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Best UK Trading Platforms 2023

Steve Miley

Written by Steve Miley, Blain Reinkensmeyer
Edited by Carolyn Kimball
Fact-checked by Steven Hatzakis

September 27, 2023

The best trading platforms review took three months to complete and produced thousands of words of research and hundreds of data points. Here's how we tested. Our editorial content is independent and unbiased; here’s how we make money.

If you want to trade or invest in stocks and shares in the U.K., or invest in exchange-traded funds (ETFs), mutual funds or an investment trust, you will need to open an online trading account.

Picking the right online broker for you, that suits you, is therefore an important choice — and not necessarily a simple one. Each share dealing platform charges different fees while offering various investment options, trading tools, education, and market research.

For our 2023 Annual Review, we spent over 10 weeks assessing multiple U.K. share dealing accounts. In total, 53 individual variables were assessed to find the best online broker.

Best UK Trading Platforms for 2023

  • IG
    - Best overall
  • Interactive Brokers
    - Best for professionals and research
  • Fineco Bank - Low pricing
  • Saxo Markets - Best trading platform
  • Trading 212 - Very user-friendly
  • Freetrade - Simple and cost-effective
5/5 Stars 5.0 Overall

Best overall

Minimum Deposit£0.0
Share Trading: 0-9 Deals/ Month£3 to £8

IG stands out as a top U.K. broker, thanks largely to its excellent online trading platform. Strong functionality comes with industry-standard commission rates and fees, a huge variety of trading tools, and user-friendly mobile apps. Read full review

  • Wide offering of investment choices
  • Competitive commission rates
  • User-friendly, robust platform and apps
  • Commissions are not as low as at some newer competitors
  • Research has room for improvement
Visit Site

Low-cost US and UK shares.

(Your capital is at risk)

Interactive Brokers
4.5/5 Stars 4.5 Overall

Best for professionals and research

Minimum Deposit£0.0
Share Trading: 0-9 Deals/ Month£3

Professional traders are brilliantly serviced with the tools and capabilities of Interactive Brokers. Less-experienced traders benefit from the low commissions and excellent research available in the web-based Client Portal platform. Read full review

  • Low commission platform
  • Wide range of investment options
  • Two platforms serve traders of varying experience
  • SIPP accounts are not available
Visit Site

New client offer, special margin rates.

(Your capital is at risk)

Fineco Bank
4.5/5 Stars 4.5 Overall

Low pricing

Minimum Deposit£0.0
Share Trading: 0-9 Deals/ Month£2.95

For the price-conscious trader, FinecoBank is a solid share dealing option with a broad range of investment options; but educational materials and research reports are lacking. Read full review

  • One of the cheapest brokers for purchasing both global and U.K. shares
  • Broad range of products
  • Now offers ISA accounts
  • App and platform are only mid-range
  • Room for growth in education, research
Saxo Markets
4.5/5 Stars 4.5 Overall

Best trading platform

Minimum Deposit£500.0
Share Trading: 0-9 Deals/ Month0.10% (£8 min)

Saxo Markets offers a well-functioning platform with an array of investment opportunities featuring over 30,000 international products to trade across 40 global exchanges. The one downside is pricing, which is high. Read full review

  • SaxoTraderGO is an easy-to-use trading platform, with many tools on offer
  • Equally strong mobile trading app
  • Extremely broad product offering, including SIPP and ISA accounts
  • Fees are high compared to competitors
Trading 212
4.5/5 Stars 4.5 Overall

Very user-friendly

Minimum Deposit£1.0
Share Trading: 0-9 Deals/ Month£0

Trading 212 offers low-cost trading without lots of bells and whistles. Though tools, research and investments are limited, its user-friendliness and pricing may be an attractive option for the beginner trader. Read full review

  • Easy-to-use mobile app
  • Zero commissions on all trades
  • Fractional shares available
  • 0.70% fee for deposits above £2,000
  • Educational content is average
  • Research is limited
4.5/5 Stars 4.5 Overall

