Best Investment Platforms UK – Compare Top Investment Platforms UK

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If you want to trade assets online – you will need to open an account with a top-rated investment platform. Your chosen provider must support your preferred asset class – such as stocks or cryptocurrencies and offer competitive fees and commissions. You also need to think about accepted payment methods and minimum deposit amounts.

This guide reviews the Best Investment Platforms UK and walks you through the process of getting started with a trading account in under five minutes.

#1 Investment Platform UK – eToro

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

Best Investment Platform UK – List of Top Investment Platforms UK

If you’re strapped for time and are simply looking for an overview of the best investment platforms in the UK – check out our list of top-rated providers below.

  • eToro – Overall Best Investment Platform UK
  • Capital.com – Best Investment Platform in the UK for Beginners
  • AvaTrade – Best UK Investment Platform for Research and Analysis
  • Pepperstone – Best UK Investment Platform for ZERO Spread Accounts
  • Plus500 – Best UK Trading Platform for Asset Diversity

We review the above top-rated UK investment platforms further down in this guide.

Cryptoassets are highly volatile unregulated investment products. No EU investor protection. 67% of retail investor accounts lose money when trading CFDs with this provider

Best Investment Platform UK – Full Reviews

In choosing the best investment platform UK for your financial goals – you first need to explore which assets and markets are supported. For example, are you looking to invest in stocks and ETFs, or perhaps trade cryptocurrencies or forex? As noted earlier, you also need to consider fees, payments, minimum deposit amounts, and of course – regulation. 

Taking these factors into account, our research team has done the hard work for you by reviewing the very best investment platforms in the UK right now.

1. eToro – Overall Best Investment Platform UK for 2021

bitcoin todayIrrespective of whether you are a professional trader or a first-time investor – we found that eToro is the overall best investment platform in the UK. In terms of asset diversity, eToro is home to thousands of financial instruments across various investment classes. For example, if traditional equities are your thing – you will find more than 2,500 shares across 17 UK and international marketplaces. You can invest in your chosen stock from just $50 – or about £36.

You will also find a wide selection of investment funds, trusts, and ETFs – which is ideal for those of you seeking a passive and diversified trading strategy. Both stocks and ETFs at eToro can be invested in on a 0% commission basis – and no stamp duty tax is charged on UK-listed equities. If you are interested in trading on a short-term basis, eToro also offers dozens of major, minor, and exotic forex pairs, as well as commodities like gold, silver, natural gas, oil, and wheat.

etoro app review

eToro is also a popular investment platform in the UK for digital currencies. You will find over 30+ leading crypto assets – such as Bitcoin, XRP, Dogecoin, Litecoin, and Ethereum. These cryptocurrencies can be investing in at a minimum of just $25 and on a spread-only basis. This ensures that you can invest in a low-cost manner – as spreads are typically very competitive at eToro. Another popular investment tool used on the eToro platform is the Copy Trading service.

In its most basic form, this allows you to copy a successful investor that uses eToro to trade. For example, you might elect to invest in a proven stock trader that buys and sells shares on a long-term basis. If, for instance, the trader risks 10% of their portfolio on Tesla shares, the same position will be reflected in your own eToro portfolio. Crucially, this is a great tool for beginners – as you can invest without needing to have any prior knowledge of the trading markets.

etoro app review

When it comes to credibility, this is where eToro really stands out. First and foremost, the brokerage firm is authorized and regulated by the FCA, ASIC, CySEC, and the SEC. Your investment capital is also covered by the FSCS up to the first £85,000. To get started with this top-rated investment platform – you can open an account in under five minutes by providing some personal information. You can then deposit funds with a debit/credit card, Paypal, Skrill, or via a bank transfer – before placing your first investment!

Pros

  • Invest in cryptocurrencies on a spread-only basis
  • Top-rated cryptocurrency wallet app on Android and iOS
  • Minimum investment per trade from just $25
  • Supports debit/credit cards, e-wallets, and local bank transfers
  • Regulated by the FCA, CySEC, and ASIC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

67% of retail investor accounts lose money when trading CFDs with this provider.

