Best Trading Platform For Beginners UK

Are you new to speculative trading and looking for a good trading platform for beginners? Then look no further. We can give you advice on which brokers are good to start trading with, and we have also put together a list of the best trading platforms for beginners in the UK.

Below you can find tips on what to look for in an investment platform for beginners, but first a list of the best brokers.

Here Are The Best Trading Platforms For Beginners in the UK 2018

Find the best trading platform. You capital is at risk when trading. Be careful.

Risk Warning:

Your capital will be at risk when using any of the recommended brokers on this page. Never invest money you can’t afford to lose. Using a high leverage can result in big losses. Between 65-89% of retail investors lose money when trading contracts for difference (CFD). Bullmarketz may be compensated by some of the brokers listed on our website.

Not a beginner? Then there are other trading platforms that probably suits you better. Check out our recommendations of the Best Trading Platform, Best Stock Trading Platform UK, and Best Forex Trading Platform UK to learn more!

As you probably can imagine beginners and advanced traders look for different things when searching for brokers. A seasoned trader probably focuses on maximum deposits, maximum investments per position, advanced charting tools, etc. But a trading platform for beginners needs to offer different features. For example, a demo account is a must for beginners and so is good educational material and easy to use features.

Naturally, we took all of this into consideration when we went searching for the best investment platforms for beginners in the UK.

Before we get into which brokers and platforms we recommend, we want to provide you with some very useful information.

All the Best Trading Platforms for Beginners Come With a Demo Account

A demo account is a risk-free account that you can use to practice trading without the risk of losing any money. In addition, it gives you the opportunity to test different trading platforms to see which one fits you the best. It’s extremely beneficial for beginners since it gives them an advantage when they finally start trading for real money.

Because of this, all the trading platforms that we’ve recommended below all offer demo accounts and they are all free meaning you don’t have to deposit any money to open them.

Beginner Platforms Have to be Licensed

We only recommend licensed and regulated brokers because it is way too risky to use a service that is not regularly monitored. Since this article is aimed at the UK market, the brokers and platforms we recommend are all licensed by the FCA in the UK or possibly by the CySEC in Cyprus which is enough to be regulated in Europe.

As a beginner, you need to understand the importance of only using regulated brokers, and you can always trust our recommendations to be safe.

See Our Reviews of the Best Trading Platforms for Beginners Below


1. 24Option
24Option is currently one of the leading forex and CFD brokers offering the MetaTrader 4 platform. The MetaTrader 4 is the most popular and common trading platform in the industry, and it has been designed to fit beginners very well. Since it’s the most popular trading platform for beginners you will most likely run into it elsewhere, and you might as well get comfortable using it from the start. 24Option also has a basic account designed especially for beginners.

Platform: The MetaTrader 4
Assets: Currencies, commodities, stocks, indices, cryptocurrencies
Educational Material: Detailed guides about how to get started as well as how to take your trading to a professional level
Demo Account: Yes

Read our 24Option Review

Find the best trading platform. You capital is at risk when trading. Be careful.


2. Plus500
This is one of the top leading brokers, and they also have one of the most beginner-friendly platforms. It’s easy to get started trading with Plus500, and their exceptional educational material makes it even easier for you to learn all the necessary basics. If you’re a beginner, we suggest you open a Plus500 demo account before you get started trading with real money.

Platform: Developed by Plus500
Assets: Stocks, indices, currencies, cryptocurrencies, commodities, ETF, and more
Educational Material: Comprehensive guides and videos for beginners and experienced traders
Demo Account: Yes

Read our Plus500 Review

Find the best trading platform. You capital is at risk when trading. Be careful.


3. Markets.com
Markets.com is one of the best trading platforms for beginners in the UK for the same reason that 24Option is. However, instead of offering the MetaTrader 4, Markets.com offers the MetaTrader 5. The difference between the two platforms is that the MT4 was designed mostly for forex trading while the MT5 is better suited for other CFD trading. In other words, Markets.com is a good trading platform for beginners looking to trade CFDs.

Platform: The MetaTrader 5
Assets: Currencies, stocks, commodities, cryptocurrencies
Educational Material: Everything from ebooks to webinars, videos, and classes
Demo Account: Yes

Read our Markets.com Review

Find the best trading platform. You capital is at risk when trading. Be careful.


4. Libertex
Libertex is a very well-established broker based in Russia with more than 20 years of experience. This broker offers good trading opportunities for beginners for two reasons. First and foremost, their selection of assets is a little bit smaller (170) than other brokers which means you won’t be overwhelmed by your options. Secondly, Libertex offers a great trading platform for beginners that they have developed themselves.

Platform: Their own software
Assets: 170 stocks, cryptocurrencies, stocks, commodities, and indices
Educational Material: Pretty good range of guides, tutorials, and other information
Demo Account: Yes

Read our Libertex Review

Find the best trading platform. You capital is at risk when trading. Be careful.


5. IG Markets
IG Markets is one of the top brokers based in England and they are a perfect match for beginners, but also incredibly popular with experienced traders. What makes IG Markets unique compared to the other brokers is that they offer spread betting in addition to forex and CFD trading. Spread betting is completely tax-free in the UK which is great when you’re just getting started since you get to keep all of your profits.

Platforms: The MetaTrader 4 plus their own trading software for experienced traders
Assets: Stocks, indices, commodities, cryptocurrencies, and more
Can also be used to buy stocks from the exchanges
Educational Material: You can literally learn everything you need to know about trading from IG Markets
Demo Account: Yes

Read our IG Markets Review

Find the best trading platform. You capital is at risk when trading. Be careful.