Best UK Trading Platforms 2025

Active traders need platforms built for speed, control, and insight. Whether you’re trading stocks, forex, ETFs, or options, your platform should offer fast execution, advanced tools, and competitive fees.

We’ve tested the top brokers in the UK to find the best options for traders who are in the markets daily or weekly.

Here are our top picks for 2025, based on platform performance, pricing, and trading features.

Best trading platforms in the UK reviewed

Interactive Brokers – Best overall for active traders

Rating: 4.5/5
Minimum deposit: £0
ISA/SIPP: Yes/Yes
Platform type: Desktop, web, mobile

Interactive Brokers (IBKR) leads the pack for active UK traders thanks to its professional-grade tools and low-cost structure. The Trader Workstation (TWS) desktop platform supports real-time charting, algorithmic orders, and custom workflows across multiple asset classes. Whether you’re trading equities, forex, options, or futures, IBKR offers deep liquidity and precision controls.

Its GlobalTrader mobile app also delivers real-time data, in-app news, and customizable layouts for managing trades on the go. We found both desktop and mobile apps fast, stable, and feature-rich.

Key features:

  • £3 per trade on UK shares up to £6,000, then 0.05%
  • No custody or inactivity fees
  • Trade 150+ markets across 30+ countries
  • Fractional shares, mutual funds, and fixed income access

Considerations:

  • Interface can feel complex to new traders
  • U.S.-centric educational materials

Best for traders who want top-tier tools and access to global markets without high costs.

Saxo – Most advanced platform suite for professionals

Rating: 4.5/5
Minimum deposit: £0
ISA/SIPP: Yes/Yes
Platform type: Desktop, web, mobile

Saxo Bank provides one of the most robust platform experiences on the market. SaxoTraderPRO is ideal for serious traders needing advanced multi-screen setups, Level 2 data, and lightning-fast execution. SaxoTraderGO, its web and mobile version, brings a clean design and strong charting tools to everyday use.

Saxo also gives access to 23,500+ global stocks, plus forex, commodities, options, and futures. The depth of market access makes it suitable for traders who want exposure to major and emerging markets alike.

Key features:

  • Commission starts from £3 or 0.08%
  • Extensive technical tools: 60+ indicators, drawing tools
  • VIP account offers tighter spreads and priority support
  • Market insights via Saxo Market Call and Dow Jones

Considerations:

  • Custody fees apply to overnight holdings
  • Higher fees on bonds and smaller trades

A solid choice for experienced traders who want a premium experience and global coverage.

IG – Best for advanced charting and order management

Rating: 4.5/5
Minimum deposit: £0
ISA/SIPP: Yes/Yes
Platform type: Web, mobile

IG excels at technical analysis and real-time execution. Its ProRealTime charting platform includes multi-timeframe views, over 100 indicators, and built-in drawing tools. You can also place, adjust, or cancel trades directly on the chart.

IG offers access to more than 12,000 global markets, including shares, indices, and forex. Traders placing three or more trades per month can use premium charting tools free of charge.

Key features:

  • £0-£10 commission on UK shares
  • Trading signals and sentiment indicators built-in
  • Seamless mobile and desktop trading integration
  • Educational hub with IG Academy and daily briefings

Considerations:

  • High costs for occasional traders
  • Doesn’t offer mutual funds or bonds

Best for technically focused traders who rely on precision charting and fast execution.

eToro – Best for social and commission-free trading

Rating: 4.5/5
Minimum deposit: $50
ISA/SIPP: Yes/No
Platform type: Web, mobile

eToro offers a simple way to trade stocks, ETFs, and crypto with no commissions. It’s built around a social model where you can copy the portfolios of top-performing traders. This makes it appealing for newer traders looking to learn through observation or those wanting a hands-off strategy.

Its platform is sleek and mobile-friendly, with enough tools for basic analysis. However, it doesn’t support bonds, mutual funds, or more advanced trading features.

