Choosing uk Investing Apps

If you’re looking for uk investing apps, you’ll want to choose one that is properly regulated. This means that it’s authorised and licensed by the Financial Conduct Authority (FCA). This is important because if you lose money on your investments, you’ll be covered up to PS85k by the FCA.

Moreover, you should also consider whether an app offers educational resources. These could include trading tools, webinars, guides, articles, blogs, economic calendars, and more. These features can help you make more informed decisions about your investments.

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In addition, a leading investment app should offer quality customer service. This is especially crucial if you’re a newbie. Some platforms even have live chat support, so you can speak to a rep in real-time.

The best investment apps for beginners will have low minimum deposit requirements. For example, eToro is one of the UK’s top investment apps for beginners, and you can invest in shares, ETFs, cryptocurrencies, commodities, forex, and NFTs with a minimum deposit of PS1. Moreover, the platform charges a flat rate of 1% on all trades, and it waives the 0.5% stamp duty on all UK stock purchases.

Another option is Hargreaves Lansdown, which has a simple interface and low fees. It allows you to trade both UK and international shares, bonds, ETFs, and funds through a general investment account, stocks and shares ISA, or SIPP. It offers a number of ready-made portfolios for different investing strategies, such as Cautious, Balanced, and Adventurous. You can also create a custom portfolio based on your own preferences and risk tolerance.