2. Capital.com – Best Investment Platform in the UK for Beginners

capital.com reviewCapital.com is a leading trading platform that offers two core financial instruments – CFDs and spread betting. Both of these vehicles allow you to buy and sell financial instruments without owning the underlying asset. This is because you will be trading financial derivatives that are simply tasked with tracking the asset’s price in real-time. Although this might sound somewhat confusing – it’s actually just a case of deciding whether you think the price of the asset will rise or fall.

At Capital.com, you can trade thousands of markets – with the broker covering UK and international stocks, ETFs, forex, commodities, and indices. Regardless of which marketplace takes your fancy – you will always pay a commission rate of 0%. You will also find that Capital.com is very competitive when it comes to spreads – especially on major markets. As a CFD and spread betting platform, Capital.com also allows you to trade with leverage.

capital.com review

As per UK regulations, the maximum leverage offered to retail clients is 1:30 on major currencies and less on other asset classes. You also have the option of going long or short on your chosen financial instrument. In effect, this gives you the opportunity to profit from both rising and falling prices – which offers a lot more flexibility in comparison to traditional brokers. Capital.com offers various ways in which you can trade – which includes MT4 and its own native platform. There is also a Capital.com app on Android and iOS.

In terms of getting started, Capital.com requires a minimum deposit of just £20 when you fund your account with a debit/credit card or e-wallet. But, bank transfer deposits require a minimum of £250. Nevertheless, there are no fees to deposit or withdraw funds, nor will you need to pay any ongoing platform fees. When it comes to safety and security, Capital.com is authorized and regulated by the FCA. Much like eToro, the brokerage site is also covered by the FSCS.

Pros

  • Top-rated spread betting and CFD broker
  • Regulated by the FCA
  • Minimum deposit just £20 (debit/credit cards and e-wallets)
  • 0% commission on all markets
  • Tight spread and no deposit/withdrawal fees
  • Thousands of financial markets supported
  • Great for beginners

Cons

  • Advanced traders might find the platform too basic
  • Minimum deposit of £250 on bank transfers

76.25% of retail investor accounts lose money when trading CFDs with this provider.

3. AvaTrade – Best UK Investment Platform for Research and Analysis

avatrade reviewAvaTrade is another platform that allows you to trade CFD instruments and spread betting markets. You will have access to a wide selection of assets – which includes dozens of forex pairs, commodities, and indices. You can also trade stocks from various marketplaces and regions. All supported markets on this top-rated investment platform can be traded at 0% commission and in most cases – with tight spreads.

You can trade via the main AvaTrade platform or by downloading MT4/MT5 to your desktop device. AvaTrade also offers a fully-fledged mobile app that allows you to invest and trade while on the move. As a provider that specializes in financial derivatives, you can trade with leverage – within FCA limits.

avatrade review

You can also go long or short on your chosen market for added flexibility. The AvaTrade platform is regulated in seven different jurisdictions – so safety and security are assured. The minimum deposit to get started is just £100 – and the easiest way to fund your account is with a debit/credit card.  With that said, AvaTrade also offers a demo trading facility – which you can access for free as soon as you have registered. This comes with a pre-loaded balance that allows you to trade risk-free with paper funds.

Pros

  • Regulated in seven jurisdictions
  • 0% commission on all supported markets
  • Offers spread betting and CFD instruments
  • Minimum deposit of just £100
  • Free demo account
  • Supports MT4 and MT5

Cons

  • Spread betting department limited to just 200+ financial markets
  • No support for instant bank transfers

Trading CFDs and FX Options entail risk and could result in the loss of your capital.

4. Pepperstone – Best UK Investment Platform for ZERO Spread Accounts

pepperstone review

Pepperstone is an online investment platform that specializes in financial derivatives – notably, via CFDs and spread betting markets. There are several reasons why traders in the UK favor Pepperstone – especially when it comes to its ZERO spread accounts. In a nutshell, this account type will allow you to trade without paying any spreads – meaning you are getting the best market price available.

This is because you will be trading directly with other market participants. Instead of paying a spread, you will pay a small commission per slide – which averages £2-3 for every £100,000 traded. With that being said, Pepperstone also offers a 0% commission account. While you won’t need to pay any commissions to open and close a position – you will need to factor in the spread.

peppertstone review

Either way, Pepperstone gives you access to a variety of marketplaces. For example, you can trade everything from stocks and forex to commodities and indices. All markets available on the Pepperstone website can be traded with leverage – and both long and short positions are supported. Pepperstone is authorized and regulated by the FCA – so safety should be of no concern.