Simple and cost-effective

Minimum Deposit£0.0
Share Trading: 0-9 Deals/ Month£0

Freetrade's commission-free model allows trading of fractional shares with a user-friendly mobile trading app, and the educational offering is of good quality. Research and range of investments are limited, however, and its online trading platform is still in beta and not available to all customers. Read full review

  • Very low costs
  • Offers stocks, fractional shares, ETFs, investment trusts, SPACs and REITs
  • User-friendly app
  • Limited research
  • Online trading platform is in beta
  • Cannot invest in bonds or funds

Best Trading Platform UK Rankings

Scored on 419 data points, here are our final rankings for 2023, sorted by Overall rank.

Company Overall Rating Commissions & Fees Offering of Investments Mobile Trading Platforms & Tools Research Ease of Use Education Visit Site
IG logoIG 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars 5/5 Stars 5/5 Stars Visit Site
Interactive Brokers logoInteractive Brokers 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 4.5/5 Stars 5/5 Stars 4/5 Stars 3.5/5 Stars Visit Site
Fineco Bank logoFineco Bank 4.5/5 Stars 5/5 Stars 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars
Saxo Markets logoSaxo Markets 4.5/5 Stars 3/5 Stars 5/5 Stars 5/5 Stars 5/5 Stars 4.5/5 Stars 4.5/5 Stars 4/5 Stars
Trading 212 logoTrading 212 4.5/5 Stars 5/5 Stars 2.5/5 Stars 4/5 Stars 3.5/5 Stars 2/5 Stars 4/5 Stars 3/5 Stars
Freetrade logoFreetrade 4.5/5 Stars 5/5 Stars 2.5/5 Stars 4/5 Stars 1/5 Stars 2/5 Stars 4.5/5 Stars 3/5 Stars
DEGIRO logoDEGIRO 4/5 Stars 5/5 Stars 3.5/5 Stars 3.5/5 Stars 3/5 Stars 2.5/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 5/5 Stars 2.5/5 Stars 3.5/5 Stars .5/5 Stars 3.5/5 Stars 4/5 Stars 4/5 Stars
CMC Invest logoCMC Invest 4/5 Stars 5/5 Stars 2.5/5 Stars 3.5/5 Stars 0.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars
Hargreaves Lansdown logoHargreaves Lansdown 4/5 Stars 3/5 Stars 5/5 Stars 4.5/5 Stars 4/5 Stars 4.5/5 Stars 4/5 Stars 4/5 Stars
eToro logoeToro 4/5 Stars 4/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars 3/5 Stars 4/5 Stars 3.5/5 Stars
XTB logoXTB 4/5 Stars 3.5/5 Stars 3/5 Stars 4.5/5 Stars 3.5/5 Stars 3.5/5 Stars 4/5 Stars 4.5/5 Stars
Interactive Investor logoInteractive Investor 4/5 Stars 4/5 Stars 4.5/5 Stars 3/5 Stars 3/5 Stars 3.5/5 Stars 3.5/5 Stars 3.5/5 Stars
View More

Your capital is at risk.

Our 2023 UK Share Dealing Winner: IG

IG Group logo small

IG is our top pick for best broker in the U.K. In addition to offering a wide range of markets that you can trade, IG offers powerful research, excellent educational resources, and industry-leading trading platforms that cater to clients of all experience levels. IG gives you the ability to easily switch between your retirement (ISA and SIPP, although they are in between SIPP providers) and share-trading accounts, and offers competitive pricing as well. IG thoroughly deserves the award for best online broker U.K. Read our full review of IG.

IG Trading Platform UK

Runner-up: Interactive Brokers, best for professional traders and research

Interactive Brokers logo small

Interactive Brokers is a great choice, not just for professional traders in the U.K., but also for retail investors who need access to a wide range of global markets in addition to local markets. The Trader Workstation (TWS) platform and more recently launched platforms IBKR GlobalTrader and Impact come with a multitude of features and trading tools, including dozens of research channels, comprehensive educational content, and competitive commissions. They also offer stocks and shares ISAs. Read our full review of Interactive Brokers.

