Traders can choose from the UK’s top brokers to find one that fits their investment goals and risk tolerance. Some of the best UK brokers combine affordability with a wide range of investments, while others are notable for their customer service, user interfaces, and fees.
For example,online investment platform reviews is highly rated for its customer service and the ease with which it allows investors to manage their accounts online. It also offers a secure platform, as it is regulated by the Financial Conduct Authority and protected by the FSCS up to PS85,000. Another leading UK broker is eToro, which is popular with budget-conscious investors because it charges no commissions to buy or sell stocks on international markets. It also supports fractional shares, which makes it easier for investors on a tight budget to afford high-value stocks.
Investing in IPOs on eToro: A Guide for UK Investors
Other major UK stockbrokers include Hargreaves Lansdown, Halifax Share Dealing, and its budget brand iWeb. These companies all offer a range of trading tools and investment options, including ISAs and SIPPs. However, they all charge for using their services, which can add up over time.
UK traders can also open a trading account with XTB, which is known for its excellent research and education tools, user-friendly platforms, and strong regulatory oversight. It is authorised and regulated by the FCA, so it adheres to strict financial standards. Additionally, XTB’s London location reinforces its commitment to catering to UK users. Traders can trade a variety of assets with XTB, which includes forex, commodities, indices, and stock CFDs.