Pros

  • 1,000+ markets covering shares, indices, commodities, forex, and more
  • Spread betting and CFD trading markets
  • 0% commission accounts available
  • No minimum deposit
  • Authorized and regulated by the FCA
  • Compatible with both MT4 and MT5

Cons

  • Pricing structure is a bit confusing
  • Education department is limited

at eToro, UK’s #1 Investment Platform

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Plus500 – Best UK Trading Platform for Asset Diversity

plus500 reviewPlus500 is a leading provider in the UK CFD trading space. First launched in 2008, the platform is adequately regulated. You can trade a huge number of financial instruments at Plus500 – which includes thousands of stock CFDs from both UK and intentional markets. Other instruments supported by Plus500 include indices, ETFs, hard metals, agricultural products, energies, and bonds – all in the shapes of CFDs.

This means that UK traders can access leverage of up to 1:30 (major currencies – less on other assets). You can also attempt to profit from rising and falling prices with a buy or sell order offered on all markets. When it comes to fees, Plus500 is a 0% commission platform with competitive spreads.

plus500 review

The platform does not charge any fees for deposits or withdrawals either. If you like the sound of Plus500, you can access the platform online or via the iOS/Android app. Getting started takes minutes and you only need to meet a minimum first-time deposit of £100. Finally, Plus500 also offers a selection of educational and research tools – which includes news and market insights.

Pros

  • Trusted CFD trading platform
  • 0% commission on all markets
  • Very competitive spreads
  • Mobile investment app available on Android and iOS devices
  • Minimum deposit of £100
  • Supports debit and credit card payments – fee-free
  • Thousands of assets

Cons

  • No spread betting facilities
  • No support for third-party trading platforms (e.g. MT4)

at eToro, UK’s #1 Investment Platform

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Find the Best Investment Platform UK

Although we have conducted in-depth analysis on the best investment platforms in the UK – it is also a good idea to do some independent research before proceeding. This will give you the best chance possible of selecting the right platform for your financial goals.

To help you achieve this goal – below we discuss the most important factors to assess when choosing the best investment platform in the UK for you.

FCA Regulation and FSCS Protection

The best investment platforms in the UK will be authorized and regulated by the FCA. This ensures that the platform offers fair trading conditions and complies with all relevant laws on investor protection.

  • For instance, the FCA requires all of the investment platforms that it licenses to keep client capital in segregated bank accounts.
  • Furthermore, and perhaps most importantly, the very best investment platforms in the UK will be covered by the FSCS.
  • This means that in the unlikely event your chosen platform ceases to exist, your trading capital would be protected up to the first £85,000.

We would strongly suggest that if your chosen investment platform is not regulated by the FCA nor covered by the FSCS – you should look for an alternative option.

Available Markets

You should check to see what assets and markets the investment platform offers prior to signing up. For example, if you are looking to invest in cryptocurrencies, be sure to explore what digital currencies are supported. Similarly, if you want to invest in shares, check what stock exchanges the platform supports and whether you will have access to international markets.

etoro markets

At eToro, you can invest in stocks, ETFs, trusts, funds, and cryptocurrencies – as well as trade hard metals, energies, indices, and agricultural products!

Fees, Commissions, and Spreads

It is crucial to know how much you will be charged to use your chosen investment site. For example, the best investment platforms that we came across offer 0% commissions and tight spreads. You should also look at whether or not you will be charged to make a deposit and/or withdrawal, as well as whether there are any ongoing platform fees.

Payment Methods

You will need to make a deposit into your trading account before you can start making investments. The best investment platforms in the UK will support debit and credit card deposits – as this will result in your payment being processed instantly.

Bank transfers are also popular with UK investment sites, but this can often take 1-3 working days to process. We also found that platforms like eToro support a range of e-wallets – which includes both Paypal and Skrill.

Leverage

If you have sufficient levels of experience in the online trading arena, it’s worth checking if your chosen investment platform offers leveraged products. If it does, then this will allow you to invest more money than you have available in your trading account.

etoro forex

As we briefly noted earlier, FCA-regulated brokers can offer a maximum leverage ratio of 1:30 on major forex pairs, and less on other assets. For example, stocks can be traded at a leverage of 1:5.

