
Spread on AmazonMin. £1.5Min. £20.09%
Commission
Withdrawal Fee0 %0%£25
Deposit & Withdraw
Minimum Deposit £100£250£200
Bank Transfer
Credit/Debit Card
Electronic wallets
Time to Withdraw1 Day1-3 Days1 Day
Assets & Platforms
How Many Stocks2,000+12,000+1,000+
PlatformMetaTrader 4 + DMAMetaTrader 4 + DMAeToro
Mobile App
Support & Safety
24/7 Availability
Free Account Manager
RegulationCySECFCACySEC/FCA
Based inCyprusThe UKIsrael
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes a good Stock Trading platform & broker in the uk

Finding a good stockbroker to trade stocks and related derivatives with is not an easy feat.

There are literally hundreds of brokers out there claiming to offer the best platform in the world, but only a few can live up to that promise.

In order to sort the subpar brokers from our top picks, we’ve reviewed every part of each online stockbroker in the UK.

Now, in terms of finding a solid online broker for stock trading, there are certain things we have to look at extra closely.

To start with, we need to make sure that every broker has a license and that they’re allowed to legally offer their services.

With that checked, we go straight for the selection of assets because a UK stockbroker with a limited selection of is no good.

Even though we believe in “the more the merrier,” we don’t necessarily want to see thousands of stocks from all over the world.

Usually, a couple of hundred companies from the London Stock Exchange as well as the top exchanges of Europe and the US is enough.

Naturally, a few Asian and Australian companies add some value, but it’s not a deal-breaker.

Then it’s time to check the fees and spread offered by the broker.

Since all online stockbrokers in the UK can set their own prices, you want to find the cheapest one or at least the most affordable.

This is easily done, and we’ve collected all the most important fee information in our comparison tables on this page.

Lastly, before making a final decision, the platform needs to be tested.

Nowadays, most trading platforms are really good, but that doesn’t mean they’re the best. That’s why every trading platform and stockbroker recommended by us, offers a platform that stands out.

In order to ensure this, we have our team test and evaluate the brokers through several hours of trading.

You see, even with a satisfying selection of stocks and assets, a poorly designed stock trading platform can ruin the whole experience and even lead to unnecessary losses.

Also, we love a broker that brings something new to the table. For example, IG Markets can be used as a stock spread betting broker in the UK, and we really enjoy that.

Best Forex Brokers & Platforms in the UK

1. eToro

#
24/7 Support & Great Platform

2. PLUS500

#
Many Assets To trade & good App

3. AVATRADE

#
Fast Withdrawal & Good Platform
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

Compare the Best Forex Trading Platforms & Brokers in the UK

1. Etoro
2. plus500
3.Avatrade
Fees
Spread for USD/EUR3 pips2 pips1.3 pips
Commission
Withdrawal Fee £250%£0
Deposit & Withdraw
Minimum Deposit £200£100£100
Bank Transfer
Credit/Debit Card
Electronic wallets
Time to Withdraw1 Day1 Day1+ Day
Assets & Platforms
How Many Currency Pairs4770+60+
PlatformseToroPlus500MT4, MT5
Mobile App
Support & Safety
24/7 Availability
Free Account Manager
RegulationCySECCySECCentral Bank of Ireland
Based inIsraelCyprusIreland
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.

What Makes a Good Forex Trading Platform & Broker in the UK?

Besides being licensed and legal to use, a good forex broker in the UK is defined by three things.

The quality of the platforms and tools offered, the number of tradeable currency pairs, and the fees and overall user experience. Unsurprisingly, that is what we base our reviews on.

Today, there is a plethora of different platforms one can use to trade forex, and we only recommend the best of the best.

You see, when trading forex with an online UK broker, you want the platform to work as an extension of yourself. This is where you’ll make all the important decisions but also where you’ll get all your data to base your decisions on.

Therefore, the platform has to operate accurately and without issues and bugs.

You also want to have access to a big selection of assets to trade.

There is a huge number of different currency pairs in the world, and the best online forex brokers offer as many of them as they can.

With that said, the size of the selections can vary a bit from broker to broker, but unless the platform supports majors, minors and at the very least a couple of exotic pairs, we won’t recommend them.

Forex trading is not supposed to be expensive or complicated which is why we always double and triple check all the fees.

For example, we don’t like to pay commission unless there is a good reason for it such as minimal fees elsewhere.

Also, the spread needs to be highly competitive, and on the off chance that we keep a currency pair overnight, we don’t want the overnight fees to ruin us.

UK forex brokers will never eradicate fees since that’s how they stay in business. However, the best forex brokers provide fees that are fair and make sense, meaning the fees customers pay matches the quality of the overall product.

