The Best Apps For Investing in the UK

Best apps for investing uk are a great option for beginners because they usually allow you to start investing with just a small amount. Moreover, many of these apps offer a slick user experience that makes it easy to access your investments and keep on top of news. In addition, they typically charge low fees. However, it’s important to remember that not all investment apps are created equal. Some are regulated and offer a safe environment for your money, while others may not.

One of the best investment apps for UK investors is Freetrade, which offers a slick, simple-to-use mobile trading platform. Its app is available on both iOS and Android, and it supports the trade of shares in the UK and overseas markets, as well as ETFs and investment trusts. In addition, it doesn’t charge account fees on ISAs or commission on UK stocks. However, it does charge a foreign exchange fee of between 0.39% and 0.99% on non-UK stocks.

Other UK investment apps include Plum, Nutmeg, Moneybox, and Wealthify. These services offer a hands-off approach whereby you can choose your area of interest and the app does the rest. Alternatively, you can use an auto-investing service such as eToro, which allows you to automatically copy the trades of thousands of traders.

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Another important consideration when choosing an investment app is that it must be regulated in the UK by the Financial Conduct Authority (FCA). This means your investments are protected by the Financial Services Compensation Scheme (FSCS) should something go wrong with your provider.