Whether you’re a day trader or beginning investor, there’s an app for you. Look for apps that offer a user-friendly interface, search function and easy account setup. Then choose one with low costs for trading and a transparent fee structure. It’s also worth looking for FCA (Financial Conduct Authority) regulated apps, as this means they’re more likely to be reputable.
Trading Apps UK: Best Platforms can trade almost any asset on a trading app, from shares to commodities and even currencies. However, it’s important to remember that trading is a high-risk form of investing and you can lose money. For this reason, it’s important to choose a regulated broker and use a sensible risk-management strategy.
Trading Apps UK: Best Platforms for Mobile Traders
In addition to choosing a trading app with the right fee structure, you’ll want to make sure it offers a range of tools and features. You’ll also need to compare different providers to find the best deal, as trading fees can add up quickly.
For example, XTB is a well-regarded app with a comprehensive range of trading tools and a mobile version of their website. Its customer service is available around the clock. Another option is IG, which is known for its low trading fees and extensive research tools. It’s also a good choice for beginners as it offers educational guides, webinars, and analysis to help you get started. However, be aware that you’ll have to pay stamp duty reserve tax (SDRT) if you buy shares in the UK.