Key features:

  • Zero commission on UK and U.S. shares
  • Copy trading with transparent performance stats
  • Virtual trading account for practice
  • Fractional share support

Considerations:

  • No SIPP, bonds, or mutual funds
  • Hidden fees on withdrawals and conversions

Ideal for traders who want a social, low-cost experience without sacrificing stock access.

Trading 212 – Best for beginners and cost-conscious traders

Rating: 4.5/5
Minimum deposit: £1
ISA/SIPP: Yes/No
Platform type: Web, mobile

Trading 212 offers a clean, intuitive interface that’s ideal for new and active traders alike. All stock and ETF trades are commission-free, and the platform supports fractional shares and practice accounts. The mobile app is responsive and includes real-time pricing, charts, and simple order placement tools.

It’s one of the easiest platforms to get started with in the UK, especially for those trading small amounts or frequently adjusting positions.

Key features:

  • £0 commissions on all stocks
  • ISAs available for tax-efficient investing
  • Fractional share trading and demo mode
  • Real-time portfolio view in advanced chart mode

Considerations:

  • No SIPP or mutual funds
  • Basic research and education tools
  • Pending orders not visible on charts

A strong choice for active traders who value simplicity, speed, and zero fees.

XTB – Best for high-volume commission-free traders

Rating: 4.5/5
Minimum deposit: £0
ISA/SIPP: No/No
Platform type: Web, mobile

XTB gives UK traders access to commission-free stock and ETF trades up to £100,000 monthly. Its xStation 5 platform is fast, reliable, and packed with useful features like heatmaps, market news, and sentiment tools.

It’s a global broker with strong regulatory credentials and a well-designed platform, though it lacks support for ISAs or SIPPs.

Key features:

  • Commission-free stock/ETF trades under £100k
  • xStation 5 includes news, charting, and scanning tools
  • Fast execution and clean mobile layout
  • Strong analyst insights and learning content

Considerations:

  • No tax-efficient accounts like ISAs
  • Becomes expensive above £100k in trades
  • No bonds, mutual funds, or pension options

A good fit for high-frequency traders who prioritize low fees and speed over account variety.

Quick comparison: top UK brokers for active traders

PlatformRatingMin DepositISASIPPBest For
Interactive Brokers4.5£0YesYesPro-grade tools and market access
Saxo4.5£0YesYesAdvanced platforms and global reach
IG4.5£0YesYesProfessional charting and execution
eToro4.5$50YesNoCopy trading and zero commissions
Trading 2124.5£1YesNoBeginner-friendly and low cost
XTB4.5£0NoNoHigh-volume trading with no fees

What is online stock trading?

Online stock trading, also known as share dealing, means buying and selling shares of public companies through a digital platform. These companies are listed on stock exchanges, and their shares represent partial ownership.

Even with rising interest rates, returns from stocks often outperform savings accounts over the long term. But those returns come with risk — stock prices can go up or down based on market conditions.

What is a share?

A share is a unit of ownership in a company. When you buy shares, you’re buying a piece of that business. If the company performs well and the share price rises, you can sell at a profit. If it drops, you may lose money.

For example, you might buy shares in companies like Amazon, Google, or Tesla and sell them when the price increases.

What causes share prices to change?

A company’s share price is calculated by dividing its total market value by the number of shares in circulation. But that price can rise or fall for many reasons.

Common factors include:

  • Company earnings or losses
  • News about the business or sector
  • Government regulations
  • Global events, such as wars or pandemics

When more people want to buy a stock than sell it, the price typically goes up. When the opposite happens, prices usually fall.

How to trade stocks online

You can trade stocks using a web platform, desktop software, or mobile app. Every trading platform has its own strengths, but here are key things to check before you get started:

Platform fees

Trading platforms often charge a fee for each transaction. There may also be monthly account fees. Some platforms offer low-cost trades, while others have premium features that come with higher charges.

