Best Investment Apps in the UK 2021

Best Investment Apps in the UK 2021Are you looking to invest with an app? As a British investor, you have access to a range of excellent investment apps in the UK.

We’ve tested all of the top apps and outlined the results of those tests in this guide to the best UK investment apps in 2021.

Our List of the Best Trading Platforms, Brokers & Apps in Europe:

  • Best Investment App for Beginners: eToro
  • Best Mobile Investment Platform in the UK: IG Markets
  • Best Investment Account in the UK: DeGiro
  • Best Micro Investment App in the UK: CMC Markets
  • High Leverage Investment App with Copy Trading: eToro
  • Best Low-Commission Investment App: Plus500
  • Commission-Free CFD Provider With a Mobile App: AvaTrade
  • Trusted UK Share Dealing Platform With Competitive Fees: DeGiro
  • Best App for Automated Investing: AvaTrade

Which is the Best Investment Apps for Beginners in the UK?

eToro

No online broker does copy trading like eToro.

You can choose to trade on your own or copy other traders, and the social trading network is the perfect place to share experiences and learn new skills from other traders from all over the world.

What we like

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

What we don't like

Commission of CFD stocks.

High minimum deposit

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

Commission of CFD stocks.

High minimum deposit

Features

Fees: 0% commission on stocks, although not on stock CFDs.
Demo Account: Yes
Min Deposit: £200
Assets: Hundreds of stocks.
Deposit Options: Credit/Debit Cards, Skrill, Neteller, PayPal, Wire, Rapid Transfer
License: FCA, CySEC, ASIC

Ratings:
star-full star-full star-full star-full star-full

Rating by our editorial team

14 users gave the score of 4.6/5
Total score:
star-full star-full star-empty star-empty star-empty

73,316 users gave the score of 2.13/5

75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

We tend to list eToro as the best investment app for beginners in the UK, as well as abroad, and for good reason. You see, eToro is the epitome of a beginner-friendly platform with a varied, yet not overwhelming, selection of assets, a rich resource of educational material, and, more importantly, an incomparable copy trading feature.

Copy trading is a great way for beginners to start investing because it allows you to copy other investors and learn from their strategies. That way, you can eliminate some of the analytic work that’s normally required to invest.

To further establish themselves as a leading investment app in the UK, eToro recently launched real stock investments on its platform. The only downside with eToro for beginners is the high minimum deposit and spread.

Which is the Best Mobile Investment Platform in the UK?

IG Markets

IG Markets is one of the oldest and biggest online brokers in the world.

This UK-based broker has been offering trading opportunities since the early 1970s.

Still to this day, IG Markets keeps trail blazing the industry and setting the standard for all other online brokers.

What we like

Real stock trading of the exchanges

Huge selection of international stocks.

What we don't like

High minimum deposit.

Commission on spread betting and CFD stock trading.

Real stock trading of the exchanges

Huge selection of international stocks.

High minimum deposit.

Commission on spread betting and CFD stock trading.

Features

Fees: Low spread & commission.
Demo Account: Yes
Min Deposit: £300
Deposit Options: Visa, Mastercard, PayPal, Bank Transfer
Assets: 10,000+
License: FCA, ASIC, CFTC, MAS

Ratings:
star-full star-full star-full star-full star-empty

Rating by our editorial team

9 users gave the score of 4.7/5
Total score:
star-full star-full star-half star-empty star-empty

28,781 users gave the score of 2.58/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

IG Markets is one of the main online brokers in the UK, with experience spanning more than 40 years. The investment platform offered by IG belongs to the top-tier of trading tools, which is the reason why IG Markets has become a household name among UK investors and traders.

Today, IG Markets provides access to several platforms that serve different purposes. Some platforms are designed for spread betting, CFDs, and forex trading, while they also provide a great investment platform.

IG Market’s selection of assets is incredible, with more than 15,000 instruments listed. However, this is both a blessing and a curse, since it’s rather overwhelming to be presented with so many options.

Which is the Best Investment Account in the UK?

Degiro

This Dutch-based financial institution has managed to develop a serious stock investment broker that feels and operates like a regular online broker.

To us, it’s a perfect combination.

What we like

Stocks at wholesale prices

One of the biggest brokers in Europe

What we don't like

No demo account

Rather high commission

Stocks at wholesale prices

One of the biggest brokers in Europe

No demo account

Rather high commission

Features

Fees: Charges commission and other trading fees
Demo Account: No
Min. Deposit: N/A
Assets: Thousands
License: FCA and AFM (Netherlands)

Ratings:
star-full star-full star-full star-half star-empty

Rating by our editorial team

2 users gave the score of 4.5/5
Total score:
star-full star-full star-half star-empty star-empty

9,981 users gave the score of 2.73/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

DeGiro is a Dutch online investment broker with one of the most solid products on the UK market. With a DeGiro investment account, you get access to your entire portfolio, all your favourite tools, and DeGiro’s full list of tools from any device.

