In our quest for the best trading app for beginners in the UK, we have tested XTB, eToro, Charles Shwabb, Libertex, and more. Each of these apps has unique features and advantages. To learn which trading app is best for you, read our reviews below. Once you’ve chosen your favorite, download it and start trading! Listed below are some of our favorite apps for beginners.
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eToro
eToro is an excellent trading app for beginners, offering low fees and easy-to-follow instructions. This platform offers free stocks, ETFs, and CFD trading, and has one of the lowest commissions among the top regulated trading apps in the world. However, you’ll have to pay a $5 withdrawal fee, and it doesn’t support all cryptocurrencies. The platform also offers educational videos, as well as fast account opening.
XTB
If you’re a beginner, then you may want to check out the XTB trading app for beginners in the United Kingdom. XTB is a regulated broker by the CySEC and FCA. All client accounts come with negative balance protection. That means that you cannot lose more than your deposit. XTB accepts all forms of ID, including government-issued ID. You can deposit funds using most major credit cards and online banking, and they have multiple payment options.
Charles Shwabb
The Charles Schwab app is one of the most popular trading apps for beginners, and it offers users advanced security controls. You can choose a biometric login, face ID, or preset passcode to log in to your account. It also has an extensive database of financial instruments, including all the publicly listed stocks in the US as well as OTC shares and IPOs. The app also features social media integration, which is great for beginners.
Libertex
While there are many investment apps available for UK citizens, Libertex stands out for its low trading commissions and a number of other features. In addition to providing low trading commissions, Libertex also offers zero-spread stock trading. Whether you’re a beginner or an experienced trader, the app will offer a variety of investment opportunities that you can find here, and it even allows you to choose your preferred trading platform.
Hargreaves Lansdown
The Hargreaves Lansdown trading app is one of the most popular and easy to use trading apps for beginners in the UK. It offers many options for customization, including a watchlist and virtual portfolio. It is compatible with many operating systems and offers unique broker tips. Users can navigate through the app’s options quickly and easily, and the app allows them to view mobile charts in full screen mode.
Plus500
The Plus500 trading app for beginners in the UK offers the same features as the web-based version, including low trading fees and spreads. It is available for download with just a single click. There are no other differences between the mobile app and the web-based platform, so you can expect the same experience from either. In addition, Plus500 provides the same customer service, and the mobile app is easy to use.
Trading 212
If you are a beginner, you can use Trading 212 to trade stocks and forex. This app is regulated by the UK’s top financial authority, the FCA. Its main focus is CFDs and forex, but it also provides stock, ETFs and cryptocurrencies. You can use Trading 212 to trade these assets, but it does not support options or futures trading. Its features are impressive. It offers commission-free withdrawals, while you’ll have to pay 0.7% of your losses when depositing via a digital wallet. The program also allows you to deposit using a bank transfer.