Interactive Brokers TWS Dashboard UK

Podium finisher: FinecoBank, best for low commissions and fees trading

Fineco Bank logo small

FinecoBank is a trusted brokerage that offers U.K. traders access to a wide variety of markets and investment products, With a growing array of educational content, Fineco offers competitive rates and trading platforms that are not overly complex with a good ease-of-use factor for all investor types. Read our full review of FinecoBank.

Fineco Bank Trading Platform UK

FinecoBank's web trading platform.

Other investment platforms tested

In addition to our winning brokers, we reviewed five other platforms: DEGIRO,, eToro, Hargreaves Lansdown, and Interactive Investor. Here are our high-level takeaways for each broker.

DEGIRO: DEGIRO offers cheap stock trading on a modest trading platform, charging only £1.75 + a £1 handling fee per trade, with a maximum charge of £5. Fees for trading funds, however, are more costly. DEGIRO does not offer ISA or SIPP accounts and lags competitors in fundamental research and education. Read Full Review The lowest fees in our annual review come from, with commissions at zero and no "hidden" charges. This is clearly attractive, though the limited offering of investment options and lack of web-based or desktop trading platform mean comes up short for an investor or trader looking for the complete package. Previously better known for its CFD trading platform, have branched out to offer direct investing and trading in shares. Read Full Review

eToro: If you're looking for a broker with zero-commission stock trades and a functional and easy-to-use platform, with the bonus of an excellent copy trading option, then eToro may be the broker for you. Do watch out for the hidden fees, and know that the research area and range of investments on offer are not as robust as at many of the more traditional brokers. Read Full Review

Hargreaves Lansdown: Hargreaves Lansdown provides an extremely thorough and comprehensive selection of investment options and very high-quality research (some of which is created in-house) alongside a user-friendly mobile app. However, pricing is expensive, the charting tools are average and educational resources are only in line with industry standards. Read Full Review

Interactive Investor: Interactive Investor, or ii, is a good choice for investors who desire research reports and in-house recommendations for funds. But fees are high given the below-average tools, platform, and mobile app on offer. Interactive Investor struggle to remain competitive with commissions and fees, particularly for fund investors and active share traders. Read Full Review

What is the most trusted stockbroker?

As you would expect, the safest stock trading platforms come from the overall best and most trustworthy brokers. We see the following brokers as offering the safest stock trading experience in 2023:

  • IG: Established 1974; over 400,000 client accounts.
  • Interactive Brokers: Established 1977; over 1 million client accounts.
  • FinecoBank: Established 1999; 1.4 million client accounts.
  • Saxo Markets: Established 1992; 829,000 client accounts.

Features such as two-factor authentication and proper security measures across a broker’s websites, platforms and applications are also important factors in trustworthiness and will have you covered in the event of a compromise. Our picks above have a strong pedigree and history, with sizeable assets under management, meaning your funds should be safe with these providers in the long term.

What is the best online trading platform in the UK?

The SaxoTraderGO platform from Saxo Markets is the best online trading platform in the U.K. SaxoTraderGO comes loaded with trading tools and excellent usability, regardless of whether you are a beginner or seasoned trader. Like the SaxoTraderGO web platform, the SaxoTraderGO mobile app is also brilliant. The one downside of Saxo Markets is pricing, which is more expensive than most U.K. brokers.

Saxo Markets trading platform tour

Which trading platform is best for beginners in the UK?

The best trading platform for beginners in the U.K. should emphasise education, ease of use and low cost. Based on these factors, the best trading platform for beginners in the U.K. are:

  • IG - 4.5 stars - Strong on education, simple but functional app and platform, and relatively low costs.
  • FinecoBank - 4.5 stars - A well-rounded product with excellent pricing.
  • Trading 212 - 4.5 stars - Easy to use and "zero" commissions (there are some fees).
  • Freetrade - 4 stars - Simple to use, low cost, and offers fractional shares.