Ease of use

Markets move quickly. Look for a platform that’s simple to navigate and lets you place trades fast without confusion.

Market research

Good trading tools offer real-time data, price charts, and analyst insights. These help you make smarter trading decisions.

Trade execution tools

Features like stop-loss orders or limit orders help you control trades automatically. They’re especially useful when you can’t monitor prices all day.

Margin trading

Some platforms let you borrow money to invest more. This is called margin trading. It can increase both gains and losses, so be sure you understand the risks.

Security

Choose a platform with strong security, including encryption and two-factor authentication. Your money and personal data should always be protected.

What to consider before investing

Only risk what you can afford to lose

Stock prices can drop for reasons beyond your control. If that happens, you might not get your money back. Never invest more than you’re comfortable losing.

Start small

Begin with a modest amount. As you gain experience, you can scale your investment strategy.

Learn before you trade

Study each company before you invest. Check financial reports, industry trends, and global news. A little research goes a long way toward making informed choices.

“Online trading involves risk and reward. You can reduce your exposure by researching stocks, choosing the right platform, and taking a long-term view.”

Key rules for smart stock trading

1. Do your research

Short-term trading can be unpredictable. Stay informed about market trends and company performance. The right insights can help you decide when to buy or sell. Some platforms also offer useful tools and analysis to support your strategy.

2. Diversify your portfolio

Spreading your investments across different sectors or markets helps reduce risk. If one stock drops, gains from others may balance it out. This is a key principle for protecting your capital.

3. Don’t panic in a downturn

Markets rise and fall. Selling at the first sign of trouble can lock in losses. Sometimes the best move is to stay calm and wait for recovery — especially if your investments are sound.

Glossary: Common stock trading terms

  • Bear market: A period when stock prices fall sharply
  • Blue chip stock: Shares in large, stable, and well-known companies
  • Broker: A firm or platform that lets you buy and sell shares
  • Bull market: A period when stock prices are generally rising
  • Day trading: Buying and selling stocks within the same day
  • IPO: Short for Initial Public Offering, when a company lists its shares for the first time
  • Portfolio: The collection of all the investments you own
  • Stop-loss order: A rule that sells a stock if it drops below a set price
  • Volatility: The degree of price change in a stock or market

How to choose the right trading platform for your needs

Choosing a trading platform isn’t just about low fees or flashy apps. It’s about finding a service that fits your investment style, experience level, and financial goals. Whether you’re brand new or a seasoned investor, there are a few key factors to get right from the start.

Make sure it’s FCA-regulated

Always check that the platform is authorized by the Financial Conduct Authority (FCA). This ensures your money is held to UK safety standards, and that you’re protected by schemes like FSCS, which covers you up to £85,000 if the provider fails.

Match the platform to your experience level

Beginners

If you’re new to trading, look for platforms with strong educational support. That means:

  • Step-by-step guides
  • Webinars and videos
  • Demo (paper trading) accounts
  • Responsive customer service

These features help you learn the ropes without risking your own money early on.

Experienced traders

More experienced investors will want:

  • Advanced charting tools
  • Access to global markets
  • Flexible order types
  • Research and analyst reports
  • The ability to manage multiple trades at once

Platforms like IG, Saxo, or Interactive Brokers offer these tools. Some also lower fees for frequent traders.

Key platform features to compare

Before choosing a trading platform, ask yourself the following:

1. What do you want to invest in?
Some platforms only support stocks and ETFs. Others offer access to bonds, funds, forex, or crypto. If you want to build a diverse portfolio, go for a platform that covers a wide range of assets.

2. How much support do you need?
New traders may want tutorials and live chat. If you’re self-directed, you might prefer in-depth research tools instead.

3. Do you want to automate trades?
Features like stop-loss orders and price triggers help you control risk. Some platforms also offer copy trading or pre-set portfolios.

