Best Online Broker in UK You Should Know About in 2020

Top 10 Online Brokers in UK You Should Know About

Your choice of an online stock broker or an intermediary will depend on your expectations, requirements, and circumstances. Finding the best share dealing service or stockbroker is a challenge to many investors. 

If you have a large investment portfolio, you’ll need a different broker from someone with just a small portfolio. That’s why before you choose any broker, compare features such as research, fund and fee charges, added value, commissions, and customer service. 

If you are in London, here are the best online brokers in UK you should consider. 

1. FxPro

Best Online Broker in UK You Should Know About

Many traders like FxPro because it doesn’t charge any fees or commissions, whether one is withdrawing or depositing funds. It is also safe to trade on this platform because it is highly regulated. It has extensive tools that can help you maximize your trading opportunities. This is one reason it finds its way into the list of top trading platforms.  

2. Markets.com

Best Online Broker in UK You Should Know About

With Markets.com, you’ll enjoy trading seamlessly with more than 2000 financial instruments at your disposal. It has a commendable customer support system on top of many great trading features, not to mention its best online stock trading platforms. 

3. IG

Best Online Broker in UK You Should Know About

IG will allow you to trade stocks on a variety of platforms. Apart from their web-based platform, they also have the L2 Dealer platform and the MetaTrader platform. It has a demo account compatible with Windows, Android, and iOS devices. This means you can trade on this platform wherever you are. Its demo account makes it the best trading platform for beginners.

4. XM

If you take your time to compare trading platforms, you’ll notice that XM is great for beginners. You can use its demo account for an unlimited duration. Meaning you can use it to train until you feel fit to go to a live account. The XM demo account has all the features of a real trading account. 

5. XTB

XTB is a global leader in stock trading. When you open an account here, you have access to more than 1500 financial markets. Its research and trading tools are top-notch, earning it a spot among the best online trading sites. XTB has offices in over ten countries, including the UK, Turkey, France, Germany, Poland, etc. 

6. FOREX.com 

FOREX.com are trusted stockbrokers because they are highly regulated in the UK, Australia, Canada, and the US. They offer traders the best trading experience imaginable with high-speed executions. 

In fact, nearly 100% of trade executions take less than a second (the average execution time is 0.08 seconds). Opening an account here is easy. Just choose your account type, upload personal information, then identify your verification documents. The whole process doesn’t take more than one hour.

7. CMC Markets

CMC Markets is listed on the LSE and is regulated in multiple jurisdictions. It offers competitive pricing, an array of products. Even though it offers the lowest spreads, this platform is advanced for beginners. It is the best online stock broker in UK for experienced users. 

8. FXCM

Online Brokers in UK

FXCM is known for its customer-centric approach and for the range of trading tools that it offers. It is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Financial Sector Conduct Authority (FSCA) in South Africa.  This makes it the best platform to buy shares. 

9. Plus500

Online Brokers in UK

Plus500 is a global company listed on the London Stock Exchange. It offers maximum security for investments because it is highly regulated. This platform focuses on the technological edge and innovation. If you are looking for the best online stock broker in UK, Plus500 should be one of the platforms to consider. 

10. TradeZero

Online Brokers in UK

TradeZero offers options, stocks, and ETF’s. Its trading platform is highly customizable. Many new traders prefer TradeZero because they don’t charge commissions on some stocks. That’s why it is often listed under the trading platforms for beginners.

Final Word

Whatever your investment goals, the trading platforms above will allow you to grow your investment. They offer a variety of financial instruments, educational and trading tools, and security features. With this list, you can pick the best online broker in UK for your stock trading.