What is the best free trading platform in the UK?

While commission-free trading is currently the norm among U.S. online stockbrokers, commissions and fees are more common in the U.K. and can be a differentiator when you choose a broker. And while the trading platforms are free to use from the following brokers, you may still incur some trading costs, even if a broker advertises commission-free trading. After factoring in all trading-related costs, here are some standout brokers in our analysis of commissions and fees.

  • Zero commissions for stock trading; competitive spread and no hidden fees.
  • DEGIRO: £1.75 + 0.014% per trade, with a maximum charge of £5.
  • FinecoBank: £2.95 for U.K. shares and ETFs; no minimum monthly commission.
  • CMC Invest: Zero commissions for trading U.S. and U.K. shares, though access to midcap U.K. shares requires upgrading to a Plus account with a £10 monthly fee.
  • Freetrade: Zero commissions for trading major U.K. and U.S. shares, but foreign exchange carries a cost.
  • Trading 212: Zero commissions, but 0.70% fee for deposits above £2,000.
  • IG: Competitive commission rates with a full-service brokerage.

How do you choose a share dealing platform?

When choosing a share dealing platform, first consider the investment and account options available. For example, not all U.K. brokers offer ISA and SIPP accounts, nor do all U.K. brokers support U.S. shares trading. Next, compare the trading fees and any monthly or quarterly account fees. Finally, assess the trading platforms themselves by comparing the mobile apps, trading tools, and available market research. Ease of use is another area you may want to consider if you are a new trader.

What are the best UK stock trading apps?

Our picks for the best U.K. stock trading apps for 2023:

  • Saxo Markets - Best overall stock app
  • Hargreaves Lansdown - Best stock app for longer-term, professional investors
  • Interactive Brokers - Best stock app for usability
  • IG - Best stock app for traders
  • Fineco Bank - Best stock app for simplicity

Does Robinhood work in the UK?

Robinhood, the popular stock trading app, is not currently available in the U.K., with plans for a U.K. launch having been postponed during the pandemic. In April 2022, the company announced plans to offer crypto trading in the U.K., and eventually Europe, following the acquisition of Ziglu Limited, a Britain-based digital currency app.

Is day trading legal in the UK?

Yes, day trading is legal in the U.K. Day trading is simply buying and then selling a particular asset, such as a share in a company like BP, within the same trading day. Although there are no regulatory blocks to day trading, it's important to trade through a regulated and trusted broker, such as those in our annual analysis of the best brokers. The providers in our review are regulated in the U.K. by the respected Financial Conduct Authority, or FCA.

What is the best platform for day trading UK?

IG is our pick for best stock trading platform U.K. for day traders, as well as our top pick overall after extensive analysis. Its offering of investments mean that you can trade almost any market you could want. Its platform and mobile offerings are top-notch with great technical analysis and charting tools, meaning you can happily day trade either at your desk or on the go.

IG trading platform tour

How much do stockbrokers charge in the UK?

There are a number of different pricing models used by stockbrokers in the U.K., which yields a significant difference in charges. Some of the disruptors in the U.K. stock brokerage world, such as Freetrade, CMC Invest and Trading 212, offer commission-free trading; but sometimes there are other fees, which we note in our annual review of brokers in the U.K. Some providers charge a flat fee, such as £9.99 per trade, whilst others charge a percentage of the value of the trade, with a minimum or maximum commission — for example, 0.02% maximum or £5 minimum.

Here's a breakdown of the commissions and fees charged by the top brokers in our annual review.

Feature IG logoIG Interactive Brokers logoInteractive Brokers Fineco Bank logoFineco Bank Saxo Markets logoSaxo Markets Trading 212 logoTrading 212 Freetrade logoFreetrade
Minimum Deposit info £0.0 £0.0 £0.0 £500.0 £1.0 £0.0
Share Trading: 0-9 Deals/ Month info £3 to £8 £3 £2.95 0.10% (£8 min) £0 £0
Share Trading: 10-19 Deals/ Month info £3 £3 £2.95 0.10% (£8 min) £0 £0
Share Trading: 20+ Deals/ Month info £3 £3 £2.95 0.10% (£8 min) £0 £0
Annual Custody Fee: £0 - £250,000 info £96 (can reduce by trading) 0% 0.25% 0.12% (min. €120 or £ equivalent) £0 (Other Fees Apply) £0
Annual Custody Fee: £250K-£500K info £96 0% 0.15% 0.12% (min. €120 or £ equivalent) £0 (Other Fees Apply) £0
Annual Custody Fee: £500,000 - £1m info £96 0% 0.15% 0.12% (min. €120 or £ equivalent) £0 (Other Fees Apply) £0
Annual Custody Fee: £1m and over info £96 0% 0.05% 0.12% (min. €120 or £ equivalent) £0 (Other Fees Apply) £0
Bonds - Corporate - Fee info N/A 0.1% (for <10,000 EUR) 0.025% (for >10,000 EUR) £6.95 0.20% (min. EUR20) N/A N/A
Bonds - Government (Gilts) - Fee info N/A 0.1% (2 euro min) £6.95 0.20% (min. EUR20) N/A N/A
ETFs - Fee info £8 £3 £2.95 0.10% (£8 min) 0 £0
Investment Trusts - Fee info £8 £4.95 N/A 0.10% (£8 min) N/A £0
Telephone Dealing Fee info £40-£50 30 USD N/A £50 N/A N/A
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What UK stockbroker offers the lowest fees?

Notably low-cost share dealing in the U.K. is offered by market disruptors such as, Freetrade, Trading 212 and CMC Invest, who cite zero-commission trading — although there are some other costs and fees users may incur, as detailed in our annual review of the best U.K. brokers. DEGIRO and FinecoBank also offer low fees for trading individual shares: DEGIRO's fee for trading individual shares in the U.K. is £1.75 + 0.014% per trade, with a maximum charge of £5; FinecoBank charges £2.95 for U.K. shares and ETFs.

How do I buy shares online in the UK?

To buy shares online, follow these steps.

  1. Select a U.K. broker, then open and fund the account.
  2. Research the stocks you want to buy using the trading tools and market research provided.
  3. Once you choose a stock to buy, fill out the order ticket with the number of shares you want to purchase.
  4. Place your trade.

You now own shares of stock! For more educational resources before you start trading, we recommend reading's 10 great ways to learn stock trading.

How can I trade forex in the UK?

The first step in trading forex in the U.K. is to choose a broker that is regulated and authorized by the Financial Conduct Authority, or FCA, and open a trading account. Note that it's important to read the full terms and conditions of your account agreement, which governs the relationship you have with your broker.

Next, to execute trades, you must fund your account with a small amount of capital that you can afford to risk. Here are three steps to take after opening an account:

Learn the platform. Before trading, learn how your broker's trading software works. Some brokers offer virtual, or "paper," trading, which allows you to practice without risking real money. Explore any free educational content that's available about the platform.

Develop a strategy. Once you feel fluent with your broker's trading platforms, outline a basic strategy for yourself that includes risk management. The next step will be to identify entry points and exits (the price you plan to enter and exit the market) for a given currency pair.

Trade your plan. Once you identify a price and direction you would like to enter, a market order or limit order can help you establish an open position; you can also attach a stop-loss order and take-profit limit order to manage the risk/reward of your investment.

How do I choose a forex broker in the UK?

The broker you choose should be regulated and authorized by the Financial Conduct Authority (FCA) and highly trusted, meaning the broker has many years in operation and holds numerous regulatory licenses.

Ideally, the broker will rank highly in all the categories that are important to you. For example, you should choose an FCA-regulated broker that can give you access to the markets you want to trade, from within excellent online trading platforms (web-based or desktop-based software) and mobile trading apps. The best forex brokers in the U.K. also offer comprehensive educational content and a rich offering of research tools in various media formats, such as articles, news headlines, videos and webinars.

