The best trading platform in the UK revealed

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If you’re looking to join millions of UK investors by trading online, there are dozens of platforms to choose from. When looking for the right trading platform for your needs, consider user-friendliness, security, fees, and supported markets.

In this guide, we review the best UK trading platforms so you can invest and trade with low fees and top-notch account security.

The 5 Best UK Trading Platforms for 2022

A list of the best UK trading platforms can be found below:

  • eToro – Best Overall UK Trading Platform for 2022
  • Capital.com – Trade thousands of markets commission-free
  • Libertex – Great trading platform for leverage
  • Skill – One of the best UK trading platforms for beginners
  • AvaTrade – The best platform for advanced traders

We provide reviews of the above UK trading platforms in the following sections of this guide.

Top 5 UK Trading Platforms Reviewed

The following five providers represent the best UK trading platforms for 2022. Read on to find out which platform is right for you.

1. eToro – Best Overall UK Trading Platform for 2022

The eToro trading platform is ideal for beginners who want to invest in the financial markets in a user-friendly way. From start to finish, you can open a verified account in five minutes, then instantly deposit funds with your everyday debit/credit card. Bank transfers, e-wallets and Paypal are also accepted.

US and UK traders only need to deposit a minimum of $10 at eToro to buy shares and other tradable assets, or around £7. In terms of markets supported, eToro offers access to thousands of stocks from UK and international markets. All stocks, as well as ETFs, are available for purchase and sale at 0% commission.

If you are also interested in commodities, you can trade everything from gold. silver, oil and natural gas. eToro is also the best crypto trading platform in the UK – if you want to invest in Bitcoin. One important thing to note about eToro is that the platform is authorized and regulated by the FCA.

Plus, your investment funds are covered for up to £85,000 via FSCS in the event of a brokerage crash. When it comes to basic functionality, eToro is popular for its Copy Trading tools. This allows you to automatically copy the investments of a successful eToro trader.

>>> Visit eToro now

68% of retail investor accounts lose money when trading CFDs with this provider

2. Capital.com – Trade thousands of markets commission-free

Capital.com is one of the best trading platforms in the UK for asset diversity and low fees. Coming to the former, this premier platform offers over 6,000 tradable markets. This includes everything from ETFs, gold and energies to UK and international forex, indices and stocks. When trading CFDs, you can apply leverage to any market you choose, subject to UK limits. Plus, all Capital.com markets are commission-free.

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We also like that when you trade on Capital.com, you can access any market you want with a buy or sell order. The first would be needed if you think the asset will increase in value and the second if you think the opposite. Capital.com requires a minimum first deposit of just £20 when using an e-wallet or debit/credit card, and £250 for bank transfers.

>>> Visit Capital.com now

78.79% of retail investor accounts lose money when trading CFDs with this provider

3. Libertex – Great Trading Platform for Leverage

Libertex offers a wide range of financial instruments on its platform. For those looking to invest in stocks in the traditional sense, Libertex allows you to do so at 0% commission. Alternatively, you can also use Libertex to trade leveraged CFDs. This market gives you access to a much larger pool of assets and the ability to amplify your buying power.

Regarding spreads, some Libertex markets can be traded from 0.0 pips. As such, Libertex is one of the best UK trading platforms for low fees.

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We also like Libertex for its integration with MetaTrader 4 and 5. These platforms offer advanced trading suites with tools and charting features. Libertex also offers its own native mobile trading app which can be downloaded for free via App Store or Google Play.

>>> Trade on Libertex now

75.3% of retail investor accounts lose money when trading CFDs with this provider.

4. Skilling – One of the best UK trading platforms for beginners

Skilling is a premier trading platform that gives you access to over 800 popular financial markets. This includes loads of stocks, ETFs, currency pairs, hard metals, energies, indices, and more. This fully licensed and regulated stock trading platform offers a user-friendly experience from start to finish, which will appeal to those with little or no investment experience.

As for fees, some Skilling markets can be traded from just 0.1 pips. In addition, when you trade CFDs on shares, you will not be charged any commission. As a beginner-friendly platform, Skilling supports fractional shares, allowing you to trade a small portion of a share.

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Note that all of the markets available at Skilling are represented by CFDs – so you won’t own the underlying asset.

>>> Exchange your skills now

66% of retail investor accounts lose money when trading CFDs with this provider.

5. AvaTrade – The Best Platform for Advanced Traders

AvaTrade is perhaps the best online trading platform in the UK for seasoned investors. This hugely popular platform is used by millions of clients around the world – you can trade hundreds of CFD instruments with 0% commission. We have also found that AvaTrade offers some of the most competitive spreads in this market.

In terms of tradable assets, you can access CFDs from a wide range of markets – such as forex, stocks, indices, metals, energies, etc. If you wish to access the AvaTrade Bitcoin trading platform, you must be a professional client – in accordance with FCA regulations. Nevertheless, you can get started on AvaTrade with a minimum deposit of just £100.

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As for features, AvaTrade offers a direct connection with MT4 and MT5, which means you will have access to dozens of indicators and drawing tools. Additionally, AvaTrade offers a full-fledged demo trading account that mirrors live financial markets. As such, you can practice newly created strategies in a risk-free ecosystem.

>>> Trade on AvaTrade now

71% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best UK Trading Platform for You

When looking for the best UK trading platform, consider the key factors listed below:

  • Is the trading platform regulated by the FCA?
  • What trading fees does the platform charge?
  • Is there a minimum deposit and trade size you need to adhere to?
  • How user-friendly is the trading platform?
  • Which financial markets does the trading platform give you access to?

Crossing off the checklist above will ensure you select the best UK trading platform for your personal needs.

How to Use an Online Trading Platform in the UK

To get started with the best UK trading platform right now – eToro, follow the walkthrough below:

Step 1: Register an account

Open an eToro account by clicking “Join Now”.

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Enter your personal information and contact information when prompted.

Step 2: deposit funds

Deposit funds into your eToro account ($10 minimum, around £7) with a debit or credit card, bank transfer or e-wallet.

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With the exception of a wire transfer, all deposit methods are processed instantly.

Step 3: Search for an asset

Click on the “Discover” button to view the list of assets supported by eToro – which covers stocks, ETFs, forex, crypto, indices, and more.

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When you see the asset you want to buy, click “Trade”.

Step 4: Place the trade

To place your trade on eToro, enter your stake in the “Amount” box and confirm the order.

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Visit eToro now

68% of retail investor accounts lose money when trading CFDs with this provider.

If you are trading stocks as in our example above, you will not be charged any commission.

Conclusion

This guide has reviewed five best UK online trading platforms – and explained what to look for when choosing a provider yourself.

To sum up, eToro has established itself as the best trading platform in the UK for its FCA regulated status, extremely low fees and simple user interface.

Visit eToro now.

Your capital is in danger. Additionally, 68% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.

Warning
The above content is non-editorial and TIL hereby disclaims all warranties, express or implied, in connection therewith. TIL does not necessarily guarantee, endorse or approve any of the above content, and is not responsible for it in any way. The article does not constitute investment advice. Please take all necessary measures to ensure that the information and content provided is correct, updated and verified.

Disclaimer: Content Produced by FINIXIO

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