And, as mentioned, trading with top forex brokers is not supposed to be expensive.

Best Cryptocurrency Brokers & Platforms in the UK

1. ETORO

#
great selection and a crypto exchange

2. Plus500

#
first online broker to offer bitcoin

3. Avatrade

#
the future of crypto trading
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

Compare the Best Crypto Trading Platforms & Brokers in the UK

1. Etoro
2. plus500
3.Avatrade
Fees
Spread for Bitcoin0.75%0.53%0.5%
Commission
Withdrawal Fee £250%£0
Deposit & Withdrawals
Minimum Deposit£200£100£100
Bank Transfer
Debit/Credit Cards
Electronic wallets
Time to Withdraw1 Day1 Day1+ Day
Assets & Platforms
How Many Cryptocurrencies16 (plus pairs)12 (plus pairs)12 (plus pairs)
PlatformseToro + eToroXPlus500MT4, MT5
Mobile App
Support & Safety
24/7 Availability
Free Account Manager
RegulationCySECCySECCentral Bank of Ireland
Based inIsraelCyprusIreland
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes a Good Crypto Trading Platform & Broker in the UK?

If you’re looking to trade cryptocurrencies with an online broker in the UK, there are a couple of things you need to be aware of.

Also, note that this post is focusing on online brokers and not necessarily the cryptocurrency exchanges. The reason for this is that crypto exchanges in the UK are still quite a new thing.

In fact, there isn’t enough regulation for exchanges anywhere in the world for us to be okay with recommending crypto exchanges.

That’s why we’ve only looked at online cryptocurrency brokers in the UK.

But don’t let that scare you – brokers are actually one of the few fully regulated ways to trade cryptocurrencies these days.

What all these brokers have in common is that their selection of cryptocurrencies is constantly growing.

Because of that, we don’t focus too much on the number of assets each broker offers. Although, we do appreciate a broker that mixes cryptocurrencies as CFDs with cryptocurrencies pairs, similar to forex.

Instead, most of our reviews are based around the fees and charges related to cryptocurrencies.

You see, being the fact that the cryptocurrency market is highly volatile, each UK cryptocurrency broker has to protect himself against the price movements.

This is done through fees and spread. Obviously, we want the fees to be as low and fair as possible, and any online crypto broker that is deliberately overcharging won’t be considered.

We also spend a lot of time testing the trading platforms for cryptocurrencies to make sure they’re user-friendly and easy to understand. All the tools you could need, from charts to stop-losses and everything in between, should be readily available and quick to apply.

Moreover, we really appreciate brokers that take cryptocurrency trading to a new level.

For example, eToro recently launched a full-blown exchange called eToroX. It shows that the cryptocurrency broker is taking things seriously and that they believe in the future of digital currencies.

Best Commodities Trading Platforms & Brokers in the UK

1. Trade.com

#
great platform, large selection

2. Ig Markets

#
decades of experience offering commodities

3. Plus500

#
Top trading platform in the world
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.

Compare the Best Commodities Trading Platforms & Brokers in the uk

1. Trade.com
2. IG Markets
3. plus500
Fees
Spread for Spot Gold0.05%0.3 pips0.02%
Commission
Withdrawal Fee0%0%£0
Deposits & Withdrawals
Minimum Deposit £100£250£100
Bank Transfer
Credit/Debit Card
Electronic wallets
Time to Withdraw1 Day1-3 Days1+ Day
Assets & Platforms
How Many Commodities223922
PlatformsMetaTrader 4 + DMAMetaTrader 4 + DMAPlus500
Mobile App
Support & Safety
24/7 Availability
Free Account Manager
RegulationCySECFCACySEC
Based inCyprusthe UKCyprus
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What makes a good Commodity Trading Platform & Broker in the UK?

The commodity market is currently experiencing an upswing, and it’s becoming more and more common to trade commodities with online brokers.

Markets like gold, soybean, and oil are considered to be slightly safer and more predictable than some other markets, and that remains the biggest attraction for traders.

If you’re looking for the best commodity broker in the UK, you’re in luck. All of the top brokers available in the region offer commodities in different shapes and forms.

Similar to when reviewing other markets, there are three main things we evaluate when looking for the UK’s best commodity broker: user experience, selection of assets, and quality of the platform.

Commodities tend to have stable and fair fees and spread which is great for obvious reasons.

Often times, there aren’t that many commodities on offer.

Even with some of the top brokers, and that makes it easier to pick and find the right ones for you.

Also, all the most basic trading strategies apply perfectly to commodity trading, and therefore the market is a good place to get some practice.

Because of this, we usually spend most of our time testing the trading platforms to ensure that they are up to our standards.

Execution needs to be swift, the charting tools have to be accurate and reliable with real-time data, and the commodity platform needs to run without bugs and other issues.

Since commodities are quite beginner-friendly, we also prefer a broker with solid educational material, and we like the top platforms where education and trading are integrated.

As mentioned, compared to other markets, commodities are drastically affected by the news, which is why we prefer a commodity broker in the UK that can provide accurate market updates and even a news feed.

Best Indices Trading Platforms & Brokers in the UK

1. Plus500

#
Very Serious broker With a great reputation

2. IG Markets

#
choose a platform that suits your needs

3. Trade.com

#
Amazing selection of indices
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

Compare the Best Indices Trading Platforms & Brokers in the uk

1. Plus500
2. IG Markets
3. Trade.com
Fees
Spread for Germany 300.79 pips1.0 pips£2
Commission
Withdrawal Fee0%0%£0
Deposits & Withdrawals
Minimum Deposit £100£250£100
Bank Transfer
Credit/Debit Card
Electronic wallets
Time to Withdraw1 Day1-3 Days1 Day
Assets & Platforms
How Many Indices3030+30+
PlatformPlus500MetaTrader 4 + DMAMetaTrader 4 + DMA
Mobile App
Support & Safety
24/7 Availability
Free Account Manager
RegulationCySECFCACySEC
Based inCyprusthe UKCyprus
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes a Good Indices Trading Platform & Broker in the UK?

As you know, the index market is closely connected to the stock market, which means that many of the great stockbrokers also happen to be excellent index brokers.

Although, some things set them apart, which is why we always look at the online UK indices brokers on their own.

Since the number of tradable indices is smaller than the number of stocks, currency pairs, and even cryptocurrencies, there is no excuse for not having a decent selection.

Also, this is one of those markets where we prefer to have access to instruments from all over the world.

That means we want to find indices brokers that provide access to European, Asian, North American, South American, Australian, and even African indices.

And we don’t need all of the indices from each continent, but we want access to the most attractive and lucrative ones.

Generally speaking, indices have rather low trading fees, and the spread is often not too high, which is why we expect a lot from the brokers we recommend on this front.

In fact, we expect the spread and fees to be at a minimum at all times, and any UK index broker that fails to do so won’t be listed here.

In terms of the indices platform offered, it also needs to be of top quality.

Many brokers have only one or a couple of platforms, and if they’ve proven themselves for other markets, it often means they’re good enough for indices trading as well.

However, we still spend the time needed to actually test drive the platforms, because in the end, the broker that gets crowned the best indices broker in the UK will have the best platform.

Best Trading Apps for Stocks, Forex & Crypto in the UK

1. etoro

#
copy trading on your smartphone

2. Plus500

#
apps of ios, android, and windows

3. AvaTrade

#
pick the trading app that suits you
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

Compare the best trading apps in the uk

1. etoro
2. Plus500
3. Avatrade
Fees
Spread for Amazon0.09%2 pips1 pips
Commission
Withdrawal Fee£250%£0
Deposit & Withdrawal
Minimum Deposit £100£250£100
Bank Transfer
Credit/Debit Card
Electronic wallets
Time to Withdraw1 Day1-3 Days1 Day
Assets & Platforms
How Many Stocks1,000+1,500+90
How Many Currency Pairs4770+60+
How Many Cryptocurrencies16 (plus pairs)12 (plus pairs)12 (plus pairs)
How Many Commodities62215
How Many Indices123023
PlatformseToro MobilePlus500 MobileAvaTradeGo
iOS
Android
Support & Safety
24/5 Availability
Free Account Manager
RegulationCySECCySECCentral Bank of Ireland
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs

What Makes a Good Trading App in the UK?

Only a few years ago, mobile trading was not a thing.

Yes, there were trading apps in the UK, but most of them were subpar and a lot of them only had support for analytic work.

Today, the industry is completely different, and there isn’t a top broker in the UK or elsewhere that hasn’t developed a solid trading app.

In turn, this has resulted in the requirements for trading apps and platforms in the UK to soar, and we have become incredibly picky when it comes to recommending trading apps.

Nowadays, the best trading apps are so good that they act as an extension to a broker’s regular desktop platform.

It’s gotten so far that we don’t recommend a UK trading app unless it’s on the same level as the said broker’s regular platform.

Now, there are still some limitations to mobile trading, especially in relation to the smaller screen. But besides that, we hold the same high standards for trading apps as we do for other trading platforms.

In terms of basic requirements, the best trading apps in the UK are all available on iOS and Android, anything besides that such as Windows Phones is considered a huge bonus.