With the option of investing in stocks and other instruments from your phone with an account that helps optimise your ability, it should come as no surprise why DeGIro currently has the best investment account in the UK.

With that said, DeGiro is not commission-free and the broker is best suited for investments, ie. it can’t be used to combine investments with your trading strategy.

Which is the Best Micro Investment App in the UK?

CMC Markets

CMC Markets is a global trading service based in the UK but with customers and offices all around the globe.

A combination of great trading tools, tons of assets, and long experience in the industry make CMC Markets an excellent choice for most traders.

What we like

Huge selection of assets

Well-established broker

Top-notch trading platform

What we don't like

Complicated registration

High spread on stocks

Fees on many transactions

Huge selection of assets

Well-established broker

Top-notch trading platform

Complicated registration

High spread on stocks

Fees on many transactions

Features

Fees: 0 commission on FX and CFDs
Demo Account: Yes
Min Deposit: Zero
Assets: 10,000+
License: CySEC, FCA, ASIC

Ratings:
star-full star-full star-full star-full star-empty

Rating by our editorial team

5 users gave the score of 4.6/5
Total score:
star-full star-full star-full star-empty star-empty

3,193 users gave the score of 2.9/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

Micro investments are small investments in different instruments, typically using derivatives such as CFDs and spread betting. If that’s the type of investments you’re looking for, we recommend CMC Markets as the best micro-investment app in the UK right now.

CMC Markets distinguishes itself as a top online broker with a huge collection of instruments suitable for both beginners and advanced experts. Naturally, investors also get access to both desktop and mobile trading software, including an award-winning investment app.

For years, CMC Markets has been an established broker on the UK market, and while the broker qualifies as the best micro-investment app in the UK, they do charge rather high fees. We’ve also read reviews that claim CMC Markets’ platforms are a bit too complicated for inexperienced users.

Which is a High Leverage Investment App with Copy Trading in the UK?

eToro

No online broker does copy trading like eToro.

You can choose to trade on your own or copy other traders, and the social trading network is the perfect place to share experiences and learn new skills from other traders from all over the world.

What we like

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

What we don't like

Commission of CFD stocks.

High minimum deposit

Copy trading for convenience.

Fantastic app that runs smoothly on Android and iOS.

Commission of CFD stocks.

High minimum deposit

Features

Fees: 0% commission on stocks, although not on stock CFDs.
Demo Account: Yes
Min Deposit: £200
Assets: Hundreds of stocks.
Deposit Options: Credit/Debit Cards, Skrill, Neteller, PayPal, Wire, Rapid Transfer
License: FCA, CySEC, ASIC

Ratings:
star-full star-full star-full star-full star-full

Rating by our editorial team

14 users gave the score of 4.6/5
Total score:
star-full star-full star-empty star-empty star-empty

73,316 users gave the score of 2.13/5

75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Since 2018, leverage and margin levels in the European Union, as well as in the UK, have been greatly reduced through legislation. This means that all brokers are limited to offering at most 1:30 on major currency pairs and between 1:1 and 20:1 on all other instruments.

In other words, no investment app in the UK has higher leverage than others. Although, in terms of high leverage (within the set limits) and copy trading, no app can compete with eToro.

eToro allows you to invest in and trade thousands of instruments using fair margins and a fantastic copy trading platform.

Which is the Best Low-Commission Investment App in the UK?

Plus500

When you trade with Plus500's app, you will be using the highest-ranked trading app for both Android and iOS.

You will also gain access to some of the world's best mobile trading features and a great selection of asset classes.

What we like

Easy to use mobile software

Competitive spread

Top rated in both app stores

What we don't like

Commission on stock trading

Limited monthly transactions

Only 2,200 assets on offer

Easy to use mobile software

Competitive spread

Top rated in both app stores

Commission on stock trading

Limited monthly transactions

Only 2,200 assets on offer

Features

Fees: 0% commission, except stocks.
Demo Account: Yes
Min Deposit: £100
Assets: 2,000+
License: FCA, CySEC, ASIC, FSCA, MAS

Ratings:
star-full star-full star-full star-full star-half

Rating by our editorial team

16 users gave the score of 4.4/5
Total score:
star-full star-full star-full star-empty star-empty

97,521 users gave the score of 2.95/5

76,4% of retail CFD accounts lose money. Plus500 has been named the best CFD provider in the UK, Spain, and Germany by the Investment Trends 2019 Leverage Trading Report in the UK and Spain. In 2018, Plus500 was named the best CFD mobile platform by the Investment Trends 2018 Australia CFD report.

