2024 Guide On 12 Best Online Investment Platforms UK

Are you looking for the best investment options in the UK? In the current turbulent economic times, it is highly suggested that you make investments.

But where to start from and how to start? Well, we have got you covered. Here is the list of the best online investment platforms in the UK in 2024.

Best Online Investment Platforms UK 2024

Best Online Investment Platforms UK

eToro

eToro is one of the best online investment platforms UK. Using it you can invest in ETFs, international shares, commodities, forex, and many more.

It is beginner friendly and you can start by investing a small amount. You can use debit cards to make investments. eToro is compatible with professionally managed smart portfolios for passive investing.

XTB

XTB is a known trading platform for CFD. It offers 0% commission on thousands of markets. In this platform, you can trade any number of shares as well as ETFs.

The most popular shares open for trading in XTB are Coinbase, Microsoft, JPMorgan Chase, and Amazon.

XTB is compatible with both long-term as well as short-term investments. There is a free demo account as well for your practice of risk-free trading.

Moneybox

Moneybox helps you to automatically invest in spare change through debit card round-ups. You can get started with £1. You can choose from automated portfolios or DIY investing.

There are three automated portfolio strategies for you to choose from. You will not be charged any commission. Also, there is an option to choose your share as well as the ETF investments.

AvaTrade

AvaTrade is considered one of the best-spread betting platforms in the UK. It is a tax-efficient platform and you can spread bets on 1000+ assets.

The shares available for trade include indices, ETFs, and various shares from the UK and US. You can spread over a huge number of assets without having to pay any capital gains tax or commission.

Interactive Investor

Interactive Investor has a user-friendly investment platform and provides a seamless experience. You can use the platform from smartphones; Android and iOS.

The platform can be used online via the website or through the dedicated app. There is free regular monthly investing and a low monthly subscription fee. There are hidden extra charges.

Pepperstone

Pepperstone supports more than 1,200 instruments and is a noted CFD trading platform. It is available in 174+ countries. It is at the top of the list of skilled traders and you can see FX, indices, shares, commodities, and ETFs open for trading on its platform.

The supported markets of Pepperstone are Stock CFDs, crypto CFDs, indices CFDs, forex CFDs, and commodities CFDs.

IG

IG is yet another investment platform in the UK that has low investment fees. If you are an active trader you only have to pay a small amount as an investment fee. To avail of this you only need to place three trades on the platform each month.

Using IG you can invest in UK-listed IPOs. Also, you will not need to pay ISA fees when you trade 3 times in each quarter.

Trade Nation

Trade Nation is a popular trading platform that has more than 1000 markets and you can trade at a low cost. It is easy to access the markets of your choice.

All the fees are pre-fixed, there are no hidden fees, and there are narrow spreads between buy and sell.

Hargreaves Lansdown

Hargreaves Lansdown is one of the best online investment platforms in the UK where you can invest in shares, bonds, and funds all with having a single investment account.

You can invest in markets such as bonds, gilts, ISAs, investment trusts, stocks, ETFs, funds, and more.

Admirals

Admirals is another of the best online investment platforms in the UK which is regulated by the FCA (Financial Conduct Authority). It opens 1000+ CFD instruments and spot trading options.

Admirals offer fractional sharing and offer CFD trading on all assets.

Freetrade

Freetrade as its name suggests is a free general investment account that supports more than 1500 shares and ETFs. The commission-free trades can be accessed using the advanced app.

There are paid plans which support additional markets and features.

The pad accounts present you with a 1 – 3% interest on uninvested cash.

Trading 212

Trading 212 lets you start your investment journey with an investment as low as £1. It is regulated by FCA and you do not have to pay a trading commission.

You can make fractional investments and own some of the most expensive stocks such as Apple, Amazon, and Google. It offers a commission of 0% on all supported share markets.

The Bottom Line

There is a lot more on the list of the best investment platforms in the UK for 2024. Here we have listed the top 12 ones only.

When you make an investment decision, be sure that you know what you are doing. Get help from your friends who know about investing and consult investment specialists.

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