Account Minimums

If you are getting into the online investment scene for the first time, or you’re only able to trade with a certain amount of money – it’s important to assess what the account minimum is at your chosen platform. This comes in two forms – deposits and stakes. Regarding the former, some platforms have a minimum deposit policy – which can exceed £500.

  • At eToro, the minimum first-time deposit is just $50 – or about £36. When it comes to the minimum investment amount – this is where things really get interesting.
  • For example, let’s say that you used popular UK-based stockbroker Hargreaves Lansdown to invest in Amazon shares.
  • At the time of writing, a single Amazon share is trading at over $3,330 – which amounts to approximately £2,400.
  • It goes without saying that this is a lot of money to invest in a single stock.
  • Fortunately, you have investment platforms like eToro – which support fractional ownership.
  • This means that you can invest any amount of your choosing into Amazon – as long as you meet the minimum of $50.

This is particularly enticing for those looking for an investment platform that supports small stakes.

Mobile App

We would also suggest checking whether or not your chosen UK investment platform offers a mobile app. If it does, this will allow you to access your investment account no matter where you are – as long as you have access to the internet. The best investment platforms in the UK will offer an app that is compatible with both iOS and Android devices.

best investment apps UK

The app should allow you to buy, sell, and trade financial instruments on the move, view the value of your portfolio, contact customer support, and more.

Get Started With the Best Investment Platform – Detailed Walkthrough

If you have never used an investment platform previously – the good news is that you can often get started with an account in under five minutes. It’s just a case of registering an account, making a deposit, and choosing which investments you wish to make.

If you need some help with the setup process – below we explain how to get started with an investment at FCA-regulated platform eToro.

Step 1: Open a Trading Account

Like all regulated investment platforms, eToro will initially ask you to open an account by providing some personal information and contact details. This will require your name, date of birth, home address, mobile number, email, and national insurance number.

how to join etoro

You will then be asked to verify your identity – which can be done by uploading a copy of your passport or driver’s license. If you are not planning to deposit more than $2,250 (about £1,600) at this stage – you can confirm your identity later.

Cryptoassets are highly volatile unregulated investment products. 67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Add Investment Funds

In order to make investments on the eToro platform, you will first need to add some funds to your account. The minimum deposit is just $200 for UK residents – or about £145. After that, you can make crypto investments from just $25 and $50 on most other supported financial instruments.

To deposit funds into your eToro account instantly, choose from the following payment types:

  • Debit Card
  • Credit Card
  • Paypal
  • Skrill
  • Neteller

If you wish to deposit funds via a UK bank account, eToro supports this too. However, this can delay the deposit process by a number of days.

Step 3: Search for an Investment Product

At eToro, you will have access to forex, stocks, ETFs, commodities, cryptocurrencies, indices, and more. If you are unsure which investment product is suitable for your portfolio, click on the ‘Trade Markets’ button. In doing so, you can view all of the markets listed on the eToro platform.

invest in stocks etoro On the other hand, if you know which investment you wish to make – you can use the search box at the top of the page. For example, in the image below, we are looking to invest in Astrazeneca stocks, so will simply search for the company. When you see the correct result load, you can click on the ‘Trade’ button.

Step 4: Enter Stake and Confirm Investment

The final step is to enter the amount of money that you wish to invest in your chosen asset. In our example below, we are looking to meet the minimum – which is $50 at eToro when investing in stocks.

invest in stocks etoro

Once you are ready to confirm your investment – click on the ‘Open Trade’ button. If like in our example, you elected to invest in a UK-listed stock such as AstraZeneca – you would have done so at a commission rate of 0% and without paying any stamp duty!

Best UK Investment Platform – Conclusion

In summary, when selecting the best UK investment platform for your financial goals – you need to focus on fees, supported markets, payments, customer support, and of course – regulation. 

After reviewing dozens of providers in this space, we found eToro to be the overall best investment platform in the UK. Safety is assured with eToro, as the platform is regulated by the FCA and covered by the FSCS.

Furthermore, eToro supports thousands of investment products – which includes a huge selection of UK and international stocks at 0% commission!

eToro – Best Investment Platform UK

1
$50Exclusive promotion
Our score10
  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
0% Commissionstart TradingOur score 10

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.