How to Find the Best Investing Apps in the UK

When selecting an investing app uk it’s important to check that it is regulated by the FCA and licensing bodies in other jurisdictions. This ensures that the company follows strict operating standards and adheres to consumer protection measures. Many reputable apps are also members of the Financial Services Compensation Scheme (FSCS), which protects investments up to a set limit if they fail.

The best investment apps uk will offer a range of trading assets and markets. These include traditional shares, ETFs and investment trusts on the London Stock Exchange, as well as currencies, commodities and cryptocurrencies. Many also offer a wide choice of trading strategies, educational resources and portfolio tracking tools. Some will even provide automated investing advice (robo-advisors).

Diversify Your Portfolio: Exploring the Best Investment Apps Available

In terms of cost, the best investment apps in the UK will be affordable. Some, such as eToro and XTB, charge a flat fee for trades, while others have a tiered pricing structure. Robo advisors tend to have a higher cost, but they may be best for beginners or those who prefer a hands-off approach to investing.

For a low-cost option, consider an investing app like Acorns or Dodl. Both of these apps link to your debit or credit card and invest spare change into a variety of exchange-traded funds (ETFs). Plum is another popular app that offers a similar service, with fees as low as PS12 a year. Alternatively, you could consider peer-to-peer lending apps, such as Zopa, Funding Circle or Ratesetter.