Plus500 is not only a low-commission investment app, but a commission-free investment app. Instead of commission, Plus500 charges spread on every position that’s opened and closed, as well as certain non-trading fees.

Moreover, Plus500 currently has the highest-rated investment app in both Google Play and the App Store, and it happens to be one of our personal favourites as well.

In case you’re looking for a great low-commission investment app in the UK, we recommend Plus500. Just note that Plus500 has a limited selection of assets on offer and, since they only offer CFDs, the app is more suitable for short-term trading, than long-term investments.

Which is a Commission-Free CFD Provider With an App in the UK?

AvaTrade

AvaTrade represents the top tier of online brokers.

With a combination of their own software and third-party platforms, you'll gain access to some of the best trading services and features.

What we like

Easily integrated trading robots

Commission-free trading

What we don't like

A limited selection of assets

Rather high spread on certain assets

Easily integrated trading robots

Commission-free trading

A limited selection of assets

Rather high spread on certain assets

Features

Fees: 0% commission but spread on each trade
Demo Account: Yes
Min Deposit: £100
Deposit Options: Debit & Credit Cards, Skrill, Neteller, Webmoney
Assets: 1,000 assets
License: Central Bank of Ireland, ASIC, FSCA, FSA

Ratings:
star-full star-full star-full star-full star-half

Rating by our editorial team

4 users gave the score of 4.8/5
Total score:
star-full star-full star-full star-empty star-empty

7,507 users gave the score of 3.23/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

AvaTrade is another completely commission-free CFD provider in the UK that’s also developed an award-winning investment app. Trading with AvaTrade is an innovative experience where you can make use of several exciting trading robots and automatic investment tools.

This broker is also different from other online investment apps in the UK since it’s regulated by the Central Bank of Ireland, instead of the FCA or CySEC. This does not affect the level of safety at which AvaTrade operates.

Unfortunately, AvaTrade has a rather limited selection of securities and their mobile platforms are more suitable for trading, than investments. Yet, AvaTrade remains one of the top commission-free CFD apps in the UK.

Which is the Best Share Dealing Platform With Competitive Fees in the UK?

Degiro

This Dutch-based financial institution has managed to develop a serious stock investment broker that feels and operates like a regular online broker.

To us, it’s a perfect combination.

What we like

Stocks at wholesale prices

One of the biggest brokers in Europe

What we don't like

No demo account

Rather high commission

Stocks at wholesale prices

One of the biggest brokers in Europe

No demo account

Rather high commission

Features

Fees: Charges commission and other trading fees
Demo Account: No
Min. Deposit: N/A
Assets: Thousands
License: FCA and AFM (Netherlands)

Ratings:
star-full star-full star-full star-half star-empty

Rating by our editorial team

2 users gave the score of 4.5/5
Total score:
star-full star-full star-half star-empty star-empty

9,981 users gave the score of 2.73/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

DeGiro is an online broker offering a share dealing platform that excels at almost everything. Investing in and selling stocks, analysing markets, and keeping an eye on your portfolio is made possible through one of the top investment apps on the European market.

This broker is not commission-free, but they do offer competitive fees and charges on almost all investments, making it a great and economically smart decision to invest with DeGiro.

Please note that DeGiro is a pure investment broker, meaning the DeGiro app isn’t suitable for short-term trading.

Best App for Automated Investing in the UK

AvaTrade

AvaTrade represents the top tier of online brokers.

With a combination of their own software and third-party platforms, you'll gain access to some of the best trading services and features.

What we like

Easily integrated trading robots

Commission-free trading

What we don't like

A limited selection of assets

Rather high spread on certain assets

Easily integrated trading robots

Commission-free trading

A limited selection of assets

Rather high spread on certain assets

Features

Fees: 0% commission but spread on each trade
Demo Account: Yes
Min Deposit: £100
Deposit Options: Debit & Credit Cards, Skrill, Neteller, Webmoney
Assets: 1,000 assets
License: Central Bank of Ireland, ASIC, FSCA, FSA

Ratings:
star-full star-full star-full star-full star-half

Rating by our editorial team

4 users gave the score of 4.8/5
Total score:
star-full star-full star-full star-empty star-empty

7,507 users gave the score of 3.23/5

Between 73-89% of retail investor accounts lose money when trading CFDs.

