Best Brokers for UK Investors
The Best Brokers for UK Investors‘t just for those with millions of pounds in savings – anyone can invest money in the market, thanks to online brokers that offer the chance to buy and sell shares. However, it’s important to do your research before selecting a broker. You’ll want to know whether they are regulated by the FCA, what markets you can trade on and their fees and customer care policies.
Best Brokers for UK Investors: A Comprehensive Guide
Hargreaves Lansdown (HL) is often regarded as the Rolls Royce of stockbrokers, offering a premium service for investors. This includes access to the global stock market, extended trading hours and the ability to take advantage of US tax breaks for non-residents. However, HL’s high fees and charges can make it expensive for some.
Another option is eToro, which offers the opportunity to buy and sell a large range of assets including CFDs on stocks, indices and commodities. The UK-based broker is a member of the Financial Conduct Authority and offers a no minimum deposit policy.
If you’re looking for a more hands-off approach to investing, consider trading apps like Trading 212. The app allows you to set up portfolios of shares and reinvests your money on a regular basis. You can create different portfolios for different goals, such as retirement or income generation. The platform can also automatically transfer funds into a bank account each month. It also offers low fees for long-term investments and an easy-to-use interface.