4. What type of account is best for your goal?
Saving for retirement? You’ll need a SIPP. Want to grow wealth tax-free? Choose a Stocks and Shares ISA. If you’ve hit your ISA limit, a General Investment Account may be next.

5. How easy is it to use?
Trading platforms can be complicated. Choose one that feels intuitive, loads fast, and lets you place trades quickly with minimal errors.

6. Are demo accounts available?
Many platforms let you practice with fake money before going live. This is a good way to test the interface and see how real trades work.

Understanding fees and charges

Fees vary by platform and can eat into profits if you’re not careful. Here’s what to watch for:

  • Trading fees – Charged when you buy or sell shares
  • Custody fees – For holding your assets on the platform
  • Inactivity fees – If you don’t trade for a certain period
  • FX fees – Charged when converting currency for international trades
  • Investment trust fees – If you invest in pooled funds, expect a percentage-based charge

Some platforms like Trading 212 and Freetrade offer zero-commission trades, but may charge for currency conversion or premium tools. Always check the fine print.

Safety and security

Regulation matters, but so does platform-level security. Look for features like:

  • Two-factor authentication
  • Encrypted transactions
  • Biometric logins
  • FCA authorization
  • FSCS protection (up to £85,000)

These reduce your risk in case of fraud, breaches, or a provider going out of business.

Types of trading strategies to consider

Not all trading styles are the same. Here are a few common ones:

Scalping

  • High-frequency trades
  • Profits from small price movements
  • Requires intense focus and fast execution

Day trading

  • Buy and sell within the same day
  • No overnight risk, but high volatility
  • Needs strong risk management

Swing trading

  • Hold trades for days or weeks
  • Focus on medium-term trends
  • Requires patience and analysis

Each approach carries different levels of risk and time commitment. Your strategy should reflect your financial goals and appetite for risk.

Tax basics for UK investors

Understanding taxes can help you avoid surprises:

  • Capital Gains Tax (CGT): Profits over £6,000 (2024/25) are taxed at 10% or 20% depending on your income bracket
  • Stamp Duty: A 0.5% charge applies when buying UK shares over £1,000
  • ISAs: No tax on profits, income, or withdrawals
  • Spread betting: Profits are usually tax-free
  • CFDs: Gains are taxable, but stamp duty does not apply

Always consult a tax advisor for your specific situation.

Trading platform vs online broker – what’s the difference?

A broker is the company that gives you access to the markets. A trading platform is the software you use to trade. Some brokers offer their own platform; others let you choose from third-party tools like MetaTrader or TradingView.

In most cases, you’ll sign up with a broker and trade using their built-in software or app.

Frequently asked questions

How do I start trading online?
Open an account with a trading platform, verify your identity, and deposit funds. From there, you can choose shares and place trades.

How much money do I need to start?
Some platforms let you begin with just £1. Others may require £100 or more. You can also trade fractional shares on many platforms, so you don’t need a large budget.

Is online trading secure?
Yes — as long as you choose a trusted platform. Look for ones regulated by the Financial Conduct Authority (FCA) and with strong security measures.

Can I buy just one share?
Yes. Many platforms now allow you to buy a single share or even a fraction of a share.

How much do I need to start trading?
You can start with as little as £1, but it depends on the platform. Just remember that fees can shrink small accounts quickly.

Which platform is cheapest?
Trading 212, eToro, and Freetrade are among the most affordable. They offer zero-commission trading, but may charge for other features.

Do I pay tax on profits?
Yes, unless you use a tax wrapper like a Stocks and Shares ISA. Gains over the annual CGT allowance are taxed.

What should a beginner invest in?
Start with low-cost ETFs or managed funds. These offer diversification and reduce the risk of picking a single bad stock.

Is online trading safe?
Yes, if the platform is regulated by the FCA and uses strong security practices.

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Sources

UK Government & Regulator Links:

Financial Protection & Regulation:

Trusted UK Financial Guidance:

Educational & Academic Sources: