With bank interest rates near historic lows, savers are turning to the stock market in a bid to make more from their money. The most popular market for investing is the London Stock Exchange, which lists well-established and stable companies. Trading on the UK stock market can be a risky and volatile business, but with careful research and education it is possible to achieve long-term capital growth.
Which online top online brokers in the UK offer a reliable, user-friendly platform for trades? Whether you are new to investing or are a seasoned trader, you want a broker that offers an efficient trading experience. The best online brokers are regulated by the Financial Conduct Authority (FCA), and provide a reliable, secure environment for your investments.
Top Gold Trading Platforms in the UK for 2024
The FCA is a globally recognized authority that ensures that online brokers follow strict standards and protect your funds. Investors with FCA-regulated brokers are also covered by the FSCS, which compensates investors up to PS85,000 in the unlikely event that a firm fails.
AJ Bell offers low-cost DIY investment platforms for UK residents, including ISAs and SIPPs. The company was founded in 1995 and is a leading UK self-determined investor platform with 440,000 customers and assets under administration of over PS150 billion. AJ Bell offers a wide range of account types, from general investment accounts to tax-efficient ISAs and SIPPs, and provides exceptional research and analysis.
Interactive Investor, or II as it is known, is one of the UK’s largest DIY investors and was recently bought by Australian business Ample. Its service focuses on providing its clients with model portfolios, selected funds and thematic investments. Its website and app are easy to use and feature an extensive array of educational resources, helping its customers make informed decisions about the markets they invest in. Its fees are competitive with other online UK brokers and it is a good choice for those who plan on investing for the long term.