5 Best Demo Trading Accounts in the UK for 2026
Led by Elizabeth Anderson, Lead Writer and Researcher, the UK.StockBrokers.com research team collects data and tests products on an ongoing basis. We review the tools and features most important to U.K. investors – including beginners, casual investors, passive investors, and active traders.
We collect and track data on trading charges, fees, and interest rates to make it easier to understand the cost of investing in the U.K. We analyze a wide range of savings and investment offerings, like ISAs, SIPPs, investment portfolios, pensions, and active trading accounts. We hand-collect and audit data across more than 50 variables in our coverage of the best U.K. investment platforms.
Our researchers open personal brokerage accounts and test all available platforms on desktop, web, and mobile for each broker reviewed on UK.StockBrokers.com. Learn more about how we test.
If you’re new to investing (or you just want to try out a new investment strategy), a paper trading account is a great way to practise. Paper trading (or, demo) accounts grant access to thousands of pounds in virtual money to invest without having to risk your own savings.
Not all brokers offer demo accounts (mainstream platforms like Hargreaves Lansdown or AJ Bell, for example, don’t offer demo accounts). My guide to the best U.K. paper trading accounts focuses on brokers that allow you to invest in real stocks on the main platform, rather than purely CFD brokers.
Best UK Paper Trading Accounts
- Minimum Deposit: £0
- Share Trading: 0-9 Deals/ Month: £3
- ISA: Yes
- SIPP: Yes
Interactive Brokers is a sophisticated trading platform aimed at confident and institutional-grade investors. For newer investors, Interactive Brokers is more intimidating, though it's worth exploring the platform to see if you could save money or access more investments compared to other brokers. Read full review
- Trade stocks with low commissions and no minimum deposit.
- Offers shares, ETFs, funds, trusts, bonds, and 14,000 no-fee funds.
- Fractional shares available; ideal for beginners.
- Mobile app and tools suit active traders.
- Complex platform may overwhelm new investors.
- U.S.-focused education, less tailored for U.K. clients.
- Platform charges and fees can be confusing.
- Minimum Deposit: $50
- Share Trading: 0-9 Deals/ Month: £0
- ISA: Yes
- SIPP: No
eToro is a global investing platform best known for its social and copy trading features, wide range of stocks and instruments, and a polished mobile app experience. Read full review
- Commission-free trading and no custody fees.
- Top-tier mobile app packed with trading features.
- Social and copy trading make investing feel interactive.
- Limited investment options.
- Hidden currency and withdrawal fees.
- Better for active traders than hands-off investors.
- Minimum Deposit: £1
- Share Trading: 0-9 Deals/ Month: £0
- ISA: Yes
- SIPP: No
Trading 212 is a popular investing platform best known for its commission-free trading, easy-to-use mobile app, and support for low-cost investing in stocks and ETFs. Read full review
- Tax-free investing via an ISA.
- High interest rate on cash balances.
- User-friendly mobile app with practice accounts available.
- Commission-free stock and ETF trading, including fractional shares.
- Doesn't offer a SIPP.
- Limited educational materials when researching investments.
- Only offers stocks and ETFs; does not offer mutual funds or bonds.
- Minimum Deposit: £0
- Share Trading: 0-9 Deals/ Month: $1 / £3 / €3
- ISA: Yes
- SIPP: Yes
Saxo’ trading platform is highly sophisticated and offers a huge range of international shares and funds. The biggest downside is the cost, as its charges are higher than its U.K. competitors. It's best suited for experienced investors rather than beginners. Read full review
- Excellent web and mobile trading app.
- Offers ISAs and SIPPs.
- Offers mutual funds, in addition to stocks and ETFs.
- Excellent range of guides, webinars, and educational material.
- High fees for share and bond transactions.
- Platform or custody fees can work out to be expensive.
- Limited chart features on the mobile app.
- A steep learning curve for newer investors.
- Minimum Deposit: £0
- Share Trading: 0-9 Deals/ Month: 0.025%
- ISA: No
- SIPP: No
Your capital is at risk.
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