For more insight, see our top picks among U.K. forex brokers on sister site

Who is the best forex broker in the UK?

IG holds the title of best forex broker in the U.K. in 2023. IG ranks at or near the top of almost every category in our analysis, including Platforms & Tools, Mobile Trading Apps, Research, and Education, as well as the Offering of Investments category thanks to its wide range of markets. U.K. residents can access spread betting, share trading, ETFs, and investment trusts, as well as forex and CFDs. See a full review of IG's forex offerings on our sister site,

What is the best crypto trading platform UK?

EToro wins the best cryptocurrency ribband in our extensive review. The broker offers a plethora of cryptocurrencies and coins to trade, including familiar names such as bitcoin and ether, but also all the next tier and less well-known cryptocurrencies and altcoins. In addition, eToro allows you to invest in cryptocurrency portfolios and use its cryptocurrency copy trading feature, as well as the ability to hold cryptocurrency in the eToro wallet.

What is an ISA?

An Individual Savings Account is a means of tax-free saving and investing. For the current tax year, an individual can save up to a maximum of £20,000, which can be held in a stocks and shares ISA, a cash ISA, a Junior ISA, an innovative finance ISA, a Lifetime ISA, or in a "Mix and Match" combination of these.

What is a SIPP?

A Self-Invested Personal Pension, or SIPP, is a tax-efficient means of saving funds for retirement in the U.K. SIPPs are government approved, and enable individuals to make their own investment decisions. Unlike more traditional pension models where investment choice is often restricted to a limited number of funds, a SIPP offers investors the ability to self-direct their investments.


To recap, here are the best share dealing platforms overall for 2023.

Best UK Brokers for Share Dealing Summary


For the U.K. Review, we assessed, rated, and ranked 11 U.K. share dealing platforms over a 10-week time period. Each broker was exhaustively tested on all available platforms and graded on 53 different variables, with testing done on devices for both Apple and Android operating systems. In total, over 17,000 words of research were produced.

We thoroughly tested and compared features of prime interest to investors, including but not limited to:

  • Offering of investments, such as whether the broker offers trading of shares, CFDs, ETFs, funds and bonds.
  • The commissions and fees charged.
  • Functionality and design of mobile apps.
  • Quality of desktop trading platforms and a fluid experience moving between app and desktop.
  • Usability of tools such as charting and watch lists.
  • Market research, such as screening, news and analysis.
  • Educational resources including tutorials, online courses, videos, webinars and articles.

Our rigorous data validation process yields an error rate of less than .001% each year, providing site visitors with quality data they can trust. Our lead researcher and writer, Steve Miley, is a finance industry veteran with more than 30 years of experience in financial markets. Steve's expertise is backed by a team of experienced content strategists, data auditors, editors and project managers who work to ensure our reviews are the most unbiased and complete reviews in the industry. Read more about our team.


Robinhood Signs Agreement to Acquire Ziglu

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About the Editorial Team

Steve Miley
Steve Miley

With 30 years of experience in institutional financial markets, Steve has won multiple awards from Technical Analyst Magazine, including "Best Independent Fixed Income" and "Best FX Research." In addition to his work with, Steve is the founder of The Market Chartist, where he provides market research for institutional clients; and is editor-in-chief for

Blain Reinkensmeyer
Blain Reinkensmeyer

Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Carolyn Kimball
Carolyn Kimball

Carolyn Kimball is managing editor for Reink Media and the lead editor for the Annual Review. Carolyn has more than 20 years of writing and editing experience at major media outlets including NerdWallet, the Los Angeles Times and the San Jose Mercury News. She specializes in coverage of personal financial products and services, wielding her editing skills to clarify complex (some might say befuddling) topics to help consumers make informed decisions about their money.

Steven Hatzakis
Steven Hatzakis

Steven Hatzakis is the Global Director of Research for Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.