In 2023, there are many UK brokers that offer investors the opportunity to trade online. The best one for you will depend on your trading needs, financial goals and desired level of support. You should consider factors such as fees, research tools, user interface, availability of markets and customer care provisions when making your choice.
Some of the Best online brokers in the UK, such as eToro, offer a platform that allows users to buy and sell stocks without paying a commission fee. The broker also offers a range of educational resources and interactive analysis tools to assist investors with their investment decisions. In addition, it has a strong focus on technology and offers social trading features that enable traders to copy the trades of other users.
Best Online Brokers in the UK: Top Platforms for Investors
Another UK online broker worth considering is AJ Bell, which offers a wide range of traditional assets and CFDs. Moreover, the company is regulated by the FCA and provides ring-fencing of customer funds to offer additional peace of mind. It is also a good option for anyone looking to invest in shares through an Individual Savings Account (ISA).
As a bonus, AJ Bell is a member of the Investor Compensation Scheme, which provides protection up to PS85,000 in the event that the firm experiences insolvency. However, it is essential to check the terms and conditions of each broker to be sure that they are authorised by a reputable body. There are many scams out there, so be wary of any platform that does not have a regulatory licence.