There is no doubt in our minds that AvaTrade is offering the superior app for automated investments, and the answer as to why is simple.

Compared with all other leading online brokers and investment apps, AvaTrade has put a lot more effort into developing and offering trading robots and automated investment opportunities. As an investor, you have several tools to choose from to set up your automatic investments and the tools are incredibly accurate.

As mentioned before, CFD and forex brokers, such as AvaTrade, are better suited for day trading. However, with the correct use of this broker’s automated investment tools, one can easily place profitable investments.

Your guide to Online Trading in the United Kingdom

what to look in an investment app
what is an investment app
the best Uk investment apps

What Is an Investment App?

what is an investment app

The term investment app is rather self-described, ie. it’s an app that can be used to invest in instruments. Today, the best investment apps in the UK are offered by online brokers, while the more traditional stockbrokers tend to be a few steps behind.

A really good investment app has to offer all the tools you need to properly analyse your markets of interest, as well as the features needed to effectively open, close, and monitor positions.

All things considered, an investment app should be an exact copy of an investment broker platform, only designed for mobile devices.

What to Look for in an Investment App

investment app in the uk

Besides the fact that you should only use investment apps that are regulated by the Financial Conduct Authority, certain factors determine which app will suit you best.

For example, as a stock investor, your investment app needs great support for stocks, while a commodity investment app should be optimised for commodities. You also need access to tools that help you analyse markets and find value.

However, as long as the broker is safe and regulated, the most important thing is that you’re comfortable using it.

How to Find the Best UK Investment Apps

how to find investment app uk

The easiest way to find the best UK investment app is to use our recommendations. We pride ourselves in being unbiased and offering the most accurate broker and app reviews online.

Every investment app and broker that we recommend has gone through countless hours of testing and auditing from our team. We do this to ensure that we only recommend the brokers and apps that are actually the best of the best.

How Safe Are Investment Apps in the UK?

safe investment app in the uk

UK investment apps that are regulated and licensed by the FCA are completely safe to use. An FCA license means that the said broker lives up to some of the world’s strictest investment regulations regarding funds and user safety, fairness, and honesty.

Therefore, all regulated investment apps in the UK can be considered safe.

Just keep in mind that you still run the risk of losing your invested funds, even when using a regulated app.

FAQ

trading platforms uk faq

Is there a monthly subscription fee to use an investing app?

No, you cannot use Robinhood in Europe, unless you live in the UK. Robinhood is a great and commission-free trading app for stocks, cryptocurrencies and commodities.

Today, the app is only available to American, British and Australian investors, but we should expect an international roll out at some point.

There are, however, other great stock trading apps that you can use instead.

Where Can I Buy European Stocks?

Most investment apps do not have monthly fees. Instead, you pay spread for each position you open and close, as well as certain non-trading fees, for example, a surcharge on transactions or overnight fees for positions that are kept open outside of regular trading hours.

That being said, most brokers and investment apps charge an inactivity fee (monthly or quarterly) for accounts that have a balance, but are inactive.

When trading stocks, should I trade CFDs or buy and sell stocks directly?

Contract for Difference (CFD) provides several great benefits, such as the ability to profit from stocks you couldn’t afford otherwise, the option to short pretty much any company, and quick investment times.

Therefore, CFDs are optimal for those looking to day trade stocks, but not necessarily for those looking to invest long-term in stocks.

Can I access my mobile trading account from a desktop?

Yes, your investment app and desktop account are the same, as long as you’re using the same broker. The idea of using an investment app is to gain access to your portfolio and analytic tools regardless of where you are.

Are UK investment apps covered by the FSCS?

Financial Services Compensation Scheme (FSCS) is a form of insurance for investors and traders in the UK. And yes, all of the regulated investment apps that we have recommended are covered by the FSCS.

Are there any free investment apps?

Yes, several apps are completely free to use, although you invest with virtual money, meaning you can’t make a profit in real money. Similarly, all the top investment apps have demo accounts, which you can use to test the platform and practice your skills, also using virtual money.

Can I trade with demo funds on my investment app?


Yes, most of the recommended brokers above offer demo accounts. These accounts can be used to trade using demo funds in the investment app you prefer.

Note: Don’t hesitate to leave a comment below in case you have any questions regarding trading apps, safety, day trading, investments, financial systems, or anything else that might come to mind while spending time on our website. We promise to answer you as soon as possible.

Our Author:

Our editorAdam Jarfjord is a Swedish day trader, investor, and copywriter. He works as head of content at BullMarketz.com and has been providing editorial content within the financial sector for more than 5 years. Read more about him by visiting his LinkedIn profile or contact us directly to learn more about the team.

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