The apps are also easy to use, and we like brokers that have more than one app, as long as all apps have the same quality.

You see, unlike a desktop platform, a trading app tends to do better when focused on one market, for example, one app for CFDs and one for forex, or one for all markets and one for cryptocurrencies.

This solution requires that one account can be used for both apps.

Other than that, we aim a lot of our focus on the design since we want the app to be easy to use and navigate.

The app should also match the overall theme that the broker represents, and it has to be reliable in terms of no to minimal bugs, speedy execution, etc.

No one should have to lose out on a great opportunity due to a technical flaw in the UK trading app they picked.

How We Did This Research

Researching the best brokers, platforms, and trading apps in the UK is no easy feat.

It takes us way over 150 hours to do a basic review of a market and the leading brokers that operate on the market.

However, since we want our reviews to be extremely comprehensive, we spend considerably longer than that.

We also follow our guidelines in terms of what features to look at the most, how to test the platform out in an efficient way, and red flags to keep an eye on.

In the end, our reviewing process comes down to us putting our experience to work, and we all work on these reviews with the goal of finding brokers that not only you would feel comfortable using, but that we would use on our own.

When needed, we contact the brokers – either through customer service or on a manager level – to ensure that all the information and data we share, is, in fact, correct.

There are also times when we have questions about something and can’t find the answer, and then we usually get help from that broker.

The Legal Status of Trading in the UK

CFD and forex trading is completely legal in all of the UK.

Unlike many other regions, the UK also permits spread betting which is similar to CFDs but more simple and completely free of taxes in the UK.

It’s the Financial Conduct Authority that oversees the market on guidelines that were put together within the EU. Technically, all brokers operating in the UK should have a license from the FCA, but other European licenses such as the CySEC, are widely accepted as trustworthy.

  • eToro
  • Markets.com
  • 24Option
  • IQ Option
  • BDSwiss
  • HotForex
  • Trade.com
  • Libertex 
  • Plus500
  • XTB
  • InstaForex
  • IG Markets
  • GKFX
  • LionsFX
  • Valutrades
  • XM
  • IronFX
  • Blackwellglobal
  • FPmarkets
  • Amana Capital
  • Admiral Markets
  • Alvexo
  • Bizintra
  • Pepperstone
  • Windsorbrokers
  • FXPro
  • ForexTime
  • HYCM
  • FXGrow
  • Teletrade
  • Trader.online
  • Marketscube
  • Finmaxbo
  • FXCC
  • Oanda
  • Forex.com
  • LCG
  • CMC Markets
  • FXCM
  • iForex
  • IFC Markets
  • AAAtrade
AdamJarfjord1
Adam Jarfjord
Senior Editor

With several years of experience writing financial copy combined with an avid interest in forex trading, Adam possesses a superb understanding of the industry.

FAQ – Everything About Trading Platforms & Brokers in the UK

Below, we’ve collected all the most commonly asked questions regarding trading apps in the UK with detailed answers to all of them. As the market grows and the questions change we will update the list and make sure that it’s always up to date.

If you ever have any questions or concerns regarding trading on apps in the UK, you will find the answer below.

Which Trading Platform is Best for Beginners UK?

eToro unique copy trading platform makes it easier for beginners to trade successfully. The broker also has amazing educational material as well as a social trading network where you can learn how to trade from other traders.

Which Is the Best Forex Broker for Beginners in the UK?

All of the above-mentioned brokers are great for beginners. However, out of all of them, eToro and AvaTrade are the most beginner-friendly.

Is Forex Trading Legal in UK?

Yes, forex trading is completely legal and fully regulated by the Financial Conduct Authority (FCA).

Can I Trade US Stocks in the UK?

Absolutely! You either trade the stocks as derivatives or you use a DMA (direct market access) platform to trade the stocks directly from the exchange.

Which Is the Best App for Stock Trading in the UK?

IG Market has established themselves as a leading online stock broker in the UK and their app is fantastic and easy to use

Which Stock Trading Site is Best for Beginners in the UK?

There are many trading sites focusing on stock trading for beginners, but some are better than others. Personally, we think that IG Market and eToro’s sites are some of the best, and you will definitely find comprehensive stock trading guides for beginners on both.

Where Can I Buy Cryptocurrency in the UK?

When trading cryptocurrencies, you have two choices. You either buy the digital currencies from an exchange with the purpose of trading them or storing them in a wallet. Or you use an online broker to buy the assets as they are, as well as trade them as CFDs.

We think that cryptocurrency brokers are the best option since they offer the cryptocurrencies in different formats. For example, using eToro to trade cryptocurrencies in the UK, has never been easier since they launched their eToroX cryptocurrency exchange.

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