Here’s a guide to the best trading apps available in the UK, tailored for traders at all levels, covering essential features, benefits, and considerations:
What Makes a Great Trading App?
Before diving into specific apps, it’s crucial to know the features that define the best trading platforms:
- User Interface and Experience:
- Clear layout, intuitive navigation, and easy-to-use tools for beginners and professionals alike.
- Regulation and Security:
- FCA (Financial Conduct Authority) regulation is a must for UK-based traders.
- Secure logins, two-factor authentication, and data encryption.
- Range of Markets:
- Access to a broad range of markets, including stocks, ETFs, forex, cryptocurrencies, and CFDs.
- Fees and Pricing:
- Transparent pricing structures with no hidden charges.
- Low commissions and competitive spreads.
- Trading Tools:
- Advanced charting tools, technical indicators, and educational resources.
- Automated trading features like algorithms or copy trading.
- Customer Support:
- Prompt, professional, and available across multiple channels (live chat, phone, email).
- Mobile Optimization:
- Seamless trading experience on both Android and iOS platforms.
Top Trading Apps in the UK
1. eToro
- Best for Social Trading
- Overview: eToro is popular for its social trading features, allowing users to follow and copy successful traders.
- Features:
- Zero-commission stock trading.
- Access to stocks, ETFs, cryptocurrencies, forex, and commodities.
- User-friendly interface with robust social trading tools.
- Fees:
- No commission on stocks; spreads apply to other assets.
- $5 withdrawal fee.
- Pros:
- Innovative CopyTrader feature.
- Suitable for beginners.
- Strong crypto offering.
- Cons:
- Limited tools for advanced traders.
- USD-only accounts (currency conversion fees apply).
2. Trading 212
- Best for Commission-Free Trading
- Overview: Known for commission-free trading and fractional shares, Trading 212 is ideal for retail traders.
- Features:
- Trade stocks, ETFs, forex, and CFDs.
- Practice mode with virtual funds.
- AutoInvest tool for portfolio management.
- Fees:
- No commission on stocks and ETFs.
- Fees apply to CFD trading and currency conversion.
- Pros:
- No deposit fees.
- Beginner-friendly.
- Advanced research and analysis tools.
- Cons:
- Limited options for professional traders.
- Restricted crypto trading.
3. IG Trading
- Best for Advanced Traders
- Overview: IG is a market leader with an extensive range of instruments and professional-grade tools.
- Features:
- Access to over 17,000 markets.
- Advanced charting tools and educational resources.
- Seamless integration with MT4 and ProRealTime.
- Fees:
- Competitive spreads for forex and CFDs.
- Stock trading: £3 per trade (active traders).
- Pros:
- FCA-regulated and highly secure.
- Comprehensive educational content.
- Professional-grade tools.
- Cons:
- Higher fees for casual traders.
- Platform complexity might overwhelm beginners.
4. Hargreaves Lansdown (HL)
- Best for Long-Term Investments
- Overview: HL offers a comprehensive investment platform focusing on stocks and funds.
- Features:
- Broad range of investment products, including ISAs and pensions.
- Trusted reputation with decades of experience.
- Fees:
- £11.95 per trade (reduces with volume).
- Annual account fee for funds: 0.45%.
- Pros:
- Excellent customer service.
- Strong research and market analysis tools.
- Cons:
- High fees for active traders.
- Limited features for short-term trading.
5. Interactive Brokers (IBKR)
- Best for Professionals
- Overview: IBKR is renowned for its sophisticated platform catering to advanced traders and institutions.
- Features:
- Global market access to 150+ markets in 33 countries.
- Low margin rates and advanced trading algorithms.
- Extensive research and educational tools.
- Fees:
- Low commissions: £0.0035 per share (minimum £1.40).
- Pros:
- Best-in-class execution and reliability.
- Ideal for options and futures trading.
- Cons:
- Steep learning curve for beginners.
- Monthly inactivity fees (for low-balance accounts).
6. Revolut
- Best for Casual Investors
- Overview: Revolut, a digital banking app, offers trading alongside its financial services.
- Features:
- Buy stocks, crypto, and commodities.
- Easy account setup with no minimum balance.
- Fees:
- Free trades (limits apply); additional trades cost £1 each.
- Crypto trading fees: 1.5%-2.5%.
- Pros:
- Simple and convenient for everyday users.
- Integrated with banking features.
- Cons:
- Limited trading tools.
- Not suitable for serious traders.
Comparison Table
| Feature | eToro | Trading 212 | IG Trading | Hargreaves Lansdown | Interactive Brokers | Revolut |
|---|---|---|---|---|---|---|
| Best For | Social Trading | Free Trading | Advanced Tools | Long-Term Investment | Professionals | Casual Investors |
| FCA Regulated | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Commissions | None (stocks) | None (stocks) | £3+ | £11.95+ | £1.40+ | Free (limits) |
| Markets Offered | Stocks, ETFs, Crypto, CFDs | Stocks, ETFs, Forex | 17,000+ | Stocks, Funds | Global | Stocks, Crypto |
| Education Tools | Medium | Basic | Advanced | Strong | Excellent | Limited |
| User Experience | Beginner-friendly | Beginner-friendly | Professional | Moderate | Complex | Simple |
Key Considerations When Choosing a Trading App
- Trading Goals:
- Are you a day trader, long-term investor, or beginner? Different apps suit different needs.
- Fees and Commissions:
- Evaluate fees based on your trading volume and strategy.
- Regulation:
- Always ensure the app is regulated by the FCA for safety and compliance.
- Mobile Functionality:
- If you trade on the go, ensure the app is mobile-optimized without sacrificing features.
- Support and Resources:
- Look for apps offering robust customer support and educational content.
Conclusion
The best trading app for you depends on your trading style and goals:
- Beginners: Trading 212 or eToro.
- Advanced Traders: IG Trading or Interactive Brokers.
- Long-Term Investors: Hargreaves Lansdown.
Evaluate each app’s features, fees, and usability to find the one that aligns with your needs. Always start with a demo account when available to get comfortable with the platform.


